New York Reversed an Expansion-Draft Loss
The Knicks reacquired Dave Budd from the expansion Chicago Packers on May 16, 1961 after losing him in the April expansion draft. New York sent the rights to Charlie Tyra and Bob McNeill, while Chicago immediately sold McNeill's rights to Philadelphia for cash.
Budd Returned for Four Productive Seasons
Budd played 292 regular-season games for New York from 1961-62 through 1964-65. His best post-trade season came in 1962-63, when he averaged 9.5 points and 5.1 rebounds. The Knicks recovered a familiar forward and received several years of dependable service.
Tyra Was Chicago's Direct Basketball Return
Tyra played 78 games for the Packers in 1961-62, averaging 6.7 points and 7.8 rebounds. McNeill never played for Chicago because his rights were sold the same day. That cash payment adds value for the Packers, but the amount is not publicly preserved.
Budd's Longevity Separates the Outcomes
Chicago received a full season from Tyra and an unpriced payment for McNeill, so the expansion club did not come away empty. Budd nevertheless gave New York almost four times as many games and multiple useful seasons. The direct playing value makes the Knicks the clear winner.
Final Verdict
Knicks Win — New York A-, Chicago B-. Dave Budd delivered 292 post-trade games, outlasting Charlie Tyra's one Packers season and McNeill's undisclosed cash return.