LegendD wrote:StarksEwing1 wrote:LegendD wrote:fitzfarm wrote:Uptown wrote:GustavBahler wrote:Uptown wrote:NYKBocker wrote:Why take frank out? Need defense
Offense-Defense....I'm sure Frank will come back in for defensive purposes after the time out
Agree, csnt say Frsnk isnt getting meaningful minutes in the 4th.
Right...Fiz coaching a good game tonite
Yeah kudos to fiz very well coached .... keep it up!
DSJR and Mitch played great off the bench just the kind of game DSJR needed to build some confidence.
Frank was a beast on defense in crunch time and hit two big FTs....
Overall a solid team game.
Morris with the ICE
Oh yeah and KP SUCKS .... A S S HOle
No wonder no one wants to play here.. Fans at MSG with low IQ, front office without a vision of the future.... And not being able to keep rising superstars on the team... Everything is very sad here
Uh oh KP’s cheerleader is upset that we didn’t show enough respect to a guy who FORCED his way out. Honestly he got what was coming to him. By the way your boy ad usual was a ghost in crunch time. I guess he got tired again 😂
Of course he forced his way out, BECAUSE of huge disrespect from fuc... Steve Mills who didn't want to give max contract to him. SMH
honestly bro, read this. or reread this but this time pay attention . . .
any of this look even REMOTELY familiar to you??
Here’s why Kristaps Porzingis and others won’t sign their rookie extension today. It’s a good thing.
4 comments
Here’s why it makes sense for both sides to wait.
By Kristian Winfield@Krisplashed Oct 15, 2018, 12:13pm EDT
While Karl-Anthony Towns signed a five-year rookie scale contract extension that could pay him as much as $189 million, ESPN’s Ian Begley reports New York Knicks star Kristaps Porzingis will not sign his such extension before Monday’s 6 p.m. deadline. Instead, he will wait and become a restricted free agent next summer, where the Knicks can re-sign him or match another team’s offer sheet.
No, this is not a sign that Porzingis is disgruntled with the direction of the franchise. And no, it’s not an indication that New York wants to see how the 7-footer’s ACL recovers before committing boatloads of money to him.
It’s just a common salary cap trick that gives New York — and several other teams in similar positions — more flexibility heading into a pivotal 2019 NBA summer.
This is what the Knicks and Porzingis were supposed to do
Had Porzingis signed his rookie scale contract extension today, he would have been scheduled to make $27.25 million next summer and $158 million over five years. That amount would have been a haymaker to New York’s cap space to sign free agents and would have killed the Knicks’ odds at landing a max player in next year’s loaded class.
But by waiting until next summer, the Knicks save a chunk of cash they can use toward other free agents on the market.
Players coming off of the fourth year of their rookie contract who make less than the average NBA salary have a cap hold of 300 percent of the final year of their contract. A cap hold, in this instance, is an amount of money that counts against the team’s salary cap until it makes a decision on one of its free agents.
Porzingis will make $5.697 million in the 2018-19 season, so his cap hold will be three times that, or $17 million until he signs his extension next summer. He also will not lose any money by waiting until next summer to sign a contract: New York can and will still offer him his max contract of 25 percent of the projected $109 million salary cap,
There’s also the legalese behind it all. NBA collective bargaining agreement rules permit teams to exceed the salary cap in order to re-sign their own free agents. It’s the order of operations. The Knicks don’t actually have to sign to Porzingis’ max contract extension until they sign other players in free agency. It’s actually smarter to do it last.
Had they agreed to an extension today, Porzingis’ $27.25 million contract would have made it extremely difficult to fit another max contract onto the payroll. Instead, the Knicks have created an additional $10 million to sign free agents with. It gives New York enough room to sign a max player with 10-plus years of experience (yes, like Kevin Durant) to a contract with a first-year salary of $38 million while still retaining promising young players like Frank Ntilikina and Luke Kornet.
The Nets are expected to do the same
The only players who have signed rookie scale contract extensions this summer are Towns, Phoenix’s Devin Booker (five year, $158 million), and Miami’s Justise Winslow (three years, $39 million). Porzingis headlines a long list of players eligible to sign their own next summer.
Only one other team find themselves in the same unique position as New York. After the Pacers signed Myles Turner to a four-year, $80 million contract extension on Monday, the last remaining suspect is Brooklyn’s D’Angelo Russell, their purported point guard of the future who has to prove he’s ready to step into the big shoes.
Barring a wild series of events, both the Nets are expected to sign their young star to a long-term deal. A lot like New York and Kristaps Porzingis, Brooklyn is expected to wait until after they go after superstar free agents next summer to do it.
https://www.sbnation.com/nba/2018/10/15/17978566/kristaps-porzingis-rookie-scale-extension-knicks-nba-free-agency-2019-kevin-durant