I don't see how a team that starts Korver and Brewer can be considered elite (or even near elite) and yet the market is still considering the Bulls to be semi-elite with this spread of Bulls -3.5. You might say, what a minute, the Heat are elite and they start Anthony and Calmers. I just checked the stats and Anthony and Calmers have a higher combined Player Efficiency Rating than Korver and Brewer. Then you have to consider the fact that without Deng and Hamilton the Bulls' bench is much worse than the Heats' bench.
My pick for this game is closer to what I feel the line should really be: Knicks -2.5 +205