Lin's third year for Rockets v. Knicks

[jaxwithanx]

Originally Posted by Pete the Cheat it's actually just simple math. if you are sensationalizing the numbers it just means you are too lazy to open excel. taking what you hear and read off of ESPN certainly doesn't help either. the answers are out there if you are willing to look. I wish more people would form their own opinions as opposed to taking the opinions of others as fact.

lol. wut?

The dude just gave his own opinion of how the money could potentially be viewed by other parties and you go on a rant about forming opinions?

And if you want to get all existential you should also realize all opinions realized by an individual or in some way or shape formed through experiencing and realizing others opinions. To what degree could be argued, but do you know how and where to draw that line.....when an opinion by an individual is predicated "too much" on someone else's?

[panamamyers]

Originally Posted by Pete the Cheat it's actually just simple math. if you are sensationalizing the numbers it just means you are too lazy to open excel. taking what you hear and read off of ESPN certainly doesn't help either. the answers are out there if you are willing to look. I wish more people would form their own opinions as opposed to taking the opinions of others as fact.

It is sensationalist to saythat all of that tax is going to lin. They will need to sign other guys as well. Could just as easily tack the luxury tax ongo anyones contract you want. lins contract is only costing them that much because they already have carmelo and amare and chandler. what if you count lins contract first. then its carmelos contract that is no longer 23 but is now 60 million.

[Rocket Guy]

I figure it has been posted but I cannot seem to find it anywhere, but why is it the rockets re allowed to spread his salary out to 8.3 mil over 3 years if the Knicks can't?

[DimeDropper]

Originally Posted by deshen Knicks management is so smart. lol, it is not Lin's contract that would contribute mainly to being $19 million above the luxury tax threshold. It is the other big contracts that they have. They are going to need changes on their roaster anyway. 5mil per for the first 2 years is pretty nice to have Lin. .

At $15 Lin will be more overpaid than the other high-dollar contracts they have.

[Glendelicious]

Originally Posted by Sooner423 There seems to be a lot of misunderstanding on this topic. I posted the below in the other threads, but it got kind of lost after a while. I'm thinking I should have made a thread now, but this topic fits it well. How Much Will Matching Lin Really Cost the Knicks? If They Match If the below referenced article is correct, the Knicks will be approximately 17 million over the LT with just 8 players in the 2014-2015 season. To fill out the remaining roster spots, we'll add a conservative 14 million (or 2 million per 7 players). The table below depicts the breakdown of the incremental luxury taxes paid by the Knicks in this scenario. That's ~$89,749,983 in LT alone! The LT will essentially double the salary commitment of their slightly above average team. They're looking at a total salary commitment of approximately $190 million! To use the parlance of this board, Isaiah would be rolling over in his grave. Of course, they can do things to mitigate this cost, but the amnesty option is no longer available for them, and moving some of that salary without taking any back may prove difficult. If They Match Lin AND Fields They could also do more to exacerbate this problem. For instance, they could match the Landry Fields offer. This brings the LT tax number into the stratosphere at ~$108,749,978.25 and a salary commitment of ~$209,749,978.30. In contrast, they could let Lin walk. The LT number is only ~$32,324,994.25. In effect, with reasonable inference, matching the Lin offer could cost them $72,324,988.75 in 2014-2015 alone. TL;DR - Morey really has Dolan's balls in a vise. References: http://www.cbafaq.com/salarycap.htm http://www.nypost.com/p/sports/knick...content=Knicks http://www.huffingtonpost.com/2012/0...n_1647348.html

You need to go one more step with the cbafaq. Check out this link for the "repeat offenders" rule. If a team is over the luxury tax three years in a row, they are subject to an even more painful tax. For every dollar amount teams normally have to pay, repeat offenders must pay an additional dollar. Thus the first $5 mil over the luxury tax threshold is taxed at $2.50 per dollar. Then $2.75, then $3.50...and after $4.75, it increases by $.50
each additional $5 million. There's no end, no cap. It just hurts more and more.

What's annoying is that since this thing with Howard started, and now Lin, I have my twitter feed up all the time (and I hate twitter) clicking on every update, reading every last damn article. (My work productivity has dropped off like 10% the last two weeks.) And ALL of the articles provide an inaccurate or (at best) incomplete version of the CBA tax implications. ALL of them. I only read this CBA stuff last night, because so many articles had conflicting information. But the reporters? Ugh. This is their profession. They should, you know, try. At least Feigen doesn't claim to know stuff he doesn't.

Anyway, I try to limit myself to one not-too-long ranting paragraph per day. Goodnight.

[Sooner423]

Originally Posted by Glendelicious You need to go one more step with the cbafaq. Check out this link for the "repeat offenders" rule. If a team is over the luxury tax three years in a row, they are subject to an even more painful tax. For every dollar amount teams normally have to pay, repeat offenders must pay an additional dollar. Thus the first $5 mil over the luxury tax threshold is taxed at $2.50 per dollar. Then $2.75, then $3.50...and after $4.75, it increases by $.50 each additional $5 million. There's no end, no cap. It just hurts more and more. What's annoying is that since this thing with Howard started, and now Lin, I have my twitter feed up all the time (and I hate twitter) clicking on every update, reading every last damn article. (My work productivity has dropped off like 10% the last two weeks.) And ALL of the articles provide an inaccurate or (at best) incomplete version of the CBA tax implications. ALL of them. I only read this CBA stuff last night, because so many articles had conflicting information. But the reporters? Ugh. This is their profession. They should, you know, try. At least Feigen doesn't claim to know stuff he doesn't. Anyway, I try to limit myself to one not-too-long ranting paragraph per day. Goodnight.

I did read it. I don't believe they'll qualify as repeat offenders because they weren't offenders last season. They will be repeaters in 2015-2016 though, based on my understanding.