Knicks trade back again to open second round of 2026 NBA Draft

The Knicks keep on wheeling and dealing.They traded picks Nos.31 and 55 to Houston on the even of Wednesday’s second round of the 2026 NBA Draft, receiving picks Nos.

39 and 53, plus a 2029 second-rounder, per ESPN’s Shams Charania in the latest of a flurry of trades made in this year’s draft to address second apron concerns.Per The Post’s Stefan Bondy, the Knicks moves put them into position to draft players “who could potentially sign second-round rookie exception contracts, which counts just $1.35 million against the cap.”Owner James Dolan made it clear he did not want to go into the second apron of the salary cap, which would carry financial and roster consequences.Part of that mission was to trade out of the first round last night to avoid the salary commitments and guaranteed contracts first-rounders require.The Knicks, who held the No.

24 pick, made several trades Tuesday night and emerged without adding any money onto their ledger/The reigning champions sent the pick to the Lakers in exchange for the No.25 selection and cash considerations.

LA used that pick to select Baylor’s Cameron Carr.With No.25, the Knicks chose Spanish player Sergio De Larrea, in the moment seen as a player that could be stashed overseas for the future without affecting salary numbers.

It was temporary, however.Celebrate with the New York Post highlighting Parade Day in NYC for the 2026 New York Knicks with a reprint of our issue from Friday, June 19.

Whether or not you were one of the millions of people who attended the parade, this framed cover from our June 19, 2026 issue is a must-have keepsake for any Knicks fan.This high-definition replica plaque is designed to keep the energy of that championship night alive forever on your office wall, fan cave, or living room shelf.

After the conclusion of the first round, the Knicks traded De Larrea to Dallas in exchange No.30 pick Koa Peat and two second-rounders and then sent Peat to Phoenix...