What happened: The New York Knicks are NBA champions for the first time in over half a century after defeating the San Antonio Spurs 94-90 in Game 5. The victory clinches the series 4-1, sparking massive celebrations throughout New York City.

Why it matters: The win ends a 53-year championship drought dating back to 1973, cementing this roster's place in By overcoming a young Spurs squad led by Victor Wembanyama, the Knicks have completed a multi-year rebuild that culminated in a dominant postseason run.

What to watch: A championship parade is expected to be announced for lower Manhattan in the coming days. The focus shifts to the offseason as the team looks to maintain its championship core.