Of course, Smith's reacting to the Knicks getting the #4 pick at Tuesday night's NBA Draft lottery ... after getting beat out by Minnesota (#1), the Lakers (#2) and Philadelphia (#3).
FYI -- the way the lottery works, the teams with the worst record have the best odds to get the #1 pick ... and the Knicks had such a bad record this season, they had the SECOND best odds to get the #1 pick in the lottery. Instead, they got screwed.
You gotta check out Kenny's analysis -- it's pretty hilarious.
But good news for Lakers fans ... Smith says the Lake Show is actually relevant again and COULD be a playoff contender -- but it all comes down to one very important factor.