Great work, @Pavvy8.
Well, I was in the middle of writing a post outlining some more reasons why the Knicks should keep Jeremy Lin, but Howard Beck just broke the news: Jeremy Lin will NOT be matched by the New York Knicks.
There’s been some chatter this morning on Twitter revolving around the stretch provision, so I thought I’d give everyone a quick explanation. The stretch provision allows for teams to cut a player, then “stretch” out his contract for two times the remaining length, plus one additional year. As an example, let’s use Jeremy Lin.
As it currently stands, Raymond Felton and Jason Kidd are the two point guards on the Knicks’ roster. Jason Kidd signed a three-year deal for the mini-MLE, while Raymond Felton was the centerpiece of a sign-and-trade, which let him receive a three-year deal reported as $10 million (I’m nearly 100% sure Knicks can’t offer more […]
As reported by Jason Quick, a senior writer for The Oregonian, the New York Knicks and Portland Trail Blazers have come to terms on the details of their sign-and-trade. Portland will receive Jared Jeffries, Dan Gadzuric, Kostas Papanikolaou, Georgios Printezis and some cash. The Knicks will get Raymond Felton and Kurt Thomas. The deal cannot […]
When the reported offer-sheet the Houston Rockets agreed to with Jeremy Lin was released as four-years, $28.8 million, there were indications that the Knicks planned to match any offer “up to one-billion dollars.” Now, after we’ve learned that Jeremy Lin’s actually deal pays him $25.1, guaranteed, in a three-year deal, we have seen the Knicks […]
LINSANITY!!! As reported by multiple sources, it appears Raymond Felton is close to joining the Knicks. The Knicks’ only remaining trade chip is Dan Gadzuric’s non-guaranteed deal, which would allow them to send out his $1,352,181 contract and receive up to $2,128,271. Since Felton will likely demand a bit more than the veteran’s minimum, it’s […]
I’ve gotten a bunch of questions about Jeremy Lin and his contract, so thought I’d just quickly give you all a rundown of what’s going on. Last week, we learned that the Houston Rockets came to terms on an offer-sheet with Jeremy Lin. The reported value of the deal was four-years (with the fourth being […]
Tonight, at 9PM EST, the Men’s Olympic Team will take on the Dominican Republic in an exhibition match. This will be the first time we see Tyson Chandler and Carmelo Anthony – two of the Knicks’ big three – put on their countries colors in a mission for a gold medal in London.
Pablo Prigioni, a 35-year-old Argentianean point guard who has been playing in Spain, has decided to accept the New York Knicks’ offer and come to the United States, according to Marc Berman. He’s set to become the oldest rookie in the NBA. Ever, I believe.