Photo: SNY

The New York Knicks are still in “rebuild mode” and, as a result, are willing to take bad contracts in trades to acquire future assets, per Ian Begley of SNY.

“The idea of taking a bad contract into cap space could be one of several avenues the Knicks are considering this offseason. Depending on what they decide to do with the contract options for Bobby Portis, Wayne Ellington, Taj Gibson and Reggie Bullock, New York could have more than $60 million in cap room in the offseason,” Begley wrote.

The Knicks are expected to be active this offseason, having three picks (No. 8, No. 27 and No. 38) in the 2020 NBA Draft. They also may have cap space to absorb undesirable contracts in trades.

With Leon Rose as the president and Tom Thibodeau as the head coach, the Knicks are trying to create a winning culture in the organization, after seven seasons without a playoff appearance.

However, winning is not guaranteed in the NBA, as the history showed in recent years. Although, the organization took the necessary steps to improve his standing in the league with Rose, Thibodeau.