Mills, Perry Cite Knicks’ Cap Space In Letter To Fans

Entering this summer, the Knicks are expected to be major players for some of the top free agents. Among the names the franchise is expected to pursue are Kevin Durant and Kyrie Irving.

In a letter to season ticket holders, general manager Scott Perry and team president Steve Mills cited February’s Kristaps Porzingis trade — which netted the team Dennis Smith Jr., DeAndre Jordan two first round picks — and cap space as reasons for confidence this summer, per Marc Berman of The New York Post. The 279-word letter is the first public acknowledgment from brass on the two max slots the team wields in an offseason with several viable candidates to fill them.

“We have created a tremendous amount of financial flexibility, which has put us in a position to potentially sign up to two max free agents,’’ the letter states. “We will continue to focus on the draft in an attempt to replicate the type of players we added last summer. Most importantly, we will use our cap space diligently and only on players who believe in our plan and are committed to building the New York Knicks into the championship team that you deserve.”

This letter is not the first public vote of confidence from a high-ranking team official in recent months. During a wide-ranging interview last month, team owner James Dolan said the team is set up to do well in free agency.

“Yes, I do think that. I think we offer a pretty good situation for [to acquire free agents]. One is a lot of them love New York, a bunch of them live in New York in the offseason,” Dolan said. “They know the team, they know [head coach David Fizdale] really well, they know [Mills] and [Perry]. Players want to go to a winner and they want to get paid. We’re definitely going to pay them. We think with them combined and the kids we’ve got today, we can build a winning team.”

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