Feb 20, 2013, 2:52 PM EDT
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.
Sep 2, 2014, 11:30 PM EDT
NBA Live 15 hits the stores Oct. 7.
Sep 2, 2014, 10:30 PM EDT
Raduljica deserves another NBA contract following adequate rookie year
Sep 2, 2014, 9:30 PM EDT
Mavericks hold draft rights to Finnish point guard who’s under contract with Russian team
Sep 2, 2014, 8:30 PM EDT
Derrick Rose, James Harden and Kenneth Faried appeared stunned by traditional pregame dance
Sep 2, 2014, 7:30 PM EDT
Golden State also announces signing of Aaron Craft, who previously reached deal
Sep 2, 2014, 6:36 PM EDT
Can’t blame a team for trying, I guess.
Sep 2, 2014, 5:45 PM EDT
He will miss most and maybe all of training camp.
Sep 2, 2014, 4:59 PM EDT
I think the Warriors are pretty set at the guard spot, but he would had some toughness.
Sep 2, 2014, 4:13 PM EDT
When big men run the floor hard, good things happen.
Sep 2, 2014, 3:30 PM EDT
Ingles off to hot start in World Cup
Sep 2, 2014, 2:43 PM EDT
I mean, there’s always a chance.
Sep 2, 2014, 2:01 PM EDT
Team USA was supposed to be a perimeter-based team, but through three games the bigs are stealing the show.
Sep 2, 2014, 1:18 PM EDT
Greek Freak in action.
Sep 2, 2014, 12:39 PM EDT
Curry fired back on Twitter to someone who made a joke at the expense of his shoes.
Sep 2, 2014, 11:59 AM EDT
Erik Spoelstra is changing things up a bit.
Sep 2, 2014, 11:18 AM EDT
Rose was originally penciled in as the starter, but Kyrie Irving has been more deserving thus far.
Sep 2, 2014, 10:37 AM EDT
This should make Bulls fans extremely happy.
Sep 2, 2014, 9:59 AM EDT
Cleveland, now with championship aspirations, may not feel the same way.
Sep 2, 2014, 9:22 AM EDT
Mozgov could play with LeBron James, for David Blatt (his Russian national team coach)
Sep 2, 2014, 8:45 AM EDT
The young Pistons could use this kind of locker room leader.
- Report: Washington Wizards contact Ray Allen, too 4
- Hornets rookie Noah Vonleh out 6-8 weeks after sports hernia surgery 14
- USA sails past New Zealand for easy 98-71 win behind Anthony Davis, Kenneth Faried 9
- Ray Allen on making a decision about next season: “I’m not in any rush” 11
- Derrick Rose after first back-to-back in years: “I’m feeling good right now” 5
- Report: Rajon Rondo wants to start season with Celtics, see how things unfold 11
- Rajon Rondo’s agent denies they asked Celtics for a trade 14
- Team USA trails at the half, then pulls away for 98-77 win over Turkey at FIBA World Cup 19