MarburyAnd1Crossover wrote:He's restricted! That means we can match anything the league throws at him.

I've read because he's a waiver wire pick-up, and under the new rules (of which I know little about first hand--so correct me if I'm wrong), the most the Knicks can offer is the MLE

This is bad news in the sense that if Lin plays well enough to be worth more than the Bi-Annual exception, the Knicks would be in a position where they would have to dip into the mid-level to pay him and if they do that, well, it is hard enough to get Steve Nash to come play for just the mid-level, see what he would do if you couldn’t even offer him $3 million. It wouldn’t be pretty.

One additional wrinkle is the ability of other teams to snatch Fields and Lin away from the Knicks. Both Fields and Lin are technically restricted free agents. However, due to the so-called “Gilbert Arenas provision,” other teams are limited in what they can offer Fields and Lin. They can only offer them up to the full mid-level. In the case of Fields, they Knicks would be able to match any offer and not have to touch their own mid-level exception (since they have Early Bird Rights on Fields). With Lin, though, they’d have to dip into their mid-level exception.

MarburyAnd1Crossover wrote:EMS posted an article in a thread a few days ago, I give you the highlight:

This is bad news in the sense that if Lin plays well enough to be worth more than the Bi-Annual exception, the Knicks would be in a position where they would have to dip into the mid-level to pay him and if they do that, well, it is hard enough to get Steve Nash to come play for just the mid-level, see what he would do if you couldn’t even offer him $3 million. It wouldn’t be pretty.

One additional wrinkle is the ability of other teams to snatch Fields and Lin away from the Knicks. Both Fields and Lin are technically restricted free agents. However, due to the so-called “Gilbert Arenas provision,” other teams are limited in what they can offer Fields and Lin. They can only offer them up to the full mid-level. In the case of Fields, they Knicks would be able to match any offer and not have to touch their own mid-level exception (since they have Early Bird Rights on Fields). With Lin, though, they’d have to dip into their mid-level exception.

it's conceviable that another team could come in over the MLE then?

martin wrote:

SupremeCommander wrote:

MarburyAnd1Crossover wrote:EMS posted an article in a thread a few days ago, I give you the highlight:

This is bad news in the sense that if Lin plays well enough to be worth more than the Bi-Annual exception, the Knicks would be in a position where they would have to dip into the mid-level to pay him and if they do that, well, it is hard enough to get Steve Nash to come play for just the mid-level, see what he would do if you couldn’t even offer him $3 million. It wouldn’t be pretty.

One additional wrinkle is the ability of other teams to snatch Fields and Lin away from the Knicks. Both Fields and Lin are technically restricted free agents. However, due to the so-called “Gilbert Arenas provision,” other teams are limited in what they can offer Fields and Lin. They can only offer them up to the full mid-level. In the case of Fields, they Knicks would be able to match any offer and not have to touch their own mid-level exception (since they have Early Bird Rights on Fields). With Lin, though, they’d have to dip into their mid-level exception.

it's conceviable that another team could come in over the MLE then?

no

http://offthedribble.blogs.nytimes.com/2012/02/11/knicks-in-a-position-to-keep-lin/

my heart rate immediately dropped

Nalod wrote:Basically Lin is a darn good extension of the coach.

Lin would be wise to wait until the coaching situation is sorted out before signing a contract.

What works with MDA might not fly with other teams.

MDA might have designs to leave anyway. THere are better owners to coach under.

i was trying to mull over money vs continuity vs family vs opportunity (of stable team) vs organization etc from MDA's perspective. if you in his shoes what would you want if you were to stay?

I would guess that Knicks would offer 2 year deal and MDA would probably demand 3.

Nalod wrote:

martin wrote:

Nalod wrote:Basically Lin is a darn good extension of the coach.

Lin would be wise to wait until the coaching situation is sorted out before signing a contract.

What works with MDA might not fly with other teams.

MDA might have designs to leave anyway. THere are better owners to coach under.

i was trying to mull over money vs continuity vs family vs opportunity (of stable team) vs organization etc from MDA's perspective. if you in his shoes what would you want if you were to stay?

I would guess that Knicks would offer 2 year deal and MDA would probably demand 3.

Before you do that, we have to have the management in place.

Grunwald? Mark WinkyDink?

GM>Coach>Players

Who is running this thing?

Isiah?

newyorknewyork wrote:If they signed JR Smith would that effect our mid level exception for next season?

no. If team over Salary line, then they get MLE, and I think they will be over.

EnySpree wrote:Bottom line don't worry guys

Lin needs the Knicks just as much as the Knicks need him.

eViL wrote:apparently that ****ing idiot Berman posted all the wrong info. anyway, here's the real deal, from me:

eViL wrote:ok. let's go through this step by step so we can all feel comfortable knowing Lin is gonna be a Knick for a long time (all quotes are from: https://webfiles.uci.edu/lcoon/cbafaq/salarycap.htm)

because the Knicks claimed Lin off of waivers this year, his "Bird Clock" reset:

26. How long must a player be with one team before the Larry Bird exception can be used?

The basic idea is that a player must play for the same team for three seasons for his team to gain Bird rights (two seasons for Early Bird rights). It can be a single three-year contract, a series of three one-year contracts, or any combination that adds up to three seasons (two for Early Bird). However there are a number of complications:

When a player is traded, his new team inherits his Bird rights. For example, if a player signs a three-year contract, plays two and a half seasons with that team, and is traded at the trade deadline in the third season, then his new team owns full Bird rights following the third season.

The player must complete his contract immediately prior to becoming a free agent, which essentially means he can't have been waived. If he signs a series of contracts, then this only applies to the last contract. If a team signs a player and waives him after one game, signs and waives him after one game again the next year, and in the third year signs him and keeps him the entire season, then they will have full Bird rights following the third season.

The clock resets when the player changes teams by signing as a free agent. An interesting case occurred in the 2008-09 season with Antonio McDyess, who had played exclusively for the Pistons since the 2004-05 season. In 2008-09 the Pistons traded him to the Nuggets, the Nuggets waived him, and he re-signed with the Pistons. Even though he only signed contracts with the Pistons and he completed his last contract without being waived, his Bird clock reset when he re-signed with the Pistons because he changed teams as a free agent.

The first season of the three-year tenure doesn't have to be a full season. If a player is waived and signs with another team in year one, then plays with his new team for two additional seasons, his new team will have full Bird rights following the third season.

If a player is waived and is claimed by another team before he clears waivers, then his Bird clock resets.

If a player is selected in an expansion draft, then his Bird clock resets.

10-Day contracts (see question number 68) don't count toward Bird rights.

If a team renounces a player (see question number 34), they can't use the Bird exception to re-sign him for one year.

because Lin is in only in his second year he is automatically restricted:

There are two types of free agency: unrestricted and restricted. An unrestricted free agent is free to sign with any other team, and there's nothing the player's original team can do to prevent it. Restricted free agency gives the player's original team the right to keep the player by matching an offer sheet the player signs with another team. This is called the "right of first refusal."

Restricted free agency exists only on a limited basis. It is allowed following the fourth year of rookie "scale" contracts for first round draft picks (see question number 42). It is also allowed for all veteran free agents who have been in the league three or fewer seasons. However, a first round draft pick becomes an unrestricted free agent following his second or third season if his team does not exercise its option to extend the player's rookie scale contract for the next season. All other free agency is limited to unrestricted free agency.

because Lin's bird clock is reset he does not qualify for Early Bird status with the Knicks, but he is restricted and qualifies for 120% of the veteran's minimum under the non-Bird exception:

NON-BIRD EXCEPTION -- This is also a component of the Veteran Free Agent exception. Its name is somewhat of a misnomer, since Non-Bird really is a form of Bird rights. Players who qualify for this exception are called "Non-Qualifying Veteran Free Agents" in the CBA. They are veteran free agents who are neither Qualifying Veteran Free Agents nor Early Qualifying Veteran Free Agents, either because they haven't met the criteria, or because they are Early Bird free agents following the second season of their rookie scale contract and whose team renounced the Early-Bird exception. This exception allows a team to re-sign its own free agent to a salary starting at up to 120% of the player's salary in the previous season, 120% of the minimum salary, or the amount needed to tender a qualifying offer (if the player is a restricted free agent -- see question number 37), whichever is greater. Raises are limited to 8% of the salary in the first year of the contract, and contracts are limited to five seasons when this exception is used.

A partial season counts as a full season for the tenure calculation related to Bird rights. If a team signs another team's free agent to a rest-of-season contract mid-way through the season, then at the end of that season the player is a non-Bird free agent.

Starting January 10 of each season, this exception begins to reduce in value. See question number 20 for details.

so since Lin is a second-year player with Non-Bird Veteran status the Knicks would have to dip into their MLE to re-sign him if another team offers him that much and he accepts:

With the previous CBA it was sometimes possible to sign restricted free agents to offer sheets their original teams couldn't match. This happened when a player was an Early Bird or Non-Bird free agent (see question number 19) and the team didn't have enough cap room to match a sufficiently large offer. For example, Gilbert Arenas was Golden State's second round draft pick in 2001, and became an Early Bird free agent in 2003. Golden State therefore could only match an offer sheet (or sign Arenas themselves) for up to the average salary (see question number 25), which was about $4.9 million. Washington signed Arenas to an offer sheet with a starting salary of about $8.5 million, which Golden State was powerless to match.

This loophole was addressed in the current CBA (although not closed completely -- see below). Teams are now limited in the salary they can offer in an offer sheet to a restricted free agent with one or two years in the league. The first-year salary in the offer sheet cannot be greater than the average salary (see question number 25). Limiting the first year salary in this way guarantees that the player's original team will be able to match the offer sheet by using the Early Bird exception (if applicable -- see question number 19), or Mid-Level exception (provided they haven't used it already).

thus, the Knicks will be able to use their Early Bird exception on Landry and match any offer for Lin as long as they save their MLE. however, if they sign Lin to a one-year deal at 120% of the vets minimum under the Non-Bird exception, they will have Early Bird rights for him in the following year.

you're welcome. now buy my band's CD. buy one of Buick's CD's. and go buy Elite's CD too.

you guys ever consider doing one of those horrible mash-up albums together? lol.