November 10th 1971: The New York Knicks acquire Earl Monroe from the Baltimore Bullets for Mike Riordan, Dave Stallworth, & cash
The Earl Monroe trade will forever be remembered as one of the greatest trades in Knicks history. Leading up to the moment, Monroe requested a trade from the team and preferred to be sent to one of the Lakers, Bulls, or 76ers. While away from the team, Monroe received a call from his agent stating that there was a deal with the Knicks.
Initially, Monroe was hesitant on joining the Knicks because of the rivalry between both teams. However, after a couple of days, Monroe relented and accepted the trade.
The trade immediately paired Monroe with Walt “Clyde” Frazier and presented the NBA with a backcourt tandem that could not be reckoned with. Along with the backcourt, the core of Willis Reed, Bill Bradley, Dave DeBusschere and Phil Jackson helped lead the Knicks to consecutive NBA Finals berths and won the championship in 1973.
Monroe finished his NBA career with the Knicks (made 2 All Star teams) and later had his number retired in 1986. He was enshrined into the NBA Hall of Fame in 1970.