Posted by islesfan:
First, if you could release a player and take him off your cap, what's the point of a salary cap? All this does is save Dolan money. The Knicks payroll is a bottomless pit anyway so I doubt it would have made a difference, Dolan would keep spending regardless.
Secondly, if expiring contracts are such a great asset, why would the Knicks want to get rid of Houston for nothing when they can keep him for another year and use his $20+ mil expiring contract in a trade? Did Houston disrespect Isiah and miss his end of season meeting with him, ala Shandon Anderson?
did you read what i posted? the Knicks stand to save themselves $40 million in luxury tax payments if they release Allan Houston...he'll still be on the cap, but they won't have to pay that luxury tax money on his contract...saving $40 million isn't chump change...of course this is something they'd be interested in.
After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.