The Knicks were run infinitely worse under phil Jackson, who alienated the stars and then signed crappy old players to absurd contracts. If the rangers sign rick Nash to a 4 year 24 million dollar contract this offseason, then they’re run the same way as the Knicks. They’re starting to get a youth movement going which is good, but since the nba is already a superstar driven league, there’s only so much you can do. The rangers are so much smarter... they were close to competing for a playoff spot but instead sold all their aging pieces and now have a decent haul. That’s a yankees move, not a Knicks move.
I’m not as pessimistic as you are. Hockey is such a random sport that they could absolutely contend, especially if they make a run at a couple top targets. They could easily trade for Erik karlsson, and be right in the thick of it again. With Lundqvist only having a few more years, they might try and expedite this. Add the fact that the stupid loser point actually helps teams stay in contention, and they could easily sneak in.