The Houston Rockets signed Omer Asik to a three year, $25.1 million offer-sheet. Multiple reports say it’s very unlikely for the Bulls to match that offer, mainly because of the way it’s laid out. Asik is set to make $5 million in year one, ~$5 million in year two, then will see his salary balloon up to $15 million in the third and final year.
The first day of true free agency since 2010 did not disappoint. A number of players have already come to verbal agreements with their current clubs (Gerald Wallace with the Nets and Andre Miller with the Nuggets), while others have received offers from new clubs (Rockets offer Omer Asik three year deal worth $25 million and Trailblazers offer Roy Hibbert four year deal worth $58 million). Meanwhile here in New York City, it was all about point guards.
No Lockout this summer, Knicks fans! After the long, longer and longest summer for the NBA since 1998, fans have an actual summer of free agency to look forward to. With the flirting just getting started today and actual signings not happening until July 11th, let’s take a look at the top 10 restricted free agents on the market.
After Kenneth Dam ruled the Knicks would win their case against the NBA for the early bird-rights to Jeremy Lin and Steve Novak, the NBA immediately revealed that they planned to appeal the decision. The two parties have been in communication in hopes of coming to a settlement before the clock struck 12:01 AM, July 1st.
Earlier this afternoon, arbitrator Kenneth Damn, who was brought in to determine if the Knicks held the early bird-rights for Jeremy Lin and Steve Novak, ruled in the Knicks’ favor. Now, after this ruling, the Knicks will be able to re-sign Jeremy Lin and Steve Novak – without affecting the salary cap – WHILE retaining their mid-level exception (MLE).
Currently, the New York Knicks stand around $5.6 million under the $58 million, league-mandated salary cap. Unfortunately, the roughly $52 million tied up in contracts, only locks down five players for the 2012-2013 season. In order for the Knicks to fill out their roster to 15 players, they’ll have to make some choices, as well as some creative signings.
The season that began with a Lockout ended with the Knicks falling to some lock-down defense from the Miami Heat.
The rollar-coaster season the Knicks have endured finally came to an end tonight in a 106-94 loss to the Heat in Game 5 of their first round playoff series. Carmelo Anthony led New York with 35 points and eight rebounds. The Heat were led by LeBron James’ near triple-double of 29 points, eight rebounds and seven assists.
Yesterday, in a conference call, Mike Woodson said that he’s “not counting” on Jeremy Lin returning to the Knicks’ lineup in time for Wednesday’s game five. This comes on the heels of Melo shooting down a Lin return this year by saying “he’ll be ready to go next year”, without a mention of the remaining playoff games, after Sunday’s victory over the Heat.
It’s about damn time.
After more than 11 years since their last playoff game victory, the Knicks salvaged their season at least for another game, avoiding a sweep at the hands of the Miami Heat with an 89-87 win today at Madison Square Garden. Carmelo Anthony led the Knicks with 41 points and six rebounds while the Heat were led by LeBron James’ 27 points.
I’ve been promising them for a while, so here you go. If you want any other players, be sure to comment below the post or tweet me (@TheKnicksWall)!
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The Knicks currently find themselves in the same position they were in last year after their first two playoff games: Down 0-2 with injuries to important players (Chauncey Billups and Amar’e Stoudemire last year, Iman Shumpert and Amare Stoudemire this year). After two agonizing, close losses to the Celtics, Knicks fans couldn’t help but wonder what could’ve been if the team had a full, healthy roster. We all remember the ending: the Celtics marched into MSG and won the next two games to complete the sweep.
The Knicks gave themselves some extra cushion in the Eastern Conference playoff race Monday night, defeating the Milwaukee Bucks at Madison Square Garden, 89-80. Carmelo Anthony shook off his recent shooting woes to lead New York with 28 points and 12 rebounds. Mike Dunleavy came off the bench to lead the Bucks with 26 points.