The New York Knicks team has quite a rich history. It is one of the founding members of the National Basketball Association, and just one of the two founding teams that have remained in its original location. And after more than seven decades, Forbes reported in 2016 that Knicks are the most valuable franchise in the league, worth nearly $3 billion.
From the 1950s to the 1990s, the Knicks consistently contended for the NBA championship year after year, successfully winning the titles in 1970 and 1973. They fell a few games short plenty of times, most recently in 1999.
However, that season saw the start of the franchise’s downfall. They failed to reach the playoffs 12 times during the last 16 seasons, placing near the bottom of the win-loss standings most of the time.
In 2014, optimism that the team would start competing for the title again was high because Phil Jackson, the winningest coach in league history, was hired as President of Basketball Operations. Unfortunately, Jackson’s unparalleled greatness in coaching has not translated so far to managing a basketball team.
Almost everyone who watches the Knicks concur that the team is probably at its lowest point in the history of the franchise. Not only are they continuing to lose, but Jackson has alienated his best players, Carmelo Anthony and Kristaps Porzingis, and the team experienced various embarrassing moments this season.
While an immediate turnaround is highly unlikely, fans hope that every step the management takes is a step toward improving the team.