A championship parade tends to wash away the usual offseason anxieties. For the New York Knicks, their unexpected 4-1 NBA Finals victory over the heavily favored San Antonio Spurs did more than bring a banner to Madison Square Garden—it fundamentally changed the summer agenda. Instead of scrambling to plug holes or chasing superstars, the team could finally breathe. If the Knicks had fallen short in the Finals, the rumor mill would have been relentless. Giannis Antetokounmpo’s name would have swirled in trade talks. LeBron James, ever the free-agent magnet, would have been linked to New York. And Leon Rose, the president of basketball operations, would have faced relentless scrutiny over the hefty price paid for Mikal Bridges. But the trophy changed everything. The offseason became about preservation, not reinvention.

Still, tranquility doesn’t mean total calm. Just days after the champagne dried, owner James Dolan went on WFAN and dropped a bombshell that would shape the entire summer. “I’ll write as big of a check as possible, but I can’t write a check that goes into the second apron,” Dolan said. That declaration immediately put the front office in a bind. The Knicks had hoped to retain both Landry Shamet and Mitchell Robinson. Staying under the second apron meant they could likely keep only one. In the end, Shamet stayed, and Robinson—the longest-tenured Knick—signed with the Boston Celtics. Losing a beloved big man to a rival stung, but the championship glow softened the blow. Without Robinson, the center depth behind Karl-Anthony Towns took a hit. Andre Drummond, now the primary backup, represents a steep drop in rim protection and rebounding. The Knicks have been scouring the market for another center, but time is ticking, and Rose would surely prefer to fill that gap sooner rather than later.

Despite the constraints, the front office deserves credit for squeezing maximum value out of a tight budget. They not only brought back Shamet but also retained Jose Alvarado—whose barrage of threes in Game 4 of the Finals sparked a historic 29-point comeback—and Jordan Clarkson, the former Sixth Man of the Year. Alvarado took time to adjust after his midseason trade, and a dip in playing time complicated his transition. But with a more defined role, he could have a stronger sophomore campaign in New York. Shamet showed his explosive potential with a 36-point performance against the Heat, proving he can ignite the second unit. The Knicks may not be as deep as last season without Robinson, but the rotation still has balance. Between the starters and the bench, this team has the tools to compete every night and likely win over 50 games again. A three-seed or even the top spot in the East wouldn’t surprise anyone. More importantly, the championship core remains intact, and the firepower to repeat is there. Barring unforeseen setbacks, the Knicks have the talent to make another deep run—or at least come close.