Knicks Notes: Offseason, Randle, Rose, Cap Room

The Knicks exceeded expectations all regular season long, but the magic didn’t extend into the playoffs — the team’s season came to an end on Wednesday at Madison Square Garden, as a 103-89 Hawks victory secured a 4-1 series win for Atlanta.

Despite the postseason disappointment, the Knicks built a strong foundation during the last several months for what comes next, head coach Tom Thibodeau said on Wednesday, per Ian Begley of SNY.tv.

“I couldn’t ask for any more from the team,” Thibodeau said. “They were a joy to be around every day. I have great respect for the effort they put forth, their togetherness. We fell short in the end. We’ll look at it. We’ll learn, grow. We know the challenge will be greater next year.”

As Begley observes, the Knicks will have a pair of first-round picks in the 2021 draft and could create up to $60MM in cap room, so they’ll have the assets necessary to improve their roster. Play-making and shooting will be priorities, with point guard among the positions the team will be looking to upgrade, Begley adds.

Before the offseason begins in earnest though, it’s worth taking a moment to appreciate the Knicks’ season, says Mike Vorkunov of The Athletic. No NBA team outperformed preseason expectations by a great margin than the Knicks, who made the playoffs for the first time in eight years and provided their fans with some optimism for the future.

Here’s more on the Knicks:

  • Michael Scotto of HoopsHype talked to eight NBA executives and five scouts about the Knicks’ next move with Julius Randle, who will be extension-eligible this offseason. Several of them suggested they’d prefer to wait on a new deal for Randle, following his career year in 2020/21. “If they go another year under his current contract to let him prove that this year wasn’t a fluke, they’ll still have Bird Rights and can always give him an extra year more than other teams when he’s an unrestricted free agent,” one executive said to Scotto.
  • The Knicks will have to decide whether re-signing their own free agents, pursuing outside free agents, or being active on the trade market represents the best use of their potential cap room, writes ESPN’s Bobby Marks (Insider link). The most likely approach will probably involve combination of the three.
  • In a pair of stories, Marc Berman of The New York Post explores the likelihood of each of the Knicks’ free agents returning and specifically examines Derrick Rose‘s future. “I would love to come back,” Rose said after Wednesday’s loss. “Who wouldn’t want to play for the Knicks or be in New York? I would love it, but at the same time, I know it’s out of my hands and they may have bigger plans.”
  • Despite the Knicks’ success this season, Stefan Bondy of The New York Daily News suggests the team’s roster still has more questions than answers.
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