after a "discussion" with a friend of mine, where i was proven wrong, when a player is waived, and then re-signs with another team, the teams split the contract values based on the new contract signed. (i assumed that to be the case if the player agreed to a buy-out but it's also true if he's outright released/waived).
micheal finley was waived by dallas (via the amnesty rule).
cap # for 2005/06 is $18,612,500
dallas is paying him $15,937,500
spurs are paying him $2,675,000
so steph's cap # for 06/07 is $18,281,250
if a team is willing to give him the full midlevel starting at $5 mil, steph's cap # for the knicks would be $13 mil.
so the higher the contract steph can yield, the better it is for the knicks. so if a team offers him a 3 year $27 mil deal, we'd only be on the hook for $9 mil of it. (technically tho, a team would only have to offer him $1 mil a year).
but i'd much rather buy him out than trade for any garbage contracts. his stock is dropping by the minute and right now, i only see one possible suitor and that's minny. hey, it ain't my money
