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yellowboy90
Posts: 33942 Alba Posts: 0 Joined: 4/23/2011 Member: #3538 |
![]() This was based on a $90m cap figure but their are reports that the cap will be in the $92-95$m range. Tweet was deleted or there was problem with the URL:So adjust accordingly if you want to. I just thought I would bump this to give people a refresher on what options the Knicks have or what could be if AA/D opt out and if the knicks wanted to even more space. For those with trade ideas don't forget to do the math of what the Knicks cap would be after the proposed trade. This free agency contains a lot of restricted free agents(RFAs) which does not help the knicks cause especially when you couple that with a huge cap jump that relieves the pressure of signing players to a higher yearly contract. There are also some two year RFAs out their and as knicks fans know from the Lin fiasco teams can offer "poison pill"(Gilbert Arneas provision) contracts to those type RFAs. Here is a brief refresher on how that works: This loophole was seemingly closed in the 2005 CBA with the “Gilbert Arenas Provision,” where it was ruled that an offer sheet made to a restricted free agent in his first or second year in the NBA could not contain a first-year salary greater than the non-taxpayer mid-level exception ($5 million for 2012-13) and a second-year salary no greater than the standard 4.5-percent raise from the first year. The third year of the offer sheet has no such restrictions and could be as high as the player’s maximum, given the offering team’s cap room. However, if a raise from year two to year three is greater than 4.5-percent, the team proposing the offer sheet must be able to fit the average of the entire contract under the cap, rather than the first-year salary, and that is how it is applied to their ledger. But if the original team decides to match the offer sheet, the annual salary is applied to the original team exactly as it is laid out in the standing offer sheet. To put this in context of 2003, the Wizards would only have been able to offer the full mid-level exception in the first two seasons, which at the time was $4.917 million. Golden State therefore would have at least had the option to match this offer sheet for Arenas, if they chose to do so. he difference in the application of the salaries for each team is where the loophole lies. This structure allows a team with a plethora of cap room to back-load an offer sheet significantly in the third and fourth year, only needing to fit the average of all four years (or three years, depending on length of the offer sheet) under the cap in the first season of the deal. Players of note that fall under this are Tyler Johnson, Langston Galloway, and Dwight Powell. I doubt Galloway will get that type of deal but Johnson and Powell could be potential candidates. Both players could be useful for the knicks. Tyler is an athletic combo guard and Dwight is an athletic bigman that is working on his jumper but has much needed energy and versatility defensively. Note: I am trying to look up what an updated "poison pill" offer sheet might look like. To be continued... |
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babyKnicks
Posts: 22486 Alba Posts: 0 Joined: 10/31/2006 Member: #1191 USA |
Any chance rondo and Howard come together?
Let's go Knicks. That's amare
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