But the Knicks, as currently constructed, don't have the necessary resources to snatch Rashweed and/or Ruben Patterson. And, if Isiah Thomas doesn't have them by the time the Feb. 19 trade deadline expires, it's safe to assume he won't have them for a sign-and-trade come summer.
I'm not so sure of that. When you buy a player out it doesn't mean you pay his (your) full salary. The buyout amount is negotiated. The bulls just bought out J Williams for 3 mil while owing him seven.And even if they "dumped" Shandon(me) by waiving him, it wouldn't dump his salary.
SHANDON CAN BE SOLD ON IDEA OF KNICK BUYOUT:[SPORTS FINAL Edition]Originally posted by <b>Rashidi</b>!
Shandon(me) obviously has no interest in negotiating a buyout.
Entertain."Who wouldn't want free money?" Anderson said, laughing. "If it happens it happens. If they come to me, me and my agent will entertain that."
MLE you mean? You get one yearly if you are over the cap. Or under the cap by the MLE (amount itself). IE, ZO was signed from the Nets MLE this past year, the year before it was Rodney Rogers and Chris Childs.Originally posted by <b>Rashidi</b>!
The Knicks can sign Wallace with the MIE, assuming they HAVE an MIE. They used it on Lampe last year, and you only get 1 every 2 years. I don't know the specifications of "1 every 2 years" though.
It could mean that after you use your MIE, you can't use it for 2 years.
Or it could mean that every 2 years, teams get a new MIE, regardless of whether or not they used it in the last two years. If that is so, then it is possible that the Knicks might be due for another full MIE.
However, if they do not get a new MIE, then they cannot sign Wallace with the full MIE (meaning he'd have to take about half of that or less) because half was given to Lampe this year.
Sure... It is somewhat like getting "Free Money" as you're receiving money upfront without fulfilling the balance of your contractual obligation to the team.Originally posted by <b>Rashidi</b>!
Entertain.
Well, if he is boughtout for a lesser sum than what is listed on his contract, that's not exactly free money, is it?
Who says the buyout would be given to him upfront? Teams pretty much always defer large payments. Obviously if they gave Shandon 20 million dollars with a snap of their fingers, , it would have quite an economic impact on Madison Square Garden.It is somewhat like getting "Free Money" as you're receiving money upfront without fulfilling the balance of your contractual obligation to the team.
Then its "free money" because Anderson would be receiving money from the Knicks over time for doing nothing and in turn free to sign another contract with another team.Originally posted by <b>Rashidi</b>!
Who says the buyout would be given to him upfront? Teams pretty much always defer large payments. Obviously if they gave Shandon 20 million dollars with a snap of their fingers, , it would have quite an economic impact on Madison Square Garden.