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NBA champs Knicks traded out of Round 1 entirely. Here’s why that matters for their free agents.

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NBA champs Knicks traded out of Round 1 entirely. Here’s why that matters for their free agents.

The New York Knicks just won the NBA championship. So their draft night wasn’t about getting younger or finding a steal in the first round. It was about math.

On Tuesday, the Knicks made three trades and effectively erased themselves from the first round of the 2026 NBA Draft. They started by moving their own pick at No. 24 to the Lakers for cash and the 25th spot. Then they flipped that pick to Dallas for the 30th pick and two second-round selections. Finally, they traded the 30th pick to Phoenix for three more second-rounders.

End result: New York turned the 24th overall pick into five second-round picks plus some cash. No guaranteed first-round salary cap hit. No rookie contract eating into their cap space.

This is all about staying under the dreaded second apron.

The second apron game

For teams that spend big, the second apron isn’t just a tax line — it comes with roster-building restrictions that can cripple a contender. The Knicks are trying to duck it while keeping their title core together. The two biggest pieces are center Mitchell Robinson and guard Landry Shamet, both of whom played heavy minutes in the championship run.

According to team salary projections, New York sits about $16 million below the second apron before making any offseason moves. That doesn’t leave much room. Signing Robinson alone could cost $10–12 million a year. Shamet likely wants a raise from his minimum deal. And the Knicks still have other roster spots to fill.

Trading out of the first round saves them roughly $2–3 million in guaranteed money against the cap. It’s not a huge number, but in a tight space, every dollar counts.

What they got in return

Five second-round picks sounds like a haul, but those are cheap contracts — usually minimum deals with no guarantees. The Knicks can stash them, trade them, or use them to bring in cheap role players without touching the apron. It’s a financial flexibility move, plain and simple.

The team has not confirmed specific plans for those picks, but league insiders expect them to be used as trade chips before the deadline or to fill out the bench with young talent on team-friendly deals.

For a team that just hoisted the Larry O’Brien Trophy, draft night wasn’t about headlines. It was about staying in business. The real work starts now with Robinson and Shamet.

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