Investors fear that the plan to impose losses on bondholders and some depositors could be repeated in other countries, dispelling the notion that the approach in Cyprus was a one-off solution, and raising concerns over a loss of confidence in deposits held by banks in Europe's peripheral countries.

WSJ: Europe Concerns Weigh on Asian Shares

It will be difficult for the team to compensate for the loss of that offensive production, but Woodson said there is a solution: defense.

WSJ: Knicks in Agony as They Seek Ecstasy