fishmike wrote:

Andrew wrote:

kam77 wrote:

Andrew wrote:

umynot wrote:Curry could mean huge savings for some team.......

Half his salary is paid plus in any deal we could send up to 3 million so taking
Curry for equal salary contracts can save a team multi millions...

I'm doubting that the pre paid salary would get passed onto the team that traded for Curry. This seems like a clear method that could be used to circumvent the trade restrictions that are in place.

He aint getting paid twice. So the other team is only on the hook for the remaining payments.

I know he will not be paid twice, but who is to say that Curry will not have to repay the money to the Knicks? In essence the Knicks loaned him some money. Can you not see that the league would probably step in and prevent this from happening because teams could now include a bunch of money (circumventing the 3M max rule)in a trade to another by prepaying a players contract?

what will happen is the NBA will force the other team to pay the Knicks for Curry's salary. There is no way they let that happen. Its a direct attempt to bypass cap rules. There is a reason $3mm is the most money you can include in a trade. Eddy's current paychecks will have ZERO bearing on his value in the trade market. Only a team looking to dump salary in 2011-12 would trade for Curry.

This was went over in the Carmelo thread. The Knicks were contractually obligated to pay Eddy half his contract in July/August, whichever month it was. There is no issue with this it falls in line with the CBA. It wasn't a loan it was a contractual obligation.

The way I see it his money would count against the cap, but the team would have to only pay the remaining money on his contract.

$12 mil against the cap. As of now he is owed $6 mil. Basically a team over the cap would save 25% of a normal situation. They still have to pay the tax just not the entire cap number.

earthmansurfer wrote:

joec32033 wrote:

fishmike wrote:

Andrew wrote:

kam77 wrote:

Andrew wrote:

umynot wrote:Curry could mean huge savings for some team.......

Half his salary is paid plus in any deal we could send up to 3 million so taking
Curry for equal salary contracts can save a team multi millions...

I'm doubting that the pre paid salary would get passed onto the team that traded for Curry. This seems like a clear method that could be used to circumvent the trade restrictions that are in place.

He aint getting paid twice. So the other team is only on the hook for the remaining payments.

I know he will not be paid twice, but who is to say that Curry will not have to repay the money to the Knicks? In essence the Knicks loaned him some money. Can you not see that the league would probably step in and prevent this from happening because teams could now include a bunch of money (circumventing the 3M max rule)in a trade to another by prepaying a players contract?

what will happen is the NBA will force the other team to pay the Knicks for Curry's salary. There is no way they let that happen. Its a direct attempt to bypass cap rules. There is a reason $3mm is the most money you can include in a trade. Eddy's current paychecks will have ZERO bearing on his value in the trade market. Only a team looking to dump salary in 2011-12 would trade for Curry.

This was went over in the Carmelo thread. The Knicks were contractually obligated to pay Eddy half his contract in July/August, whichever month it was. There is no issue with this it falls in line with the CBA. It wasn't a loan it was a contractual obligation.

The way I see it his money would count against the cap, but the team would have to only pay the remaining money on his contract.

$12 mil against the cap. As of now he is owed $6 mil. Basically a team over the cap would save 25% of a normal situation. They still have to pay the tax just not the entire cap number.

I was following that thread but was unaware it ended as you said. That is really interesting and it would seem that teams needing cash would gladly give up talent and or a draft pick to get Curry (and save money). This is amazing!

The Curry thing is straight forward because it is contractual. The discussion veered into non-contractual loans and teams basically paying guys off to make them more attractive.

Bottom line is that Curry getting paid half his salary in his last year 4 months before the season starts was written in his contract.