Monday, August 24, 2026

Kemba Walker’s Lost Season Sums Up Knicks’ Failed Offseason

  • The four-time All-Star will sit out for the rest of the season.
  • New York allocated $84.1 million of their 2021-22 cap space to sign or re-sign various players.
Brad Penner-USA TODAY Sports/Design: John Regula

The Knicks’ “Bing Bong” era didn’t last long — and neither did Kemba Walker’s first year in New York.

The team announced Wednesday that the four-time All-Star will not play the rest of the season — the latest proof of New York’s failed offseason spending.

They allocated $84.1 million of their 2021-22 cap space to sign — or re-sign — Julius Randle ($21.7M), Evan Fournier ($17.1M), Derrick Rose ($13.4M), Alec Burks ($9.5M), Nerlens Noel ($8.8M), Walker ($8.7M), and Taj Gibson ($4.9M), who have all underwhelmed.

Walker’s numbers have continued to decline since his best year in 2018-19 (career-high 25.6 PPG), and by late November, Walker had already fallen out of the rotation.

  • Walker averaged a career-low 11.6 PPG on 40.3% FG.
  • He’ll likely be bought out or traded this summer — he has one year remaining with the Knicks worth up to $9.2 million.
  • Kemba gave up $20 million total in his buyout/waiver with the Thunder to sign with the Knicks (OKC still owes him roughly $54 million through 2023).
  • As of now, he’ll earn at least $63 million from both the Knicks and Thunder over the next two seasons.

The acquisition of the hometown hero had sentimental appeal but made little sense for a team with several young guards more deserving of playing time.

At 25-34 (12th in East), it’s safe to say this season has been a giant letdown after last year’s squad finished fourth in the East.

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