Post#26 » by KnicksScholar24 » Thu Jul 2, 2015 7:16 am
I was SHOCKED when I heard this!
Shumpert is not worth half of that. Maybe not even a third of that. But I guess with the cap spiking over the next two years, that deal isn't viewed as bad.
Iman is an overrated defender (only decent at man-to-man d) who is a career 40% shooter. He is a player who hasn't improved since he's gotten in the league. His poor showing in the Finals apparently didn't do anything to hurt his value.
The only bad news for Shumpert (drafted 17th in 2011 draft) is that he didn't get a $95 million contract like Jimmy Butler (drafted 30th in the same year) did. Both players were rated pretty close to each other in their rookie season, but Shumpert's poor off-season work ethic (for basketball, not rapping) cost him $50 million.
Contracts are expected to get even more ridiculous over the next two seasons. Since the cap is so high, no team really needs to worry about any potential albatross contract that the Knicks had to deal with the past decade and a half.
I had a hard time today adjusting to the new reality of the NBA. I can even judge what is a good deal anymore.
Mediocre players are get 70+ million deals. The deals have been so crazy (and it's been mostly their own teams drastically "overpaying" them) that the market value for an average player is what a star player would have been worth 4-5 years ago. There is certainly a "bubble" brewing here. Hopefully the second day of free agency will calm things down.
I was also shocked that the Cavs were able to keep Mozgov, Love, and Thompson. In the past, they probably would have had to give up one or two of those guys. Expiring contracts, like Joe Johnson's, next season wouldn't even be that big of an asset because of this reason.
The teams with legitimate cap space (like the Knicks, Lakers, Mavs) could be out in the cold because there are so many teams willing to overpay to keep their own players, since there is no longer term penalty (until said player becomes completely useless), which may have prevent teams in the past from going over the cap to retain their own guys. Teams like the Spurs have a drastic advantage over large-available-cap-space teams (like L.A. & N.Y.), all things being equal, in terms of have a max salary slot available.
Today marked the beginning of a new day in the NBA.
It's hard being a Knicks fan...