ronoranina
Fundamentally Sound
Why are our expiring contracts of no value to NO?
Can we kill 2 birds w/ one stone?
- Thread starter JazRedGT
- Start date
Why are our expiring contracts of no value to NO?
+1
Also, LJ4ptPlay is working under the current CBA rules, which is pretty much moot. Personally, I believe the next CBA will be more restrictive on NY's cap space, more favorable to teams keeping their stars, and just generally less conducive to NY's attempts to create a Big 3 in NY.
I won't rule it out the possibility of getting CP3, because Donnie Walsh has proven to be a magician in NY. But I agree that any foreseeable scenario that would land CP3 in NY is farfetched, and building a solid team with depth around Amare & Melo is a smarter route.
The only incentives right now are that the current team can offer 6 years and slightly more money (other teams are limited to 5 years and I think a bit less money per year).
They're looking to increase the gap in incentives favoring the player's current team a lot more in the next CBA.
MusketeerX
Rotation player
We don't need another superstar. Let's stop getting greedy. The Bulls pounced on the Heat last night with Derrek Rose and a bunch of guys that play DEFENSE.
Lets get some good hybrid players, a real center, and an actual head coach that knows both facets of the game...
CP3 is amazing, but we need a team before we need a player.
Lets get some good hybrid players, a real center, and an actual head coach that knows both facets of the game...
CP3 is amazing, but we need a team before we need a player.
LJ4ptplay
Starter
If NO is losing CP3 in 2012, how is a contract that ends in 2012 have value to them? For example, Denver was losing Melo, Curry's expiring contract was of no value to them because they were losing Melo and his salary anyway. Curry's contract was just used to make the salaries match without Denver having to take on any more salary. In fact, we had to give Minnesota Anthony Randolph so they would absorb Curry's salary.
Expiring contracts can be very valuable assets. But only to teams that have a player with a large/long contract that they do not wish to keep any longer. As pointed out previously in this thread, Emeka Okafur's contract is possibly something NO would want to get rid of if they decide to go into full rebuild mode and have cap space for the following summer.
The problem is that all of our players under contract, including the expiring contracts, do not add up to both CP3's and Okafur's salaries. They need to match in order to complete the trade. This is including trading everybody on our roster except Melo and Amare.
Even if the salaries matched by somehow signing a vet to a full MLE deal that only lasted 1 year (I seriously doubt any decent player would go for this), league rules would not allow us to trade so many players and only receive 2 players in return, leaving us with a 4 man roster in mid-season (CP3, Melo, Amare and Okafur...with nobody else).
AmareForPresident
Starter
Wow you guys just made me lose faith in us ever winning a championship.
Thanks LJ :boohoo:
Thanks LJ :boohoo:
ronoranina
Fundamentally Sound
You've painted a very bleak picture here LJ.
BUT, i think you've started to effectively sway me to the side of adding needed pieces.
I'll make a final judgment after there's an agreement between the players and owners.
Why is so many people still on keeping the cap low for a dream?
CP3/or D.Howard?
We have to start paying LUXURY to stay competitive in the EC?
is it because we dont have any future draft picks?
or is it b/c the Knicks dont have one decent developing-coach
on its coaching-staff? so fresh future players are not needed.
For the Knicks to beat Bulls or Heat in a playoff series our cap will
have to be above $65M by 2012 playoffs.
For Heat to become a 3-repeat championship dynasty their cap will
be above $75M.
This is why I wasnt thrilled by Donnie Walsh so-call "2010-Plan"....
it wasnt going to work under Wash foolish guidance (Riley yes).
Walsh didnt have that intelligence in Indiana Pacers, plus wisdom
dont grow over night.
If Walsh wouldve pulled off getting two-max players signed, plus
resigning David Lee in the 2010 offseason, then I wouldve been all
wrong about Walsh vision of genius to make the Knicks into top contenders.
Resigning valuable hard work ethic players like Lee, Chandler, Gallo,
while having two max players on the roster wouldve gave us decent
bargaining chips to trade or ST
LJ4ptplay
Starter
Sorry dude. Pray for the MLE to still exist with the new CBA. I've pinned all my hopes on that one chance for us to win a championship. If it goes away, we are screwed.
LJ4ptplay
Starter
This is the proper stance to take. Kudos to you.
TR1LL10N
Hannibal Lecter
I'll take a 75 mil hard cap please!
LJ4ptplay
Starter
That would work. As long as it is $75 mil. I've heard much lower estimates as well. Hard to believe as New York sports fans that we would be rooting for a hard cap.
And I'm not sold that it wouldn't hurt us in the long run. We'll see.
LJ4ptplay
Starter
No. Restructuring deals can not be done in the NBA (under current CBA rules). Not until they become restricted free agents.
TR1LL10N
Hannibal Lecter
Thanks. :barf::boohoo::barf:
AmareForPresident
Starter
So we can't change Amare's contract? Won't the new CBA allow teams to take off huge contracts like Gilbert Arenas? It has happened before. If that happens can't we kick Amare off the team and resign him for a cheaper contract?
LJ4ptplay
Starter
Jim Dolan is for a soft cap, like the current CBA. No surprise there, being in the biggest market in the world and selling out every night regardless of how crappy the team is. The owners in smaller markets are the ones that want a small hard cap. Hard to tell what will happen, particularly when the majority of franchises are losing money.
I could see many scenarios coming to fruition, even the possibility of the new CBA being very similar to the current CBA but with less binding contracts and the ability to release players that do not perform (e.g. Eddy Curry) and players able to leave when they want or renegotiate their contracts but with much greater incentives for the players to stay with their current teams.
We'll see. Should be another eventful offseason.
Crazy⑧s
Evacuee
That's right!
The NBA?s initial proposal for a new collective-bargaining deal called for a $45 million per team hard salary cap along with non-guaranteed player contracts and significant cuts in annual salary increases.
The details, spelled out in an April 26 memo issued by National Basketball Players Association Executive Director Billy Hunter, marks the league?s push for a major overhaul of the NBA?s economic model and emphasizes to players an aggressive bid to significantly slash costs and shorten contracts.
The memo was sent to all NBA players and was dated just days prior to the league delivering to the union a new labor proposal, which a source said still included the $45 million hard cap but added a phase-in of the cap over a few years. Union president Derek Fisher publicly dismissed the latest proposal as too similar to the original proposal.
The memo?s most eye-popping element is the league?s proposed $45 million hard cap, which cuts the current $58 million soft cap by nearly 25 percent.
Read more: http://basketball.realgm.com/wiretap/213726/Report_Owners_Initially_Asked_For_$45_Million_Hard_Cap#ixzz1MZ8LEHpF