Larry Bird exception

Perhaps the most well-known of the NBA's salary cap exceptions, it is so named because the Boston Celtics were the first team permitted to exceed the salary cap to re-sign one of their own players (in that case, Larry Bird). Free agents who qualify for this exception are called "qualifying veteran free agents" or "Bird Free Agents" in the CBA, and this exception falls under the auspices of the Veteran Free Agent exception. In a nutshell, the Larry Bird exception allows teams to exceed the salary cap to re-sign their own free agents, at an amount up to the maximum salary. To qualify as a Bird free agent, a player must have played three seasons without being waived or changing teams as a free agent. This means a player can obtain "Bird rights" by playing under three one-year contracts, a single contract of at least three years, or any combination thereof. It also means that when a player is traded, his Bird rights are traded with him, and his new team can use the Bird exception to re-sign him. Bird-exception contracts can be up to six years in length.

Posted by JohnWallace44:

Larry Bird exception

Perhaps the most well-known of the NBA's salary cap exceptions, it is so named because the Boston Celtics were the first team permitted to exceed the salary cap to re-sign one of their own players (in that case, Larry Bird). Free agents who qualify for this exception are called "qualifying veteran free agents" or "Bird Free Agents" in the CBA, and this exception falls under the auspices of the Veteran Free Agent exception. In a nutshell, the Larry Bird exception allows teams to exceed the salary cap to re-sign their own free agents, at an amount up to the maximum salary. To qualify as a Bird free agent, a player must have played three seasons without being waived or changing teams as a free agent. This means a player can obtain "Bird rights" by playing under three one-year contracts, a single contract of at least three years, or any combination thereof. It also means that when a player is traded, his Bird rights are traded with him, and his new team can use the Bird exception to re-sign him. Bird-exception contracts can be up to six years in length.

so basically the Knicks have to resign duhon and Al and hope there's room for some of the available free agents.

Posted by kam77:

Posted by EnySpree:

Posted by JohnWallace44:

Larry Bird exception

Perhaps the most well-known of the NBA's salary cap exceptions, it is so named because the Boston Celtics were the first team permitted to exceed the salary cap to re-sign one of their own players (in that case, Larry Bird). Free agents who qualify for this exception are called "qualifying veteran free agents" or "Bird Free Agents" in the CBA, and this exception falls under the auspices of the Veteran Free Agent exception. In a nutshell, the Larry Bird exception allows teams to exceed the salary cap to re-sign their own free agents, at an amount up to the maximum salary. To qualify as a Bird free agent, a player must have played three seasons without being waived or changing teams as a free agent. This means a player can obtain "Bird rights" by playing under three one-year contracts, a single contract of at least three years, or any combination thereof. It also means that when a player is traded, his Bird rights are traded with him, and his new team can use the Bird exception to re-sign him. Bird-exception contracts can be up to six years in length.

so basically the Knicks have to resign duhon and Al and hope there's room for some of the available free agents.

Or say screw it and sign clearly superior players to Al and Du. I like Al and Du but come on. Bron and Bosh are worth more.

Maybe so but the knicks at some point are gonna have to try to keep a solid foundation....dudes that are here that play a certain way and know the organization....leaders...DuDu and Al are fitting that role now....adding a star like Bosh or Lebron to this new culture is better for everyone.

Posted by JohnWallace44:

Posted by Elite:

yes but i believe to have Al Harrington's(for example) salary come off the cap we would need to renounce his bird rights

That's right, Duhon won't have "Bird Rights" because he only will have played here for 2 years. So he's almost completely off the table.

Duhon, Lee, Nate, Harrington will all count against the cap after 2010 if the Knicks do not renounce them (before trying to sign other free agents). How much they count against the cap is the tricky part. This is what I think happens:

http://members.cox.net/lmcoon/salarycap.htm#Q30

Lee        - 200% $5.4M
Nate       - 200% $5.9M
Harrington - 150% $15M
Duhon      - 120% $7.2

Posted by martin:

Posted by JohnWallace44:

Posted by Elite:

yes but i believe to have Al Harrington's(for example) salary come off the cap we would need to renounce his bird rights

That's right, Duhon won't have "Bird Rights" because he only will have played here for 2 years. So he's almost completely off the table.

Duhon, Lee, Nate, Harrington will all count against the cap after 2010 if the Knicks do not renounce them (before trying to sign other free agents). How much they count against the cap is the tricky part. This is what I think happens:

http://members.cox.net/lmcoon/salarycap.htm#Q30

Lee        - 200% $5.4M
Nate       - 200% $5.9M
Harrington - 150% $15M
Duhon      - 120% $7.2

Do you think Duhon is special or could D'antoni find another Duhon in 2 years?

Duhon will get a lot more on the open market. If he continues to put up these numbers your looking at 8-10 without a problem

Forget Duhon. 8-10 mil is wayy too much for him.

Posted by kam77:

Forget Duhon. 8-10 mil is wayy too much for him.

And $15M is way too much for Al. He's good but he's no franchise player.

Posted by martin:

Posted by Bonn1997:

Posted by kam77:

Forget Duhon. 8-10 mil is wayy too much for him.

And $15M is way too much for Al. He's good but he's no franchise player.

what the hell does that have anything to do with anything?

Which part are you confused about? I cannot read your mind.