holfresh wrote:VCoug wrote:It's pretty valuable and really the only way to sign free agents once a team is over the cap. What most of the board seems to be missing is that, whether or not we match Lin's offer sheet, we're still going to be over the luxury tax and we're still going to be limited to the mini-MLE. The choice is between having Lin and offering a future free agent $3M/year and not having Lin and offering a future free agent $3M/year. The only affect that Lin's contract will have is how much luxury tax Dolan will have to pay, period.
I'm not sure how u arrive at that conclusion given the luxury tax threshold hasn't been set yet for that year and is currently at 70.7 mil I believe for next season...The Knicks will be under that even if we added another 5 mil per on the books after we add Camby and Kidd...Which means we will be able to have the MLE if we remain under the luxury tax threshold..
In year 3 of Lin's contract, the year that everyone is freaking out about, we already have $61.5M committed to Melo, Amare, and Tyson. We have a team option for Shumpert of $2.7M, which I'm going to assume that we pick up, that brings the cap number to $64M. We'll be paying Kidd and Camby around $8M combined which brings us to $72M. Steve Novak will be getting paid around $4M which brings us to $76M. We have a first round pick next year that will cost us around $1.5M and brings us to $77.5M. We still have 4 spots to fill and even if we sign UDFA's for those spots we'd still be spending a combined $2M bringing our total salary in 2014-2015 to at least $79.5M. If we use our MLE in either of the next two years you can add another $2.5M for each time we use it.
This year the luxury tax kicks in at $70M and the penalties regarding player salaries start when a team goes $4M over the luxury tax; that number includes the MLE if you use it that year. We would need the luxury tax plus the $4M apron to increase to $86M minimum in order to use the full MLE that season. If we also want to use the BAE we'd need it to increase to $88M. I'm going to guarantee that the luxury tax threshold does not increase by a minimum of $12M after the next two seasons.
Now the joy of my world is in Zion
How beautiful if nothing more
Than to wait at Zion's door
I've never been in love like this before
Now let me pray to keep you from
The perils that will surely come