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Knicks again revisiting idea of purchasing few late 1st round 2010 nba draft picks: Specifically Grizzlies
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DJMUSIC
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6/15/2010  2:04 AM
Guess its June and we're hearing again Knicks Walsh desire to acquire talent through this June's 2010 NBA draft
but their interest in aquisition of low late 1st round draft picks.

Read on the below url link because it seems the Knicks smartly targeting Grizzlies picks at their positions (Own 2 1st round late)
which won't affect the NYK $salary cap objectives it appears for 1st rounders.

Interesting


Knicks going to the draft, interests again in obtaining/buying 2010 late 1st round picks
http://bleacherreport.com/tb/b4xPR

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TheGame
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6/16/2010  7:53 AM
Here is the article:

visited the ESPN 1050 Studios at 2 Penn Plaza, right next door to Madison Square Garden, on Friday afternoon to appear on the Bill Daughtry show and to videotape Knicks and Nets draft preview spots, part of ESPN's huge NBA draft coverage. The draft preview video (psst, New York likes this guy) will be posted on this site next week.

You can listen to the interview here, and by visiting this blog you are getting an even more detailed rundown of one of the topics we hit on: the Knicks' draft plans.

New York currently holds picks Nos. 38 and 39 in the second round, and team president Donnie Walsh has said the Knicks are interested in buying a low first-round pick as they did last year when they picked up Toney Douglas with the Lakers' pick (No. 29), which cost Jim Dolan $3 million.

It should be noted that Memphis Grizzlies owner Michael Heisley has always been eager to make money in trades, and Heisley's team holds pick Nos. 25 and 28 at the bottom of the first round.

The Knicks also could look to purchase low second-round picks, and sources are telling me the asking price for those right now is $1,5 million and up. (Quite a change from a few years ago. When the Nets selected Kyle Korver at No. 51 in 2003, they sold his rights to the Sixers for $150,000.)

Second-round picks are especially appealing to the Knicks because they will not impact the team's salary cap space this summer. New York currently has only five players under contract for next season, but NBA rules stipulate that a team carry at least 12 salary-cap holds at all times. So if the Knicks have seven players on their roster coming out of the draft (the five currently under contract plus the two second-round picks), they'll also be required by the collective bargaining rules to carry five phantom players with cap holds of $473,604 -- the minimum salary for the 2010-11 season. If they have five extra actual players through draft-night purchases, the cap holds stay at the same $473,604 figure.

(If you want to know ever more about this higher salary cap math and how it relates to the Knicks, check out this earlier blog post.)

Here is the entire NBA draft order. Teams with multiple picks at the middle-to-bottom of the second round include Minnesota (Nos. 45 and 56), Phoenix (46 and 60) and the Lakers (Nos. 43 and 58). Financial logic would also dictate that the Knicks also might have a shot at buying the No. 55 pick from the Utah Jazz, who must pay a luxury tax bill of nearly $2 million for the 2009-10 season. The Lakers ($21.4 million) and Suns ($5.04 million) also are tax-paying teams and also probably wouldn't mind dipping into Jim D.'s deep pockets to help pay their bills.

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TheGame
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6/16/2010  7:57 AM
If I were Walsh, I would try to make some moves to get two more picks in the second round. With four second round picks, even our inept scouts should be able to find a diamond in the rough and draft someone that sticks. Given the fact that this is a solid draft, Walsh should load up on young talent now and hope something develops. We should also try to pick up some D-league gems like we did with Barron, who I would like to resign. Douglas, Chandler, Lebron, Gallo, and Bosh, with some solid young players on the bench should put us in a good situation for the next 5 years.
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Finestrg
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6/16/2010  10:05 AM
TheGame wrote:If I were Walsh, I would try to make some moves to get two more picks in the second round. With four second round picks, even our inept scouts should be able to find a diamond in the rough and draft someone that sticks. Given the fact that this is a solid draft, Walsh should load up on young talent now and hope something develops. We should also try to pick up some D-league gems like we did with Barron, who I would like to resign. Douglas, Chandler, Lebron, Gallo, and Bosh, with some solid young players on the bench should put us in a good situation for the next 5 years.

Totally agree with you Game...That would be my plan...
djsunyc
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6/16/2010  10:06 AM
any 1st round pick will eat into cap space.
BRIGGS
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6/16/2010  10:09 AM
Finestrg wrote:
TheGame wrote:If I were Walsh, I would try to make some moves to get two more picks in the second round. With four second round picks, even our inept scouts should be able to find a diamond in the rough and draft someone that sticks. Given the fact that this is a solid draft, Walsh should load up on young talent now and hope something develops. We should also try to pick up some D-league gems like we did with Barron, who I would like to resign. Douglas, Chandler, Lebron, Gallo, and Bosh, with some solid young players on the bench should put us in a good situation for the next 5 years.

Totally agree with you Game...That would be my plan...

This is one draft where you will score in round 2 pretty well

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BRIGGS
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6/16/2010  12:21 PM
If we bought 2 more 2's--4 in total--that has 0 effect on the salary cap at all? Because whatever happens we need players if we had 4-5 picks in rd 2 and even if 2 guys turned out apple that would be a big score for cheap
RIP Crushalot😞
sebstar
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6/16/2010  12:25 PM
I'm with you guys, but damn they want 1.5 milly for a second round pick nowadays? Dayum!
My saliva and spit can split thread into fiber and bits/ So trust me I'm as live as it gets. --Royce Da 5'9 + DJ Premier = Hip Hop Utopia
crzymdups
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6/16/2010  1:26 PM
djsunyc wrote:any 1st round pick will eat into cap space.

they supposedly have room to acquire one first round pick in the 25-30 range and still sign two maxes. that's based on the $56.1M cap projection.

a blank cap hold is $450,000. a first round contract in the 25-30 is like $1M. not a huge chunk.

¿ △ ?
Paladin55
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6/16/2010  2:12 PM
TheGame wrote:If I were Walsh, I would try to make some moves to get two more picks in the second round. With four second round picks, even our inept scouts should be able to find a diamond in the rough and draft someone that sticks. Given the fact that this is a solid draft, Walsh should load up on young talent now and hope something develops. We should also try to pick up some D-league gems like we did with Barron, who I would like to resign. Douglas, Chandler, Lebron, Gallo, and Bosh, with some solid young players on the bench should put us in a good situation for the next 5 years.

My feelings exactly. Shotgun approach to the draft. Pick up a late #1 and at least 4 2s, and while you hope that they all stick, finding 2-3 guys worth keeping is not bad. Hell, if we can't buy a late #1 pick up as many 2's as is feasible. Sign unpicked guys like Rautins and Wittman to the SL, pick up a few other guys, and we may be able to field a SL with only a few retreads. Maybe we can actually make some use of the DL this year by placing our own guys on a team.

By all accounts this is a pretty deep draft based on what you can read about the guys who should still be around when we pick.

Donnie can make use of Dolan's dough without having to worry about cap issues or paying a luxury tax. If the guy has the money, why not spend it.

No man is happy without a delusion of some kind. Delusions are as necessary to our happiness as realities- C.N. Bovee
DJMUSIC
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6/16/2010  3:31 PM
TheGame wrote:If I were Walsh, I would try to make some moves to get two more picks in the second round. With four second round picks, even our inept scouts should be able to find a diamond in the rough and draft someone that sticks. Given the fact that this is a solid draft, Walsh should load up on young talent now and hope something develops. We should also try to pick up some D-league gems like we did with Barron, who I would like to resign. Douglas, Chandler, Lebron, Gallo, and Bosh, with some solid young players on the bench should put us in a good situation for the next 5 years.

hey Game
I agree 150%

No one in league wants to help Knicks. We're all in bad light with folks saying FAs should forget NY

So the answer is what u posted we can help ourselfs with drafts and picks
plenty this draft and next 2 seasons. We can use them as development or chips to deal later on
if needed.

All in all NBA is getting quite younger and good thing. Talent is increasing in NCAA and europe
players. Knicks should get in the mix and stay interested in draft.

No one likes to help us but we can help ourselves plenty and I like Walsh's thinking
we ain't begging no FA to come in here. NY Is a great town/ we want NBA guys whom want to be
a knick.

We'll see what Walsh does

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DJMUSIC
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6/16/2010  3:33 PM
djsunyc wrote:any 1st round pick will eat into cap space.

not really the late late picks it seems would leave NY in a decent spot
but it seems we won't know whom FA we'll get.

To me if LBJ aint here I dont want to spend any $$$ elsewhere
save it. The rest of NBA stars can stay in their own cities.

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Finestrg
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6/16/2010  3:36 PM    LAST EDITED: 6/16/2010  3:41 PM
crzymdups wrote:
djsunyc wrote:any 1st round pick will eat into cap space.

they supposedly have room to acquire one first round pick in the 25-30 range and still sign two maxes. that's based on the $56.1M cap projection.

a blank cap hold is $450,000. a first round contract in the 25-30 is like $1M. not a huge chunk.

That's the part I didn't realize -- the blank cap hold for every unused slot (up to 12 I'm assuming, right?). I just read about that the other day. I could've sworn I had read somewhere awhile back that you could exceed the cap to sign your own draft picks...Oh well, I guess I was mistaken about that...Too bad because I would've went after as many lower 1s as possible... As it stands now, I still believe our immediate goal should be to max this draft out the best we can -- if we only have room to get the one lower 1, so be it...Grab the highest 1st rounder we can get our hands on (and don't get outbid by Colangelo whatever you do ), and grab as many additional 2s as we can get as well. I'd love to come out of this draft with at least 4 players...Multiple 2s definitely looks like the way to go for us..Briggs is right -- not only can we get some decent value down there (this draft is pretty deep) but it appears to be the only way we can eventually exceed the cap and circumvent the whole '$450,000 cap hold amount placed on phantom players' which really annoys the shyt out of me btw. I mean it feels like the deck is stacked against us at every turn with anything cap-related... It's so hard to build a team in the NBA, esp. when you're trying to recover from as many blunders as we've had..
Finestrg
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6/16/2010  3:40 PM
Paladin55 wrote:
TheGame wrote:If I were Walsh, I would try to make some moves to get two more picks in the second round. With four second round picks, even our inept scouts should be able to find a diamond in the rough and draft someone that sticks. Given the fact that this is a solid draft, Walsh should load up on young talent now and hope something develops. We should also try to pick up some D-league gems like we did with Barron, who I would like to resign. Douglas, Chandler, Lebron, Gallo, and Bosh, with some solid young players on the bench should put us in a good situation for the next 5 years.

My feelings exactly. Shotgun approach to the draft. Pick up a late #1 and at least 4 2s, and while you hope that they all stick, finding 2-3 guys worth keeping is not bad. Hell, if we can't buy a late #1 pick up as many 2's as is feasible. Sign unpicked guys like Rautins and Wittman to the SL, pick up a few other guys, and we may be able to field a SL with only a few retreads. Maybe we can actually make some use of the DL this year by placing our own guys on a team.

By all accounts this is a pretty deep draft based on what you can read about the guys who should still be around when we pick.

Donnie can make use of Dolan's dough without having to worry about cap issues or paying a luxury tax. If the guy has the money, why not spend it.

Amen.
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Knicks again revisiting idea of purchasing few late 1st round 2010 nba draft picks: Specifically Grizzlies
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