Knicks · Gallo gets 2yr $34M from Denver! Holy smokes. (page 1)

crzymdups @ 7/21/2015 3:00 PM
crzymdups @ 7/21/2015 3:01 PM
Denver Nuggets forward Danilo Gallinari is finalizing an agreement on a two-year extension worth an additional $34 million on his contract, league sources told Yahoo Sports.


The deal is a restructuring that includes a $2.5 million increase on the $11.5 million owed to Gallinari as he enters the final year of his contract in 2015-16, sources said.
Under the newly negotiated terms, Gallinari will make $14 million this season, the first of a deal that runs through the 2017-18 season, sources said. He will make $15.5 million in 2016-17 and has a player option worth $16.1 million for the third year of the deal and a full trade kicker, sources said.

Gallinari is eligible for the extension because he’s signing a four-year-plus deal after three years from the date of his previous extension. The Nuggets have the requisite salary-cap space to redo Gallinari’s deal too, a benefit of trading guard Ty Lawson to Houston on Sunday night.

Under the same provision in the NBA’s collective bargaining agreement, Denver extended Wilson Chandler on a four-year, $46 million deal last week.

Denver has reached extensions with three core forwards in the past year: Gallinari, Chandler and Kenneth Faried.

Across six NBA seasons – and an interruption because of a torn ACL in 2013 – Gallinari has averaged 14.2 points and 36.7 percent on 3-pointers.

Gallinari, 26, played two-plus seasons with the Knicks, where he emerged as one of the NBA’s best young offensive forwards. The Knicks drafted him with the sixth overall pick in the 2008 NBA draft. New York traded Gallinari to Denver as part of the Carmelo Anthony deal in 2011.

BRIGGS @ 7/21/2015 3:04 PM
crzymdups wrote:

Thats a pretty smart deal by both sides. You take Gallo's 11mm this year and add 34mm 45mm over 3 is 15mm per which is about right. 45mm total is not a huge commitment compared to 75-85. In Gallaos case hes been injured severely 2wice. Taking the 34mm is smart.

Knicks1969 @ 7/21/2015 3:11 PM
Denver has no clue
Knixkik @ 7/21/2015 3:20 PM
And now Gallinari and Chandler are combined making way more money than Melo while Gallinari has only had one moderately healthy season since coming to Denver 4 years ago. Times have changed, luckily we locked up Melo early and can at least ride out his prime years on old salary cap money.
ChuckBuck @ 7/21/2015 3:20 PM
#Ga77ogetsdo77ado77abi77sya77

Absurd money for a second maybe third tier wing player.

mreinman @ 7/21/2015 3:43 PM
BRIGGS wrote:
crzymdups wrote:

Thats a pretty smart deal by both sides. You take Gallo's 11mm this year and add 34mm 45mm over 3 is 15mm per which is about right. 45mm total is not a huge commitment compared to 75-85. In Gallaos case hes been injured severely 2wice. Taking the 34mm is smart.

brilliant deal for denver

Bonn1997 @ 7/21/2015 3:44 PM
mreinman wrote:
BRIGGS wrote:
crzymdups wrote:

Thats a pretty smart deal by both sides. You take Gallo's 11mm this year and add 34mm 45mm over 3 is 15mm per which is about right. 45mm total is not a huge commitment compared to 75-85. In Gallaos case hes been injured severely 2wice. Taking the 34mm is smart.

brilliant deal for denver


LOL!
dk7th @ 7/21/2015 4:02 PM
here's hoping he has a breakout season and puts up allstar numbers. but golly that's a big gamble by denver.
knicks1248 @ 7/21/2015 4:03 PM
why are some of you surprise at this contract, i keep telling ppl, melo wont even be in the top 50 on the pay scale by his forth yr.

I figure by yr 4 (of melos contrat), the top players in the league will be making upwards of 30 to 35 million a yr.

crzymdups @ 7/21/2015 4:05 PM
knicks1248 wrote:why are some of you surprise at this contract, i keep telling ppl, melo wont even be in the top 50 on the pay scale by his forth yr.

I figure by yr 4 (of melos contrat), the top players in the league will be making upwards of 30 to 35 million a yr.

Gallo has played in 59% (344gm/574gm) of the possible games he could play in over a seven year career. He has a pretty long track record of not being healthy for long stretches. Seems insane to commit $15M+ per year for three years to a guy who might not play in half the games.

Nalod @ 7/21/2015 4:27 PM
Kicking Him down won't elevate Melo up.

Let each succeed on their own merits! If every team only resigned players that never got injured they would have thin rosters.

crzymdups @ 7/21/2015 4:29 PM
Nalod wrote:Kicking Him down won't elevate Melo up.

Let each succeed on their own merits! If every team only resigned players that never got injured they would have thin rosters.

Who's trying to elevate Me7o up? It just seems like a lot of money for a guy who has been on the court for about half the games in his career. It seems like a lot of money period.

mreinman @ 7/21/2015 4:30 PM
Nalod wrote:Kicking Him down won't elevate Melo up.

Let each succeed on their own merits! If every team only resigned players that never got injured they would have thin rosters.

many of us like gallo a lot yet he has had a very disappointing career yet he is getting paid as if he hasn't

stop policing everyone

BRIGGS @ 7/21/2015 4:44 PM
Would you rather have Lopez at 4 years 54mm or Gallinari at 3 years 45mm? Its a no brainer for Gallinari. This is the new NBA norm--no one has to worry if we can move a Melo contract its very fluid.
Nalod @ 7/21/2015 4:48 PM
Shump got a 40 mil deal. Seems like middle tier guys are getting money with the new deal.

If the docters don't think his previous injuries are chronic then look at what he does on the court when he is there.
I don't make the numbers, but it seems like we love to kick down traded players once they are gone. Me70 Homers usually feel better about trades when those guys are out.

Last I saw neither franchise did well with the trade they made. NY got a marketable player. I Like Melo, and I liked Gallo, Shy Wilson and THE MOZ.
The money is crazy. That I agree.

WaltLongmire @ 7/21/2015 5:01 PM
They are paying him for how he plays when healthy. Players have no control over getting injured. Might have had some bad medical folks working on him after the injury a few years ago, too.

Even with a new coach they think he has value.

Playing a full season would be a nice thing, though.

EnySpree @ 7/21/2015 5:20 PM
mreinman wrote:
BRIGGS wrote:
crzymdups wrote:

Thats a pretty smart deal by both sides. You take Gallo's 11mm this year and add 34mm 45mm over 3 is 15mm per which is about right. 45mm total is not a huge commitment compared to 75-85. In Gallaos case hes been injured severely 2wice. Taking the 34mm is smart.

brilliant deal for denver

Brilliant?

Nobody was going to pay him that money. Gms are throwing money at guys just because the cap is going up. It's ridiculous. How do these teams get better if everyone is getting over paid? The punt of the extra cap is to sign more players not over pay for 3rd tier mediocrity.

mreinman @ 7/21/2015 5:21 PM
EnySpree wrote:
mreinman wrote:
BRIGGS wrote:
crzymdups wrote:

Thats a pretty smart deal by both sides. You take Gallo's 11mm this year and add 34mm 45mm over 3 is 15mm per which is about right. 45mm total is not a huge commitment compared to 75-85. In Gallaos case hes been injured severely 2wice. Taking the 34mm is smart.

[sarcasm]brilliant deal for denver[/sarcasm]

Brilliant?

Nobody was going to pay him that money. Gms are throwing money at guys just because the cap is going up. It's ridiculous. How do these teams get better if everyone is getting over paid? The punt of the extra cap is to sign more players not over pay for 3rd tier mediocrity.

fixed

EnySpree @ 7/21/2015 5:21 PM
WaltLongmire wrote:They are paying him for how he plays when healthy. Players have no control over getting injured. Might have had some bad medical folks working on him after the injury a few years ago, too.

Even with a new coach they think he has value.

Playing a full season would be a nice thing, though.

I used to be able to dunk. Should I get paid 17 mil a year for what I used to be able to do?

Rosey @ 7/21/2015 7:57 PM
This is the NBA world we now live in.
Page 1 of 3
Back to Knicks Forum
2026 © UltimateKnicks.com