mrKnickShot wrote:Bippity10 wrote:Forget about how you feel about Lin. We are a team that is insisting that we are going for broke and competing for a championship. To do so we will need to add a strong supporting cast around Amare, Carmelo and Tyson. We don't have a lot of picks, we have no cap space and little chance to improve this team without tearing apart the core (yet again). And what are we doing? Why would a team in that position let an asset walk out the door and get nothing in return? Awesome
Everything has a price Bip.
What price do you consider too much? 50 million over 3 years? Your price and their price could be a bit different.
Financial Analysts seem to strongly feel that it was a mistake for Dolan to match and that it would show great discipline and restraint if he did not.
Me as a fan that does not care about his or MSG's money was really hoping that they match.
Jesus are you clowns dense or something. For the final time it's NOT ABOUT THE LUXURY TAX! Read this and get a clue.
One point the Knicks have made is they don’t want to take a tax hit of $43 million or so in the last year of Lin’s deal. But the CBA contains a stretch provision clause that allows a team to waive a player with an odorous contract and spread the remaining years out over twice the number of years, plus one.
So say the Knicks waive Lin after he completes two years of the 3-year, $25.1 million deal with $14.9 in that third year. They could stretch the third year payment over three years (one year, times two, plus one) and the salary would only cost $5 million against the Knicks cap. The luxury tax would them also be in line.
And if after two years the Knicks determine Lin is worth every penny, they could keep him and perhaps use the provision on a different player. Lin’s contract, of course, would stay the same.