Knicks · If we can get the 5m MLE restored with the appeal (page 2)

Bi Annual Exemption, at 1.6 -1.8m, 2 year deal.

What Matt Barnes signed to go to the Lakers 2 years ago.

Think it is actually closer to 1.9m now....

oh I think LLE and BAE is the same thing just different names. $3mil

vet min is $1.3mil

thats what i thought, not sure, get confused with the mini exemption

RonRon wrote:Bi Annual Exemption, at 1.6 -1.8m, 2 year deal.

What Matt Barnes signed to go to the Lakers 2 years ago.

Think it is actually closer to 1.9m now....

Barnes is a UFA now. Just saying.

JohnStarksFan wrote:

RonRon wrote:Bi Annual Exemption, at 1.6 -1.8m, 2 year deal.

What Matt Barnes signed to go to the Lakers 2 years ago.

Think it is actually closer to 1.9m now....

Barnes is a UFA now. Just saying.

his best days were with Golden State, way behind him.
He would have been a good role player to pair with Tyson Chandler and Iman Shumpert *if healthy*

Anyone know if we can reduce Balkman's salary because we bought him out????
He is still on our books, but I know with the new CBA, teams are alowed to stretch a player's salary.
I am not too familiar with the rule and do not know if it is still too late to exercise this on the teams payroll.

1) We have the ability to resign JR Smith at a 20% raise at about 2.8m

2) give Lin a starting salary of exactly 5m

3) keep Fields at his qualified offer of about 850k

4) still have a 5m MLE to use

5) with a BAE or LLE of under 2m, in which we can use to keep offer Novak for 2 years with a 8% increase in year 2.
But I think with the new CBA, we are not allowed to use the LLE because we used the room exemption to sign JR Smith, we have to wait next year to use it again, NOT SURE OF THIS....

If not, we are about 1m short, to be able to sign a player for under 2m for 2 years with the LLE or Bi Anual Exemption, Assuming JR resigns for the 2.8m 1 year deal.
All we need to do is save about 1m in salary somehow, in which we could do in many different ways.
The easiest way is by trading TD for a 2nd rounder.

However, if JR Smith walks, and we are eligible to use the LLE, we can offer Novak that deal, possibly without losing anyone.

But if do not have the LLE to use because of the singing of our room exemption last year with JR..
we could likely lose Novak as well, losing 2 shooters that we will need to replace.

IF Bird Rights are restored for Lin and not for Novak, we still have 5m exemption to break up and use, or to use it for 1 player.
The appeal somehow gave Novak early bird rights, which is what I think Stern is actually going to win, because Novak's last contract was only for 1 year.

Like the MLE, the Bi Annual Exemption can be broken up to sign multiple FAs.
It might not sound a lot, but a starting salary of players that are not drafted start at under 500k, in which could be used with our MLE or LLE aka BAE.

Houston just might use their amnesty clause on Kevin Martin...would we be able to be in the runnings for him?

gunsnewing wrote:oh I think LLE and BAE is the same thing just different names. $3mil

vet min is $1.3mil

I thought LLE was for every year and BAE was every other year but I'm probably wrong...

tj23 wrote:

gunsnewing wrote:oh I think LLE and BAE is the same thing just different names. $3mil

vet min is $1.3mil

I thought LLE was for every year and BAE was every other year but I'm probably wrong...

LLE is right under 2m, with 8% increase in salary for year 2. And you can get early bird rights from there on, or if you have 1 year of service prior, you can get bird rights.
Not sure how this works for players traded in the season, for instance, for Novak or JJ. A deciding factor if we could still use the LLE aka Bi Annual Exemption to sign Novak after another 2 years is up.

Some people confuse the LLE with the MINI Mid Level at 3m for tax payers over the 74m payroll.

RonRon wrote:

The Knicks’ Salary Situation This Off-Season
Jun 24th, 2012 by Dan L.
Arbitrator Kenneth Dam’s recent decision to side with the NBAPA against the NBA in declining to reset the bird rights clock for players claimed off waivers was a coup for the Knicks. If it stands on appeal, the Knicks will be able to match any offer for Jeremy Lin, and likely Steve Novak too, while potentially still retaining the ability to use their full midlevel exception of $5,000,000 per season.
If the Knicks do use their full midlevel exception, the strictures of the new collective bargaining agreement will impose a hard cap at $74,000,000, which the team could not exceed this season under any circumstance. Alternatively, the Knicks can offer the “mini-midlevel” of $3,000,000, and exceed the salary cap to sign veteran minimum players, if necessary. Keep in mind that teams are required to have 12 players on their active roster, and 1 on their inactive roster.
With some help today from @JADubin5, @JonKnicksFan, and, previously, @bnr1986 and @sbs0311, I’ve fleshed out a couple of scenarios for your consideration:

Both of these scenarios contain a few assumptions, and here they are:
* Under scenario 2 there is no way the Knicks can keep Landry Fields because the minimum contract amount for 2 year veterans will not fit under the hard-cap. Instead the Knicks would have to fill their roster with undrafted rookies.
**This scenario assumes that J.R. Smith opts out and the Knicks do not bring him back. It also assumes that the Knicks find a team willing to take Toney Douglas (and probably cash) in return for a trade exception. Both of these assumptions are dicey but without them, it’s pretty much impossible for the Knicks to be able to utilize the full MLE.
***The salary figures for Carmelo Anthony (and the rest of the roster) come from Sham Sports. But it’s worth noting that HoopsHype lists Carmelo’s contract at about a $1,000,000 less than Sham Sports does.

How we can keep JR and sign a full MLE starting at 5m, with player options at year 3 and 4.
===============================================================================================

So look at scenario 2, JR Smith with a 20% raise is less than Novak's 3m. So just substitute Novak with JR Smith.
This article assumes that we have Novak's early bird rights but we don't because he signed a 1 year deal on his last deal.

Fields would have to be traded for a 2nd round pick or for cash considerations
and
If we trade TD's contract like we did with Turiaf would be the key.

I don't know if we would have what is left from the salary cap, to use as our LLE so we can sign a player for 2 years.
We could probably sign 2 players that go undrafted if part of the LLE we can still use what is left from the LLE, for 2 years to get early bird rights for them.
We can still sign veteran minimum deals AFTER the MLE signin and LLE for undrafted players for 2 years.

We should have never cut Balkman, and trade him along with TD, this summer.
That way we can still trade his salary like we did for Turiaf.
For instance for Dragic, we could have traded, Balkman, TD, Jordan, Jorts, and future picks/cash, if he forced his way out by signing for the MLE with us.
That way, we would still have the lower MLE at 3m to use, after acquiring Ilyasova or Dragic.

Look back at this chart, it is not impossible for us to get the 5m MLE restored, even after matching Lin's offer.
Fields is already out of the equation, with TD a possible trade target.
If we can pull of a trade to get Kidd, move TD contract, even trade for Camby too, and still find a way to have the 5m MLE is NOT IMPOSSIBLE.

RonRon wrote:

The Knicks’ Salary Situation This Off-Season
Jun 24th, 2012 by Dan L.
Arbitrator Kenneth Dam’s recent decision to side with the NBAPA against the NBA in declining to reset the bird rights clock for players claimed off waivers was a coup for the Knicks. If it stands on appeal, the Knicks will be able to match any offer for Jeremy Lin, and likely Steve Novak too, while potentially still retaining the ability to use their full midlevel exception of $5,000,000 per season.
If the Knicks do use their full midlevel exception, the strictures of the new collective bargaining agreement will impose a hard cap at $74,000,000, which the team could not exceed this season under any circumstance. Alternatively, the Knicks can offer the “mini-midlevel” of $3,000,000, and exceed the salary cap to sign veteran minimum players, if necessary. Keep in mind that teams are required to have 12 players on their active roster, and 1 on their inactive roster.
With some help today from @JADubin5, @JonKnicksFan, and, previously, @bnr1986 and @sbs0311, I’ve fleshed out a couple of scenarios for your consideration:

Both of these scenarios contain a few assumptions, and here they are:
* Under scenario 2 there is no way the Knicks can keep Landry Fields because the minimum contract amount for 2 year veterans will not fit under the hard-cap. Instead the Knicks would have to fill their roster with undrafted rookies.
**This scenario assumes that J.R. Smith opts out and the Knicks do not bring him back. It also assumes that the Knicks find a team willing to take Toney Douglas (and probably cash) in return for a trade exception. Both of these assumptions are dicey but without them, it’s pretty much impossible for the Knicks to be able to utilize the full MLE.
***The salary figures for Carmelo Anthony (and the rest of the roster) come from Sham Sports. But it’s worth noting that HoopsHype lists Carmelo’s contract at about a $1,000,000 less than Sham Sports does.

How we can keep JR and sign a full MLE starting at 5m, with player options at year 3 and 4.
===============================================================================================

So look at scenario 2, JR Smith with a 20% raise is less than Novak's 3m. So just substitute Novak with JR Smith.
This article assumes that we have Novak's early bird rights but we don't because he signed a 1 year deal on his last deal.

Fields would have to be traded for a 2nd round pick or for cash considerations
and
If we trade TD's contract like we did with Turiaf would be the key.

I don't know if we would have what is left from the salary cap, to use as our LLE so we can sign a player for 2 years.
We could probably sign 2 players that go undrafted if part of the LLE we can still use what is left from the LLE, for 2 years to get early bird rights for them.
We can still sign veteran minimum deals AFTER the MLE signin and LLE for undrafted players for 2 years.

We should have never cut Balkman, and trade him along with TD, this summer.
That way we can still trade his salary like we did for Turiaf.
For instance for Dragic, we could have traded, Balkman, TD, Jordan, Jorts, and future picks/cash, if he forced his way out by signing for the MLE with us.
That way, we would still have the lower MLE at 3m to use, after acquiring Ilyasova or Dragic.

Look back at this chart, it is not impossible for us to get the 5m MLE restored, even after matching Lin's offer.
Fields is already out of the equation, with TD a possible trade target.
If we can pull of a trade to get Kidd, move TD contract, even trade for Camby too, and still find a way to have the 5m MLE is NOT IMPOSSIBLE.

RonRon wrote:

The Knicks’ Salary Situation This Off-Season
Jun 24th, 2012 by Dan L.
Arbitrator Kenneth Dam’s recent decision to side with the NBAPA against the NBA in declining to reset the bird rights clock for players claimed off waivers was a coup for the Knicks. If it stands on appeal, the Knicks will be able to match any offer for Jeremy Lin, and likely Steve Novak too, while potentially still retaining the ability to use their full midlevel exception of $5,000,000 per season.
If the Knicks do use their full midlevel exception, the strictures of the new collective bargaining agreement will impose a hard cap at $74,000,000, which the team could not exceed this season under any circumstance. Alternatively, the Knicks can offer the “mini-midlevel” of $3,000,000, and exceed the salary cap to sign veteran minimum players, if necessary. Keep in mind that teams are required to have 12 players on their active roster, and 1 on their inactive roster.
With some help today from @JADubin5, @JonKnicksFan, and, previously, @bnr1986 and @sbs0311, I’ve fleshed out a couple of scenarios for your consideration:

Both of these scenarios contain a few assumptions, and here they are:
* Under scenario 2 there is no way the Knicks can keep Landry Fields because the minimum contract amount for 2 year veterans will not fit under the hard-cap. Instead the Knicks would have to fill their roster with undrafted rookies.
**This scenario assumes that J.R. Smith opts out and the Knicks do not bring him back. It also assumes that the Knicks find a team willing to take Toney Douglas (and probably cash) in return for a trade exception. Both of these assumptions are dicey but without them, it’s pretty much impossible for the Knicks to be able to utilize the full MLE.
***The salary figures for Carmelo Anthony (and the rest of the roster) come from Sham Sports. But it’s worth noting that HoopsHype lists Carmelo’s contract at about a $1,000,000 less than Sham Sports does.

How we can keep JR and sign a full MLE starting at 5m, with player options at year 3 and 4.
===============================================================================================

So look at scenario 2, JR Smith with a 20% raise is less than Novak's 3m. So just substitute Novak with JR Smith.
This article assumes that we have Novak's early bird rights but we don't because he signed a 1 year deal on his last deal.

Fields would have to be traded for a 2nd round pick or for cash considerations
and
If we trade TD's contract like we did with Turiaf would be the key.

I don't know if we would have what is left from the salary cap, to use as our LLE so we can sign a player for 2 years.
We could probably sign 2 players that go undrafted if part of the LLE we can still use what is left from the LLE, for 2 years to get early bird rights for them.
We can still sign veteran minimum deals AFTER the MLE signin and LLE for undrafted players for 2 years.

We should have never cut Balkman, and trade him along with TD, this summer.
That way we can still trade his salary like we did for Turiaf.
For instance for Dragic, we could have traded, Balkman, TD, Jordan, Jorts, and future picks/cash, if he forced his way out by signing for the MLE with us.
That way, we would still have the lower MLE at 3m to use, after acquiring Ilyasova or Dragic.

Look back at this chart, it is not impossible for us to get the 5m MLE restored, even after matching Lin's offer.
Fields is already out of the equation, with TD a possible trade target.
If we can pull of a trade to get Kidd, move TD contract, even trade for Camby too, and still find a way to have the 5m MLE is NOT IMPOSSIBLE.

I looked at THREE times :)

RonRon wrote:

RonRon wrote:

The Knicks’ Salary Situation This Off-Season
Jun 24th, 2012 by Dan L.
Arbitrator Kenneth Dam’s recent decision to side with the NBAPA against the NBA in declining to reset the bird rights clock for players claimed off waivers was a coup for the Knicks. If it stands on appeal, the Knicks will be able to match any offer for Jeremy Lin, and likely Steve Novak too, while potentially still retaining the ability to use their full midlevel exception of $5,000,000 per season.
If the Knicks do use their full midlevel exception, the strictures of the new collective bargaining agreement will impose a hard cap at $74,000,000, which the team could not exceed this season under any circumstance. Alternatively, the Knicks can offer the “mini-midlevel” of $3,000,000, and exceed the salary cap to sign veteran minimum players, if necessary. Keep in mind that teams are required to have 12 players on their active roster, and 1 on their inactive roster.
With some help today from @JADubin5, @JonKnicksFan, and, previously, @bnr1986 and @sbs0311, I’ve fleshed out a couple of scenarios for your consideration:

Both of these scenarios contain a few assumptions, and here they are:
* Under scenario 2 there is no way the Knicks can keep Landry Fields because the minimum contract amount for 2 year veterans will not fit under the hard-cap. Instead the Knicks would have to fill their roster with undrafted rookies.
**This scenario assumes that J.R. Smith opts out and the Knicks do not bring him back. It also assumes that the Knicks find a team willing to take Toney Douglas (and probably cash) in return for a trade exception. Both of these assumptions are dicey but without them, it’s pretty much impossible for the Knicks to be able to utilize the full MLE.
***The salary figures for Carmelo Anthony (and the rest of the roster) come from Sham Sports. But it’s worth noting that HoopsHype lists Carmelo’s contract at about a $1,000,000 less than Sham Sports does.

How we can keep JR and sign a full MLE starting at 5m, with player options at year 3 and 4.
===============================================================================================

So look at scenario 2, JR Smith with a 20% raise is less than Novak's 3m. So just substitute Novak with JR Smith.
This article assumes that we have Novak's early bird rights but we don't because he signed a 1 year deal on his last deal.

Fields would have to be traded for a 2nd round pick or for cash considerations
and
If we trade TD's contract like we did with Turiaf would be the key.

I don't know if we would have what is left from the salary cap, to use as our LLE so we can sign a player for 2 years.
We could probably sign 2 players that go undrafted if part of the LLE we can still use what is left from the LLE, for 2 years to get early bird rights for them.
We can still sign veteran minimum deals AFTER the MLE signin and LLE for undrafted players for 2 years.

We should have never cut Balkman, and trade him along with TD, this summer.
That way we can still trade his salary like we did for Turiaf.
For instance for Dragic, we could have traded, Balkman, TD, Jordan, Jorts, and future picks/cash, if he forced his way out by signing for the MLE with us.
That way, we would still have the lower MLE at 3m to use, after acquiring Ilyasova or Dragic.

Look back at this chart, it is not impossible for us to get the 5m MLE restored, even after matching Lin's offer.
Fields is already out of the equation, with TD a possible trade target.
If we can pull of a trade to get Kidd, move TD contract, even trade for Camby too, and still find a way to have the 5m MLE is NOT IMPOSSIBLE.

The hope is that the cap goes up and if they can get trades for both Camby and Kidd to keep the full MLE and still not reach the apron it would be great because the Knicks could split it between two players. Plus have the vet min to give out. It may be what they are waiting on to use for JR. If they are that's fine but if its not 2.5 mill to spread between two players or a 2 like Mayo, Lee, etc would be nice. I'd rather go After Pietrus because I think we need someone to assist Melo with 3s.