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crzymdups
Posts: 52018 Alba Posts: 0 Joined: 5/1/2004 Member: #671 USA |
![]() http://www.newsday.com/news/sources-knicks-likely-to-win-lin-novak-cases-1.3812585?utm_source=twitterfeed&utm_medium=twitter
GREENBURGH, N.Y. -- The Knicks appear to be headed to their second offseason victory in a week, and just in time for free agency. Two league sources said the NBA and the players union are nearing a settlement in the "Bird" rights case involving Lin and Steve Novak. One of the sources believed both would receive some form of "Bird" rights, which should allow the Knicks to re-sign Lin and Novak without using their free-agent exceptions. Both sources said talks were ongoing and that a settlement is expected before free agency begins Sunday. "Both sides are working hard on it," one source said. "Both sides would like to put this behind them." The Knicks drafted 6-8 Greek small forward Kostas Papanikolaou with the 48th pick last night. He's considered a good shooter, slasher and defender. But he won't play here for at least one more year. Papanikolaou plays for Olympiakos and doesn't have a buyout until 2013. Now the Knicks will turn their attention to free agency and players who can help immediately, and they hope to have as much flexibility as possible to improve their roster. Last Friday, arbitrator Kenneth Dam ruled for the players union and granted "early Bird" rights to Lin and Novak. If in the settlement Lin and Novak have full "early Bird rights," the Knicks, who are over the salary cap, can pay them up to 104.5 percent of the average salary, or about $5.5 million. They could spend the midlevel and lower-level exceptions on other free agents. The Knicks would be handcuffed if this matter went into free agency. They need to upgrade and add depth to the backcourt. If they can use their full midlevel, it could put them in better position to pursue Steve Nash, Jason Kidd, Raymond Felton and Ray Allen. Without Bird rights, the Knicks likely would have to spend all of the $5 million midlevel exception to re-sign or match offers for Lin, a restricted free agent who can't get more than the $5.2 million average salary from other teams. Some details still must be ironed out before the agreement -- which the New York Times first reported was close -- is reached. Dam's ruling was surprising because the collective bargaining agreement states players can't be waived or sign with teams as free agents and retain their Bird rights. The NBA planned to appeal Dam's decision, but that process would have extended into free agency, so the sides began talks this week with expectations it would be decided by Saturday night. "I sure hope so," one source said. "If not, it will be a mess." The Dolan family owns controlling interest in the Knicks, Madison Square Garden and Cablevision. Cablevision owns Newsday. ¿ △ ?
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crzymdups
Posts: 52018 Alba Posts: 0 Joined: 5/1/2004 Member: #671 USA |
![]() this is bigger news than the 48th pick.
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ChuckBuck
Posts: 28851 Alba Posts: 11 Joined: 1/3/2012 Member: #3806 USA |
![]() If they can get Foye in free agency it'll ease the pain of passing on DJO and Machado.
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crzymdups
Posts: 52018 Alba Posts: 0 Joined: 5/1/2004 Member: #671 USA |
![]() boston just had a fantastic draft. i think rumors of their demise have been greatly exaggerated
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