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CrushAlot
Posts: 59764 Alba Posts: 0 Joined: 7/25/2003 Member: #452 USA |
![]() earthmansurfer wrote:This is just not accurate. These claims of Lin producing revenue for the Knicks totally ignore the new cba as well as claims that the fines amd restrictions for being a repeat offender over the cap won't hurt an owner or a franchise. Starting in 13-14 teams have to contribute 50% of their revenue into a revenue sharing pool. The Knicks already sell out every game, have their own network and sell a ton of gear. The amounts thrown around that Lin's contract would end up costing when the Knicks had to pay were ridiculous. I don't know what the Knicks projected cap was for that third year but it was where the penalties get extremely harsh.KnicksFE wrote:earthmansurfer wrote:holfresh wrote:Here is why and don't use me as a barometer...When I got to college and my handle wasn't "good enough", I knew I was done as a ball player...Because of all the ball you play and handling the ball is elementary and mastered at a very young age...Lin is in the Pros, nothing he does off court will simulate the amount of on court time he handles the ball...He is what he is as far as handle and ball control... Beginning with the 2013-14 season, tax rates for incremental spending above the tax level will increase as follows: $0-5 million over tax level - $1.50 for $1; $5-10 million over tax level - $1.75 for $1; $10-15 million over tax level - $2.50 for $1; $15-20 million over tax level - $3.25 for $1. http://www.nba.com/2011/news/12/08/labor-deal-reached/index.html The contract had a poison pill in it for a reason. It was so cost heavy and cap restrictive that it was almost impossible to match. Also, despite a good preseason game and a relatively good first game as a Rocket, Lin is still somewhat unproven. If he didn't work out the Knicks would be hard pressed to trade him with his third year. Some suggested using the 'Stretch' provision to have him develop for two years and then go to another team for nothing while minimizing the annual cap hit by spreading his contract out. The Knicks were put in a really tough spot. It wasn't $5.00 to billionaire. It was about a new cba that made the Lin decision extremely difficult because of the cost and restrictions placed on the team with the knew cba. One other question for posters that keep saying the Knicks let Lin go for nothing. What were they going to get for him? I don't think any team other than the Rockets pay Lin what he was offered and the Knicks would not be allowed to trade Lin to the Rockets. I'm tired,I'm tired, I'm so tired right now......Kristaps Porzingis 1/3/18
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KnicksFE
Posts: 20634 Alba Posts: 0 Joined: 5/13/2011 Member: #3561 |
![]() CrushAlot wrote:earthmansurfer wrote:This is just not accurate. These claims of Lin producing revenue for the Knicks totally ignore the new cba as well as claims that the fines amd restrictions for being a repeat offender over the cap won't hurt an owner or a franchise. Starting in 13-14 teams have to contribute 50% of their revenue into a revenue sharing pool. The Knicks already sell out every game, have their own network and sell a ton of gear. The amounts thrown around that Lin's contract would end up costing when the Knicks had to pay were ridiculous. I don't know what the Knicks projected cap was for that third year but it was where the penalties get extremely harsh.KnicksFE wrote:earthmansurfer wrote:holfresh wrote:Here is why and don't use me as a barometer...When I got to college and my handle wasn't "good enough", I knew I was done as a ball player...Because of all the ball you play and handling the ball is elementary and mastered at a very young age...Lin is in the Pros, nothing he does off court will simulate the amount of on court time he handles the ball...He is what he is as far as handle and ball control... See this is where many have it wrong; the Knicks will pay the penalty for every dollar they are over the cap (Lin or no Lin) this include any player they resigned/signed this past season. How much the Knicks are actually paying for a Kidd, Felton, Camby and Novak when you include the tax hit? Or are the Knicks going to get exempted from this? I don’t think so. I really would like to know how much Jason Kidd is going to cost them (including tax) when he is 42, three years from now or any of the other players they just acquired, that have a three year contract. |
CrushAlot
Posts: 59764 Alba Posts: 0 Joined: 7/25/2003 Member: #452 USA |
![]() KnicksFE wrote:CrushAlot wrote:earthmansurfer wrote:This is just not accurate. These claims of Lin producing revenue for the Knicks totally ignore the new cba as well as claims that the fines amd restrictions for being a repeat offender over the cap won't hurt an owner or a franchise. Starting in 13-14 teams have to contribute 50% of their revenue into a revenue sharing pool. The Knicks already sell out every game, have their own network and sell a ton of gear. The amounts thrown around that Lin's contract would end up costing when the Knicks had to pay were ridiculous. I don't know what the Knicks projected cap was for that third year but it was where the penalties get extremely harsh.KnicksFE wrote:earthmansurfer wrote:holfresh wrote:Here is why and don't use me as a barometer...When I got to college and my handle wasn't "good enough", I knew I was done as a ball player...Because of all the ball you play and handling the ball is elementary and mastered at a very young age...Lin is in the Pros, nothing he does off court will simulate the amount of on court time he handles the ball...He is what he is as far as handle and ball control... Camby's deal is a team option. The Knicks are committed to 10 million for the three players they signed in year three not 15 mil for one. Also, you have to hope that those three guys are better than the league minimum guys you would get if you resigned Lin. In addition for the Knicks a contract that is 3 or 4 mil and expiring could be moved with the 3 million in cash that they are allowed to spend annually. It isn't a stretch to turn that 10 mil into 6 mil. I don't know all of the details but I believe Lin's contract in his 3rd year pushed the Knicks up to that $3.50 per dollar over the cap amount. It is 3.50 per dollar after a certain number i.e. 75 mil, but that was why the contract was written the way it was. The Knicks will still pay a luxury tax but it will be significantly less. I'm tired,I'm tired, I'm so tired right now......Kristaps Porzingis 1/3/18
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3G4G
Posts: 23485 Alba Posts: 0 Joined: 9/3/2012 Member: #4333 |
![]() CrushAlot wrote:3G4G wrote:If the Knicks signed him it was 15 mil in year three. Not sure how that changes for a team that signs and trades for him so the Knicks can get value after the knicks match the contract. I am not saying it doesn't but I would need it explained. I haven't seen anything about a contract once in place changing because another team is under the cap. Nothing to let go either. His hit was 15 mil for the KNicks in year three. Its why year three was called the poison pill.CrushAlot wrote:3G4G wrote:If the Knicks matched that offer who trades for him other than the Rockets? The Knicks aren't allowed to trade him to the Rockets because of the new cba. Who takes on a deal with a third year for 15 mil when the cap becomes so punitive and restrictive in that year?holfresh wrote:3G4G wrote:holfresh wrote:3G4G wrote:holfresh wrote:earthmansurfer wrote:Lin stated many times he wanted to be here - those comments. No offer was made, that is the proof of no good will gesture. If I am the owner I am going all out to let this Kid know we want him back. I'm on TV, I'm attending games and I am talking with him. That never happened. Dude it was going to be a Tax Hit for us no doubt because of where our overall team salary but in terms of trade value to teams and our cap hit, average salary per year is how it's calculated....
$5mil(salary added to our team salary dollar for dollar)
$8.3mil(our cap hit value and his trade value figure to whatever team he's traded to.... his trade value for us is $5mil in this year)
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