Can the Knicks use the Stretch provision on Amare

Dantares · Post #1 » by **Dantares** » Tue Jul 9, 2013 5:11 pm

under these circumstances. I know that u cannot stretch contracts that were signed prior to the new CBA but what if.....

Amare opts out in the summer of 2014 and the Knicks offer him a 1 year deal at the same salary he was due to make in 2015. The Knicks then use the stretch provision on Amare over 3 years. is it possible? and would the Knicks free cap-space by doing so?

ep1987 · Post #2 » by **ep1987** » Tue Jul 9, 2013 11:09 pm

Obvious circumvention of the cba; league office would disallow.

DBoys · Post #3 » by **DBoys** » Wed Jul 10, 2013 3:16 am

EDITED: Erasing my earlier comments - was thinking that the idea was to waive him and re-sign, rather than an ETO. Obviously, as giberish noted below, with an ETO rather than waiver, he would have Bird rights. So I've removed my erroneous notes to avoid confusion.

In any event, it still an absurdity anyhow. He's not going to consider opting out. (But if he did, NY could certainly sign him if they wanted to. SA did that with Richard Jefferson a few years ago.)

giberish · Post #4 » by **giberish** » Wed Jul 10, 2013 8:05 am

The Knicks obviously could resign Amare if he opted out - they'd have full Bird rights. It would be highly suspicious though and could get slapped down by the league office.

Even if it went through, the Knicks would be reducing their cap/tax hit in 2014-5, but adding ~$7M/yr in dead money on the cap/tax for the next two years - when they'd otherwise have a clean salary structure.