The term 'Knick or Laker' is a reference to two professional basketball teams in the National Basketball Association (NBA). The New York Knicks and the Los Angeles Lakers are two of the most successful and popular teams in the league. The crossword solution for this term is 'Cager, ' which is a slang term for a basketball player. It is derived from the word 'CAGE, ' which is used to describe the court on which the game is played.