
The Knicks were successful during their early years and were constant playoff contenders under the franchise's first head coach Joe Lapchick. Beginning in 1950, the Knicks made three consecutive appearances in the NBA Finals, all of which were losing efforts. Lapchick resigned in 1956 and the team subsequently began to falter. It was not until the late 1960s when Red Holzman became head coach that the Knicks began to regain their former dominance. Holzman successfully guided the Knicks to two NBA championships, in 1970 and 1973. The Knicks of the 1980s had mixed success that included six playoff appearances; however, they failed to participate in the NBA Finals.

Since 2000, the Knicks have struggled to regain their former glory, but won its first division title in 19 years in 2012-13, led by a core of forwards Carmelo Anthony and Amar'e Stoudemire. They were eventually eliminated in the Eastern Conference semi-finals by the Indiana Pacers, and have failed to make the playoffs since.
More recently Phil Jackson has become GM of the Knicks. The time when the most winning coach in history was in the Knicks was a failure. The star of the team, Carmelo Anthony got into deep friction with the former coach and eventually left the team weeks after leaving GM. Perhaps the only seed of hope planted by Phil was the disputed choice of Kristaps Porzingis in the 2015 Draft. The Latvian would become anchor of the new Knicks.
According to a 2017 Forbes report, the Knicks are the most valuable franchise in the NBA, worth approximately $3.3 billion.




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