Warriors, Wolves, Thunder Interested In Joakim Noah If Bought Out

[RealGM Wiretap]

If Joakim Noah agrees upon a buyout from the New York Knicks before the deadline to become playoff eligible, he is expected to receive interest from a number of contending teams.

The Warriors, Timberwolves and Thunder are believed to have interest in signing Noah.

Minnesota would give Noah the opportunity to reunite with Tom Thibodeau.

Noah remains away from the Knicks following a January altercation at practice with Jeff Hornacek. Hornacek pushed Noah and Noah pushed him back before the two were separated.

Noah hasn’t addressed his status publicly since leaving. 

Noah signed a four-year, $72 million deal with the Knicks in 2016 and he has two seasons remaining on the deal. It would benefit the Knicks to wait on parting ways with Noah unless he took a significant reduction off the contract.

 

Via Frank Isola/New York Daily News

[12footrim]

So what. The knicks shouldn't even consider it unless he is willing to walk away from significant money. That's as far as the conversation would go unless he is walking away from like10 million a year or something. Even then it's better for the knicks to just take the money hit and get it over with since they aren't going anywhere anyway. Let him sit home and waste his remaining basketball years if he wants to collect all that money. They own him nothing more and if that's what he chooses just tell him to go home rather than cause problems. Simple as that, wishful thinking for every other team unless they want to talk a trade.

[Barcs]

Screw Noah. He's been trying to hold the knicks hostage and has no one to blame but himself for the fallout. Playtime is earned, not given. He couldn't earn it over Kyle O'quinn and Ennis. That's his own fault, plus he got himself suspended, and just expects to come back as full starter when he greatly under performed. The knicks should only buy him out if he loses most of that money. Otherwise they are just bending to his will and letting him dictate terms, when technically he should be held in violation of his contract for getting paid while sitting at home doing nothing.

[kenwood3333]

Why would the Warriors be interested? They have a lot of centers.

[nedleeds]

Noahs agent sucking Frankie Ice off to spam this fake news. Why would the Knicks do this? The longer they keep him while they tank the easier it will be to stretch him.

[nedleeds]

The knicks should only buy him out if he loses most of that money.

Doesn't work that way. Even if Noah took $5.00 full value still counts against the cap, only one saving money then is Dolan -- whose check book none of us give a **** about.

[spree2kawhi]

I wish him well.

[macNcheese3]

he could produce in a limited role. not the high energy guy he once was. thibs would kill whatever he has left in the tank.

[druggas]

Is he still in the NBA?

[Barcs]

The knicks should only buy him out if he loses most of that money.

Doesn't work that way. Even if Noah took $5.00 full value still counts against the cap, only one saving money then is Dolan -- whose check book none of us give a **** about.

Dang, that stinks. This why NBA cba is garbage. That would never fly in the NFL.

[Jalen Bluntson]

The knicks should only buy him out if he loses most of that money.

Doesn't work that way. Even if Noah took $5.00 full value still counts against the cap, only one saving money then is Dolan -- whose check book none of us give a **** about.

Dang, that stinks. This why NBA cba is garbage. That would never fly in the NFL.

Actually....it does come off the cap so....yeah.

[DaBulls Bros]

This isn’t fantasy basketball ... it BUSINESS! Noah is an intelligent man and has control of the situation as the coach attacked him first - leverage. Noah, keep all the cash and chill in the South of France.

[nedleeds]

Doesn't work that way. Even if Noah took $5.00 full value still counts against the cap, only one saving money then is Dolan -- whose check book none of us give a **** about.

Dang, that stinks. This why NBA cba is garbage. That would never fly in the NFL.

Actually....it does come off the cap so....yeah.

Yep, NFL you waive him and his salary is non guaranteed. It comes off your cap. But guaranteed money 'signing bonus', get prorated over contract life. And kick your cap in one shot if you waive a player.

[miltk]

gsw wins out. they have what noah wants at his age,,,the best chance at a ring. he won two banners at florida and he probably misses the feeling

[Jalen Bluntson]

Dang, that stinks. This why NBA cba is garbage. That would never fly in the NFL.

Actually....it does come off the cap so....yeah.

Yep, NFL you waive him and his salary is non guaranteed. It comes off your cap. But guaranteed money 'signing bonus', get prorated over contract life. And kick your cap in one shot if you waive a player.

I'm talking about Noah. If we buy him out for less it comes off the cap. Divided each year his regular contract was on the books.

[Sam195]

I don't see him getting bought out - I could see him flipped for an equally bad contract say Luol Deng in LA for similar money. Lakers don't want to buyout Deng either. Having dead cap space stretching their contracts won't serve either the knicks or lakers well trying to go after top free agents. Look at Brooklyn they stretched Deron WIlliams and will be paying him like 5.5m for three more seasons. If lakers or knicks stetch noah and deng they will have dead cap space for 5 seasons (2 yrs left times 2 plus 1)

[Fresh360Waves]

I don't see him getting bought out - I could see him flipped for an equally bad contract say Luol Deng in LA for similar money. Lakers don't want to buyout Deng either. Having dead cap space stretching their contracts won't serve either the knicks or lakers well trying to go after top free agents. Look at Brooklyn they stretched Deron WIlliams and will be paying him like 5.5m for three more seasons. If lakers or knicks stetch noah and deng they will have dead cap space for 5 seasons (2 yrs left times 2 plus 1)

Noah doesn't make sense for the Lakers and Deng doesn't make sense for the Knicks. Lakers will more than likely stretch Deng and just bite the bullet even if it's dead money for 5 seasons like you were saying.

[nedleeds]

Actually....it does come off the cap so....yeah.

Yep, NFL you waive him and his salary is non guaranteed. It comes off your cap. But guaranteed money 'signing bonus', get prorated over contract life. And kick your cap in one shot if you waive a player.

I'm talking about Noah. If we buy him out for less it comes off the cap. Divided each year his regular contract was on the books.

No it doesn't. Otherwise Dolan would have bought him out last year (and Amare, Arenas, Deng, Mozgov). His full salary counts year over year as it did in the contract. You might be thinking stretch. That won't help because he has so much money left and there's max years you can stretch to. Knicks are awful, capped out anyway, and tanking the next 2 years so let him go fishing. Then if we aren't **** by then stretch the last year and maybe sign a not THJr free agent.

[Jalen Bluntson]

Yep, NFL you waive him and his salary is non guaranteed. It comes off your cap. But guaranteed money 'signing bonus', get prorated over contract life. And kick your cap in one shot if you waive a player.

I'm talking about Noah. If we buy him out for less it comes off the cap. Divided each year his regular contract was on the books.

No it doesn't. Otherwise Dolan would have bought him out last year (and Amare, Arenas, Deng, Mozgov). His full salary counts year over year as it did in the contract. You might be thinking stretch. That won't help because he has so much money left and there's max years you can stretch to. Knicks are awful, capped out anyway, and tanking the next 2 years so let him go fishing. Then if we aren't **** by then stretch the last year and maybe sign a not THJr free agent.

Yes. It does. The amount discounted is taken off the cap. Prorated for whatever increase the original comtract had.

[Jalen Bluntson]

I'm talking about Noah. If we buy him out for less it comes off the cap. Divided each year his regular contract was on the books.

No it doesn't. Otherwise Dolan would have bought him out last year (and Amare, Arenas, Deng, Mozgov). His full salary counts year over year as it did in the contract. You might be thinking stretch. That won't help because he has so much money left and there's max years you can stretch to. Knicks are awful, capped out anyway, and tanking the next 2 years so let him go fishing. Then if we aren't **** by then stretch the last year and maybe sign a not THJr free agent.

Yes. It does. The amount discounted is taken off the cap. Prorated for whatever increase the original comtract had.

Here.

How do buy-outs affect a team's salary cap?

The agreed-upon buy-out amount (see question number 62) is included in the team salary instead of the salary called for in the contract. If the player had more than one season left on his contract, then the buy-out money is distributed among those seasons in proportion to the original salary. For example, say a player had three seasons remaining on his contract, with salaries of $10 million, $11 million and $12 million. The player and team agree to a buyout of $15 million. The $15 million is therefore charged to the team salary over the three seasons. Since the original contract had $33 million left to be paid, and $10 million is 30.3% of $33 million, 30.3% of the $15 million buyout, or $4.545 million, is included in the team salary in the first season following the buyout. Likewise, 33.33% of $15 million, or $5 million, is included in the team salary in the second season, and 36.36% of $15 million, or $5.455 million, is included in the team salary in the third season.

The distribution of the buy-out money is a matter of individual negotiation. Changing the number of years in which the money is paid does not change the number of years in which the team's team salary is charged. In the above example in which the player's contract is bought out with three seasons remaining, the buyout amount is always charged to the team salary over three seasons. It does not matter if the player is actually paid in a lump sum or over 20 years (a spread provision).