Posted by TMS:
Posted by TheGame:
Posted by TrueBlue:
Posted by babyKnicks:
I think trading expiring deals is a done art form.
Hey, isn't that the best GM in the league buying out an expiring contract?
Funny how different rules apply to different people.
Jerry was more than likely doing Eddy a favor for being such a team oriented guy. Their history goes back to the Laker days.
I agree. This move is clearly intended to allow Jones to go to a contender and compete for a championship. Memphis had no plans to add salary, so the only thing they were going to do with Jones was to let his contract expire. You do a buyout now and save a few dollars and reward Jones for his hardwork by letting him go somewhere else.
pretty much the same situation here, no? Dolan had no intentions of adding any more salary, so guys like Jalen & Mo T were bought out... i don't buy that stuff about letting Jones go play for a contender... this is a bottomline business... he had no future there & they decided it would be better to save a few bucks & use the empty roster spot to take a look at some young talent... the difference there is that the Knicks don't have any minutes to allot to D-league players at this point, so the buyout was done strictly to save a few bucks off the luxury tax & void any means of adding any more salary in future trades.
i'm interested to see what they do w/Chucky Atkins since he's making a reasonable salary & his contract is expiring... they could probably get a good young role player to add to the roster that way if they combined his contract w/a 2nd round draft pick, but then again, they may be able to accomplish the same thing next year if they just let him expire & keep the pick.
Well, they bought him out for $300k less than what they owed him, which is nearly identical to what the pro rata minimum salary is that Jones will be paid once he goes to Miami, so Jones will not lose a dime. Since they did not try and get anything more from him, it suggests to me that the move was made in part to free Jones from the situation as a reward for his past contributions to the team. Obviously, it was also made to save a few bucks for the franchise and free up a roster spot, which I agree was probably the primary concern.
The difference between what Memphis did and the Knicks is that Memphis has no delusions that they are a playoff team (at least now they don't), so buying people out makes more sense. We still are trying to make the playoffs and are supposedly not in full rebuild mode. We probably could have added a nice player (maybe even Gasol) if we had kept one of our expiring deals. So some people give IT grief for that move. I personally was just glad that he created playing time for guys like Lee, Frye, and Balkman.