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The New York Knicks May Be Screwed (Again)!!!

Discussion in 'NBA Dish' started by BimaThug, May 10, 2012.

  1. SamFisher

    SamFisher Member

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    ....except that jersey sale licensing revenues are split evenly among the teams. Not that it matters, the Knicks are certainly not losing money on Lin, that's not the point of the thread however.
     
  2. mr. 13 in 33

    mr. 13 in 33 Member

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  3. Carl Herrera

    Carl Herrera Member

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    I did a little calculation and found that the "hard cap" is not likely to be that huge of a deal. What prevents them from acquiring talent is the lack of salary cap exceptions.


    Specifically, if they sign Lin back using the non-Tax Payer MLE, they only have the $1.957 Bi-Annual exception, the minimum wage exception with which to sign outside FAs and the various Bird/Early-Bird/Non-Bird Exceptions to retain their own FAs.

    Other than Jeremy Lin, the Knicks' remaining contributing FAs are: Jeffries, Bibby, Davis, Fields, Walker, Novak, JR Smith (likely won't pick up $2.5 million player option). They also have Jordan and Harrellson on non-guaranteed contracts that are really cheap ($762K each).

    Of these, Baron Davis is likely out for next season. Steve Novak and JR Smith are unrestricted Non-Bird FAs and the Knicks likely can't pay them enough to keep them (Novak can be paid no more than $1.19 million, Smith no more than $3 million under the Non-Bird Exception). Walker (a Bird FA) is a non-rotation guy and will likely be gone or signed at minimum wage. Bibby is a Non-Bird FA and will likely re-sign a the minimum (or can be replaced by another minimum wage guy). They will likely bring back Harrellson and Jordaon at $762K each. I think the above are farily easy decisions.

    This leaves Fields and Jeffries. Each of them is an Early Bird FA and can make up to $5,225,000. I am not sure if either one of them is likely to command the full $5,225,000. Fields is probably the more valuable of the two. Even if they need the full $5,225,000 for him (some team might try to do a front-loaded contract), they still have enough room to either sign Jeffries to a reasonable deal (up to $1.8 million or so, or alternatively, replace him using the Bi-Annual Exception).

    In sum, the Knicks FA options are already limited by (a) the lack of salary cap exceptions, and (b) the lack of really good FAs on their own roster that are critical to retain.

    They'll probably get thinner next year, but it's not like they had much room to improve from where they are this year anyway. Even if the hard cap is not present, their only available tool for adding a new player would have been be the Bi-Annual Exception.

    Math illustrated below:


    <style type="text/css">
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    <table class="tableizer-table">
    <tr class="tableizer-firstrow"><th>Name</th><th>Notes</th><th>2012-13 Salary</th><th>Projection Notes</th><th>Projection</th></tr> <tr><td>Carmelo Anthony</td><td>&nbsp;</td><td>$20,463,024 </td><td>&nbsp;</td><td>$20,463,024 </td></tr> <tr><td>Amare Stoudemire</td><td>&nbsp;</td><td>$19,948,799 </td><td>&nbsp;</td><td>$19,948,799 </td></tr> <tr><td>Tyson Chandler</td><td>&nbsp;</td><td>$13,604,188 </td><td>&nbsp;</td><td>$13,604,188 </td></tr> <tr><td>Renaldo Balkman</td><td>Waived/Dead $</td><td>$1,675,000 </td><td>&nbsp;</td><td>$1,675,000 </td></tr> <tr><td>Iman Shumpert</td><td>&nbsp;</td><td>$1,633,440 </td><td>&nbsp;</td><td>$1,633,440 </td></tr> <tr><td>Toney Douglas</td><td>&nbsp;</td><td>$2,067,880 </td><td>&nbsp;</td><td>$2,067,880 </td></tr> <tr><td>JR Smith</td><td>Player Option/Non-Bird</td><td>[$2,500,000]</td><td>Likely Gone, up to $3,000,000</td><td>&nbsp;</td></tr> <tr><td>Bill Walker</td><td>UFA/Bird</td><td>&nbsp;</td><td>Likely Gone</td><td> </td></tr> <tr><td>Mike Bibby</td><td>Unrestricted FA/Non-Bird</td><td>&nbsp;</td><td> $854,389 [Up to $1,622,617] </td><td> $854,389 </td></tr> <tr><td>Baron Davis</td><td>UFA/Bird</td><td>&nbsp;</td><td>Likely Gone</td><td> </td></tr> <tr><td>Jared Jeffries</td><td>Unrestricted FA/Early Bird</td><td>&nbsp;</td><td>$854,389 [Up to $5,225,000]</td><td> $854,389 </td></tr> <tr><td>Steve Novak</td><td>UFA/Non-Bird</td><td>&nbsp;</td><td> Up to $1,191,216 Likely Gone </td><td> </td></tr> <tr><td>Landry Fields</td><td>Restricted FA- Early Baird</td><td> </td><td>Up to $5,225,000</td><td>$5,225,000 </td></tr> <tr><td>Jeremy Lin</td><td>Restricted FA Sign to Non-Tax Payer Mid-Level</td><td>$5,000,000 </td><td>&nbsp;</td><td> $5,000,000 </td></tr> <tr><td>Josh Harrellson</td><td>Non-guarateed-Waived</td><td>[$762,195]</td><td>Picked Up</td><td> $762,195 </td></tr> <tr><td>Jerome Jordan</td><td>Non-guarateed-Waived</td><td>[$762,195]</td><td>Picked Up</td><td> $762,195 </td></tr> <tr><td>Bi-Annual</td><td>&nbsp;</td><td>[$1,957,000]</td><td> </td><td> </td></tr> <tr><td>&nbsp;</td><td>Sum (without N/G)</td><td>$64,392,331 </td><td>&nbsp;</td><td>$72,850,499 </td></tr> <tr><td>&nbsp;</td><td># of Players </td><td>6 </td><td>&nbsp;</td><td>12 </td></tr> <tr><td>&nbsp;</td><td>Hard Cap</td><td> $74,307,000 </td><td>&nbsp;</td><td> $74,307,000 </td></tr> <tr><td>&nbsp;</td><td>Room ot Spend</td><td> $9,914,669 </td><td>&nbsp;</td><td> $1,456,501 </td></tr> <tr><td>&nbsp;</td><td># of Spots to Fill</td><td>7</td><td>&nbsp;</td><td>1 </td></tr></table>
     
  4. Easy

    Easy Boban Only Fan
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    I wouldn't say McGrady and Yao were quasi franchise players. I think they were real franchise players. We just didn't have enough good role players around them while they were still healthy.
     
  5. SamFisher

    SamFisher Member

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    McGrady was, Yao was but he was a bit different in that he limited what you are able to do on the court in the way that Carmelo's style constrains the Knicks (though in Yao's case it was physical, in Carmelo's it's his seeming inability to function outside Iso sets.)
     
  6. Classic

    Classic Member

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    They gotta trade Amare or Carmello.
     
  7. Nook

    Nook Member

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    Everything they do is for the short term. They have dealt draft picks for little return, and the players that they have drafted have usually not been well thought out or scouted.
     
  8. jim1961

    jim1961 Member

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    By all appearances, NY will be worse next year. While I expect them to retain their best players (core players, Melo, Stat, Lin, Fields, Chandler, Shumpert), losing guys like Novak and Jeffries will hurt their depth, which they dont have in abundance to start with.

    Considering they didnt come close to getting out of the first round this year, next years forecast, if I were a Knicks fan, look a bit bleak.
     
  9. jayhow92

    jayhow92 Member

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    Lol wtf? That's a terrible move and terrible reasoning. Amare is not a superstar anymore. Anyone with eyes can see that and his stats this season back it up. Damaged goods with a terrible contract.
     
  10. BimaThug

    BimaThug Resident Capologist
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    Good analysis, CH.

    I will point out, however, that the "team salary" calculation for determining whether New York is or is not over the hard cap may involve some different calculations than regular salary cap calculations. For instance, I think Harrellson and Jordan will count at the two-year veteran minimum ($854,389) for this purpose. This will leave the Knicks with only ~$1.27M to cover any additional players (i.e., the 13th roster spot) PLUS any additional contracts signed (even including 10-day contracts). I think (not 100% sure) that even the 13th man and 10-day guys will count as if they are two-year veterans at the same (higher) prorated salaries.

    The hard cap will also seriously hamper the Knicks' ability to make trades, since they will be able to take back very little more salary than they trade away. Given that the Knicks have few tradeable assets, their ability to take on other teams' salary (which was one of the few things the Knicks had going for them in the trade market) will be gone as well and will be further prevented from improving the roster via trade.
     
  11. Jet036

    Jet036 Member

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