crzymdups wrote:holfresh wrote:crzymdups wrote:holfresh wrote:sidsanders wrote:holfresh wrote:crzymdups wrote:i'm sure Dolan will turn this stock around. after all, no one thought he could save his family store Nobody Beats the Wiz and that store is the number one store in home entertainment solutions.Dolan really is the best, huh guys?
Maybe u can explain this to me..I know u were pro Dolan matching Houston's offer...Why do u think it's ok to ask Dolan to take a cap hit in the third year upwards of 35/40 mil or whatever the number is..Why is it ok to expect Dolan to take that hit???
he has paid silly tax bills for much worse teams in the past. doesnt mean he should now, however if you thought the kid could have helped... also, the tax bill is speculative. potential roster moves could alter it, and its also possible he will be paying a tax bill anyway.
So as a fan it doesn't matter..He has paid it in the past, so he shouldn't stop now..40/50 mil in the third year not a problem because he would have to pay some tax already?..Or he could trade maybe Amare before that happens??
tell me this - as a fan, why do you care about the cap hit? i don't understand fans who worry about the money side. it's not your responsibility at all.
also, that question implies the lin decision was ever about money. i don't think it was. in this thread people are talking about the stock market implications of losing the kid. dolan will lose many times the amount he would have paid lin before the 3yr deal is out.
once again, dolan is an idiot who didn't make his own fortune. but it's nice of you to worry about his money for him. it's more consideration than he would show you.
Well stocks go up and down for many reasons and usually in sympathy of the general market direction and also people are taking profit given its at it's all time highs..But that said, I try to approach things from a realistic point of view to explain certain people's actions and thought process...So I ask myself who in their right mind would sign an unproven player in Lin when it could possibly cost them upwards of 50 mil in a single season??..I just wonder if some look at it from this point of view, that's all...
fair enough about being realistic.
though it bugs me that people act like lin is what will cost the team the luxury tax - if you trade amar'e in year 3 the team wouldn't pay the tax at all. that makes it a pretty loaded statement to say lin would cost $50M. the tax is on the whole roster, not just lin. is not signing lin the easiest way to avoid the tax? i guess so. shrugs.
Yes, not signing Lin is the easiest way to avoid the luxury tax. It's not a loaded statement at all to say that Lin cost fifty million dollars, unless you're going to explain how the Knicks will trade Amar'e in year three without taking in salary so they don't have to pay the tax. Lin's contract would push the team in the $2.50 per dollar tax and the $50 million is JUST Lin. It's Lin's 15 million dollar salary in year three plus the $2.50 in taxes on each dollar means that you're actually paying 37.5 million plus the base salary, so it's around 52 million or so. That's a pretty big chunk of change for any team, especially for an unproven player.
Yes, Jeremy Lin is a great story, but he's not a good enough player for everyone to be up in arms about this.
