The New York Knicks successfully acquired Karl-Anthony Towns through a complex series of trades and strategic financial maneuvers, leaving them with just $300,000 below the NBA's second apron. Coach Tom Thibodeau praised the meticulous planning that has been five years in the making, highlighting the importance of accumulating draft capital and making calculated decisions.

Key moves included signing players to descending contracts and executing a unique triple sign-and-trade with the Charlotte Hornets. Knicks president Leon Rose, driven by his desire to secure Towns, collaborated closely with vice president Brock Aller, who played a crucial role in orchestrating the deal. Towns expressed surprise at the trade, acknowledging the impressive work of the Knicks' front office.