It was ruled that the Knicks will have Bird rights on both Jeremy Lin and Steve Novak, which means they are allowed to go over the salary cap to keep both players.
Where this affects the Suns is now they can spend money on some other free agent, rather than being forced to use all their cash just to keep their own free agents.
One guy whose name is certain to be linked with the Knicks is Steve Nash, though MSG Network's Knicks studio analyst Alan Hahn says he doesn't see the point guard heading to the Big Apple.
"I don't believe he will be," Hahn told Arizona Sports 620's Burns and Gambo Friday. "I think his best bet is to stay right where he is in Phoenix.
"I think that franchise desperately needs him, and they're going to have to spend to keep him of course."
Which is why, Hahn said, if Nash leaves Phoenix the team to watch for is the one the player left eight years ago.
"If he does leave Phoenix, I look at Dallas as a destination point for him," he said.
Hahn, as it turns out, does not put much stock into recent stories where Nash has expressed interest in joining the Knicks, saying it would not be the first time a player has used the team as leverage for a better deal elsewhere.
But until Nash signs on the dotted line -- with the Suns or anyone else -- there will be a chance he chooses to play with former pick-and-roll partner Amare Stoudemire in New York.
"In a perfect world, you put Steve Nash on this team this Knicks team is very dfficult to beat, in my opinion," Hahn said. "It does look good on paper, but I'm also looking at the other paper, which is the dollar bills.
"I just don't know if Steve Nash gives that much of a discount to play in New York unless he really, really wants a ring and wants to knock off the champion, which is Miami."