Knicks · Luxury Tax is NOT the issue (page 1)

Let's stop the insane notion that the Knicks will not match because of Luxury Tax implications.
In 2006-2007 the Knicks paid $45 Million in Luxury Tax. If they sign Lin they would be paying
around $43M if they don't make any moves in 3 years to reduce that amount. This is NOT about
the luxury tax implications. It's either about Dolan's ego or the Knicks not really buying into
Lin's ability. Given the fact that Dolan has made insane decisions in the past I think it's more
about him going off his meds.

Even Clyde and Alan Hahn believe we should match:

During our broadcast here of the Knicks' Summer League game against the Suns on Sunday, Walt Frazier and I both agreed that the team should match the contract. "Worry about later, later," Frazier said, with the idea that if Lin proves to not be the value you hoped before Year 3, he can be traded as an expiring contract for one or two players. In fact, if the Knicks match, they can trade Lin after Jan. 15 with his consent, which means before this year's deadline he could be moved. They can even ship him to the Rockets -- so Houston can enjoy that balloon in Year 3 -- next summer.

The idea is, just as an asset alone, Lin is too valuable to let walk without any compensation. In the NBA, if you don't match an offer sheet for a restricted free agent, you do not receive any compensatory draft picks as in other sports. You just lose the player. Even if Lin isn't part of the plan going forward, especially with Raymond Felton reportedly back to run the point (more on this later), Lin should be retained just so the franchise can get some type of return.

Though several scouts have told me they still don't see Lin becoming more than a very good backup point guard in this league, I'm a strong believer in his potential because of his ability to get to the rim, finish, hit clutch shots, galvanize teammates and, most of all, his impressive will.

Disagree

babyKnicks wrote:Disagree

Well thought out and laid out. I imagine you are a student of logic?

If Lin is really out it is solely because of Dolans huge ego

Knicks also can't do sign and trades and they would be paying a much higher amount than they ever have in the past. It Could be like Hahn said, that Lin wants to be a rocket but I think it is a business decision.

Apparently it is:

http://www.ultimateknicks.com/forum/topi...

ChuckBuck wrote:Apparently it is:

http://www.ultimateknicks.com/forum/topi...

No it's NOT. Berman is wrong as usual! Lin isn't costing the Knicks $43 million in tax in 2015. Their total payroll is. Berman not only failed journalism but math as well.

ChuckBuck wrote:Apparently it is:

http://www.ultimateknicks.com/forum/topi...

If you read the article or any of the posts in that thread, you know the tax bill is for the whole roster, not just Lin.

Why not do the same math on Amar'e or Melo or Kidd or Camby or Felton or Novak?

Here's another way to look at it - the Knicks gave Novak $15M for one skill. Lin has at least four elite skills (driving to the rim, drawing fouls, pull up jumpers, passing) and people are balking at paying him $25M.

This is one of the stupidest arguments I have ever heard.

Not signing Lin does nothing to help the team's flexibility. If anything it hurts it - it gives away our most valuable trade chip, possibly next to Shump, for NOTHING.

Not defending Dolan, I don't really have an opinion on him but just cause they did it that year doesn't mean it's something they'd wanna continue to do and I think the new CBA has worse penalties than it did back then. Just sayin...

I think it truly boils down to Lin wanting to be on the Rockets and not on the Knicks.

True Statement:

Knicks also can't do sign and trades and they would be paying a much higher amount than they ever have in the past.

Also True Statement (directed to feltonandAmare and crzymadups): the knicks would be paying around 43 million in luxury tax for lin ALONE in 2015.

You do not understand how the new luxury tax system works - it is NOT the simple dollar for dollar luxury tax system of the old CBA.

I think what lin did was not in good faith and quite dirty. typical business negotiating tactics, but quite dirty.

Also, I think the knicks should match lin, and leave him playing on the Erie until they can trade him to another team for assets.

crzymdups wrote:

ChuckBuck wrote:Apparently it is:

http://www.ultimateknicks.com/forum/topi...

If you read the article or any of the posts in that thread, you know the tax bill is for the whole roster, not just Lin.

Why not do the same math on Amar'e or Melo or Kidd or Camby or Felton or Novak?

Here's another way to look at it - the Knicks gave Novak $15M for one skill. Lin has at least four elite skills (driving to the rim, drawing fouls, pull up jumpers, passing) and people are balking at paying him $25M.

This is one of the stupidest arguments I have ever heard.

Not signing Lin does nothing to help the team's flexibility. If anything it hurts it - it gives away our most valuable trade chip, possibly next to Shump, for NOTHING.

There are reasons morey and Lin structured the contract the way they did. It was meant to be so prohibitive that the knicks wouldn't match it.

Caseloads wrote:True Statement:

Knicks also can't do sign and trades and they would be paying a much higher amount than they ever have in the past.

Also True Statement (directed to feltonandAmare and crzymadups): the knicks would be paying around 43 million in luxury tax for lin ALONE in 2015.

You do not understand how the new luxury tax system works - it is NOT the simple dollar for dollar luxury tax system of the old CBA.

They're already over the luxury tax with or without Lin. Either way there will be no sign and trade for Chris Paul, which some are foolishly hoping for.

Caseloads wrote:True Statement:

Knicks also can't do sign and trades and they would be paying a much higher amount than they ever have in the past.

Also True Statement (directed to feltonandAmare and crzymadups): the knicks would be paying around 43 million in luxury tax for lin ALONE in 2015.

You do not understand how the new luxury tax system works - it is NOT the simple dollar for dollar luxury tax system of the old CBA.

Lin isn't costing the Knicks $43 million in tax in 2015. Their total payroll is. These are the kind of math tricks politicians use and you should become a politician with your twisted logic.

Caseloads wrote:True Statement:

Knicks also can't do sign and trades and they would be paying a much higher amount than they ever have in the past.

Also True Statement (directed to feltonandAmare and crzymadups): the knicks would be paying around 43 million in luxury tax for lin ALONE in 2015.

You do not understand how the new luxury tax system works - it is NOT the simple dollar for dollar luxury tax system of the old CBA.

Caseloads, you're my hero!

Guys will defend Lin to their graves, I swear.

Dude engineered his own escape from NY to Houston for Yao bucks, let him be.

CrushAlot wrote:

crzymdups wrote:

ChuckBuck wrote:Apparently it is:

http://www.ultimateknicks.com/forum/topi...

If you read the article or any of the posts in that thread, you know the tax bill is for the whole roster, not just Lin.

Why not do the same math on Amar'e or Melo or Kidd or Camby or Felton or Novak?

Here's another way to look at it - the Knicks gave Novak $15M for one skill. Lin has at least four elite skills (driving to the rim, drawing fouls, pull up jumpers, passing) and people are balking at paying him $25M.

This is one of the stupidest arguments I have ever heard.

Not signing Lin does nothing to help the team's flexibility. If anything it hurts it - it gives away our most valuable trade chip, possibly next to Shump, for NOTHING.

There are reasons morey and Lin structured the contract the way they did. It was meant to be so prohibitive that the knicks wouldn't match it.

The Knicks can afford it. And they'll make far less advertising money without Lin.

They'll probably even lose money to the Nets.

Dolan is an idiot. There's a reason he's been a failure at every venture he's ever entered into.

ChuckBuck wrote:

Caseloads wrote:True Statement:

Knicks also can't do sign and trades and they would be paying a much higher amount than they ever have in the past.

Also True Statement (directed to feltonandAmare and crzymadups): the knicks would be paying around 43 million in luxury tax for lin ALONE in 2015.

You do not understand how the new luxury tax system works - it is NOT the simple dollar for dollar luxury tax system of the old CBA.

Caseloads, you're my hero!

Guys will defend Lin to their graves, I swear.

Dude engineered his own escape from NY to Houston for Yao bucks, let him be.

That's not a true statement.

If they were to trade Amar'e, say to Charlotte for a second round pick, they would pay no luxury tax at all.

Pinning $43M on Lin is completely inaccurate.

crzymdups wrote:

CrushAlot wrote:

crzymdups wrote:

ChuckBuck wrote:Apparently it is:

http://www.ultimateknicks.com/forum/topi...

If you read the article or any of the posts in that thread, you know the tax bill is for the whole roster, not just Lin.

Why not do the same math on Amar'e or Melo or Kidd or Camby or Felton or Novak?

Here's another way to look at it - the Knicks gave Novak $15M for one skill. Lin has at least four elite skills (driving to the rim, drawing fouls, pull up jumpers, passing) and people are balking at paying him $25M.

This is one of the stupidest arguments I have ever heard.

Not signing Lin does nothing to help the team's flexibility. If anything it hurts it - it gives away our most valuable trade chip, possibly next to Shump, for NOTHING.

There are reasons morey and Lin structured the contract the way they did. It was meant to be so prohibitive that the knicks wouldn't match it.

The Knicks can afford it. And they'll make far less advertising money without Lin.

They'll probably even lose money to the Nets.

Dolan is an idiot. There's a reason he's been a failure at every venture he's ever entered into.

Be careful you're using logic some of the clowns on here can't follow logic. I'm not sure who is dumber
Dolan or some of the idiot posters on here.

crzymdups wrote:

ChuckBuck wrote:

Caseloads wrote:True Statement:

Knicks also can't do sign and trades and they would be paying a much higher amount than they ever have in the past.

Also True Statement (directed to feltonandAmare and crzymadups): the knicks would be paying around 43 million in luxury tax for lin ALONE in 2015.

You do not understand how the new luxury tax system works - it is NOT the simple dollar for dollar luxury tax system of the old CBA.

Caseloads, you're my hero!

Guys will defend Lin to their graves, I swear.

Dude engineered his own escape from NY to Houston for Yao bucks, let him be.

That's not a true statement.

If they were to trade Amar'e, say to Charlotte for a second round pick, they would pay no luxury tax at all.

Pinning $43M on Lin is completely inaccurate.

This is true that they could trade Amar'e, but would you rather have Amar'e or Lin? I'm not sold on taking Lin over Amar'e right now. To be honest, with Camby and KT being in, you could consider trading Tyson. He just won DPOY after winning an NBA title the year before. His value is never going to be higher.

The real question is are the Knicks fully committed to wining a championship. If they are then they
sign Lin. If they are not then all hell breaks loose. This franchise will become the full fledged
laughing stock that some people want it to be.

crzymdups wrote:

CrushAlot wrote:

crzymdups wrote:

ChuckBuck wrote:Apparently it is:

http://www.ultimateknicks.com/forum/topi...

If you read the article or any of the posts in that thread, you know the tax bill is for the whole roster, not just Lin.

Why not do the same math on Amar'e or Melo or Kidd or Camby or Felton or Novak?

Here's another way to look at it - the Knicks gave Novak $15M for one skill. Lin has at least four elite skills (driving to the rim, drawing fouls, pull up jumpers, passing) and people are balking at paying him $25M.

This is one of the stupidest arguments I have ever heard.

Not signing Lin does nothing to help the team's flexibility. If anything it hurts it - it gives away our most valuable trade chip, possibly next to Shump, for NOTHING.

There are reasons morey and Lin structured the contract the way they did. It was meant to be so prohibitive that the knicks wouldn't match it.

The Knicks can afford it. And they'll make far less advertising money without Lin.

They'll probably even lose money to the Nets.

Dolan is an idiot. There's a reason he's been a failure at every venture he's ever entered into.

Despite Dolan being an idiot and melo being a hard to like star this situation is not about them. This about morey and Lin presenting the k I is with an offer that almost
assures Lin is a rocket. I think the biggest thing we have in our favor is that Dolan is an idiot and might match. Also, I want Lin back.