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2010-2011 Salary Cap: $56.1 million
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Commodore is offline Old 04-16-2010, 02:09 PM   #1
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NEW YORK -- The New York Knicks and other teams hoarding salary-cap space got some good news Friday when they were told at the league's Board of Governors meeting that the projected 2010-11 salary cap will be $56.1 million.

That figure was $2 million to $3 million more than most teams had been expecting, and for the Knicks it ensures they have enough cap space this summer to sign two maximum-salary free agents.

"That's a lot of money. That's good," said Knicks president Donnie Walsh, who attended the meeting to learn the results of the Knicks' draft position through a tiebreaker.

Because of the worldwide economic downturn, the league had warned teams last July to expect the salary cap to be significantly lower -- perhaps as low as $51 million.

Other teams that will be positively affected by Friday's news include the Nets, Heat, Wizards, Bulls, Clippers and Timberwolves.
 
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trueroxfan is offline Old 04-16-2010, 02:12 PM   #2
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Quote:
Originally Posted by Commodore
teams need to stop paying these ridiculous salaries to scrubs anyways
 
Ziggy is offline Old 04-16-2010, 03:33 PM   #3
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Just enough to keep Chuck around?

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Carl Herrera is online now Old 04-16-2010, 03:38 PM   #4
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Had a feeling the league was low-balling for the purpose of negotiating the next CBA. Seems the economy is recovering well enough (overall and in the sports world), which by the way was what I remember a sports economist was predicting at Morey's MIT conference.

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Qball is offline Old 04-16-2010, 03:51 PM   #5
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So it went from 57.7 to 56.1 million. That's it? A meager 1.6 million dollar reduction?

Please tell me where to hide cause apparantly Mark Cuban stated that the sky was falling.
 
DallasThomas is offline Old 04-16-2010, 03:57 PM   #6
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What's this draft position tiebreaker stuff all about?

I mean, they were tied with the Clips, and it has to be regarding their second rounders - but what were the results?

Great journalism.

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RoxTurk is offline Old 04-16-2010, 04:46 PM   #7
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Lol this means Knicks gave up those 2 picks and Hill for nothing. I think they can sign 2 max with Jeffries in their roster if Cap will be 56million.
 
m_cable is offline Old 04-16-2010, 05:08 PM   #8
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Quote:
Originally Posted by RoxTurk
Lol this means Knicks gave up those 2 picks and Hill for nothing. I think they can sign 2 max with Jeffries in their roster if Cap will be 56million.
Err no. Jeffries makes 6 million next year. The projected cap was not 6 million less than actual. Because of cap holds and other salary cap issues, the Knicks probably have barely enough for two max contracts.

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worzel gummidge is offline Old 04-16-2010, 05:17 PM   #9
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Quote:
Originally Posted by Carl Herrera
Had a feeling the league was low-balling for the purpose of negotiating the next CBA. Seems the economy is recovering well enough (overall and in the sports world), which by the way was what I remember a sports economist was predicting at Morey's MIT conference.
http://www.nba.com/pistons/news/pist...es_100412.html
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April 12, 2010

The Detroit Pistons announced today that season ticket prices for the 2010-11 NBA season have been reduced between 10 and 50 percent in all price categories. Also, for the first time ever, the team will offer a lowest-price guarantee to its season ticket holders.

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Carl Herrera is online now Old 04-16-2010, 05:19 PM   #10
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Quote:
Originally Posted by worzel gummidge
Yeah, it's Detroit. Where homes are selling for something like $20K a piece.

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ItsMyFault is online now Old 04-16-2010, 05:24 PM   #11
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Not bad... I thought it would've been a little worse.

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ScriboErgoSum is offline Old 04-16-2010, 05:35 PM   #12
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Quote:
Originally Posted by DallasThomas
What's this draft position tiebreaker stuff all about?
Read this.

The draft works by drawing 4 ping pong balls numbered 1-14. There are 1001 combinations that can drawn. 1 of them (11-12-13-14) is discarded if it's picked. The other 1000 are distributed to the lottery teams. The worst team gets the most combinations, and the best (Rockets) get the least.

If 2 teams are tied, they get the average of their combinations. Say 2 teams tied for the sixth worst record. The 6th worst team gets 63 combinations, and the 7th gets 43. Since they tied, each team gets 53 (63+43=106; 106/2=53).

This year the Knicks and Clippers tied for 8th worst record. The 8th worst gets 28, and the 9th worst gets 17. 28+17=45. 45/2=22.5. Since you can't award half combinations, the teams flip for the extra combination. Since NY won, the Knicks have 23 picks and the Clippers have 22.
 
Tiger23 is offline Old 04-16-2010, 05:37 PM   #13
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doesnt matter either way for us Morey is gona make it happen regardless
 
DallasThomas is offline Old 04-16-2010, 07:42 PM   #14
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Quote:
Originally Posted by ScriboErgoSum
Read this.

The draft works by drawing 4 ping pong balls numbered 1-14. There are 1001 combinations that can drawn. 1 of them (11-12-13-14) is discarded if it's picked. The other 1000 are distributed to the lottery teams. The worst team gets the most combinations, and the best (Rockets) get the least.

If 2 teams are tied, they get the average of their combinations. Say 2 teams tied for the sixth worst record. The 6th worst team gets 63 combinations, and the 7th gets 43. Since they tied, each team gets 53 (63+43=106; 106/2=53).

This year the Knicks and Clippers tied for 8th worst record. The 8th worst gets 28, and the 9th worst gets 17. 28+17=45. 45/2=22.5. Since you can't award half combinations, the teams flip for the extra combination. Since NY won, the Knicks have 23 picks and the Clippers have 22.
Very interesting...Thank you!

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Vienna Calling is offline Old 04-17-2010, 06:23 AM   #15
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I got a question: Now that the salary cap is at $ 56.1M next year, it is even more likely that we resign Scola and Lowry, right?
 
TRAVLR is offline Old 04-17-2010, 11:58 AM   #16
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Quote:
Originally Posted by m_cable
Err no. Jeffries makes 6 million next year. The projected cap was not 6 million less than actual. Because of cap holds and other salary cap issues, the Knicks probably have barely enough for two max contracts.
Yes, they have barely enough NOW to sign two max players with the newly stated cap which is higher than anticipated, but JUST ENOUGH for the sake of the Knicks. Stern to the rescue!! Let's watch the Knicks get "lucky" in the lottery also. I think the commish would love to get away with rebuilding the Knicks from his office....or maybe I am just really cynical.
 
TRAVLR is offline Old 04-17-2010, 12:00 PM   #17
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Quote:
Originally Posted by Vienna Calling
I got a question: Now that the salary cap is at $ 56.1M next year, it is even more likely that we resign Scola and Lowry, right?
I sure hope so, as Morey has stated we will match no matter what (which makes no sense if someone throws crazy money at them), which is designed to signal everyone to forget about them.
 
acsorelle4 is offline Old 04-17-2010, 12:17 PM   #18
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Quote:
Originally Posted by TRAVLR
Yes, they have barely enough NOW to sign two max players with the newly stated cap which is higher than anticipated, but JUST ENOUGH for the sake of the Knicks. Stern to the rescue!! Let's watch the Knicks get "lucky" in the lottery also. I think the commish would love to get away with rebuilding the Knicks from his office....or maybe I am just really cynical.
How are there still people out there who don't know that the Knicks' pick belongs to the Jazz this year?
 
Ricksmith is offline Old 04-17-2010, 12:17 PM   #19
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Quote:
Originally Posted by TRAVLR
Let's watch the Knicks get "lucky" in the lottery also. I think the commish would love to get away with rebuilding the Knicks from his office....or maybe I am just really cynical.
Let's hope not, cause the utah jazz have the knicks' 1st rounder this year, not the knicks.
 

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