Posted by Rich:
Posted by jaydh:
Posted by Rich:
Posted by jaydh:
Posted by Rich:
Now is the time to let Penny's, J. Rose's, Taylor's, Houston's, and Anderson's contract expire.
dont forget JYD's contract
If all that happened, would the Knicks be under the cap? If not, how far away would they be?
Currently next years payroll is $110mil(thats with letting penny expire). The contracts of Houston, Rose, Taylor, Anderson, and JYD are just a hair over $61mil. So, simple math, assuming they all just expire, we will be at $49mil. Now, that also doesnt include Ariza, Woods, or Butler being signed to extensions. This is why i hope we can use our #1s from denver and SA to unload JJ, Qrich, and Malik for expiring deals. Unloading 2 of the 3 will definately have us under the cap in 07/08. There is light at the end of the tunnel!
So salary cap wise, the Knicks are at a crossroads. They have a realistic chance of getting under the cap for the first time in almost a decade.
When is LeBron a FA?
the hoopsype figure does not include picking up the team option on the rooks nor does ot include what Curry will be making that season since a good portion of the first 3 yeras are incentive based. We know his base salary will be somewhere around 10-11 mill with the 12% increases but he can earn more [or nothing at all] based on the language of the contract.
As long as Marbury is on the books, NY will not be under the cap until after the 2009 season, considering Isiah lets all contracts just run their course...which he likely won't let happen.
[Edited by - McK1 on 02-04-2006 09:26 AM]
the stop underrating David Lee movement
1. FIRE MIKE 2. HIRE MULLIN 3. PAY AVERY 4. FREE NATE!!!