Knicks · Is this Hardaway deal a potential Sign n Trade? I though we only had 16mill in cap space (page 1)

dwiley20 @ 7/7/2017 8:09 AM
or is his first year salary will be the lowest? How does Drose cap hold work?
ccinflushing @ 7/7/2017 8:20 AM
Nope can't do a sign and trade - offer sheet's already been submitted. It depends on what the initial year offer is but we might just have enough to squeeze the contract in.
ccinflushing @ 7/7/2017 8:43 AM
Here's our current cap situation:

2017-18 salary situation (courtesy of Basketball Insiders and The Vertical)
Carmelo Anthony $26,243,760
Joakim Noah $17,765,000
Courtney Lee $11,747,890
Lance Thomas $6,655,325
Kristaps Porzingis $4,503,600
Kyle O'Quinn $4,087,500
Mindaugas Kuzminskas $3,025,035
Guillermo Hernangomez $1,435,750

Guaranteed Total: $75,463,860

Ron Baker $1,512,611 (Qualifying Offer - Gilbert Arenas)
8th Draft Pick $3,501,120
Roster Charge x2 $1,631,230

Total Incl Holds $82,108,821

Salary Cap $99,093,000

Available Cap Space $16,984,179

Non-Guaranteed Salaries:
Marshall Plumlee $1,312,611
Chasson Randle $1,312,611

ccinflushing @ 7/7/2017 8:55 AM
at the $16.5MM reported initial year, we would still have room to sign Dotson to a 4 year contract
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