yardbarker

NCAA Wiretap Headlines

Lee's Cap Hold Revisited....Nail In Coffin

Moderators: moocow007, magnumt, Brooklyn_Yards, Thugger HBC, j4remi, GONYK, Thorn, mrpoetryNmotion, NoLayupRule

Post#1 Lee's Cap Hold Revisited....Nail In Coffin
Fri Apr 16, 2010 11:20 pm by TheBluest

YIKES I think his cap hold is higher than presumed.

We've been using a figure of $10.5mil. But I checked the asterisk on Larry Coon and didn't catch this one detail

Larry Bird, except when coming off rookie scale contract At least the average salary 150% of his previous salary*


Footnote says....

* Not to exceed the player's maximum salary, based on years of service (see question number 11). If the difference in salary between the last two seasons of the player's contract exceeded $4 million, then the percentage is based on the average salary in the last two seasons of the contract.


Well Lee's cap % hit is not to exceed Maximum Salary based on yrs of service using 25% of the new $56.1mil projected figure. Since Lee is only a 5th year player he's entitled to $14.025mil.<-----Pay attention to that figure here's where it gets dicey....Before we gave Lee $7mil this year he had a QO of $2.7mil(2009-2010) and a salary of $1,788,033(2008-2009). Now if you take either of those two figures his QO or his 2008-2009 salary and subtract it from $7mil you will have a bigger difference than $4mil... but let's use both for this example

Link to Lee and Nate's QO's ---------> QO's

~$7,000,000
-$2,700,000
$4,300,000

or

~$7,000,000
-$1,788,033
$5,211,967


For the record I don't think his QO salary pertains here because it would have been a 2009-2010 salary not qualifying as "last 2 seasons" or the difference would have been bewteen $2.7 and $1,788,033.....

but with example given both figures are greater than $4mil. Well you know what that means according to Larry Coon's breakdown above? You have to take the average of the last 2 seasons....

2009-2010/$7,000,000 + 2008-2009(Sal)$1,788,033=$8,788,033/2=$4,394,017 *

^^^^^^The figure in bold is not
Larry Bird, except when coming off rookie scale contract At least the average salary 150% of his previous salary*


Therefore

The other LC rule applies which is....

Larry Bird, except when coming off rookie scale contract Below the average salary 200% of his previous salary*


Lee's $7mil * 200% comes to $14mil just right under $14.025mil

Bye Lee Image


Now you may be thinking Oh no why did you go on such a witch hunt for this info. Well I didn't. I read this article from Sheridan and thought he was wrong and wanted to verify the info

http://espn.go.com/blog/new-york/knicks/post/_/id/30/barring-trade-knicks-roster-will-have-seven-keepers-after-july-1


Funny thing is I'm pretty positive he applied the same 200% rule to Duhon and No Sharrington except they make At least the average salary and have the past 2 seasons... so their hits should be 150%

Anyway check out this article from Sheridan

http://espn.go.com/blog/truehoop/post/_/id/14992/the-knicks-secret-weapon-the-unlikely-bonus
TheBluest
RealGM
Posts: 25,853
And1: 4
Joined: Aug 30, 2006
Location: Lottery Bound...Banned From UK 2-11-09 @ 12:30 am by Martin LOL!
Top

Post#2 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:25 pm by TheBluest

He has to be wrong because his new deal is a new contract right? It's not a continuation or is this to be understood as concurrent contracts with one team? But then again how could you create that big of a difference on one existing contract between 2yrs?

We need Kos to verify this. I see a technicality here
TheBluest
RealGM
Posts: 25,853
And1: 4
Joined: Aug 30, 2006
Location: Lottery Bound...Banned From UK 2-11-09 @ 12:30 am by Martin LOL!
Top

Post#3 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:49 pm by Jay10

what is so special about david lee?
Phil Zen on Melo: "If it's in the cards man are we fortunate. If it's not in the cards, man are we fortunate and we're going forward anyway.

“I was going to have a wardrobe as nice as Derek’s, but the NBA took the money.” - Phil Jackson
Jay10
RealGM
Posts: 21,772
And1: 1,562
Joined: Jan 31, 2010
Location: New York
Top

Post#4 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:53 pm by Childs2Dudley

Do you live off making negative threads?

Seriously bro, relax yourself.
Childs2Dudley
Starter
Posts: 2,288
And1: 0
Joined: Mar 19, 2010
Top

Post#5 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:53 pm by Jay10

lol
Phil Zen on Melo: "If it's in the cards man are we fortunate. If it's not in the cards, man are we fortunate and we're going forward anyway.

“I was going to have a wardrobe as nice as Derek’s, but the NBA took the money.” - Phil Jackson
Jay10
RealGM
Posts: 21,772
And1: 1,562
Joined: Jan 31, 2010
Location: New York
Top

Post#6 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:54 pm by Jay10

TheBluest = Mike Francesa ?
Phil Zen on Melo: "If it's in the cards man are we fortunate. If it's not in the cards, man are we fortunate and we're going forward anyway.

“I was going to have a wardrobe as nice as Derek’s, but the NBA took the money.” - Phil Jackson
Jay10
RealGM
Posts: 21,772
And1: 1,562
Joined: Jan 31, 2010
Location: New York
Top

Post#7 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:55 pm by FutureKnicksGM

Does it make a difference? Either way his cap hold is less than 1 max slot right?
So we renounce everyone but Lee. Sign one max(LeBron), then try and sign another(Bosh). If the other max agrees to sign then we renounce Lee and sign the max F.A. If no other max F.A wants to come to NY, then we still have Lee.
FutureKnicksGM

Assistant Coach
User avatar
Posts: 4,181
And1: 158
Joined: Sep 26, 2005
Location: #Knickstape
Top

Post#8 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:57 pm by TheBluest

Childs2Dudley wrote:Do you live off making negative threads?

Seriously bro, relax yourself.


I think Lee's situation is the biggest thing going as of now until the Playoffs are over but what did you think of the last link? Because if you clicked on it you would have saw I ended the post on a positive note. Lee's situation requires a little bit of detail of explanation. I'm not sure if Sheridan is right concerning his hold.
TheBluest
RealGM
Posts: 25,853
And1: 4
Joined: Aug 30, 2006
Location: Lottery Bound...Banned From UK 2-11-09 @ 12:30 am by Martin LOL!
Top

Post#9 Re: Lee's Cap Hold Revisited....Nail In Coffi
Fri Apr 16, 2010 11:58 pm by czoneny

Image

Image
czoneny
Veteran
Posts: 2,991
And1: 1
Joined: Feb 12, 2010
Top

Post#10 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 12:00 am by nykfan42

Isn't it pretty much a sure thing that they're renouncing his rights which would make his cap hold and this thread meaningless?
"I am by no means an expert in basketball"
-James Dolan
nykfan42
Starter
User avatar
Posts: 2,390
And1: 358
Joined: Mar 18, 2009
Location: long island
Top

Post#11 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 12:11 am by ITGM

nykfan42 wrote:Isn't it pretty much a sure thing that they're renouncing his rights which would make his cap hold and this thread meaningless?


yup
Image
'You know the sad thing about betrayal? It never comes from an enemy." - J.R Smith
ITGM
RealGM
User avatar
Posts: 16,249
And1: 1,608
Joined: Jan 16, 2008
Top

Post#12 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 12:15 am by Deeeez Knicks

Image
New Orleans
C: Nene | Biyombo | Motiejunas
PF: Ibaka | Tobias Harris | MotieJunas | Clint Capela
SF: Gallo | Tobias Harris | J. Crowder
SG: Kobe | Ben McLemore | Mo Williams
PG: Calderon | Steve Nash | Mo Williams
Deeeez Knicks


RealGM
User avatar
Posts: 17,560
And1: 1,908
Joined: Nov 11, 2004
Location: Bar stool
Top

Post#13 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 12:17 am by nykfan42

Just trollin.
"I am by no means an expert in basketball"
-James Dolan
nykfan42
Starter
User avatar
Posts: 2,390
And1: 358
Joined: Mar 18, 2009
Location: long island
Top

Post#14 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 12:20 am by Subway Token

I didn't bother reading this mumbo jumbo.. so what's your final verdict?
BAT 11.0 - Oklahoma City Thunder
G: Mike Conley Jr / Norris Cole
G: Kevin Martin /Leandro Barbosa
F:Al-Farouq Aminu/Doug McDermott
F: Pau Gasol / Udonis Haslem / Pero Antic
C: Andre Drummond / Pero Antic
221, 260, 281, 320, 341, 380
Subway Token
RealGM
User avatar
Posts: 13,250
And1: 125
Joined: Aug 26, 2009
Location: Formerly knicksfan5494/NetsFanCheryl
Top

Post#15 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 12:25 am by nykfan42

knicksfan5494 wrote:I didn't bother reading this mumbo jumbo.. so what's your final verdict?

That this thread is a waste of internet space. It's been said a million times that the Knicks are renouncing Lee to avoid the cap hold. They HAVE to if they want to retain him and sign an impact player. I don't know why I'm even posting this nonsense of a thread.
"I am by no means an expert in basketball"
-James Dolan
nykfan42
Starter
User avatar
Posts: 2,390
And1: 358
Joined: Mar 18, 2009
Location: long island
Top

Post#16 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 12:51 am by StutterStep

Thread was too complex for them!

I see what you're getting at...will check out the article another time.
StutterStep
RealGM
Posts: 30,395
And1: 44
Joined: Jul 4, 2005
Location: WAIVED
Top

Post#17 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 2:38 am by aq_ua

Could someone explain to me why we need to retain David Lee's bird rights when we have so much cap space this offseason that we can sign him to any contract we want outright without having to worry about his cap hold?
aq_ua
Retired Mod
Retired Mod
User avatar
Posts: 11,674
And1: 539
Joined: May 7, 2002
Location: Optimistic but realistic
Top

Post#18 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 3:21 am by czoneny

Bluest should change his name to Darkest, most of his scenarios involve despair and cars being burned and max contracts to Chris Duhon and JR Giddens.
czoneny
Veteran
Posts: 2,991
And1: 1
Joined: Feb 12, 2010
Top

Post#19 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 4:27 am by duetta

aq_ua wrote:Could someone explain to me why we need to retain David Lee's bird rights when we have so much cap space this offseason that we can sign him to any contract we want outright without having to worry about his cap hold?


For sign & trade purposes.
duetta
Retired Mod
Retired Mod
Posts: 20,786
And1: 608
Joined: Aug 27, 2002
Location: Patrolling the middle....
Top

Post#20 Re: Lee's Cap Hold Revisited....Nail In Coffi
Sat Apr 17, 2010 6:59 am by knicks742

pennyspree wrote:Does it make a difference? Either way his cap hold is less than 1 max slot right?
So we renounce everyone but Lee. Sign one max(LeBron), then try and sign another(Bosh). If the other max agrees to sign then we renounce Lee and sign the max F.A. If no other max F.A wants to come to NY, then we still have Lee.


This.

I think his cap hold was an issue when we didn't have the 2nd max slot but now, why does it matter? Anyways, we don't have to renounce anyone until we are ready to sign free agents. At the very least, we'll have the moratorium period to determine if we need to renounce him or not. What am I missing Bluest or Stutter?
knicks742
Retired Mod
Retired Mod
User avatar
Posts: 18,357
And1: 20
Joined: Jul 30, 2006
Location: Watching the Knicks and Nuggets at Boxers
Top

Next

Return to New York Knicks


Who is online

Users browsing this forum: [GR], blackbishop, Capn'O, ComboGuardCity, daBockas, Error Afflalo, Fat Kat, fazzk7, hsb, Jstarks3, Loisl, MetaKnick13, Newyorknick94, Nitro1118, ny-n-md, Nyk_Fatboy, NyKnicks1714, Pharmcat , Sark, Steve McGarrett