Knicked_Up wrote:Striders wrote:A new "renegotiation and extension" provision allows an existing contract to be renegotiated so the player is paid a smaller amount over a longer period, but the player's salary cannot decrease by more than 40 percent. Renegotiations previously could only increase a player's salary.
http://espn.go.com/nba/story/_/id/73294 ... -agreement
I am a moron, please explain what this means to the Knicks?
Contract is front heavy. Most of the money is in the first few years. His paycheck will decrease every year/





















