RealGM

StocktonShorts wrote:Did we just trade Scott Layden for Dennis Lindsey?

by Fido on Tue Aug 28, 2012 5:37 am
Could this be a bit of Sloan's guys moving on and Corbin getting his guys in place? It was interesting how Corbin never really had a chance to assemble his staff when he took over since it was mid-season. With the recent personnel changes it sure feels a bit like a changing of the guard so to speak.

nghedman wrote:I think he has been awesome. All the times he has spoken at conferences, pre-games or even on the radio I've been nothing but impressed. He knows his basketball. The GM disaster is chalked up to Isaiah Thomas in my book not Layden..

Despite the accolades, though, Houston's lasting legacy may be something that happened off the court: In 2001, Houston signed a maximum contract extension with the Knicks. Houston's yearly salary of over $20 million made him virtually untradeable and injury problems would burden the Knicks. Houston missed 32 games in 2003-04 due to a knee injury, and despite claims in the summer of 2004 that he would be ready to play the next season (he even refused to have surgery on his knee that summer), he played in only 20 games that season because his injury hadn't completely healed. The knee injury would eventually force Houston to announce his retirement, on October 17, 2005.
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"Allan Houston Rule"
In 2005, the NBA agreed on a new collective bargaining agreement (CBA). The most striking innovation granted NBA teams a one-time option to release a player without his contract counting against the luxury tax threshold regardless of how long or how rich the contract was. The provision did not negate the player's contract, a team's obligation to pay the player, or the impact on the salary cap; it merely removed the player's salary when computing the luxury tax. This rule benefited teams that were in danger of facing the "luxury tax" penalty, a tax paid on salaries spent above a certain threshold of total team salary. The correct term is "amnesty clause," but because the team with the worst problems was the Knicks, and their worst financial liability was Houston, it was quickly dubbed the "Allan Houston Rule."[11] Ironically, the Knicks chose not to use the exception for Houston, but for forward Jerome Williams instead, since the Knicks correctly predicted Houston would retire due to lingering injuries over his last two seasons. As a result, Houston's contract counted a total of $40 million against the salary cap, but did not count towards the luxury tax due to his medical retirement, and insurance covered most of the team's payments to him.

by erudite23 on Wed Aug 29, 2012 11:09 am
That's overstating things to say the least. It was named the Allan Houston rule because he was widely considered to be the worst contract in the NBA at the time, but it wasn't his contract that prompted the exception.

Also, Layden is a good mind and good coach and good exec. Remember he did a great job of making moves in the FO during the 90s. There's a reason he was the man hired to run the league's most capitalized franchise. He just made some bad choices and overpaid for mediocre players. As an assistant coach and assistant GM, he's a great hire. He's had a fall from grace and its humbled him. I like the guy.

nghedman wrote: They had so many "chiefs in the kitchen"

The59Sound wrote:

nghedman wrote: They had so many "chiefs in the kitchen"