Knicks get cap relief for Mobley. Knicks will save $9.5 mil in luxury tax. This won't have any major effect on the Rockets, since Cuttino expires this year anyway. http://twitter.com/AdamZagoria Donnie Walsh also said the NBA had given him cap relief on the retired Cuttino Mobley, who earns $9.5 million this year.
Rather than start a new thread... Man, some people in NY are going to be pissed if the Knicks don't clear out more cap space. Eventhough the Rockets were asking a lot, most Knicks fans on the forums seemed to think they had to go through with it. Also, picking up Jamison has over-joyed Lebron. Just another punch to the gut of the Knicks. Honestly, if the draft pick protection was pretty much barring the Rockets from getting a Knicks lottery pick until 2014, then it really didn't make any sense for us anyway.