| Date | Player | Pos. | Description |
| 5/01 | J.R. Smith | GF | Reinstated from Suspension |
| 4/27 | J.R. Smith | GF | League Suspension, One game for elbowing Jason Terry |
| 4/17 | Earl Barron | FC | Signed for the Rest of the Season |
| 4/17 | Rasheed Wallace | FC | Retired |
| 4/16 | Quentin Richardson | GF | Signed for the Rest of the Season |
| Complete Knicks Transactions | |||
| Date | Player | Pos. | Description |
| 5/23 | Carmelo Anthony | SF | Questionable for start of training camp |
| Full injuries report | |||
| Two Week Schedule | Buy Knicks Tickets |
| MAY /JUNE | ||||||
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 | 1 |
| Complete Schedule | ||||||
| Atlantic Division | ||||||
| Team | W | L | Pct | GB | Home | Road |
| y-New York | 54 | 28 | 0.659 | - | 31 - 10 | 23 - 18 |
| x-Brooklyn | 49 | 33 | 0.598 | 5 | 26 - 15 | 23 - 18 |
| x-Boston | 41 | 40 | 0.506 | 12½ | 27 - 13 | 14 - 27 |
| o-Philadelphia | 34 | 48 | 0.415 | 20 | 23 - 18 | 11 - 30 |
| o-Toronto | 34 | 48 | 0.415 | 20 | 21 - 20 | 13 - 28 |
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