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Knicks don't extend Kristaps Porzingis' contract

GREENBURGH, N.Y. — While opening night may be gathering the attention of Knicks fans, the planning of the franchise is set on the future and when Monday’s deadline to extend the contract of Kristaps Porzingis passed, it may have made sense, but it didn’t come without risk.

And when general manager Scott Perry addressed the issue it didn’t exactly ease the nervousness.

The Knicks could have signed Porzingis, who is rehabilitating a torn anterior cruciate ligament that could sideline him for the entire season, to a massive extension like the Minnesota Timberwolves did with Karl-Anthony Towns. Instead, they let the deadline pass, saving cap space for next summer while also risking the possibility of losing the franchise centerpiece.