ceekay wrote:you're kidding right?just_decent wrote:what ppl don't realize is that a real-life franchise isn't like nba live
ps. for real, who are these 'people' that don't realize this?
New York Knicks: The New York Post reported Allan Houston isn't expected to be waived before the league's amnesty deadline Monday.
The Post said the team may waive one of four players to take advantage of the one-time league provision that allows teams to reduce their luxury tax liability. The three possible candidates are power forwards Malik Rose, Maurice Taylor and Jerome Williams. Also, the Knicks may waive the contract of Shandon Anderson, bought out last October, The Post said.
If the team waives Houston, it would save $39.8 million in luxury tax, the newspaper said. The provision in its new collective bargaining agreement is informally referred to as "The Allan Houston Rule."
The Knicks would prefer that Houston agree to a medical retirement, which would save them much more than just the luxury tax reduction of the amnesty rule. Houston would get every penny but insurance -- not the Knicks -- would pay 75 percent of Houston's $39.8 million in salary, minus a 20 percent deductible.
Sources close to Houston told The Post that Houston had not yet been informed of the Knicks' decision.
The Knicks can save $18 million if they waive Anderson's pact on Monday. The Knicks would save $18.8 million waiving Taylor, but his contract becomes a big asset next summer when it enters its final year. Rose, in contrast, has three years remaining and the Knicks could be relieved of $19.5 million in luxury tax.
Amphatoast wrote:yeah it also shows that the knicks might have some faith in houston.. would really hurt paying this guy a lot of money seeing him produce else where
Jae wrote:Allan Houston said he was only joking yesterday when he called himself an "overpaid, injured athlete,"
It's funny cause it's true.
Jeffx wrote:As a long-time Knick fan, it sickens me seeing what Dolan has done to this franchise(the Rangers too). We're a laughingstock around the league. I've read quotes from other GMs saying, "What is the Knicks plan?"
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