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Knicks-Brown Dispute Resolved
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nyvector16
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10/30/2006  11:28 PM
http://realgm.com/src_wiretap_archives/43008/20061030/knicks_brown_dispute_resolved/
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nyvector16
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10/30/2006  11:30 PM
David Stern
"At my request, the New York Knicks and Larry Brown have agreed to a compromise resolution of the dispute between them. Neither the Club nor Larry have any future obligation to each other and have assured me, in response to my direction and request, that there will be no further public discussion of the matter. In addition, I have assured the parties that this resolution will have no precedential value in any future disputes before me.”

Hope this doesn't mean the whole thing is private to some confidentiality agreement...
nyk4ever
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10/30/2006  11:30 PM
Glad to see everyone has FINALLY moved on.
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
4949
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10/30/2006  11:34 PM
Posted by nyvector16:

David Stern
"At my request, the New York Knicks and Larry Brown have agreed to a compromise resolution of the dispute between them. Neither the Club nor Larry have any future obligation to each other and have assured me, in response to my direction and request, that there will be no further public discussion of the matter. In addition, I have assured the parties that this resolution will have no precedential value in any future disputes before me.”

Hope this doesn't mean the whole thing is private to some confidentiality agreement...

Looks like Brown is getting most of the money. If he wasn't, it wouldn't be so private. What a bunch of b.s. keeping it from us.
I'll never trust this' team again.
holfresh
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10/30/2006  11:35 PM

Glad to see Larry didn't get the entire wad of cash...He certainly doesn't deserve it...
Allanfan20
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10/30/2006  11:40 PM
Neither do any of the players on the Knicks.
“Whenever I’m about to do something, I think ‘Would an idiot do that?’ and if they would, I do NOT do that thing.”- Dwight Schrute
TheGame
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10/30/2006  11:41 PM
I don't think the Knicks would settle unless they were getting a substantial discount.
Trust the Process
nyk4ever
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10/30/2006  11:44 PM
Posted by TheGame:

I don't think the Knicks would settle unless they were getting a substantial discount.

Problem is, I don't think the Knicks had a leg to stand on in this dispute. How many times in the NBA or any pro sport see a contract breached because of talking to the media? David Stern and the NBA weren't about to set a precedent with this, as evident by the line "At my request, the New York Knicks and Larry Brown have agreed to a compromise resolution of the dispute between them."

Larry got most if not all of his contract.
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
islesfan
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10/30/2006  11:50 PM
I think LB got the present day value of the $40M that the Knicks still owed him.

So the Knicks would have to write a check for less than $40M and they can say it was a compromise and save face.
If it didn’t work in Phoenix with Nash and Stoutamire... it’s just not a winning formula. It’s an entertaining formula, but not a winning one. - Derek Harper talking about D'Antoni's System
djsunyc
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10/30/2006  11:53 PM
looks like dolan just spent $56 mil today - $40 for lb, $16 for jalen.

isiah, the man is a visionary.
Rich
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10/30/2006  11:53 PM
Posted by islesfan:

I think LB got the present day value of the $40M that the Knicks still owed him.

So the Knicks would have to write a check for less than $40M and they can say it was a compromise and save face.

Of course you do.
4949
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10/30/2006  11:55 PM
Posted by nyk4ever:
Posted by TheGame:

I don't think the Knicks would settle unless they were getting a substantial discount.

Problem is, I don't think the Knicks had a leg to stand on in this dispute. How many times in the NBA or any pro sport see a contract breached because of talking to the media? David Stern and the NBA weren't about to set a precedent with this, as evident by the line "At my request, the New York Knicks and Larry Brown have agreed to a compromise resolution of the dispute between them."

Larry got most if not all of his contract.

Yup!!! Good for Larry for showing Dol what a fool he is. That right there is worth the price.
I'll never trust this' team again.
Rich
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10/30/2006  11:57 PM
This thread is becoming a Rorschach Test.
nyk4ever
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10/30/2006  11:58 PM
Posted by Rich:

This thread is becoming a Rorschach Test.

Don't be playing psychological tricks on us now Rich.
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
islesfan
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10/31/2006  12:00 AM
Posted by Rich:
Posted by islesfan:

I think LB got the present day value of the $40M that the Knicks still owed him.

So the Knicks would have to write a check for less than $40M and they can say it was a compromise and save face.

Of course you do.


And what do you think the outcome was? What I suggested was more than plausible since David Stern is never going to set a precedent of having a team not pay a contract of someone that they fired.

That's just logical. Now go ahead and tell us your "I hate LB and he deserved nothing" slanted view of what happened.
If it didn’t work in Phoenix with Nash and Stoutamire... it’s just not a winning formula. It’s an entertaining formula, but not a winning one. - Derek Harper talking about D'Antoni's System
crzymdups
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10/31/2006  12:00 AM
Posted by Rich:

This thread is becoming a Rorschach Test.

bingo.

My take is that Larry was forced to give back every penny the Knicks ever paid him. With interest.
¿ △ ?
4949
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10/31/2006  12:02 AM
Posted by crzymdups:
Posted by Rich:

This thread is becoming a Rorschach Test.

bingo.

My take is that Larry was forced to give back every penny the Knicks ever paid him. With interest.

Then why is it a private matter. I think Brown gets most of the money, but the Knicks get to pay in small amounts over a number of years. I sure would hate to be an insurance company, putting a bid in for the Knicks, a high, high risk team. I wouldn't be able to push my premium high enough to make any profit.
I'll never trust this' team again.
crzymdups
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10/31/2006  12:10 AM
Posted by djsunyc:

looks like dolan just spent $56 mil today - $40 for lb, $16 for jalen.

isiah, the man is a visionary.

larry asked for jalen, remember? then didn't use him? part of why he was fired.
¿ △ ?
rvhoss
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10/31/2006  12:10 AM
what he said.
Posted by Rich:

This thread is becoming a Rorschach Test.

all kool aid all the time.
crzymdups
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10/31/2006  12:10 AM
Posted by 4949:
Posted by crzymdups:
Posted by Rich:

This thread is becoming a Rorschach Test.

bingo.

My take is that Larry was forced to give back every penny the Knicks ever paid him. With interest.

Then why is it a private matter. I think Brown gets most of the money, but the Knicks get to pay in small amounts over a number of years. I sure would hate to be an insurance company, putting a bid in for the Knicks, a high, high risk team. I wouldn't be able to push my premium high enough to make any profit.

it's a private matter because they don't want to set a precedent either way. don't worry I'm sure someone like vecsey will get the scoop.
¿ △ ?
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