Good news, everyone! [Only registered and activated users can see links. ], the NBA has dropped its appeal of arbitrator Kenneth Dam’s ruling that waived players (cough….LinandNovak….cough) retain their Bird Rights when they are claimed off waivers. Marc Berman quotes a league source as expecting the matter to be settled by Sunday, which would mean that Lin and Novak would enter into free agency on time and with their Bird Rights in tact. I have no idea what the settlement will entail. I’m certain there are remaining unsettled issues that the NBPA will happily negotiate away to ensure their victory won’t be overturned and avoid the appellate quagmire that would cast an enormous penumbra of doubt on the beginning of free agency. But ultimately, none of that matters at all because the bottom line is that the Knicks will be able to re-sign Novak, Lin, and probably Landry Fields without having to use their Mid-Level Exception. This will be the first time in about a decade that the Knicks will be able to return a somewhat promising team almost entirely in tact. The continuity is staggering for a fanbase that has grown accustomed to more churn than the Amish. Maybe it’s because I’m a cap-nerd lawyer, but this is literally the most unmitigated good news in recent memory for me as a Knicks fan. Even the Stoudemire signing (huge, uninsurable contract), Melo trade (gave up a LOT of assets), and Chandler acquisition (used the amnesty provision on Billups’ expiring deal) came with gigantic costs and caveats. This is just pure, unadulterated, uncut goodness. Enjoy it.
[Only registered and activated users can see links. ]