Gallo8 wrote:defjux21 wrote:Houston99 wrote:can someone please explain what the cap sitution looks like next year. lets say we let everyone expire and sign melo what do we have left? and is there way we can somehow sign chandler and melo. i really dont want to loose fields gallo and chandler.
FieldsMedal wrote:This the the Knicks 2011-2010 committed guaranteed salaries (in millions)
1. Stat 18.2
2. Felton 7.6
3. Turiaf 4.4
4. Mozgov 3.3
5. Gallinari 4.2
6. Randolph 2.9
7. Douglas 1.1
8. Walker .9
That's $42.6m
Now 9.) Fields is non-guaranteed, but that's a moot point. Let's add his $800k. We'll leave off Rautins $800k (also non--guaranteed) and consider him a minor casualty.
$43.4m
Shawne Williams will be an UFA and the Knicks will have no Bird Rights for him. They'd need pure cap space or use of the MLE (we'll get to that) to sign him (unless for another minimum contract). If he shows anything worth more than the minimum (think Earl Baron last year), he's your second casualty.
Knicks have a 10.) 2011 1st round draft pick, and assuming it's between 15 (around $1.5m) and 23rd (about $1m), we're split the difference and add $1.25m
You're up to $44.65m
Azubuike has a $6.6m cap hold. He's gone too.
Teams under the cap effectively loose use of the MLE, so that's about $5.8m the Knicks can't spend on the MLE.
Likewise the bi-annual exception (valued at $2.18m next year).
So we're already cut loose Rautins, and Azubuike, use of two exceptions worth $5.8m and $2.18m, which effectively cuts loose Williams.
Which bring us to 11.) Wilson Chandler.
$3.1m qualifying offer, $6.4m cap hold (the $6.4m is his cap figure until he either signs his QO, signs an contract with another team or is renounced by the Knicks).
But let's be (extreme) optimists and say he agrees to the QO.
Knicks cap figure is now $47.75m.
The 2010-11 cap is $58m. Let's assume it goes up to $60m in 2011-12.
Knicks would now have $12.25m to sign Carmelo Anthony, who as things stand right now, would be eligible for an $18m starting salary.
Assuming he wants it, Knicks are $5.75m short.
So if you want to keep Chandler (assuming he sighs for QO) you got to trade away at least $5.75m of salary, but only to teams with cap room that don't have to send any salary back.
And even IF you're willing to let Chandler go and renounce him, you're still $2.65m short.
So in re-summary, getting 'Melo for "nothing" likely costs you Chandler, Azubuike, Rautins, Williams, and two free agents exceptions worth $5.8m and $2.18, plus ANOTHER $2.65m in salary from somewhere(?)
As it stands, Randolph, Mozgov or Turiaf is really the only contracts that can come from (Walker AND Douglas perhaps if Anthony is willing to take a little less).
Which exactly why it makes sense for the Knicks to sacrafice Cap flexibility to keep their current prospects. The way the cap works its much better to be $1 over than 7 million under.
Make a trade to keep our prospects but using our current cap flexibility to take on Denver's bad contracts like Harrington and Andersen.
YES WE KNOW NO ONE LIKES HARRINGTON BUT IF YOU LIKE MELO, GALLO, WILSON, FIELDS, and 5.8 MILLION TO SPEND ON A CENTER LIKE PERKINS, DALEMBERT, TYSON CHANDLER THEN ITS WORTH AL BUCKETS RIDING THE BENCH UNTIL WE CAN FIND A SUITABLE TRADE PARTNER (sorry venting)
it makes more sense to get him now
you retain all your summer goodies (mle/first rounder)
you get to see this year what personnel changes are needed to fix the roster (instead of waiting till next year to see how the group plays out)
you can use remaining contracts to acquire more talent this year as bad teams look to unload contracts (Ive repeated myself, but the AZU/MOz is a great expiring combo package for a team)
so while you lose a prospect or 2, building a team around the core of felton,amare, melo can be done faster
