New Jersey traded Len Elmore to New York on June 22, 1983 for the Knicks' 1984 second-round pick, later No. 41 Tom Sluby. Elmore played 65 regular-season games for the Knicks in 1983-84, started five and appeared in New York's playoff run. The Nets never used the pick themselves: on August 12, 1983 they packaged it with Foots Walker and their 1985 first-round pick for Kelvin Ransey. Ransey became a productive three-year Nets guard, but because the Sluby pick was only one of three outgoing assets this review does not assign his entire New Jersey value to this trade. The Knicks received the clearer standalone return, so New York gets a modest edge.
Basketball-Reference's New York, New Jersey and league transaction records agree on the June 22, 1983 exchange. The Knicks sent their 1984 second-round pick to the Nets and received Len Elmore. The pick eventually landed at No. 41, but New Jersey did not keep it through the draft.
Elmore appeared in 65 regular-season games for New York in 1983-84 and started five. He averaged 12.8 minutes, 2.4 points and 2.5 rebounds while providing veteran frontcourt depth. The Knicks finished 47-35, won a first-round playoff series against Detroit and pushed Boston to seven games in the Eastern Conference semifinals. Elmore's New York tenure lasted only that season. The contribution was limited in scale but direct and easy to measure.
On August 12, 1983, the Nets traded Foots Walker, the acquired 1984 second-round pick and their 1985 first-round pick to Dallas for Kelvin Ransey. The No. 41 selection ultimately stayed with Dallas, which used it on Tom Sluby. Sluby never played for New Jersey. That means the Nets' value from the Elmore trade came through the pick's role inside the Ransey package rather than from the player selected at No. 41.
Ransey played 80 games for New Jersey in 1983-84, 81 in 1984-85 and 79 in 1985-86. He started 94 games across those three seasons and averaged 9.5 points and 6.0 assists in his first Nets year. This review does not assign all of that production to the Elmore trade. New Jersey also surrendered Foots Walker and a 1985 first-round pick that became Bill Wennington, so those assets were essential to acquiring Ransey. The proper credit is narrower: the Knicks second-rounder retained enough value to serve as one component of a larger trade for a useful starting guard.
New York received a complete, if modest, season from Elmore. New Jersey received an asset with real trade utility but no direct games, and its downstream value cannot be isolated from the two other pieces in the Ransey package. That makes the Knicks' return more concrete without making the Nets' side a failure.
Knicks Win, B-/C+. New York receives a B- for 65 regular-season games and usable playoff-season depth from Elmore. New Jersey receives a C+ because the pick became a meaningful component of the Kelvin Ransey trade, but the Nets never used it directly and cannot be credited with Ransey's entire three-year tenure from this one asset alone. Confidence is high on the transaction chain and moderate in the value split, so the overall confidence remains medium.