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THE KNICKS GET A HUGE TAX BREAK !!!!
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KARNIVORE
Posts: 20358
Alba Posts: 0
Joined: 2/13/2003
Member: #382
Nigeria
5/13/2003  9:32 AM
LUC LONGLEY & LARRY JOHNSON are officially off the books !!!! Now this year we could have WARD, KNIGHT, MCDYESS & HARRINGTON ( opt out ) off the books as well & not sign NAILON, POSTEL & POPE !!! That would leave under contract only HOUSTON, SPREWELL, KT, ANDERSON, EISLY, WILLIAMS, DOLEAC & SPOON. Yea we still suck but at a discount price !!!
ALL MEN ARE CREATED EQUAL, BUT THEY ARE NOT TREATED EQUAL !!!
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Swishfm3
Posts: 23236
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Joined: 3/28/2003
Member: #392
5/13/2003  9:38 AM
what does that account? like 17 out of 50 million?? I guess it's better than nothing...
I think of the four you mentioned, only McDyess and Harrington have an out option and I doubt McDyess is going to execise that now that he might not be able to play again.
OasisBU
Posts: 24138
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Joined: 6/18/2002
Member: #257
USA
5/13/2003  9:58 AM
The best part of the article was that Dolan will be willing to spend more money on players who actually step onto the court. The Mid level is also increasing slightly allowing them to get a better player for the money. Taking LJ and Longley off the books saves Dolan something like 30 million over the next 2 seasons, thats a good amount of cash. He did have to pay 22 million in luxury tax this year though, so who knows how willing he will be to sign an impact player.
"If at first you don't succeed, then maybe you just SUCK." Kenny Powers
Andrew
Posts: 26600
Alba Posts: 2
Joined: 7/24/2001
Member: #1
USA
5/13/2003  10:50 AM
McDyess doesn't have an out for this year...the Knicks made him guarentee the year when he was traded from Denver...also Harrington's opt out year was this past year....so he is definately on the books for next. If the mid level could bring Laram to NY as the article mentioned that would be very nice.
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THE KNICKS GET A HUGE TAX BREAK !!!!

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