10-18-2005, 08:53 AM
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#14 (permalink)
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Sexy Moderator
Join Date: Jul 2005
Location: Brooklyn, NY
Posts: 11,773
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Re: Allan Houston ----> Retiring?
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Originally Posted by kRoCwesTT
i heard from msg sportsdesk last night that the knicks only have to pay 20% of his contract now. or is it vice versa?
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Here you go Kro:
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Houston, who signed a Knick-record $100 million contract in 2001, was scheduled to earn $40 million over the next two years and likely will get every penny. Because of insurance, the Knicks may only have to pay $8 million to $15 million and figure to avoid paying luxury tax on the contract.
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http://www.nydailynews.com/sports/ba...p-304134c.html
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