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A way out of Curry's contract
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garyclips
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2/9/2009  5:55 PM
Since his contract has an eto clause for this coming summer, can't he opt out and then resign a max one year (around 17M) contact foregoing his final year. The knicks could even wave him after signing the contract so he can recoup some of the money (around 5M) he would lose and still have 2010/2011 to make up the difference.
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JohnWallace44
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2/9/2009  6:00 PM
I proposed this in the last "let's cut Curry" thread

I think you'd cause a stink with other owners, but it should be possible
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4949
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2/9/2009  11:24 PM
Posted by garyclips:

Since his contract has an eto clause for this coming summer, can't he opt out and then resign a max one year (around 17M) contact foregoing his final year. The knicks could even wave him after signing the contract so he can recoup some of the money (around 5M) he would lose and still have 2010/2011 to make up the difference.

That's uh, that's an interesting thought. Not bad, not bad at all for a guy who has 10 hits.

Yes, it would be like renogotiating his contract. If we were to buy anyone out, it would be Curry. Not Marbury or anyone else, especially since someone like Marbury's contract is about to end.

But yeah, I like this idea. As a matter of fact, offer to reduce his contract by a mil or two in exchange to get a good bulk of his money one year quicker. It is an opt year for him, so it would have to be his call. And I think the NBA would allow it.
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EnySpree
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2/10/2009  12:10 AM
nba wouldn't allow a medical exemption for a player with a life threatening heart condition....nba don't care about the Knicks.
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knicks1248
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2/10/2009  12:14 AM
There going to go through all of that for a buy out, He would be even dumber to go for that. Plus I would like to see the list of playes walsh has ever brought out, im sure it's ridiculously short .
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GallOfFame
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2/10/2009  12:16 AM
Posted by EnySpree:

nba wouldn't allow a medical exemption for a player with a life threatening heart condition....nba don't care about the Knicks.

They signed off on the trade knowing this in advance. Why are we still struggling with this?
NineMike2Whiskey
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2/10/2009  2:25 AM
Posted by GallOfFame:
Posted by EnySpree:

nba wouldn't allow a medical exemption for a player with a life threatening heart condition....nba don't care about the Knicks.

They signed off on the trade knowing this in advance. Why are we still struggling with this?

Agreed, i mean we pretty much disputed Chicago's assessment and willingly foregoed the DNA test.... we crying foul now that Curry's turned into the michellin man??? His contract will have to be a mistake we need to live with......
EnySpree
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2/10/2009  4:21 AM
Posted by NineMike2Whiskey:
Posted by GallOfFame:
Posted by EnySpree:

nba wouldn't allow a medical exemption for a player with a life threatening heart condition....nba don't care about the Knicks.

They signed off on the trade knowing this in advance. Why are we still struggling with this?

Agreed, i mean we pretty much disputed Chicago's assessment and willingly foregoed the DNA test.... we crying foul now that Curry's turned into the michellin man??? His contract will have to be a mistake we need to live with......

my bad i'm talking bout mobley
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earthmansurfer
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2/10/2009  5:01 AM
Posted by garyclips:

Since his contract has an eto clause for this coming summer, can't he opt out and then resign a max one year (around 17M) contact foregoing his final year. The knicks could even wave him after signing the contract so he can recoup some of the money (around 5M) he would lose and still have 2010/2011 to make up the difference.

garyclips,

That is a really interesting idea. Technically we are not breaking any rules. It's clear that we are doing it to get under the cap in 2010. That benefits us and Curry. (We save and he gets another year of salary if he can play in 2010). The NBA though, didn't give us the Mobley DPE cause they see it as connected to 2010. So, I'm wondering if they would give us a hard time on it.

IMO your idea is a very very very big loophole to getting under the cap in time. Not sure how other teams or Stern would respond. But, it's a technicality!

EMS

[Edited by - earthmansurfer on 02-10-2009 05:05 AM]
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SupremeCommander
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2/10/2009  7:41 AM
Interesting idea as always, gary.... nice to seer you posting here
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knicksbabyyeah
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2/10/2009  8:07 AM
Very nice Idea

a) Not sure if it'll be allowed but hey why not, excellent idea. It is a circumvention though and the league is governed by lawyers (just look at how the CBA covers it all) who make signing & trade papers official. Might hit a snag with this wink wink type of deal. Not sure how the Joe Smith fiasco went but Curry isn't worth any further punishment.

b) I don't think any team will sign him to a MLE type deal but we shouldn't waive him anyway to keep up appearances and perhaps use him as trade bait.

There's always 2010 for him to earn back the money he lost by opting out. Worst case scenario is he gets the league minimum (1.3 mil in 2010 for his amount of yrs in the league) but then it will be a team of his choice. So He'll at most lose 3.5+ million, maybe nothing at all.


I really love this idea but doubt Curry will go for this.
- He's spend too much of his money already
- Isn't taking pride in his job and may not have a long career
So why help the Knicks and leave money on the table?

If he were healthy, economics were good and the prospect of a new good contract on the Horizon, sure why not.

[Edited by - knicksbabyyeah on 02-10-2009 08:07 AM]
EwingsGlass
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2/10/2009  8:11 AM
Posted by earthmansurfer:


That is a really interesting idea. Technically we are not breaking any rules. It's clear that we are doing it to get under the cap in 2010. That benefits us and Curry. (We save and he gets another year of salary if he can play in 2010). The NBA though, didn't give us the Mobley DPE cause they see it as connected to 2010. So, I'm wondering if they would give us a hard time on it.

IMO your idea is a very very very big loophole to getting under the cap in time. Not sure how other teams or Stern would respond. But, it's a technicality!

EMS

[Edited by - earthmansurfer on 02-10-2009 05:05 AM]

EMS--questions--- where did you see that the NBA didn't give the Mobley DPE because of 2010? Not sure I understand that, his contract expired before 2010. Also, there would be a penalty from the league on that move. It is too obvious a manipulation of the system... why would anyone with good business sense double Curry's salary after he opted out... there is no other motivativation other than to avoid the salary cap rules. I would think we would at least lose our draft pick on that...

[Edited by - ewingsglass on 02-10-2009 08:17 AM]
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earthmansurfer
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2/10/2009  8:53 AM
Posted by EwingsGlass:
Posted by earthmansurfer:


That is a really interesting idea. Technically we are not breaking any rules. It's clear that we are doing it to get under the cap in 2010. That benefits us and Curry. (We save and he gets another year of salary if he can play in 2010). The NBA though, didn't give us the Mobley DPE cause they see it as connected to 2010. So, I'm wondering if they would give us a hard time on it.

IMO your idea is a very very very big loophole to getting under the cap in time. Not sure how other teams or Stern would respond. But, it's a technicality!

EMS

[Edited by - earthmansurfer on 02-10-2009 05:05 AM]

EMS--questions--- where did you see that the NBA didn't give the Mobley DPE because of 2010? Not sure I understand that, his contract expired before 2010. Also, there would be a penalty from the league on that move. It is too obvious a manipulation of the system... why would anyone with good business sense double Curry's salary after he opted out... there is no other motivativation other than to avoid the salary cap rules. I would think we would at least lose our draft pick on that...

[Edited by - ewingsglass on 02-10-2009 08:17 AM]

EwingGlass,

I don't have a link but remember reading an article on the front page here (ok, perhaps it was a blog) but it mentioned that the league is paying particular attention to these types of trades (where you know you are getting damaged goods). But Mobley had a two year contract (this and next year), not one (would have been off our cap for the 2010 spending) and so (the reasoning goes) that the league didn't want this to become commonplace - You know, teams trading for injured guys and hoping to get a relatively powerful DPE for half the salary.

We gave up Zach's long contract for Tim Thomas (expires for 2010) and Mobley (Same). Further I think the league was trying to prevent "mandatory retirements" (The whole argument with Mobley supposedly knowing beforehand that in a sense he had to retire, which is pretty clear to have been B.S.) With that last statement I mean, doctors often say you need to retire but do you really (like the recent Portland scenario with Miles)? So, the league doesn't want teams with money (e.g. Knicks) to trade for players who might need a medical retirement (e.g. Mobley) to benefit from them retiring (under the table type deals of course). That was long winded, hope that made some sense.

(I agree with you regarding the penalty, as follows)
Anyway, after giving it some more thought, doing that with Curry only circumvents the cap, clearly it's not related to his talent, so it would be ugly and not worth pursuing. Joe Smith all over again.
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arkrud
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2/10/2009  9:55 AM
What will happen if Eddy decided to retire himself?
Let’s say he will take DNA test and it will conclude that he is in the risk zone, aggravated with over-weight problem...
Obviously league will have to accept it.
How the 2010 cap situation will look for the Knicks in this case?
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JohnWallace44
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2/10/2009  10:05 AM
Posted by arkrud:

What will happen if Eddy decided to retire himself?
Let’s say he will take DNA test and it will conclude that he is in the risk zone, aggravated with over-weight problem...
Obviously league will have to accept it.
How the 2010 cap situation will look for the Knicks in this case?

If he retires, he can't get paid for his player option years.
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arkrud
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2/10/2009  10:45 AM
Posted by JohnWallace44:
Posted by arkrud:

What will happen if Eddy decided to retire himself?
Let’s say he will take DNA test and it will conclude that he is in the risk zone, aggravated with over-weight problem...
Obviously league will have to accept it.
How the 2010 cap situation will look for the Knicks in this case?

If he retires, he can't get paid for his player option years.

I understand this but will his option year’s salary be counted against the cap?
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Andrew
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2/10/2009  10:52 AM
Gary....excellent idea. So if I understand correctly, Eddy opts out and we sign him to a 1 yr/17M contract. Total numbers wise it looks like he gives up about 4.8M, but I think it would work out almost equally. Eddy gets about 7M a year early, and can make back some of the money in interest. Seems like he is short on cash too, so getting some more money early would be good for him. If he decides to play in 2010...its bonus $ for him.

Someone please forward this on to the Knicks.
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Nalod
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2/10/2009  11:02 AM
Then he can go to Tim Grovers for two years and make his comeback at age 30 after he had his stomach staple and his long desire to return to basketball.

Real reason is Mrs Curry will take half and he got no recourse as he has addmited to having kids outside the marriage.

s3231
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2/10/2009  12:22 PM
Definitely a good idea.

The only thing is it would be very risky on Curry's end to opt out. While it could be a *wink wink* deal where Walsh promises to give him the 1 year 17 million, Curry can't know for sure that Walsh will follow through on that.

After Curry opted out, Walsh could basically say "Screw you, I'm not going to give you the money." Walsh would probably never do that, but it is risky on Curry's part and I'm not sure if his agent would let him take that risk.

If you guys remember the Boozer case a few years ago, he opted out with the promise of signing a new deal with the Cavs. As we all know, he betrayed them and signed with the Jazz instead. This would obviously be a different scenario but if you are Curry, you are probably scared that Walsh might do the same thing and screw you over because it might be in his best interests to do so.
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2/10/2009  12:25 PM
Posted by earthmansurfer:
Posted by EwingsGlass:
Posted by earthmansurfer:


That is a really interesting idea. Technically we are not breaking any rules. It's clear that we are doing it to get under the cap in 2010. That benefits us and Curry. (We save and he gets another year of salary if he can play in 2010). The NBA though, didn't give us the Mobley DPE cause they see it as connected to 2010. So, I'm wondering if they would give us a hard time on it.

IMO your idea is a very very very big loophole to getting under the cap in time. Not sure how other teams or Stern would respond. But, it's a technicality!

EMS

[Edited by - earthmansurfer on 02-10-2009 05:05 AM]

EMS--questions--- where did you see that the NBA didn't give the Mobley DPE because of 2010? Not sure I understand that, his contract expired before 2010. Also, there would be a penalty from the league on that move. It is too obvious a manipulation of the system... why would anyone with good business sense double Curry's salary after he opted out... there is no other motivativation other than to avoid the salary cap rules. I would think we would at least lose our draft pick on that...

[Edited by - ewingsglass on 02-10-2009 08:17 AM]

EwingGlass,

I don't have a link but remember reading an article on the front page here (ok, perhaps it was a blog) but it mentioned that the league is paying particular attention to these types of trades (where you know you are getting damaged goods). But Mobley had a two year contract (this and next year), not one (would have been off our cap for the 2010 spending) and so (the reasoning goes) that the league didn't want this to become commonplace - You know, teams trading for injured guys and hoping to get a relatively powerful DPE for half the salary.

We gave up Zach's long contract for Tim Thomas (expires for 2010) and Mobley (Same). Further I think the league was trying to prevent "mandatory retirements" (The whole argument with Mobley supposedly knowing beforehand that in a sense he had to retire, which is pretty clear to have been B.S.) With that last statement I mean, doctors often say you need to retire but do you really (like the recent Portland scenario with Miles)? So, the league doesn't want teams with money (e.g. Knicks) to trade for players who might need a medical retirement (e.g. Mobley) to benefit from them retiring (under the table type deals of course). That was long winded, hope that made some sense.

(I agree with you regarding the penalty, as follows)
Anyway, after giving it some more thought, doing that with Curry only circumvents the cap, clearly it's not related to his talent, so it would be ugly and not worth pursuing. Joe Smith all over again.

I think that analysis is correct without getting into 2010-nomics. We tried to bump up the severity of his condition and got rejected.

Now the question regarding Cuttino is-- what are they waiting for? Is it possible that they think his contract can be filler on another trade? I would say that is the only logical reason for holding onto that contract at this point.
You know I gonna spin wit it
A way out of Curry's contract

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