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Thread: We Can Still Use the MLE!!

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    Veteran LJ4ptplay's Avatar
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    Default We Can Still Use the MLE!!

    I posted this in another thread but thought I would make another one because it can be a substantial amount of money available to us this offseason.

    Ok, so here is how it works. For teams under the cap, the MLE counts as team salary and against the available salary cap. Teams under the cap typically renounce the exceptions (MLE, Bi-Annual) in order to preserve cap space.

    If our intention is to sign two max contracts, however, we must renounce the exceptions to preserve the cap space.

    But if our intention is to only sign 1 max contract player and fill out the roster we can choose to retain the MLE.

    It will count approx as a $5.8 mil cap hold. If we choose to retain Lee's Bird Rights it will count as a $10.5 mil cap hold. This totals $16.3 mil in cap holds. Add in the "phantom" player minimum salary cap holds to fill out the 12 player minimum roster (4 on the books + 3 2nd round draft picks = 7 players on the roster. 5 "phantom" roster cap holds at $488,000 = $2.4 mil).

    $16.3 + $2.4 = $18.7 in total cap holds.

    We will have $17.8 mil in team salary this July. If the cap comes in at $54 mil, that gives us $36.2 mil in cap space. Subtract the $18.7 in cap holds and we still have $17.5 mil in cap space.

    A max contract for $54 mil salary cap is $16.2 mil.


    What does all of this mean?

    We can sign a max contract player, resign Lee and go over the cap because we retained his Bird Rights and the use the MLE (and go over the cap) to get other players.


    Another important fact. If a team is under the cap, they can make trades and don't have to match salaries. That team can take on more salary than it is giving.

    So after a max is signed we will still be under the cap. We can then trade with another team and take on a large salary and go over the cap. Then Lee and the MLE can be signed.

    This affords us many options to fill out the roster around a max. What would you do?

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    Veteran jpz17's Avatar
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    yeah we have so many options. Next years team will be quite good

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    Hannibal Lecter TR1LL10N's Avatar
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    I would rather go over the cap after we get rid of Curry. It will have more bang for its buck at that point. If we go over next season just to lose Curry's contract and go back under by a few mil is a bit of a waste IMO. We need to get Lebron + either Lee or a max and then fill the squad with scrubs and wait for 2011. AT that point we go after a stud and go way over the cap.

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    Veteran LJ4ptplay's Avatar
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    Originally Posted by TR1LL10N
    I would rather go over the cap after we get rid of Curry. It will have more bang for its buck at that point. If we go over next season just to lose Curry's contract and go back under by a few mil is a bit of a waste IMO. We need to get Lebron + either Lee or a max and then fill the squad with scrubs and wait for 2011. AT that point we go after a stud and go way over the cap.
    Umm, it doesn't work that way. Or maybe I don't undertsand what you're saying. Please explain. If we let Curry's contract expire next year we will only have $11.2 mil in cap space.

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    Hannibal Lecter TR1LL10N's Avatar
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    Originally Posted by LJ4ptplay
    Umm, it doesn't work that way. Or maybe I don't undertsand what you're saying. Please explain. If we let Curry's contract expire next year we will only have $11.2 mil in cap space.
    Cant we sign and trade to go over the cap? Or trade Curry's expiring to go over? I am not very good with Cap rules..more of an authority on the actual game...

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    Veteran LJ4ptplay's Avatar
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    Originally Posted by TR1LL10N
    Cant we sign and trade to go over the cap? Or trade Curry's expiring to go over? I am not very good with Cap rules..more of an authority on the actual game...
    Yes, we can sign and trade our own players that have Bird Rights and go over the cap. Like Orlando signing Turkoglu and trading him to Toronto. Or we can sign and trade Lee and go over the cap, if we retain his Bird Rights. But why would we sign and trade Curry?

    Yes, we can trade Curry's expiring contract to go over the cap. But you stated that we should hold onto it and let it expire next year and use the cap space. After next year's trade deadline, we cannot trade Curry. His contract will just expire.

    Curry's greatest value will be between 2010 draft day and next year's trade deadline. Outside of that timeframe, he has zero value.

    Make sense?

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    Originally Posted by LJ4ptplay
    Curry's greatest value will be between 2010 draft day and next year's trade deadline. Outside of that timeframe, he has zero value.
    not exactly correct... if you are a stockholder in mickey d's, he has value yesterday, today and tommorrow....

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    OG GoKnIcKsDLEE42's Avatar
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    Originally Posted by LJ4ptplay
    Yes, we can sign and trade our own players that have Bird Rights and go over the cap. Like Orlando signing Turkoglu and trading him to Toronto. Or we can sign and trade Lee and go over the cap, if we retain his Bird Rights. But why would we sign and trade Curry?

    Yes, we can trade Curry's expiring contract to go over the cap. But you stated that we should hold onto it and let it expire next year and use the cap space. After next year's trade deadline, we cannot trade Curry. His contract will just expire.

    Curry's greatest value will be between 2010 draft day and next year's trade deadline. Outside of that timeframe, he has zero value.

    Make sense?
    So pretty much getting over the cap is an advantage because it brings along the advantage of enabling us to use MLE money? Still trying to sort all this cap stuff out.

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    OG GoKnIcKsDLEE42's Avatar
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    You have an unbelievable understanding of all this, good job.

    Donnie's checklist has to be this, in this order:
    -Sign Lebron/Wade/Bosh/etc. to a max. If they come out of the offseason without one of the mentioned players, the plan has failed.

    -Trade with Milwaukee for Michael Redd, Golden State for Monta Ellis, or if you can swing a deal with Portland for Aldridge then it's gotta be done. Maybe revisit the Rubio situation. Check with Memphis and see if Thabeet is available.

    -Sign Lee.

    - Use the MLE. If McGrady finishes strong and healthy, then you need to think about bringing him back; this is if he would settle for about $5-6 mil. Other options are Matt Barnes of Orlando, maybe TJ Ford, or even Ray Felton. Carl Landry would be a solid option.

    This would create an ideal lineup of:

    Ford/Felton/Sergio?
    McGrady/Ellis/Redd
    LeBron
    Gallinari/Barnes
    Lee
    Aldridge/Thabeet

    Bench:
    Ford/Felton/Sergio/Douglas?
    Landry
    Wilson Chandler
    Eddie House

    Italics=Knick via trade, most likely only one of them.

    I have a good feeling about this offseason. Donnie has succesfully carried out with his plan thus far, and I have no reason to think he will do anything but turn the Knicks into a championship-contender almost over night.
    Last edited by GoKnIcKsDLEE42; Feb 26, 2010 at 13:53.

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    Member WNY_Knickfan's Avatar
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    Originally Posted by GoKnIcKsDLEE42
    You have an unbelievable understanding of all this, good job.

    Donnie's checklist has to be this, in this order:
    -Sign Lebron/Wade/Bosh/etc. to a max. If they come out of the offseason without one of the mentioned players, the plan has failed.

    -Trade with Milwaukee for Michael Redd, Golden State for Monta Ellis, or if you can swing a deal with Portland for Aldridge then it's gotta be done. Maybe revisit the Rubio situation. Check with Memphis and see if Thabeet is available.

    -Sign Lee.

    - Use the MLE. If McGrady finishes strong and healthy, then you need to think about bringing him back; this is if he would settle for about $5-6 mil. Other options are Matt Barnes of Orlando, maybe TJ Ford, or even Ray Felton. Carl Landry would be a solid option.

    This would create an ideal lineup of:

    Ford/Felton/Sergio?
    McGrady/Ellis/Redd
    LeBron
    Gallinari/Barnes
    Lee
    Aldridge/Thabeet

    Bench:
    Ford/Felton/Sergio/Douglas?
    Landry
    Wilson Chandler
    Eddie House

    Italics=Knick via trade, most likely only one of them.

    I have a good feeling about this offseason. Donnie has succesfully carried out with his plan thus far, and I have no reason to think he will do anything but turn the Knicks into a championship-contender almost over night.

    LMAO I think Thabeet might be available, but do you want a D-leaguer taking up the cap space of a #2 overall? Also not at all willing to place any amount of confidence in Redd having any knees whatsoever, for his sake I hope so he's had real crappy luck, but I'm sick of basing out success chances on "hope so's" and "maybes" we only need to look at players we are confident can make a difference, not guys that maybe can develop to be good, or if for once in their life they can stay healthy will be good. That's been our last 10 years, no thanks

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    Evacuee Crazy⑧s's Avatar
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    what the **** is going on?

    It amazes me that threads of this caliber have a 10th of the amount of replies as threads like:

    Girl rips Jefferies

    what other teams do you like?

    Comparatively, this thread's a paramount topic.

    Is it that people still don't get it? Too confused?

    Perhaps LJ you should dedicate threads to a singular topic?

  12. #12
    Huge Member smokes's Avatar
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    Originally Posted by Crazy8s
    what the **** is going on?

    It amazes me that threads of this caliber have a 10th of the amount of replies as threads like:

    Girl rips Jefferies

    what other teams do you like?

    Comparatively, this thread's a paramount topic.

    Is it that people still don't get it? Too confused?

    Perhaps LJ you should dedicate threads to a singular topic?
    It's a good thread no doubt, but the premise of keeping the MLE hinges on us not getting two superstars and I think the majority of people want to get two superstars which kinda dulls interest in the thread.

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    Evacuee Crazy⑧s's Avatar
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    Well, now with the influx of "I'd prefer to beat Lebron" lemmings, it's obvious/nauseating that so many people here just follow suit on an anti 2010 idea without knowing or even attempting to understand the opportunities available to their favorite team.

    LJ has put in a lot of effort and every ****er on here doesn't have the time because they're smashing their bishops over KnicksChick or themselves or eachother or Gallo and D'Antoni.

    Either that or they just don't give a fook.

    Just saying...... It's ****ing lame.

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    Unhappy Good thread gone bad

    This started out as a decent "THREAD" to share members opinions on the Knicks salary-cap situation, how much money are the Knicks allowed to spend this offseason ($30M+ with an aditional $13M over the cap equals ???), plus your opinion of the $$$ values of each player in the FA market this offseason.

    Sharing your opinion on the individual FA worth:
    The $20M players (Max), $15M players, $10M players, and the $6M players (MLE).
    Such an easy thread to respond to....but WTF ......

    All these "Lebron James" responses added to this thread without (any numbers added to) how much it will actually cost the Knicks organization to pull-off such a courageous "Jesus Christ" miracle on 33rd st.

    Those members that are still holding-on to Donnie Walsh "King James" Dream Speech in 2008.
    Destroyed the topic of this thread that represented Max-FA, MLE-FA, resigning FA, and trades without a matching salary, inwhich the Knicks organization are in position to obtain this offseason. anything other than those subjects:

    Am I the only one that recall the "HAVOC" Kobe Bryant put the NBA league in when media printed he wanted to be traded from the Lakers?
    Every Owner, President, G.M. and Coach was offering to trade their "Mama" for Kobe Bryant.
    Or am I the only one that watched the 2004-5 Cleveland Cavs improve their roster every season since with "on & off" ledgit players to surround around King James?
    Or am I the only one that watched the "Missmanagement" and poor a*** coaching from the Knicks organization for the last nine (9) seasons straight to become the NBA top losing "Soap-Opera" in proffessional sports?
    Am I supose to believe "Lebron James" is going to leave a strong supporting cast of people that starts with the Owner on down the line to the ball-boy to create two NBA best winning records in a row.....to sign with the Knicks???

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    Cool Lets start this over, so we could check it on a later date. October

    It's very simple.
    How many players do we have on our Roster now?
    with 22 games left in the season.
    Here are the names of 10 Knick-players
    that are 2010 FA

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    UNRESTRICTED
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    We have five (5) players with contracts
    through the 2010-11 season:

    PG-Douglas
    SG-Walker
    SF-Chandler
    SF-Gallo
    C-Curry

    We have to add 7 or more players to our roster
    before the 2010-11 regular season begin with the
    $30M+ to reach the annual salary-cap, plus we are
    allowed to add $13M over the cap (or rather two max MLE players).

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