New York Knicks unlikely to spend anymore this offseason

The New York Knicks have gone out and re-signed Carmelo Anthony but there are some wondering if there is more spending to be had in order to build the roster around him and try to turn in a winning season in 2014-15.

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Spending doesn’t seem to be in the cards for the Knicks though — and neither does winning this season — as the team is looking like it might coast through this upcoming year before the buckle up and get serious starting in the summer of 2015.

According to Al Iannazzone of Newsday, the Knicks have locked up Carmelo Anthony and that’s all the spending they plan on doing this offseason.

"After locking up Carmelo Anthony with a nine-figure contract, Phil Jackson said the Knicks might not spend much more in free agency — at least this summer.“I want to be fiscally responsible,” the Knicks president said after summer league practice Sunday. “We’ve been a taxpayer team for a little bit and we want to limit that. So we’re not just going to foolishly throw money away because it’s available to us to load up. We want to make an appropriate move that brings our team forward.”"

This makes a lot of sense considering the moves that are out there to be made on the open market — in other words there are none. There is absolutely nothing the Knicks can do to be contenders in 2014-15 outside of organically getting there and saving cash for a run at free agents in the summer of 2015 is not only the smart move to make but it seems like the only one to make given what scraps are left on the open market.

Be sure to stay glued to FanSided’s NBA Rumors page to stay up to date with the latest happenings from the world of NBA Free Agency.

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