The New York Knicks, also known as the New York Knickerbockers, are one of thirty basketball franchises that compete in the NBA, the United States' top professional league. The team is based in Manhattan and plays its home games at Madison Square Garden, which it shares with the NHL's New York Rangers. The Knicks are one of two New York basketball teams; the other is the Brooklyn Nets, who play in the same district. The Knicks, one of the NBA's oldest teams, have played in New York since their inception in 1946.In their 76-year history, they have reached the playoffs 43 times and the NBA Finals eight times: 1951, 1952, 1953, 1970, 1972, 1973, 1994, and 1999, winning in 1970 and 1973. The franchise's colors are orange and blue, the same as the city of New York, and the logo has always been a basketball.
The team, founded by Ned Irish in 1946, was a founding member of the Basketball Association of America, which merged with rival National Basketball League in 1949 to form the NBA. According to Forbes magazine, the New York Knicks are the third-largest sports club in the world and the first in the NBA, with a market value of approximately $ 4.6 billion.