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Knicks’ offseason a giant flop

Boston Celtics v Golden State Warriors

OAKLAND, CA - MARCH 5: Kyrie Irving #11 of the Boston Celtics and Kevin Durant #35 of the Golden State Warriors looks on during the game on March 5, 2019 at ORACLE Arena in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2019 NBAE (Photo by Garrett Ellwood/NBAE via Getty Images)

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NBC Sports’ Dan Feldman is grading every team’s offseason based on where the team stands now relative to its position entering the offseason. A ‘C’ means a team is in similar standing, with notches up or down from there.

In the midst of agreeing to sign Julius Randle, Bobby Portis, Taj Gibson, Wayne Ellington, Elfrid Payton and Reggie Bullock, the Knicks released a statement.

“While we understand that some Knicks fans could be disappointed with tonight’s news, we continue to be upbeat and confident in our plans to rebuild the Knicks to compete for championships in the future, through both the draft and targeted free agents,” Knicks president Steve Mills said.

This is as close as we’ll ever get to a team apologizing for its transactions in real time.

What an embarrassment.

Knicks owner James Dolan went on TV in March and strongly suggested top free agents would sign with the Knicks this summer. Everyone inferred Kevin Durant and Kyrie Irving.

Instead, Durant and Irving signed with the crosstown Nets without even meeting with the Knicks. The Knicks pathetically put out word they didn’t offer Durant the max due to his injury (as if they would’ve balked had he actually wanted to come) and cancelled a meeting with Kawhi Leonard, who was never coming.

All New York’s planning – stretching Joakim Noah, trading Kristaps Porzingis to clear salary, hyping itself – went to waste on mediocre free agents.

At least the Knicks remain flexible. It’s just tough to see how they turn that flexibility into winning.

Dolan said no incumbent players will become the centerpiece. New York is already acknowledging how disappointing the newly signed free agents look.

That leaves a lot of pressure on No. 3 pick R.J. Barrett, himself a disapointment.

Despite an 86% chance of not getting the No. 1 pick, Knicks fans treated Zion Williamson as a near-inevitability. He was viewed as the rightful reward for a miserable 17-65 season.

This was the wrong lottery to slip. There’s a huge drop in prospect quality from Williamson to Ja Morant to Barrett. Barrett profiles as a leading player, and maybe he’ll be good enough to fill that role on a good team. But this draft was always going to leave the third-picking team with unreliable options.

Randle (three years, $56.7 million with $4 million of $19.8 million guaranteed in year three) was the big addition in free agency. He’ll put up numbers. He’s also only 24 and has shown improvement throughout his career. Maybe he’ll develop defensively and better contribute to winning. Still, it’ll take major modifications to their games for Randle and Barrett to flourish together long-term.

Not that this team represents much of whatever the Knicks are building toward.

Portis ($15 million), Gibson ($9 million), Ellington ($8 million), Payton ($8 million) and Bullock ($4 million) look like stopgaps. After those starting salaries, each has a barely/unguaranteed second season. They all look like trade chips, though most must exceed expectations on the court to hold more than neutral value. Ellington looks like the best deal.

Really, the short contract I like most is Marcus Morris’ (one year, $15 million). New York signed him after Bullock failed his physical and agreed to a smaller contract. I don’t know why the Knicks prioritized so many other players over Morris, who committed to the Spurs before Bullock’s spine injury gave New York more cap space.

The Knicks could really use a young player like Porzingis now. He’d provide plenty of optimism amid their listless present.

Still, New York can still come out ahead in the Porzingis trade. He was an injury-prone player on the verge of getting a max contract. The Knicks got a couple extra first-rounders.

But clearing Tim Hardaway Jr.'s an Courtney Lee’s burdensome contracts was a key part of the trade. That aspect has now gone for naught.

New York is heading toward another lost season. A weak free agent class follows. It’ll take a while for the Knicks to build back up.

This summer – which the Knicks began with the best lottery position, massive cap space and a premier market – was a huge missed opportunity. Even getting past the New York noise and the misplaced expectations this franchise incites, that burns.

Offseason grade: D