Coney Island Low.

“One observer from yesterday’s workout noted the uneasy atmosphere among the other players. ‘You could just feel the hate,’ the person said.” It’s been rumored all summer, particularly since the Knicks acquired Bulls backup Chris Duhon. Now, according to the Daily News, the tortuous Marbury era in Madison Square Garden looks like it may be coming to an end this Friday. “Several persons with knowledge of the situation have indicated that the Knicks are planning to part ways with Marbury by the end of the week…The Knicks will likely place Marbury on waivers and, once he clears, begin negotiating a buyout. Marbury will then be free to sign with another team; the Miami Heat have a desperate need at point guard.

On one hand, getting nothing in return for a player like Marbury seems like a loss for the Knicks. Then again, with his massive contract, Stephon basically has little-to-no trade value — See also Zach Randolph. And if he’s as much of a locker room cancer at this point as this article suggests, we might as well just cut him and start the D’Antoni era fresh. So, so long, Stephon. And if you start actually playing to your long-heralded potential this coming season for Miami, I’m going to be very irate.

Update: “This thing is initiated in the press and then I have to ask questions about it,’ Walsh said, sounding somewhat perturbed. ‘I haven’t approached [Marbury] about a buyout.’” New GM Donnie Walsh says it’s not so.

Bring the Thunder | The Ewings | Donnie & Darko?

Round 2 of everybody’s favorite party game: What do Berkeley and Seattle sports fans have in common this week? Answer: They both absolutely detest the sound of “Thunder.” The Oklahoma City Thunder (nee Seattle Supersonics) officially unveil their new name and logo. (I guess the Oklahoma City Whirlwind might still have been considered in poor taste.)

On the Knicks side of the ledger: As Patrick Ewing enters the Hall of Fame — and his son, Patrick Ewing Jr., comes to Knicks training camp — is new GM Donnie Walsh really thinking of picking up former Detroit bust Darko Milicic? I know we want to unload Zach Randolph’s contract at all costs before 2010, but aren’t we a big enough joke around the league without adding the Frederic Weis of #2 picks to our roster?

D’Antoni Balks.

The Knicks lose their Gamecock on the bench: Energy player Renaldo Balkman is traded to the Nuggets for peanuts (a 2010 second-rounder, Taurean Green, and Bobby Jones, both of whom will be waived.) “Balkman became expendable with the addition of first-round pick Danilo Gallinari. The Knicks also have an increased role in mind for Wilson Chandler at small forward.” (What about Q-Rich?) That’s too bad…I always liked Balkman. You can’t teach hustle.

Rocket R-Test | Manny on the Run.

“‘I’ll be a kid in a candy store,’ Artest said. ‘I’ll be a kid in a store with a lot of candy. I’m going to dance with the stars.‘” T-Mac, Yao, and the Houston Rockets try to keep pace in a loaded West by trading for talented head case Ron Artest. (They gave up aging vet Bobby Jackson, new pick Donte Greene, a 2009 first-rounder, and cash.) Interesting…that’s a pretty solid trade for Houston. It’s not Boston’s Big 3, but even in a crowded conference Artest should be enough defensive help to finally get ’em out of the first round. And so far he’s saying all the right things.

Also, I don’t really follow baseball until, I dunno, mid-October, but this even made my radar. The inimitable Manny Ramirez is gone from the BoSox. He’s now a Dodger (and, the Grant Hill of the MLB, Ken Griffey is now on the White Sox.) Alrighty then.

D’Antoni goes Duhon.

“The chance for Chris to be a starter was too much to pass up.” The Knicks sign Bulls backup PG Chris Duhon to a 2-year deal, meaning that the “Starbury” Era at MSG looks to be on its way out. “Bradbury said the Knicks have made it clear that Duhon could start, which could mean that Stephon Marbury’s days with the Knicks are numbered. Marbury is in the final year of his contract.Update: Marbury talks the talk.

The Court of King James.

Senators Obama and Clinton aren’t the only people sending reinforcements to Ohio. At the trade deadline, Lebron James gets some much-needed help in Ben Wallace, Wally Szczerbiak, Joe Smith, and Delonte West, giving up Drew Gooden and the underperforming Larry Hughes to Chicago and Donyell Marshall to Seattle. Elsewhere in the league, Bonzi Wells and Mike James went to N’Orleans, and former Knick Kurt Thomas ended up in San Antonio (which will help take the sting out of the Spurs winning another championship, if that’s in the cards, around these parts.)

Speaking of the 16-38 Knicks, they…stood pat. I must say, it’s been a tough season to be a Knicks fan. My TiVo conscientiously tapes all of their losses for me, so I caught the second half of Wednesday’s 40-point stinker against the lowly Sixers, 124-84. Look away! It is hideous.

Dallas Dilemma | Bibby Checkmated.

As the rumored Kidd-to-Dallas deal looks to enter its death throes (partly due to what might’ve been an illegal arrangement involving Stackhouse), the Sacramento Kings say goodbye to the final remaining piece of their memorable squad of early-00’s contenders (Vlade, Webber, Peja, Bibby, Christie, Turkoglu) by sending Mike Bibby to Atlanta for Shelden Williams and a bunch of expiring contracts. I always kinda hoped that Kings team would won a title…(and I’m with Ralph Nader: preferably one of Kobe’s.) Update: A revised Kidd to Dallas deal goes through.

Kidd returns to Dallas.

Another blockbuster NBA trade: Jason Kidd is set to go to the Mavericks for Devin Harris, Jerry Stackhouse, and a gaggle of expiring contracts. I don’t ever want to count out the Spurs, but that should make a 7-game Phoenix-Dallas series in the West very interesting. Update: Wait a tic: Journeyman Devean George puts a damper on the trade.

Superman under a Red Sun?

‘It looks like it’s going to happen,’ said one source close to the situation. ‘We should know for sure by [Wednesday].” Is Shaq headed to the Phoenix Suns? Strange…and unexpected. Granted, Shawn Marion has been pushing for a trade, but — in the manner of all great centers — Shaq’s aging in dog years at the moment, and he’s not exactly what you’d call a master of the fast break. I guess Phoenix wants to get a ring before they become one of those classic contenders that never made it, a la the old-school Trailblazers or the Vlade-Bibby-Webber Sacramento Kings. Still, it wouldn’t seem to make much sense on paper. Update: It’s done — Shaq’s in Phoenix.