Knickoftime wrote:

LivingLegend wrote:This is interesting but don't we lose that $3.4M once the new year begins on 7/1?

No, it resets to $3.5m.

Ok but the $3.5M reset is for the upcoming season right so we would in fact lose the $3.4M we had from last year that we could have used draft night. Is that accurate?

LivingLegend wrote:

Knickoftime wrote:

LivingLegend wrote:This is interesting but don't we lose that $3.4M once the new year begins on 7/1?

No, it resets to $3.5m.

Ok but the $3.5M reset is for the upcoming season right so we would in fact lose the $3.4M we had from last year that we could have used draft night. Is that accurate?

Some of it was used in the O'Quinn S&T. How much of it is anyone's guess, but it's documented cash was included in that deal.

But yes, you don't bank trade cash. It expires and resets.

Maybe some cash was available on draft night, unless the KNicks sent $3.4m to the Magic.

If what was left was enough to close a deal is a complete unknown.

i think, though ainge would never admit, everyone called his bluff on draft day and he didn't draft dunn or murray because that would have made a bad problem even worse, so they selected Brown and hope he becomes something. (my own sense, fwiw, is this was a reach; he seems like a good player but not super at anything [Jeff Green?])