Matt Ehalt of the New York Daily News reports:

“It’s urgent that they sign somebody,” Walt Frazier said of the Knicks. “They made sacrifices for a couple years waiting for this moment. I’m sure pretty confident they are going to sign somebody.”

When assessing free agency, Frazier said he thinks the Knicks have a 50-50 chance of signing the free agents. Frazier says LeBron James is the “panacea” and he believes that some of the other free agents available are just pieces and the Knicks would need a couple of players of that caliber to reach a championship level. Other free agents include Dwyane Wade, Chris Bosh, Joe Johnson and Amare Stoudemire.

While titles and banners haven’t been the Knicks forterecently, Frazier says he believes that winning a championship in New York is an unmatched experience.