The New York Knicks traded the No. 31 and No. 55 picks to the Houston Rockets during the second round of the 2026 NBA Draft, receiving the No. 39 and No. 53 selections plus a 2029 Sacramento Kings second-round pick. The move continued a draft-long pattern of trading down and accumulating future assets. After several deals involving the Lakers, Mavericks and Suns, New York finished the draft with added flexibility, multiple second-round picks and additional financial relief as the franchise prepares for a crucial offseason following its NBA championship run.