What happened: The New York Knicks have won the 2026 NBA Championship, defeating the San Antonio Spurs 4-1 in the Finals. The clinching 94-90 victory in Game 5 ends a 53-year championship drought for the franchise.

Why it matters: The victory restores the Knicks to the summit of the NBA for the first time since the Red Holzman era. The championship validates the team's multi-year rebuilding strategy and establishes New York as the new standard in the league.

What to watch: The city will host a championship parade for the team through the Canyon of Heroes later this week.