Historically, when the Knicks have had the chance to spend money, they’ve done so with little restraint and with shockingly poor results — a combination that can blow up any franchise’s future. Free agency has long been a poisoned chalice for the franchise.
On the rare occasions they have been able to carve out meaningful cap space they have ended up inking injury prone question marks like Amar’e Stoudemire and Joakim Noah to albatross contracts. Even when they’ve been limited in their ability to spend the Knicks have managed to hamstring themselves as much as possible in order to lock up real difference makers such as Jamal Crawford, Jarred Jeffries and Jerome “Big Snacks” James.