The team nickname was derived from Knickerbockers, a
term that traces back to the Dutch settlers to what is now New York in the
1600s, which refers to the style of pants the settlers wore, that rolled up
just below the knee. The franchise, according Forbes magazine, is the most valuable
basketball franchise in the United
States valued at approximately $608 million.
It is the first team to have a non-Caucasian player on their roster when Wataru
Misaka of Japan
joined the team in 1947. It also has the first African-American player to be
given a contract in 1950 through Nat Clifton. Their logo is a
three-dimensional Knicks script written in orange with a blue outline with an
orange basketball on a silver triangle with a blue outline. The teams’
alternate logo design is a circular emblem, with the letters NYK, designed to look
like a subway token. The team’s official colors are blue orange and black.
