When asked on Sunday if he thought Lin would be back with the Knicks, Carmelo Anthony was unsure but took a swipe at the Rockets' contract offer to the point guard
"It's not up to me. It's up to the organization to say that they want to match that ridiculous contract," he told the paper.
I can't believe the guy who essentially admitted he wasn't playing hard on defense under D'Antoni -- in a season where he was earning $19M just for that one season, and another $44M for the following two seasons -- has the chutzpah to say anyone else's contract is ridiculous.
The contract is indeed ridiculous and designed specifically to ensure the Knicks couldn't match it in the third year. Melo isn't talking about the overall money number or being jealous here, he's stating a fact.
More Jeremy Lin racism on ESPN... Stuart Scott said "Lin's rise to fame"... very subtle Stu but I see what you did there.
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Am I the only one who thinks that people like you who sees racism in simple things/words are the ones who are racists?
If he goes to rockets what would their starting five be?
Lin would more than make that money back (including the salary cap's luxury tax) for MSG just for his Asian marketability. And as for the cap itself, the Knicks would have been grievously over the cap even without Lin's contract. It's a lot of money, yes, but the Knicks got themselves into this situation by overpaying for Stoudemire and Melo (and paying market value for Chandler) earlier anyways, then sending Lin out to find market value in an offseason where there weren't enough good free agent PGs to go around.
Lin would more than make that money back (including the salary cap's luxury tax) for MSG just for his Asian marketability. And as for the cap itself, the Knicks would have been grievously over the cap even without Lin's contract. It's a lot of money, yes, but the Knicks got themselves into this situation by overpaying for Stoudemire and Melo (and paying market value for Chandler) earlier anyways, then sending Lin out to find market value in an offseason where there weren't enough good free agent PGs to go around.
If he goes to rockets what would their starting five be?
Lin would more than make that money back (including the salary cap's luxury tax) for MSG just for his Asian marketability. And as for the cap itself, the Knicks would have been grievously over the cap even without Lin's contract. It's a lot of money, yes, but the Knicks got themselves into this situation by overpaying for Stoudemire and Melo (and paying market value for Chandler) earlier anyways, then sending Lin out to find market value in an offseason where there weren't enough good free agent PGs to go around.
So, is Lin worth it? The answer is: Only if he's a good player--and even then, if his financial value is fleeting, not at a premium rate. Only your play pays the bills.
If he goes to rockets what would their starting five be?
They'd be way over the cap already anyways! And, if he wasn't worth the money that year, he would be a giant expiring contract! GMs actually love those!How does him making money for MSG change the fact that the third year fucks up the Knicks' cap given the pieces they have on the books?
Lin is not worth the $14.8 million for a single season, let alone the $40-50 million that year alone might cost the Knicks with cap penalties. He's just not that good. It's a ridiculous contract.
http://www.nytimes.com/2012/07/18/s...n-rockets-offer-sheet.html?_r=1&smid=tw-shareThe Knicks plan to cut ties with Jeremy Lin on Tuesday night, according to a person briefed on the decision, ending a brief, spectacular and now bittersweet love affair between the 23-year-old point guard and his adoring fan base. Lin will play next season for the Houston Rockets, who signed him to a three-year, $25.1 million offer sheet that the Knicks have elected not to match.
The Knicks are not expected to announce their decision until this evening, and there is still a chance albeit incredibly small that it could be reversed. But as of 4 p.m. the decision had been made and was considered final by those with knowledge of the deliberations. Indeed, the deliberations were said to be over.
He's not worth that kind of money. I'd rather have fat Felton.Lin is not worth the $14.8 million for a single season, let alone the $40-50 million that year alone might cost the Knicks with cap penalties. He's just not that good. It's a ridiculous contract.
So think of it like him averaging a bit over $8M a season then.Lin is not worth the $14.8 million for a single season, let alone the $40-50 million that year alone might cost the Knicks with cap penalties. He's just not that good. It's a ridiculous contract.
So think of it like him averaging a bit over $8M a season then.
And as for the luxury tax stuff, it's not like he'll be paid the luxury tax. That's from the Knicks to the non-taxpaying teams, and it could be mitigated by the stretch provision if he's waived in the third year or they could trade him, or they could trade or waive someone else to get under one of the luxury tax thresholds.
That's not how it works.
But the CBA contains a stretch provision clause that allows a team to waive a player with an odorous contract and spread the remaining years out over twice the number of years, plus one.
So say the Knicks waive Lin after he completes two years of the 3-year, $25.1 million deal with $14.9 in that third year. They could stretch the third year payment over three years (one year, times two, plus one) and the salary would only cost $5 million against the Knicks cap. The luxury tax would them also be in line.
And if after two years the Knicks determine Lin is worth every penny, they could keep him and perhaps use the provision on a different player. Lin's contract, of course, would stay the same.
So think of it like him averaging a bit over $8M a season then.
And as for the luxury tax stuff, it's not like he'll be paid the luxury tax. That's from the Knicks to the non-taxpaying teams, and it could be mitigated by the stretch provision if he's waived in the third year or they could trade him, or they could trade or waive someone else to get under one of the luxury tax thresholds
You have about as good an understanding of the salary cap as Isiah Thomas. The Knicks contracts are unreadable, and even if they can Lin in the final year, they have to take back the same amount of salary.
Joe Johnson was considered untradeable too, wasn't he?
Joe Johnson was considered untradeable too, wasn't he?
Joe Johnson also doesn't have uninsurabale knees and a bad back.
also Billy King is kinda stupid....
Really? No Deron Williams without JJ. For them that was a no brainer.
Well now that the Rockets have landed him with limited cap space to build around Lin, let's predict their win % over the next 3 years. I'll go with 25%, but ticket sales will be great! Just what Morey wanted.
Have you not been paying attention to the offseason? The one thing the Rockets have is Cap Space and good young players. I hope we don't waste it on a guy that doesn't want to be here (Howard).
Well we just threw away $15 million, which is what we'll be giving Lin in year 3. where does that leave us?
The Rockets "only" pay 8.something a year for three years. That 15 million provision would only have been if the Knicks brought him back.
Nope.
Well we just threw away $15 million, which is what we'll be giving Lin in year 3. where does that leave us?
Lin gets paid 5 5 15. The hit on the cap space is spread evenly.Contract is spread out to like 8 8 9 for rockets due to some rule allowing them to spread it through the 3 years, only knicks would have had to pay it 5 5 15.