What happened: Jose Alvarado and the New York Knicks captured the 2026 NBA Championship with a 94-90 victory over the San Antonio Spurs in Game 5 on Saturday night. The win secured a 4-1 series victory and brought the title back to New York for the first time since 1973.

Why it matters: The victory ends a half-century wait for the franchise and fulfills the dream of the Brooklyn-born Alvarado. Alvarado also makes history as just the third Puerto Rican player in NBA history to win a championship.

What to watch: The Knicks will celebrate their historic title with a championship parade through the streets of Manhattan. The team enters the offseason looking to sustain its position at the top of the NBA.