The bulk of any cap savings is going to come from his buyout, the set off will depend on how much he signs for with another team and is a formula that is I think half the difference between the salary he signs for and the minimum. I would think that he is not willing to give up anything and that's the snag with Perry wanting him to give up perhaps $4.8M or 2 years of a minimum contract he might sign elsewhere. The Knicks can wait him out because we're on the hook for his entire salary this season whether we waive him today or 3 months from now. Only problem is he's eating up a roster spot but I do think it gets done before Oct. 17.
Noah Noah Noah .. what to do with Joakim Noah?
- Thread starter Kiyaman
- Start date
Reading that set off rule, that's definitely the snag. If we just straight waive Noah at his full contract and he signs elsewhere for the 10 yr vet min, the Knicks would get about $500K in cap space back or half the difference between the 10yr vet min of 2.4M and the 1yr vet min of 1.4M, big difference than if the Knicks buy him out with him giving back 2-5M.
At the end of last season .. It would have been best for Mills to sit down and talk an experience Noah into playing one full season with the Knicks new coach .. especially if Mills had his mind on signing coach Fizdale, plus drafting two Big-men out of the 2018 draft.
Noah's twitters has become very interesting to the majority of 2019 and 2020 NBA FA !!!
Recall Knick mismanagement signed head coach Derek Fisher to a 4 yr contract, then Fired him after a yr and half.
Plus sign Rubin Lopez to a 4 yr contract, then traded him after one season .. that's the reason Noah's agent asked for a four-year, $72 million contract.
After the Firing of Phil Jackson .. It was Mills #1 job to sign a GM that were capable of putting together an experience coaching-staff that could get certain players meshing on the same-page on the court. Certain players like Melo, Noah, Timmy, Lee, Lance, O'Quinn, and KP !!!
Didn't Happen!
O'Quinn has left the Knick to play for a winning team .. A healthy Noah's waiting for a buy-out that agrees with him to leave NY to go play for a winning team.
Knicks want him to give back more money and Noah is not having it.
The issue though is the players' union is probably not going to let the Knicks just keep him away from the team .. especially If he's not hurt and has done nothing wrong .. then the players' union is going to make an issue of it. Dont worry the player union should get this issue resolved soon.
The issue though is the players' union is probably not going to let the Knicks just keep him away from the team .. especially If he's not hurt and has done nothing wrong .. then the players' union is going to make an issue of it. Dont worry the player union should get this issue resolved soon.
Knicks to stretch/waive Noah and are left on the hook for the full 19 million left in the final year of Noah?s contract. Noah didn?t negotiate for a buyout because he knows no other team is ready to sign his broken down body. Knicks will take a cap hit of 6.4 million per season for the next 3 seasons.
One of the worst contracts of all-time. Noah was 31 when PJ signed him.
One of the worst contracts of all-time. Noah was 31 when PJ signed him.
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mafra
Legend
Awful move... but typical Knicks. Perry had 9 months to try and find somebody to take an expiring contract next year.... this was a move most GMs pull off in their sleep in July.
Every July we see expiring deals dumped for a pick or something.
So, now Knicks will be on the hook for 6.5 mil in 2019, 2020, 2021. Absolutely ridiculous.
We stink this year anyway... so what we play with one less roster spot!
What if nobody wants to come here next summer anyway? Then you eat it for 1 year and be done with him.
Now, it?s that much harder to get under cap enough for 2 max deals... 6.4 mil is a lot.
Again, why not wait and try to trade him in July? That might be worth our 2020 1st.... why did we rush this? Makes no sense.
Screw Noah. Maybe he begs for a buy out and lowers price to leave...
There was zero reasons to do this now.
I repeat, every July we see expiring bums dealt to bad teams, who absorb the contract for a future pick.
Now we eat up 6.5 mil of precious cap space for the next 3 seasons (after this year).
Awful!!!!
I get the feeling Perry won?t be able to trade Lee or Timmy either. Just terrible.
Every July we see expiring deals dumped for a pick or something.
So, now Knicks will be on the hook for 6.5 mil in 2019, 2020, 2021. Absolutely ridiculous.
We stink this year anyway... so what we play with one less roster spot!
What if nobody wants to come here next summer anyway? Then you eat it for 1 year and be done with him.
Now, it?s that much harder to get under cap enough for 2 max deals... 6.4 mil is a lot.
Again, why not wait and try to trade him in July? That might be worth our 2020 1st.... why did we rush this? Makes no sense.
Screw Noah. Maybe he begs for a buy out and lowers price to leave...
There was zero reasons to do this now.
I repeat, every July we see expiring bums dealt to bad teams, who absorb the contract for a future pick.
Now we eat up 6.5 mil of precious cap space for the next 3 seasons (after this year).
Awful!!!!
I get the feeling Perry won?t be able to trade Lee or Timmy either. Just terrible.
mafra
Legend
I just don?t get how a player can be under contract.... never show up... all of training camp... and still get his money. If he was told to stay away, shame on us.
This is a business and when you suck you don?t squander cap space unless somebody gives you draft picks to absorb a bad deal.
This is a business and when you suck you don?t squander cap space unless somebody gives you draft picks to absorb a bad deal.
I would think with this move the Knicks try to make an attempt at signing FAs next off season. If it gets the Knicks enough cap space to sign KD maybe it will be worth it but it's looking like an ill timed roster move with the probability that the Knicks stink and will be an unpopular destination again for FAs next year. Still I'm glad he's gone, Knicks fans won't have to look at the ugly jump shot and FT shooting of his anymore.
The 4 Big max free agents for next offseason are Durant, Kyrie, Butler, and Kawhi, right?
Kyrie - staying in Boston
Kawhi - going to do everything in his power to get to the Lakers
Durant - going to leave the best team in basketball?...I don?t know, maybe, but to come to NYC?...longest of long shots
Butler - will be 30-years-old at the start of the 2019 season, going to be traded mid season which can complicate things
Who else? Klay Thompson? His dad already said he is retiring as a Warrior. Al Horford? Staying a Celtic and not really worth a max deal this late in his career.
That leaves who? Kemba Walker? Ok, maybe that would kinda make sense, but just barely.
We even talk about trading Lee and THJ (which will likely cost us draft picks to do) to make room for 2 max contracts. Seriously though, who are we making all this cap space for in 2019? I don?t see one realistic target, let alone two.
Kyrie - staying in Boston
Kawhi - going to do everything in his power to get to the Lakers
Durant - going to leave the best team in basketball?...I don?t know, maybe, but to come to NYC?...longest of long shots
Butler - will be 30-years-old at the start of the 2019 season, going to be traded mid season which can complicate things
Who else? Klay Thompson? His dad already said he is retiring as a Warrior. Al Horford? Staying a Celtic and not really worth a max deal this late in his career.
That leaves who? Kemba Walker? Ok, maybe that would kinda make sense, but just barely.
We even talk about trading Lee and THJ (which will likely cost us draft picks to do) to make room for 2 max contracts. Seriously though, who are we making all this cap space for in 2019? I don?t see one realistic target, let alone two.
mafra
Legend
What if KD does pick Knicks? We wouldn?t be able to bring a sidekick, like Tobias Harris.
There was no reason to do this now, instead of next July. Who cares if we can?t roster Kornet or Hicks or Dotson bc Noah takes up space.
Most likely, had we called his bluff, Noah agrees to a buyout... like Deng with Lakers. If he would?ve waived 7 mil, that comes to 1.5 mil savings in cap space in 2020-2022.
A good GM finds a way to trade Noah after season, when Noah is an expiring contract. Just think, in 2022, in prime of our young core, there?s now 6.5 mil in dead cap space.
Why not just let the bum wither away and be done with him after next season? If we need the cap space to sign 1 max next summer.... then stretch him then.
Knicks are going to look foolish when no max guy signs here and we end up stuck with Noah on the books for another 4 seasons.
I just don?t get the rush to eat up cap space in 2020 and beyond.
There was no reason to do this now, instead of next July. Who cares if we can?t roster Kornet or Hicks or Dotson bc Noah takes up space.
Most likely, had we called his bluff, Noah agrees to a buyout... like Deng with Lakers. If he would?ve waived 7 mil, that comes to 1.5 mil savings in cap space in 2020-2022.
A good GM finds a way to trade Noah after season, when Noah is an expiring contract. Just think, in 2022, in prime of our young core, there?s now 6.5 mil in dead cap space.
Why not just let the bum wither away and be done with him after next season? If we need the cap space to sign 1 max next summer.... then stretch him then.
Knicks are going to look foolish when no max guy signs here and we end up stuck with Noah on the books for another 4 seasons.
I just don?t get the rush to eat up cap space in 2020 and beyond.
Aint NO super-star FA signing with the Knicks .. not in this life time !!!
The Knicks Mismanagement (Dolan/Mills) has been making consistent STUPID decision making moves when it comes to making the Knicks a winning team since the midseason of firing GM Grunfield in 1999.
In practically two decades NBA Star FA has made it clear to the Knicks and the NBA league they want no part of the Knick organization.
So many elite star players came to the Knicks by trade or signing like Noah, then for some odd reason the majority of them wanted out of the Knicks organization after a season or two.
The Knicks excessive small ball lineups throughout the past decade has made the Knicks a consistent lottery team each season .. It seems like each season the Knicks lineup gets smaller and smaller, and the Knicks getting out-rebounded every game season after season has a lot to do with the Knicks being a lottery team every season.
The Knicks would have a successful 2018-19 season if Joakim Noah were in training camp and part of the teams rotation throughout the season. Having Noah, Kanter, and rookie PF Mitchell Robinson in the game rotation would give the Knicks PG many option to create and design their own inside and outside plays.
The Knicks not letting Joakim Noah perform this season .. means the Knicks are TANKING the 2018-19 season .. having a young-core lineup and a rookie head coach !!!
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The Mismanagement Dolan Knicks ....
Knicks waive Noah with eye on '2019, sources say
Ian Begley
ESPN Staff Writer
The Knicks have Joakim Noah, Kadeem Allen and Jeff Coby, the team announces.
Joakim Noah, who had two years left on his deal, has been waived by the Knicks, who will spread out the $37.8M owed to the center over the next three years.
Bobby Marks
ESPN
Here are the financial implications on the Joakim Noah waiver/stretch for the Knicks: New York will incur an $18.5M cap hit in 2018-19 that will be reduced by $522,252 if the center signs a 1 year $2.4M (minimum exception) guaranteed contract with a new team. For the next 3 seasons (2019-20 to 2021-22), New York will be charged $6.4M on the $19.3M amount owed to Noah. If the Knicks do not give Kristaps Porzingis a max rookie extension by Oct.15, New York projects to have $31M in room next summer. The room will increase to $38M if Lance Thomas is waived. The forward has a $7.6M non-guaranteed contract. The room does not factor in their 2019 first-round pick or free agent hold of Enes Kanter. The projected max next year for a player with 7-9 years of service is $32.7M and 10+ years of service $38.15M.
Knicks waive Noah with eye on '2019, sources say
Ian Begley
ESPN Staff Writer
The Knicks have Joakim Noah, Kadeem Allen and Jeff Coby, the team announces.
Joakim Noah, who had two years left on his deal, has been waived by the Knicks, who will spread out the $37.8M owed to the center over the next three years.
Bobby Marks
ESPN
Here are the financial implications on the Joakim Noah waiver/stretch for the Knicks: New York will incur an $18.5M cap hit in 2018-19 that will be reduced by $522,252 if the center signs a 1 year $2.4M (minimum exception) guaranteed contract with a new team. For the next 3 seasons (2019-20 to 2021-22), New York will be charged $6.4M on the $19.3M amount owed to Noah. If the Knicks do not give Kristaps Porzingis a max rookie extension by Oct.15, New York projects to have $31M in room next summer. The room will increase to $38M if Lance Thomas is waived. The forward has a $7.6M non-guaranteed contract. The room does not factor in their 2019 first-round pick or free agent hold of Enes Kanter. The projected max next year for a player with 7-9 years of service is $32.7M and 10+ years of service $38.15M.
https://www.theringer.com/nba/2018/...-davis-deandre-ayton-luka-doncic-kevin-durant
Here we Go Again .... putting a million to one odds of a Top-3 player Durant signing with one of the leagues top losing team in the past two decade .. Knicks!!!
If Warriors win a championship or not this season .. Durant has better option staying a Warrior to make history 4-repeat
mafra
Legend
Unlike past pursuits, where NYK was desperate b/c the cupboard was bare if legitimate young talent... Knicks not in that position anymore.
KD went to GSW to get his titles. Now he wants to focus on his legacy. He could win 5 in Oakland and it wouldn?t mean as much as 1 in NY.
He has ties to NYK and words is starting to trickle out he?s as good as gone, bc he doesn?t like playing second fiddle...
We shall see. It?s not our focus. I?m cool with Tobias Harris, or whatever. My main focus is developing our kids and grabbing 1 more lottery stud.
KP, Knits, Knox and another lottery stud,
With Mitchell, Burke, Trier, Super Mario...
This has to be the foundation. If it is, then sprinkle in a max stud or 2 big signings and we are in a happy place.
KD went to GSW to get his titles. Now he wants to focus on his legacy. He could win 5 in Oakland and it wouldn?t mean as much as 1 in NY.
He has ties to NYK and words is starting to trickle out he?s as good as gone, bc he doesn?t like playing second fiddle...
We shall see. It?s not our focus. I?m cool with Tobias Harris, or whatever. My main focus is developing our kids and grabbing 1 more lottery stud.
KP, Knits, Knox and another lottery stud,
With Mitchell, Burke, Trier, Super Mario...
This has to be the foundation. If it is, then sprinkle in a max stud or 2 big signings and we are in a happy place.
Joakim Noah’s NBA vacation could be over.
The Knicks’ free-agent bust is in talks with the Grizzlies, the New York Times reports. The Knicks released Noah using the stretch provision last month after two seasons, one altercation with former head coach Jeff Hornacek, 53 games and a wasted $72 million.
https://nypost.com/2018/11/19/joakim-noah-is-on-the-verge-of-another-nba-chance/
Looks like Noah might be rebooting his career in Memphis
The Knicks’ free-agent bust is in talks with the Grizzlies, the New York Times reports. The Knicks released Noah using the stretch provision last month after two seasons, one altercation with former head coach Jeff Hornacek, 53 games and a wasted $72 million.
https://nypost.com/2018/11/19/joakim-noah-is-on-the-verge-of-another-nba-chance/
Looks like Noah might be rebooting his career in Memphis
The Grizz is off to a 10-5 record to start the season under a new head coach Bickerstaff .. now they gonna add Noah
His workouts have probably been good with the Griz. They could use a backup to Gasol, he's playing too many minutes and Noah would be good insurance. Griz have been a surprise team in the West playing an old school slow paced defensive game that Noah should fit.
mafra
Legend
Noah gives an interview and says he sucked in NY bc he partied all the time. If I were Dolan, I would vacate contract and not pay the man another cent. There has to be a personal conduct clause in the contract?
If I paid somebody 70 mil and they admit they just took my money and partied with their friends... well, I would make him come get his money thru the courts.
NYK could claim his constant partying contributing to a failing body, which prevented him for getting on the court and honoring his contract.
If I paid somebody 70 mil and they admit they just took my money and partied with their friends... well, I would make him come get his money thru the courts.
NYK could claim his constant partying contributing to a failing body, which prevented him for getting on the court and honoring his contract.