Knicks pick bad time to be frugal

After years of not worrying about money, fit, New York passes on Lin deal

Updated: July 18, 2012, 9:55 AM ET
By John Hollinger |
So let me see if I got this straight:

NOW the New York Knicks are worried about financial prudence? Not when Amare Stoudemire signed a five-year, $95 million deal that nobody else was coming close to offering. Not when they burned any chance of a do-over by using the amnesty on Chauncey Billups. Not when they just agreed to spend over $10 million a year on Marcus Camby, Jason Kidd and Raymond Felton, even though none of them were any good last season.