Tuesday, August 25, 2026

Knicks and Pacers Meet in Conference Finals After Successful Star Trades

The Pacers and Knicks traded away star players in recent years. Now they’re in the conference finals.

Dec 19, 2024; Minneapolis, Minnesota, USA; New York Knicks forward Karl-Anthony Towns (32) works around Minnesota Timberwolves forward Julius Randle (30) in the third quarter at Target Center.
Bruce Kluckhohn-Imagn Images

The Knicks and Pacers meet in the playoffs for the ninth time Wednesday after taking a similar path few teams get to brag about. 

Both successfully executed trades of their star players in which both sides won. 

Before the Mavericks made the stunning move to trade Luka Dončić to the Lakers in February, the Knicks and Timberwolves participated in what was previously the biggest swap of the season with All-Stars and Kentucky alums Julius Randle and Karl-Anthony Towns switching teams in late September

Now both the Knicks and Timberwolves find themselves in the conference finals. This will be the Knicks’ first appearance since 2000 and the second consecutive conference finals for the Wolves, a first for the franchise. 

The Pacers understand where the Knicks and Timberwolves are coming from. Indiana landed star guard Tyrese Haliburton from the Kings in 2022 in a package that revolved around Domantas Sabonis. 

All three conference finalists had different motivations in their trades. Towns was the star the Knicks had sought for years since hiring former super agent Leon Rose to be their team president in 2020. Rose was Towns’s agent when he entered the NBA in 2015, and Knicks owner Jim Dolan said he hired Rose specifically to help the team acquire star players. 

Towns was one of the Timberwolves’ longest-tenured players, but his days with the franchise became numbered after he signed a four-year supermax extension worth $220 million in 2022. The small-market team with a reputation for avoiding the luxury tax couldn’t afford the duo of Towns and Anthony Edwards, especially after Edwards’s five-year, $244 million extension kicked in and overlapped with Towns’s contract.  

By trading for Randle, the T-Wolves saved hundreds of millions of dollars in salary long-term and acquired a player who has given them a strong postseason with just a $31 million player option left on his contract. 

Then there’s the Pacers, who benefited from the Kings having too much of a good thing. The Kings already had star point guard De’Aaron Fox when the team drafted Haliburton 10th overall in 2020. But the Kings found it difficult to have both young guards play together. As a result, they dealt Haliburton to Indiana at the 2022 deadline in a package for Sabonis, and the results are still on display. 

The Pacers are in the conference finals for the second consecutive year, while Sabonis teamed with Fox to help the Kings end what was then the longest postseason drought of 17 years in 2023. 

While both the Pacers and Knicks arrived at the conference finals by nailing the trades of their respective stars, it’ll be up to those stars to help them win the series. At least they got the right ones this time. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

First at FOS

Enes Kanter Freedom, Royce White Not Eligible to Play in WNBA

Freedom was ejected from a WNBA game Sunday night.
California Attorney General Rob Bonta holds a press conference as he announces California will be suing to block the Paramount's $110 billion acquisition of Warner Bros. Discovery in Los Angeles, California, U.S. July 13, 2026.

Paramount Antitrust Talks Face New Stumbling Block

A settlement negotiation set for Monday was canceled.

Enes Kanter Freedom Removed from WNBA Game After Altercation

The former NBA player claims he will enter the 2027 WNBA Draft.
Mar 28, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez celebrate the team's win over the Phoenix Suns at Target Center

Why Flood of NBA Team Sales Isn’t Slowing

Often it’s less about love of team, more about love of returns.
podcast thumbnail mobile
Front Office Sports Today

8/24/26 – T-Wolves Sold Again, NHL Targets Texas, WNBA Fan Banned

0:00

Featured Today

Dan Snyder ‘Invisible’ in NFL Three Years After Commanders Sale

Snyder has had little to no contact with former NFL associates.
Soccer Football - Premier League - Arsenal v Burnley - Emirates Stadium, London, Britain - May 18, 2026 Arsenal's Kai Havertz scores their first goal past Burnley's Max Weiss
August 21, 2026

Why the Premier League’s Star-Power Shortage Doesn’t Matter

The world’s richest soccer league doesn’t rely on big stars to dominate.
August 12, 2026

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.

‘Natural Next Step’: Brenda Song Takes Rams Fandom to Broadcast Booth

The actress has become an increasingly visible Rams ambassador.
First at FOS
August 20, 2026

Key NFL Committees Clear Way for $9.6 Billion Seahawks Sale

The sale is now likely to be ratified next week.
August 21, 2026

Marc Lore Sells Wolves in Another NBA Ownership Stunner

The move comes just 14 months after Lore took over in Minnesota.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
August 20, 2026

Arctos Adds Stake in 4th NFL Team With Falcons Deal

The agreement reportedly values the Falcons at $10.6 billion.
August 19, 2026

Buss Family Drama Won’t Stop Lakers Sale to Iger and Kushner

Sources say the deal is unaffected by the Buss family dispute.
August 17, 2026

Buss Family Drama Brewing After Reported Lakers Sale

Jeanie Buss is contradicting a report that her family will sell.
Mar 12, 2026; Los Angeles, California, USA; Los Angeles Lakers majority owner Mark Walter and team executive Jeannie Buss in attendance at Crypto.com Arena. Mandatory Credit
August 14, 2026

In Sudden $12.5B Lakers Sale, Big Questions Remain

Why did Mark Walter flip the NBA’s crown jewel in 10 months?