They set the record for the best start in the first 24 games of a season at 23–1 before the Golden State Warriors surpassed it in 2015.
After defeating the Bullets in the Eastern Division semifinals and the Milwaukee Bucks in the Eastern Division finals, the Knicks defeated the Los Angeles Lakers in seven games to capture their first NBA title.
Their journey was chronicled in various books and films, most recently in When the Garden was Eden for ESPN's 30 for 30 series.
The jerseys of Walt Frazier (#10), Willis Reed (#19), Dave DeBusschere (#22), Bill Bradley (#24), and Dick Barnett (#12) all hang from the rafters at Madison Square Garden.
Reed walking on to the court was voted the greatest moment in Madison Square Garden history.