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Thread: NYK v Bulls - Trade For T Mac - Luxury Tax NYK's Leaning Post

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    Evacuee Crazy⑧s's Avatar
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    Default NYK v Bulls - Trade For T Mac - Luxury Tax NYK's Leaning Post

    Chris Sheridan: Marc Stein has a [Only registered and activated users can see links. ] with more on the Knicks-Rockets-Bulls trade situation, to which we'll add this nugget: If Chicago is willing to deal the expiring contracts of [Only registered and activated users can see links. ], [Only registered and activated users can see links. ] and [Only registered and activated users can see links. ] for [Only registered and activated users can see links. ] and [Only registered and activated users can see links. ], it would shave $2.75 million off the Rockets' payroll and move them just barely below the luxury-tax line. Here is how that deal [Only registered and activated users can see links. ]

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    Chris Sheridan:The [Only registered and activated users can see links. ] and [Only registered and activated users can see links. ] are "making progress" in their [Only registered and activated users can see links. ] trade discussions, according to a source close to the talks, and Knicks president Donnie Walsh is expected to speak with owner Jim Dolan on Wednesday to discuss the parameters of the deals that have been discussed and how best to proceed.



    Several sources say the main holdup to this point has been the Rockets' insistence on asking for at least one future No. 1 pick as the price for taking on [Only registered and activated users can see links. ], who is owed $6.9 million next season.



    Dolan has always been amenable to throwing $3 million cash into the kitty to make a deal go through, but a decade of sacrificing first-round draft picks has left him hesitant to sign off on letting another one go (The Knicks owe their own 2010 pick to Utah).



    The Rockets are believed to be seeking the Knicks' 2012 first-round pick, along with the option to swap first-round picks in 2011, and there are unresolved issues regarding lottery protection on the draft picks.
    But the bottom line for New York is that trading Jeffries opens up nearly $7 million in additional cap space for this summer, giving the Knicks the flexibility to not only make a max offer to [Only registered and activated users can see links. ] but also choose between retaining All-Star [Only registered and activated users can see links. ] or trying to use Lee in a sign-and-trade for [Only registered and activated users can see links. ].
    If the teams swap [Only registered and activated users can see links. ], the Rockets would drop almost $2 million below the luxury-tax threshold and would be eligible for a $4-million-plus tax redistribution payment.
    If [Only registered and activated users can see links. ], the financial savings for Houston would be about the same. As things stand now, the Rockets are $2.7

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    Evacuee Crazy⑧s's Avatar
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    If the teams swap [Only registered and activated users can see links. ], the Rockets would drop almost $2 million below the luxury-tax threshold and would be eligible for a $4-million-plus tax redistribution payment.
    That plus tax redistribution payment could see us over the edge in the race against the Bulls.

    When it comes to Jefferies and Tyrus Thomas' 2011 contracts:

    Jefferies - $6.9m

    Thomas $6.25m

    The differnce being, $675,000.

    Regardless, the Rockets will stay under the cap in either trade but could save up to $5m if they go with Donnie's offer.

    So in these specific trade scenarios Houston saves more money by trading with the Knicks.

    They also get a heralded defensive player and a young big.

    Chicago offers the shot blocking Thomas and a decent 5 in Miller who can be resigned next year in the case that Yao may not return or is injured yet again.

    It's neck and neck with necks on the line.

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    Evacuee Crazy⑧s's Avatar
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    I forgot to mention the picks that'd be thrown in.

    All the more reason to make the Nate trade if picks are so ****ing hard to come by.

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    I think it will boil down to Tyrus Thomas versus the future with Jordan Hill and those picks. TT is the best player in this trade but there is no guarantee they can keep him beyond 2011, I think there is more upside for the Rox with the Knicks deal. If there is a question, then maybe the LT money becomes a factor in a coin toss. I like our chances.

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    Evacuee Crazy⑧s's Avatar
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    I like them too.

    Optimism is an odd sensation as an NYK fan.

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    Originally Posted by Crazy8s
    That plus tax redistribution payment could see us over the edge in the race against the Bulls.

    When it comes to Jefferies and Tyrus Thomas' 2011 contracts:

    Jefferies - $6.9m

    Thomas $6.25m

    The differnce being, $675,000.

    Regardless, the Rockets will stay under the cap in either trade but could save up to $5m if they go with Donnie's offer.

    So in these specific trade scenarios Houston saves more money by trading with the Knicks.

    They also get a heralded defensive player and a young big.

    Chicago offers the shot blocking Thomas and a decent 5 in Miller who can be resigned next year in the case that Yao may not return or is injured yet again.

    It's neck and neck with necks on the line.
    our picks and jordan hill are more valuable than Thomas and Miller....the knicks are a bad team so teh rockets see those picks as lottery players....the rockets should trade with the knicks....they are getting more for the future.

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    Apparently the Bulls have fallen out of contention.

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