Posted by TrueBlue:
Posted by BRIGGS:
They will have to make a decision on Lee this summer. Either they pay him 5-6 years at 10mm $ or some other team will *force* them to do so next year--it's pretty simple. It is possible to get nice compensation for him now--next year we could get nothing. If he goes for nothing--then you did set your franchise back---but I cant see the Knicks doing that. I would not play Russian roulette here either.
I would wait until his agent and Lee are absolutely dead set on getting an extension. I wouldn't try and lock him up now. My stance would be to wait until Lee becomes a RF. Extend him the QO so we have rights to match any offer he gets and let the market determine Lee's value. If his value is too high, that's when you explore S&T's options. Make sure we get a third team involved who's hopefully under the cap at the time, to have a chance to receive a large TE in a S&T.
They can offer Lee an extension this year or he becomes a RFA next year. Once he becomes a RFA other teams can sign him to an offer sheet where the NY Knicks can either match or not--It is possible to do S+T but you cannot bank on it--the best value is his present day value. To me there is only two options--see if you can offer Lee less--like a 6 years 42mm $ contract that is front-loaded--[right off that is working right into the cap space that they want to save although the cap number would be in the mid 6s not a bad number]---now Lee would have to accept less than an open market offer next year and he could be leaving substantial money on the table in the contract that really is the main contract in a player's career. If it were my client--I would ask the Knicks for 6 years 60$ and sit on that number--I wouldnt let my client keep 18 or more mm on the table UNLESS that is what he directed me to do. David Lee is a nice guy buy I doubt he leaves 20-30mm on the table just to play in NY.
The secondary problem is even if we keep lee and do get him signed to a more reasobale long term deal--lets say 6 years 45mm$--then you have Nate and possibly Crawford to deal with as well and if we can not get a deal with Zach done--the money doesnt work for cap space.
If Isiah Thomas did not trade for Zach randolph--this would be a non issue but that 18mm $ albatross and the fact that we owe Curry 10mm[not including the possibility Crawford does not opt out which is 10mm] --the logistics of creating cap space for Lebron James look bleak at best.
You can keep 1 of Lee Crawford and Nate with that Zach Contract if you want cap space in that year.
Now you can start trading 1 or 2 of these guys into the draft and rebuild the team with draftees that are tied in financially until 2012. There are serious $$$ decisions that will have to be made --obviously getting rid and that albatross would be the best case scenario--but I doubt that it will happen.