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Cap space preserved for Knicks

Originally Published: September 25, 2009
By Chris Sheridan | ESPN.com

GREENBURGH, N.Y. -- When it comes to the leaguewide race to clear salary cap space for the summer of 2010, Knicks president Donnie Walsh declared Friday: "We're No. 1."

As in, the Knicks will have more cap space next July than any other team.

Walsh is not usually prone to hyperbole, and the Miami Heat, New Jersey Nets and a few other teams, not to mention various capologists, might take exception to the accuracy of that statement, but it was close enough to the truth to offer a window ...

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