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How valuable is the MLE really?
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gunsnewing
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7/14/2012  12:42 PM    LAST EDITED: 7/14/2012  1:00 PM
People are up in arms about the third yr of Lins contract when the knicks core is ser with Melo, Amare, Tyson & Lin. What exactly are we going to do with the MLE offer it to Jerome James & Jared Jeffries? You are not bringing in a superstar. Look at the guys who are signing for the mle this yr. Is that extra 5mil on Lins deal really going to make a difference. Chances are we will be well over the luxury tax anyway. We will use the lle & vet min deals the next 3yrs and continue to go over. And also keep in mind that we will be well over the tax because Amare & Melo are making $20mil a piece. Not 16 like lebron, wade & bosh.

This flexibility thing is way overrated. The way I see it is $25mil is a nice compromise on both lin & the knicks part. It could've been 30-40 mil just as easily

We were talking about splitting the MLE because there wasn't 1 player worth the full mle. I mean its not like we just gave Brooks Lopez $60mil

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holfresh
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7/14/2012  12:54 PM

Come on..It's not overrated...As a Knicks fan most of all, we have all lived thru this organization making similar moves in the past years to have it bite us in the butt...We never get good value for these moves...We need the flexibly for injury or for other pieces needed to move to the next level... We can't as a 7th or 8th seed lock in the roster for the next three years, it simply idiotic...It's not even about Lin, it's about a team with pieces that is still a work in progress...I could see if we were a conference finals caliber team and we just needed that final piece but it's far from the case...
gunsnewing
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7/14/2012  1:03 PM
Like I said flexibility should not be blamed on Lin but on Melo & Amare. Once we paid then 20mil each we lost all flexibility. Fortunately Grunwald has been very creative in using the little resources left. And we will still have the lle, vet min and excellent scouting overseas to fill out the roster
VCoug
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7/14/2012  1:06 PM
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.
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
AnubisADL
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7/14/2012  1:09 PM
gunsnewing wrote:Like I said flexibility should not be blamed on Lin but on Melo & Amare. Once we paid then 20mil each we lost all flexibility. Fortunately Grunwald has been very creative in using the little resources left. And we will still have the lle, vet min and excellent scouting overseas to fill out the roster

Lin hasnt proven a dam thing. Amare and Melo have both PROVEN they are max players.

Lin has played 25 good games and the rest mediocre.

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gunsnewing
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7/14/2012  1:12 PM    LAST EDITED: 7/14/2012  1:13 PM
Exactly some people want to bring Fields back @20mil and not resign lin over $5mil extra when its clear who is more valuable to the team. One guy will be lucky to crack the rotation because he doesnt fill a need. The other is going to be counted on to be the captain of the ship for 35min a night.

Who are you going to get for the MLE who is more valuable to the knicks than pg Jeremy Lin?

VCoug
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7/14/2012  1:13 PM
AnubisADL wrote:
gunsnewing wrote:Like I said flexibility should not be blamed on Lin but on Melo & Amare. Once we paid then 20mil each we lost all flexibility. Fortunately Grunwald has been very creative in using the little resources left. And we will still have the lle, vet min and excellent scouting overseas to fill out the roster

Lin hasnt proven a dam thing. Amare and Melo have both PROVEN they are max players.

Lin has played 25 good games and the rest mediocre.

We won't have flexibility regardless if we resign Lin or not. That money is already being spent on the rest of the team. This isn't about whether or not Lin has proven himself. It's not about whether or not we'd rather have Lin or another player because resigning Lin doesn't affect our ability to get that other player. The only question is are we better off with Lin or without him?

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
holfresh
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7/14/2012  1:22 PM    LAST EDITED: 7/14/2012  1:23 PM
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..

VCoug
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7/14/2012  2:09 PM
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
holfresh
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7/14/2012  2:25 PM    LAST EDITED: 7/14/2012  2:32 PM
VCoug wrote:
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.


You are rounding up and down to suit your argument when these millions matters...Camby will be at 4.4 mil, Kidd at 3 mil, Novak at 3.7 mil and the luxury is at 70.7 mil...I also forgot about JR who will be at 2.8 mil if the contract goes that long...We don't know where the cap number will be set at...Small contracts you can trade to remain under the cap if need be...No telling what moves can be made now to maintain this picture...To say that adding 14.8 mil in 2014 won't have an effect on our threshold is grossly misstating the actual situation...

VCoug
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7/14/2012  2:50 PM
holfresh wrote:
VCoug wrote:
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.


You are rounding up and down to suit your argument when these millions matters...Camby will be at 4.4 mil, Kidd at 3 mil, Novak at 3.7 mil and the luxury is at 70.7 mil...I also forgot about JR who will be at 2.8 mil if the contract goes that long...We don't know where the cap number will be set at...Small contracts you can trade to remain under the cap if need be...No telling what moves can be made now to maintain this picture...To say that adding 14.8 mil in 2014 won't have an effect on our threshold is grossly misstating the actual situation...

Whatever rounding I did would be erased if we sign someone for more than the rookie minimum. Camby, Kidd, and Novak will be making those amounts assuming they aren't getting any raises but usually there are raises built into contracts so those three will be making more than that. And no, I didn't include JR because he only signed a 2-year extension. If you'd like to include him then add another $3M to the total. No, we don't know where the cap will be but I feel confident saying it won't increase by the amount we would need. I'm not misstating anything, regardless of whether or not we match Lin's contract there's virtually no chance we'll be able to use the full MLE or the BAE.

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
How valuable is the MLE really?

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