Knicks Raise Championship Banner, Then Lose to 76ers

The New York Knicks raised their championship banner and distributed commemorative rings at Madison Square Garden before opening the 2026-27 NBA season with a 106-100 loss to the Philadelphia 76ers on October 20. The ceremony marked New York’s first championship in 53 years. Former Knicks players Walt Frazier, Bill Bradley, Dave DeBusschere and Earl Monroe handed out rings, while Gale Reed represented her late husband, Willis Reed, according to an account of the event. The players then began their title defense against Philadelphia. The 76ers took control after the Knicks’ offense faltered in the third quarter. New York made five of 21 shots in the period and surrendered its lead. The Knicks rallied in the fourth, with Karl-Anthony Towns hitting a three-pointer to bring the score within one, but Philadelphia held on. Tyrese Maxey led all scorers with 28 points. Jalen Brunson had 21 for New York, and Andre Drummond recorded 12 points and 14 rebounds in his Knicks debut. The loss followed a night that had begun with a celebration of the team’s championship run. The rings were designed by Jason of Beverly Hills in collaboration with Knicks leadership. They are made of white gold...