Mar 18, 2014; New York, NY, USA; New York Knicks new president of basketball operations Phil Jackson at a press conference at Madison Square Garden. Mandatory Credit: William Perlman/THE STAR-LEDGER via USA TODAY Sports

2014 NBA Draft: Knicks don't have much money to buy pick

As the 2014 NBA Draft is rapidly approaching, the New York Knicks are looking for an invitation to the party.

If the Knicks are unable to make a trade to get into the draft, common opinion has the Knicks looking to buy a draft pick.

That is now going to be easier said than done.

The Knicks can offer only $1.8 million to another club in a trade thanks to the $1.4 million they gave the Raptors in the Andrea Bargnani deal, writes Ken Berger of

Judging by history, that won’t be nearly enough for the Knicks to buy a first-round pick. Throw in the fact that this is considered to be one of the deepest drafts in NBA history and the Knicks likely don’t have deep enough pockets heading into Thursday.

It’s been reported that teams are placing very high value on late first round picks and give the talent in this draft, many believe that the Knicks will have problems trying to buy a second round pick as well.

The Bargnani trade continues to look horrible for the Knicks.

He naturally to no one’s surprise exercised his $11.5 million option for next season and the Knicks gave up a future first-round pick, two second-round picks and a nice chunk of change that ultimately will hurt their salary cap flexibility even more this summer.

For that they got a guy who only appeared in 42 games, averaging 13.3 PPG, 5.3 RPG, and 1.1 APG in 29.9 minutes per game.

Those are numbers that likely won’t increase this season meaning the Knicks got fleeced once again.

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Tags: 2014 NBA Draft Andrea Bargnani New York Knicks

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