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Hoopsworld Breaks Down Knicks Clearing Cap Scenarios
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TrueBlue
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6/25/2008  12:17 PM
http://www.hoopsworld.com/Story.asp?story_id=9207
Knicks Next Move: Deal or No Deal?

By: Tommy Beer Last Updated: 6/25/08 8:43 AM ET |

As has been discussed in this space many, many times, the Knicks focus has to be on the future. Two years into the future to be exact - as the summer of 2010, also dubbed the 'Summer of LeBron,' promises to feature arguably the greatest collection of free-agent talent ever.

While the Knicks are slowly but surely starting to move in the right direction after ridding themselves of Isiah Thomas and bringing in Donnie Walsh and Mike D'Antoni, they obviously still have a long, long ways to go. Fortunately for Knicks fans, it appears that Walsh understands the number one priority for New York is shedding salary and finding a way to get under the cap by 2010.

Being under the cap by no means guarantees the Knicks will acquire King James or any other player, but it allows them to be players in the game. And this is one game where, if they can play, the have a great shot at winning. All things being equal, New York is a desirable place to live and work. The endorsement dollars alone could significantly supplement a great player's annual income. And according to most accounts, NBA'ers seem to consider it a privilege to be able to play for Coach D'Antoni.

The question then becomes how Walsh will be able to get under the cap within 24 months. Looking at the Knicks current roster, the situation is grim. As it stands now, New York has four players (in non-rookie contracts) whose deals extend past 2010: Zach Randolph (owed $17.3 million in 2010/2011), Jared Jefferies (owed $6.9 million in 10/11), Eddy Curry (owed $11.3 million in 10/11), and Jamal Crawford ($10.1 million in 10/11). That is a total of $45.6 million committed to just four players.

Therefore, if the Knicks hope to have a prayer of offering max-money to a stud in 2010, they need to move at least one of these four. Both Curry and Crawford have early-termination options that they can choose to exercise, but it is unlikely either player would leave all that money on the table.

Thus, Walsh has to start working the phones to see if he can find a taker for one of these contracts. As discussed last week, the ideal situation would be shipping Zach Randolph out of NY. Randolph's game is clearly not suited for new coach Mike D'Antoni's up-tempo offensive system. Trading Zach would also give Eddy Curry more room to operate in the low post. Last season, Curry never found a comfort zone, as he was constantly competing with Randolph for touches. Furthermore, trading Z-Bo would clear up a starting spot for David Lee, who is more natural fit in Coach Mike D's run-and-gun attack.

Ridding Randolph from the Knicks roster would be a tremendous step in the right direction and would place New York on the path towards financial freedom. So, with this goal in mind, I decided to pour over the rosters and salaries of each NBA team and come up with a number of possible trade options. (All trades listed below work under the NBA's collective bargaining agreement.)

Again, the objective is to clear cap space. Thus, the Knicks may have to take two steps back in order to take one LeBron James-sized step forward.

Without further adieu, let's dig in.

Knicks send Zach Randolph and Renaldo Balkman to the
Cavs for Ben Wallace

This deal would work for the Knicks because Wallace has only two years left on his contract, meaning the Knicks would clear $14 million off the books once Big Ben's deal expired after the 2010 season. On the other hand, the Cavs would be a getting a low-post presence that would draw double-teams in the post, hopefully clearing some space for LeBron to operate. Clearly, the Cavs would get a talent upgrade, as Wallace's game has eroded rapidly since landing a huge contract from Chicago. Randolph's defense is a certainly a liability, but the problem in Cleveland has not been defense, it has been a stunningly stagnant offense. Yes, Z-Bo comes with some baggage, but he also a 20/10 threat every time he steps on the court. Danny Ferry would be taking a big risk, but Randolph does fit the Cavs needs. Cleveland might ask the Knicks to throw in their number one pick (#6 overall), but Walsh would prefer to include Balkman.

Knicks send David Lee, Wilson Chandler, Zach Randolph, Malik Rose and the #6 pick
To Denver for Carmelo Anthony and Kenyon Martin

If the Knicks brass is nervous that they won't be able to land a stud via free-agency in 2010, they could take a shot at landing one this summer. While it remains unlikely the Nuggets would ever seriously consider moving 'Melo, if you are Donnie Walsh you have to throw an offer out there. In this proposed deal, the Knicks would tie up their cap room well into the future, but you cross your fingers and hope that Anthony (who is as talented as any player in the NBA), is able to settle down and blossom in New York. You assume Denver could get a better package if they were serious about shipping out Anthony. But the Knicks could offer to send the emerging Lee (great contract and many admirers around the league); Chandler, who has some potential at the small forward position; Randolph (Nuggets VP of Basketball Operations Mark Warkentien played a role in drafting Randolph and is a fan of his game); Malik Rose's expiring contract; and their first-rounder. In return, New York would be taking Keyon Martin's bloated contract off the Nuggets books. Although he played well at times last season, Martin has a horrible contract ($46.1 million remaining over three years) that the Nuggets would love to get rid of. The Knicks would also certainly be willing to include Curry or Crawford in the deal if Denver would prefer either player over Z-Bo. Nonetheless, Denver would likely have to receive an offer that would knock their block off to even pick up the phone, and this likely wouldn't be enough

Knicks send Zach Randolph and their first-round pick
To the Bulls for Larry Hughes and Joakim Noah

Similar to the deal with Cleveland, the Knicks would take on Larry Hughes' terrible contract simply because it expires one year earlier than Randolph's. While the Bulls have a glut of big forwards, they don't have anyone who can put up 20 points a night. In fact, they haven't had anybody to feed in the post since they traded away Eddy Curry. If they acquired the #6 pick from the Knicks, it would give them two selections in the first half of the lottery. Assuming they take Derrick Rose at #1, that would be another young piece they could add to the mix. The question is whether or not they would want Zach Randolph around their kids….

Knicks send Z-Bo, Renaldo Balkman, and their 2009 first-round pick
To Detroit for Rasheed Wallace and Amir Johnson

There have been some rumors making the rounds that suggest Joe Dumars could be willing to the roll the dice and bring Randolph back to the state where he starred as a collegian. The Knicks would love it, as Rasheed has just one more year left on his deal and Johnson's contract expires after the 2010 season. Although Dumars and the Pistons are clearly frustrated with their inability to advance past the Conference Finals, it is very unlikely a shrewd GM like Dumars would risk taking on Randolph and his contract. Not much doing here…

Knicks send Zach Randolph, Malik Rose, and their 2009 first-round pick
To the Pacers for Jermaine O'Neal

Although the Pacers wouldn't mind moving JO, many of the rumors attached to O'Neal have the Pacers getting very little in return. While O'Neal has been decimated by injuries the last few seasons, he is still a talented big man who can score with his back to the basket. And despite being owed over $40 million, he has just two years left on his current pact. This is ideal for New York – they invest two years in O'Neal and if he bounces back and is able to stay healthy and play at an elite level, then they will have the opportunity to re-sign him. If he continues to regress and remains injured, then they let him walk and clear out all that cap space in 2010. However, there are a few major stumbling blocks in this deal. First, Walsh would have to pull off a blockbuster with his former team, which would be tricky. Also, although Z-Bo is originally from Indiana, the Pacers have had to deal with far too many off-the-court problems recently and would be very hesitant to trade for Randolph and his checkered past. In addition, the Pacers are trying to rebuild themselves and would prefer not to commit all that cash and further lock up their cap.

Knicks send Zach Randolph
To Milwaukee for Bobby Simmons and Dan Gadzuric

This deal was apparently very close to being consummated at the trade deadline last February, but Bucks owner Herb Kohl balked. This makes a lot of sense for Milwaukee, as they rid themselves of two of ugly contracts, but while the Knicks would clear a good amount of cap space in 2010, the benefits would be muted. Bobby Simmons is owed $20.5 million over the next two seasons, which New York can swallow. However, it is the contract of Dan Gadzuric that is the issue. The kicker is the $7.3 million that Gadzuric is owed for the 2010/2011 season. And once you take on that contract, it becomes impossible to move and would cut into the 2010 free-agent budget.

Knicks send Zach Randolph and their first-round pick (#6)
To Philadelphia for Reggie Evans and the Sixers first-rounder (#16)

I discussed this trade in depth a earlier this month. While it makes a lot of sense for the Sixers (addresses a key need at PF and they can take on the extra money because they are under the cap), it would be a dubious move for New York. Much like the Milwaukee deal, the Knicks get rid of Randolph but are forced to take on a bad contract that extends in 2011 – Evans is due to earn $5.1 in the last year of his deal.

Knicks send David Lee and Malik Rose
To Memphis for the Grizzlies first-round pick (#5) and Brian Cardinal

This trade rumor has picked up some steam over the last few days. The money doesn't match up in this deal, but Memphis is far enough under the cap that they can take on extra salary. This is a very interesting proposition. Apparently the Grizz want Kevin Love and if he is off the board then they will look to wheel and deal. Taking on Cardinal's awful contract (2 years and roughly $13 million) wouldn't be a problem for NY, as his deal expires in time. The predicament would be parting with David Lee. Lee is the type of hard-nosed player the Knicks need to build around, not trade away. However, Lee will up for a extension and a significant raise next summer. Thus, if Walsh inks him to a long-term lucrative contract, that money would eat into the 2010 cap room. Also, if the Knicks controlled the #5 and #6 picks in the draft, that could give them a few interesting options; including possibly trading up to #3 and grabbing O.J. Mayo. If Memphis did come knocking, Walsh would have to listen.

Knicks send Stephon Marbury and #6 pick
To Miami for Shawn Marion

Rumblings regarding a Marbury/Marion swap have cropped up within the last 24 hours, after Marion decided not to opt-out of the final year of his contract. However, this deal makes no sense Miami. First off, the salaries don't match up (Starbury makes $3 million more than Matrix), but more than that there is just no reason for the HEAT to make this move. Yes, Miami will be hesitant to give Marion the $60 million dollar extension he will be looking for next season, but holding onto Matrix gives them way more options than adding Marbury's dead weight. If the HEAT are looking to make a move at next season's trade deadline, Marion would obviously fetch far more on the open market than Stephon. And Miami could also use Marion in a sign-and-trade next summer to acquire a superstar more to their liking. Moreover, you think Pat Riley wants to bring Stephon Marbury in to hang around Michael Beasley and Dwyane Wade? Forget about it.

[Edited by - TrueBlue on 06-25-2008 11:17 AM]
LMFAO @ the Bio [url]http://en.wikipedia.org/wiki/Stephon_Marbury[/url]
AUTOADVERT
djsunyc
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6/25/2008  12:19 PM
does this tommy beer guy get paid to write that?
nyk4ever
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6/25/2008  12:20 PM
Posted by djsunyc:

does this tommy beer guy get paid to write that?

LOL I was thinking the samet hing.

I think only 2 trades have a chance of happening. The Cavs one and the Memphis one.
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
joec32033
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6/25/2008  12:31 PM
Posted by nyk4ever:
Posted by djsunyc:

does this tommy beer guy get paid to write that?

LOL I was thinking the samet hing.

I think only 2 trades have a chance of happening. The Cavs one and the Memphis one.

Hate to burst your bubble, but another guy heard the Marion/Marbury deal in Florida.

Ira Winderman


Tuesday's contract deadline came and went without Heat forward Shawn Marion invoking his opt-out clause.

"We did not opt out," agent Dan Fegan confirmed, with the Heat to have been notified only if Marion wanted to test free agency this summer.

As a result, the Heat now holds two of the NBA's biggest trade chips: Marion and the No. 2 pick in Thursday's NBA Draft.

By bypassing the opt-out, Marion will earn $17.8 million next season. However, he now is limited, by salary-cap rules, to a four-year extension from the Heat.

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Considering Marion is seeking an extension in the $60 million range, it makes such a package highly unlikely from the Heat, which has placed a priority on creating cap space for the 2010 offseason, when Raptors forward Chris Bosh, Cavaliers forward LeBron James and its own Dwyane Wade could be free agents.

While no trade demand has been issued, dissatisfaction from Marion over his long-term outlook in Phoenix contributed to the Feb. 6 trade that sent him along with guard Marcus Banks to the Heat for center Shaquille O'Neal.

Marion had been off-limits for a trade, by league rule, until his opt-out window closed. At 6 p.m. Tuesday that changed.

Now options with Marion can be explored, possibly those including picks in Thursday's draft. One permutation would be the Knicks' No. 6 pick and guard Stephon Marbury, who holds an expiring contract, for Marion and center Mark Blount.


With the Heat already gauging the trade market for its No. 2 pick, the period leading to its 7:40 p.m. Thursday selection could be the busiest for the franchise in years.

Among those linked to the Heat in trade rumors have been Carmelo Anthony, Mike Miller, Mike Conley, Chris Wilcox and numerous others.

In many ways, the situations with Marion and projected No. 2 pick Michael Beasley are similar, with the Heat seemingly uncertain if either offers value for what would be spent.

With Marion, the concern is offering a lucrative extension for a player not known for creating his own shots. With Beasley, it is spending such a high draft pick on a player with perceived maturity issues.

The Heat could conceivably allow Marion to play out the final year of his contract, and then consider sign-and-trade options next summer, when Clippers forward Elton Brand and Jazz forward Carlos Boozer could be free agents.

But based on Marion's dissatisfaction in Phoenix over his treatment by the Suns, it could be difficult for the Heat to coexist with the forward even to the February trading deadline.

Whether Beasley even will be a Heat's option at No. 2 remains in doubt.

Chicago General Manager John Paxson, whose team holds the No. 1 selection, was noncommittal during a media briefing Tuesday at the Bulls' practice facility.

As has been the case since Chicago leapfrogged the Heat to emerge with the top overall selection during the NBA Draft lottery, Paxson continued to offer only praise for Memphis point guard Derrick Rose and Beasley.

"We're probably leaning a certain way," Paxson said. "But as I've learned in this business, over the next 48 hours a lot of things can happen."

Paxson said it is not a matter of gamesmanship with the Heat.

"You don't have to call a name until Thursday night," he said. "We're not trying to be coy.

"But it doesn't serve any purpose to today say what direction we're going to go."

Paxson acknowledged Beasley probably would be quicker to produce in the NBA.

"Beasley, there is no doubt he's going to come in the league and score," he said.

Paxson said point guards generally need more time to adjust.

"Whether it's us or Miami, I think the same thing applies for Derrick," he said. "It's an interesting debate."

Addressing the media Tuesday in New Jersey, Nets President Rod Thorn said the league also is uncertain of the Heat's direction, with Southern Cal guard O.J. Mayo possibly in the equation.

"A lot of people think Miami is not going to take Beasley," he said. "For instance, if they stay at two, that they may take Mayo. There are a lot of different scenarios."


~You can't run from who you are.~
nyk4ever
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6/25/2008  12:37 PM
I'd do that Marion deal as long as we did that Lee to Memphis deal because we'd need a PG. Westbrook + Marion would be a pretty good offseason if you ask me.
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
joec32033
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6/25/2008  12:39 PM
Posted by nyk4ever:

I'd do that Marion deal as long as we did that Lee to Memphis deal because we'd need a PG. Westbrook + Marion would be a pretty good offseason if you ask me.

I agree. I still want Mayo over Westbrook though. Shawn is 30. Only reason to make this trade is if you are going to get someone for the now.
~You can't run from who you are.~
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6/25/2008  12:57 PM
Posted by nyk4ever:

I'd do that Marion deal as long as we did that Lee to Memphis deal because we'd need a PG. Westbrook + Marion would be a pretty good offseason if you ask me.

I would do that deal aswell and would follow it up with Zach to Cleveland or Detroit for either of the Wallace's.
joec32033
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6/25/2008  1:06 PM
Posted by Uptown:
Posted by nyk4ever:

I'd do that Marion deal as long as we did that Lee to Memphis deal because we'd need a PG. Westbrook + Marion would be a pretty good offseason if you ask me.

I would do that deal aswell and would follow it up with Zach to Cleveland or Detroit for either of the Wallace's.

You read my frikkin' MIND!!!

Wallace
Chandler
Marion
Crawford
Mayo
~You can't run from who you are.~
Uptown
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6/25/2008  1:14 PM
Posted by joec32033:
Posted by Uptown:
Posted by nyk4ever:

I'd do that Marion deal as long as we did that Lee to Memphis deal because we'd need a PG. Westbrook + Marion would be a pretty good offseason if you ask me.

I would do that deal aswell and would follow it up with Zach to Cleveland or Detroit for either of the Wallace's.

You read my frikkin' MIND!!!

Wallace
Chandler
Marion
Crawford
Mayo

That would be a very athletic and fast lineup. Just need to find a shooter off the bench. Maybe we can pry JJ Redick from Orlando. Despite his size, he could play in the same backcourt as with Mayo or Craw.
K22
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6/25/2008  1:45 PM
Pairing Steph with Dwyane Wade has the potentional to be 100x more comedic than ANY of those T-Mobile spots Wade does with Sir Chuck.
-- the preceding post was brought to you by the letter K and the number 22.
TMS
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6/25/2008  5:39 PM
CLE will not want Zach, trust me... it would make a ton more sense for them to acquire someone who doesn't come w/the character issues if indeed they're even looking for another frontcourt player... someone like JO for instance... a backcourt mate for Lebron like Baron D. would make even more sense... they're lacking another perimeter scoring threat & could use an upgrade at the PG position.
After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.
izybx
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6/25/2008  6:59 PM
Posted by TMS:

CLE will not want Zach, trust me... it would make a ton more sense for them to acquire someone who doesn't come w/the character issues if indeed they're even looking for another frontcourt player... someone like JO for instance... a backcourt mate for Lebron like Baron D. would make even more sense... they're lacking another perimeter scoring threat & could use an upgrade at the PG position.

JO has already been traded. BWallace isnt exactly gold either, his contract is bloated and he barely produces anymore. I think Zach for Ben is a fair trade.
Beat the Evil Empire. BEAT MIAMI
GKFv2
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6/25/2008  7:04 PM
WTF? I wouldn't do that Marion deal. He's 30 and wants a long-term deal and he's not even a superstar. And to destroy cap space for him(I believe the Knicks would resign him) and also take on Mark f'n Blount's contract? Disgusting. I'd rather release Marbury.

[Edited by - gkfv2 on 06-25-2008 7:04 PM]
Thank you, Rick Brunson.
TMS
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6/25/2008  7:55 PM
Posted by izybx:
Posted by TMS:

CLE will not want Zach, trust me... it would make a ton more sense for them to acquire someone who doesn't come w/the character issues if indeed they're even looking for another frontcourt player... someone like JO for instance... a backcourt mate for Lebron like Baron D. would make even more sense... they're lacking another perimeter scoring threat & could use an upgrade at the PG position.

JO has already been traded. BWallace isnt exactly gold either, his contract is bloated and he barely produces anymore. I think Zach for Ben is a fair trade.

yeah, i made that post before i heard about the JO trade.
After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.
Hoopsworld Breaks Down Knicks Clearing Cap Scenarios

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