Feb 20, 2013, 2:52 PM EST
We’re seeing the list of teams that are coming out and saying they won’t be doing anything at the trade deadline grow longer by the minute, and with good reason.
The new tax structure in the recently negotiated collective bargaining agreement, which goes into full effect next season, is scaring teams from adding salary and going into luxury- or repeater-tax territory, even if a trade would help in terms of projected wins and losses.
The Knicks are among the teams well over the $58.044 million salary cap number the league put in place for 2012-13, and are already into luxury tax territory with their team payroll for this season coming in at over $80 million, well over the $70.307 million tax-paying threshold.
With all of that in mind, and with no blockbuster deal on the horizon that would be certain to improve the Knicks to the point of a guaranteed trip to the Finals, the comments from the team’s head coach on Wednesday regarding the possibility of a deal happening in advance of Thursday’s deadline were not surprising.
From Al Innazzone of Newsday:
Mike Woodson reiterated that he doesn’t expect the Knicks to make a trade before Thursday’s deadline and that Iman Shumpert would remain in New York.
“I think we’ll sit tight and try to make this final run with what we have,” Woodson said at Wednesday morning’s shootaround.
Of course, things can change between now and 3 p.m. Thursday.
Shumpert wasn’t fetching anywhere near what the Knicks were hoping for in return, so it makes sense to keep a solid perimeter defender who’s still on his rookie contract, rather than add veteran pieces that may or may not be long-term fits for what the team is trying to accomplish.
Dec 18, 2014, 4:05 PM EST
Down goes Rocky, down goes Rocky
Dec 18, 2014, 3:40 PM EST
Trail Blazers guard just waiting to check into game, when his personal space gets violated
Dec 18, 2014, 3:09 PM EST
The Warriors are +15.8 per 100 when he is on the court. They will miss him.
Dec 18, 2014, 3:03 PM EST
Celtics forward shows up Magic
Dec 18, 2014, 2:28 PM EST
Updated with Lakers’ reported offer
Dec 18, 2014, 1:36 PM EST
Trade talks for Celtics point guard heating up
Dec 18, 2014, 12:55 PM EST
Where does this rank among LeBron’s most-lopsided losses?
Dec 18, 2014, 12:22 PM EST
It would be very difficult for the Clippers to find a deal Minnesota would like.
Dec 18, 2014, 11:51 AM EST
Plenty of photos and a recap of this week’s launch event from Jordan Brand’s Terminal 23 space in NYC.
Dec 18, 2014, 11:13 AM EST
This would shake up the balance of power in the West.
Dec 18, 2014, 10:21 AM EST
It’s is the ninja turtle time of year.
Dec 18, 2014, 10:12 AM EST
He turned the table on the Clippers and dunked on them.
Dec 18, 2014, 8:00 AM EST
Don’t worry. He still got off a jumper (which he missed)
Dec 18, 2014, 2:05 AM EST
James Harden and Dwyane Wade broke the 40 point barrier.
Dec 18, 2014, 1:31 AM EST
Another fine defensive moment from James Harden.
Dec 18, 2014, 12:54 AM EST
I can’t wait until the Western Conference playoffs.
Dec 17, 2014, 11:46 PM EST
He walked off under his own power but did not return.
Dec 17, 2014, 11:33 PM EST
Rockets, Kings and Knicks also reportedly inquiring about Celtics point guard
Dec 17, 2014, 10:25 PM EST
In related news, Hornets got a ton of public funding to upgrade arena
Dec 17, 2014, 9:30 PM EST
Rapper dubs Kyle Lowry ‘baby-faced assassin’
- Andrew Bogut undergoes PRP therapy on knee, out indefinitely 3
- Report: Mavericks trading for Rajon Rondo could happen ‘sooner rather than later’ 6
- Carmelo Anthony introduces his latest signature shoe, the Jordan Melo M11 7
- Report: Rondo “open” to re-signing in Dallas, Houston if traded there 18
- PBT’s Wednesday Night NBA Winners/Losers: You will not question if Memphis is legit again 17
- Grizzlies top Spurs in triple overtime. Best game of the season. So far. 5
- Report: Mavericks and Celtics in ‘substantive discussion’ about Rajon Rondo trade 24
- Report: Celtics now more willing to trade Rajon Rondo 13