Around The NBA - [Part 1]: Updated Games PG. 58

[ibraheim718]

We could have however used the "stretch" provision Wingo.

As CBS points out, in the new CBA there's something called the "stretch provision" which allows teams to avoid a one-time salary cap hit after cutting a player. If the Knicks released Lin in the summer of 2014, they could "stretch" his $14.8 million over the following three seasons (~$5 million per year).

[SonOfMars]

So...Perry Jones = steal.

Also, kinda ot, but my parents got me League Pass as an early Hanukkah present and I'm annoyed because it doesn't include preseason games...streams until the season starts. :/ Sucks.

It really sucked to see him drop and know that we weren't gonna be able to get him. Kid has alottta potential

I was watching on NBATV the Celtics training camp, and Doc Rivers said something along the lines of "I believe it was was Danny Ainge who started to rumors about Sullingers knee so he could drop to us"

Can't help but to think that the Thunder did something similar

[ibraheim718]

No cant amnesty him. You could use the spread provision to move the money around however there is no point since we will already have been over the cap that we would have regained no flexibility even if we had amnestied him. So no matter what we could not have signed another player. The only benefit would be that it will save Dolan money but it does not impact the salary cap.

Thanks.

This also is incorrect.

What are you talking about?

If worse comes to worst, another new rule can help the team out. The "stretch provision" allows a team to waive a player and extend his salary payments over twice the number of remaining seasons, plus one.

So if Lin is waived with one season remaining on his contract, he would be paid his salary over three years. Here's the important part -- teams also may elect to stretch a waived player's salary-cap hit over the same number of years. So if Lin proves to be a disaster over the next two seasons, the Knicks can waive him, stretch the payment of his $14.8 million salary over three years, and reduce his salary-cap amount to about $4.9 million in each season.

This would reduce the team's tax bill significantly. If the Knicks are right at the tax line, a $4.9 million salary would translate to a $7.35 million tax bill. This is much more palatable.

In sum, Lin will continue to be a financial bonanza if he keeps playing up to his potential. If he ends up being a bust, the Knicks have the means to mitigate the damage. The potential upside is well worth the risk.

Using the "stretch" provision in this case is well documented.

[kane2021]

I'm just surprised no one corrected him. He said it more than once on more than one show. So either no one is informed or no one cares about facts. And that should say enough about the quality of their product. They are characters filling in dead time between game play. Old jocks that gravitate towards popular trends. That's the table I avoid at the bar anyway. Sloppy egos that enjoy hearing themselves talk exchanging corny insults.

They do know the game and all have their own perspective. So they can watch a game and give decent analysis on THAT game. But they don't follow teams. Especially ours. We are not popular or tending. When we reach that point these guys will be 2 months behind.

Don't be mad because a person who is not a hard core fan of your team tries to tell you something. They not here with us. So they just don't know. But trying to sound like they do know is a personal issue they got to deal with at home.

My team is part of my daily life. I follow my team the way they follow the NBA trends. Their opinion on my team goes no further than their entertainment value. Its just something to keep you occupied on the channel longer. Love and hate are strong emotions. Touching those emotions makes most people stop and listen. For better or for worse the goal is accomplished. People watch and get involved.

[ibraheim718]

Individually negotiated revisions to the payment schedule are not allowed for contracts signed or extended under the current CBA. For these contracts or extensions the remaining guaranteed salary for a waived player is "stretched" and paid in equal amounts over a greater time span, as follows:

* If the player is waived from July 1 to August 31, then his remaining salary is paid over twice the number of years remaining on his contract, plus one. For example, if the player is waived on August 1 with two seasons remaining on his contract at $10.2 million and $10.3 million, respectively, then his remaining salary is paid over five years (two seasons times two, plus one), in even amounts of $4.1 million per year.
* If the player is waived from September 1 to June 30, then the current season is paid per the normal payment schedule, and any remaining years are stretched over twice the number of years remaining plus one as described above. For example, if the player is waived on December 1 with two seasons remaining on his contract at $10.2 million and $10.5 million, respectively, then the current season (at $10.2 million) is paid normally, and the final season (at $10.5 million) is stretched over three years (one season times two, plus one) and paid in even amounts of $3.5 million per year.

http://www.cbafaq.com/salarycap.htm#Q63

[ibraheim718]

But CBA expert and ESPN Insider Larry Coon notes that, while the risk is significant, the "stretch provision" can give the Knicks real protection against Lin being a bust:

If worse comes to worst, another new rule can help the team out. The "stretch provision" allows a team to waive a player and extend his salary payments over twice the number of remaining seasons, plus one. So if Lin is waived with one season remaining on his contract, he would be paid his salary over three years.

Here's the important part -- teams also may elect to stretch a waived player's salary cap hit over the same number of years. So if Lin proves to be a disaster over the next two seasons, the Knicks can waive him, stretch the payment of his $14.8 million salary over three years, and reduce his salary cap amount to about $4.9 million in each season. This would reduce the team's tax bill significantly. If they are right at the tax line, a $4.9 million salary would translate to a $7.35 million tax bill. This is much more palatable.

http://espn.go.com/blog/truehoop/post/_ ... isk-on-lin

[kane]

maybe barkley thought this idea up in a dream when he was taking one of his naps.... ive always known the guy was a clown but can someone please correct him on air at least ONCE omg

[ComboGuardCity]

Landry fields is terrible.

[HarthorneWingo]

I'm just surprised no one corrected him. He said it more than once on more than one show. So either no one is informed or no one cares about facts. And that should say enough about the quality of their product. They are characters filling in dead time between game play. Old jocks that gravitate towards popular trends. That's the table I avoid at the bar anyway. Sloppy egos that enjoy hearing themselves talk exchanging corny insults.

They do know the game and all have their own perspective. So they can watch a game and give decent analysis on THAT game. But they don't follow teams. Especially ours. We are not popular or tending. When we reach that point these guys will be 2 months behind.

Don't be mad because a person who is not a hard core fan of your team tries to tell you something. They not here with us. So they just don't know. But trying to sound like they do know is a personal issue they got to deal with at home.

My team is part of my daily life. I follow my team the way they follow the NBA trends. Their opinion on my team goes no further than their entertainment value. Its just something to keep you occupied on the channel longer. Love and hate are strong emotions. Touching those emotions makes most people stop and listen. For better or for worse the goal is accomplished. People watch and get involved.

[red32]

So...Perry Jones = steal.

Also, kinda ot, but my parents got me League Pass as an early Hanukkah present and I'm annoyed because it doesn't include preseason games...streams until the season starts. :/ Sucks.

I thought that many of the pre's are available on the LP, like today's vs Celtics? Someone mentioned it in the game thread. I'm think of getting the LP - $180 isn't that bad.

[red32]

He's still picking up his dribble too early and having the tenancy of getting into the lane with no place to go. It's probably just the pre-season, but it will be interesting to see if he improves on these areas.

[thebuzzardman]

What would have been the implications of the Knicks matching the Rockets offer but frontloading it? Would they have been able to reverse the same contract under the rule? I think the Rockets took advantage of new thing in CBA to offer higher money in the last year, but would the Knicks have had the large year up front and the lower ones in the next two year?

I thought Heinrich had a contract that descended, but not sure if that's allowed still

[kakaman]

[youtube]http://www.youtube.com/watch?v=BR9FKs_w98g[/youtube]

Jeremy Lin highlights from yesterday. The Lin-Asik Pick n Roll is gonna be lethal

[ctorres]

Did not know Marko Jaric was back in the NBA...

[SonOfMars]

Didnt watch the game, but the boxscore can be telling

A. Drummond fouled out, in 25 minutes, but he also had 19 & 10 in 25 minutes

He has all the potential, I hope he can put it together

[21shumpshumpst]

Didnt watch the game, but the boxscore can be telling

A. Drummond fouled out, in 25 minutes, but he also had 19 & 10 in 25 minutes

He has all the potential, I hope he can put it together

I've been watching the Pistons games and I must say that kid is freakishly athletic for a 7 footer. He gets his hands on the lane and steals a lot of passes. He just runs so smoothly. He has all the athletic gifts to be a stud.

Honestly I think him going 9th and crying on national tv got his knucklehead straight.

He is going to be a beast in this league if he continues to mature and play hard every game.

[postcall]

What are you talking about?

If worse comes to worst, another new rule can help the team out. The "stretch provision" allows a team to waive a player and extend his salary payments over twice the number of remaining seasons, plus one.

So if Lin is waived with one season remaining on his contract, he would be paid his salary over three years. Here's the important part -- teams also may elect to stretch a waived player's salary-cap hit over the same number of years. So if Lin proves to be a disaster over the next two seasons, the Knicks can waive him, stretch the payment of his $14.8 million salary over three years, and reduce his salary-cap amount to about $4.9 million in each season.

This would reduce the team's tax bill significantly. If the Knicks are right at the tax line, a $4.9 million salary would translate to a $7.35 million tax bill. This is much more palatable.

In sum, Lin will continue to be a financial bonanza if he keeps playing up to his potential. If he ends up being a bust, the Knicks have the means to mitigate the damage. The potential upside is well worth the risk.

Using the "stretch" provision in this case is well documented.[/quote]




Sorry I misused the terminology. My understanding is that since we will already be over the cap what purpose would there be in stretching out Lin's contract other than saving Dolan money? We can get another player given the new restrictions for example CP3 or could we? I agree with everything you have stated.

[Leaguepass]

Drummond has really good hands and can become a terrific finisher. Monroe/Drummond could develop into one heck of a frontcourt. That said I didn't like posing after converting on a layup with your team down 20points and the game out of reach....I mean...come on..

[bklynstoops]

Against Kwame Brown, but Lopez rang up 19/9 with 3 blocks last night in 27 mins. not bad.

[Falstaffxx]

Houston vs. San Antonio today. Could be interesting.