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.
Jul 6, 2015, 8:00 AM EDT
This is a good pickup for the Raptors.
Jul 6, 2015, 1:51 AM EDT
He fits well with what George Karl wants to do.
Jul 6, 2015, 12:28 AM EDT
Whether regular season or Summer League, we love us some buzzer beaters.
Jul 5, 2015, 11:30 PM EDT
Evans won the 2012 dunk contest.
Jul 5, 2015, 10:32 PM EDT
This seems steep, they could have gotten him for less.
Jul 5, 2015, 8:59 PM EDT
The Lakers will need to move Young to clear the cap space for their other moves.
Jul 5, 2015, 7:30 PM EDT
Dallas doesn’t have much to offer.
Jul 5, 2015, 6:00 PM EDT
Dan Gilbert is not afraid to write checks.
Jul 5, 2015, 4:42 PM EDT
The Lakers added the 2015 Sixth Man of the Year.
Jul 5, 2015, 4:00 PM EDT
The Hawks signed Millsap to a max deal earlier this week.
Jul 5, 2015, 2:29 PM EDT
Stuckey had a standout year for Indiana last season.
Jul 5, 2015, 2:00 PM EDT
Ginobili has yet to announce his future plans.
Jul 5, 2015, 12:30 PM EDT
LeBron is going to win, Tristan Thompson is going to get his money.
Jul 5, 2015, 11:00 AM EDT
Another guy who took less money to avoid playing in Sacramento.
Jul 5, 2015, 9:30 AM EDT
L.A. is all kinds of desperate now that DeAndre Jordan has bolted for the Mavericks.
Jul 5, 2015, 8:00 AM EDT
How will Blazers fans react when Aldridge returns?
Jul 5, 2015, 3:12 AM EDT
Quality pickup by the Kings.
Jul 5, 2015, 12:14 AM EDT
Phil Jackson gets a gold star for this move.
Jul 4, 2015, 11:00 PM EDT
McRae was the 58th overall pick in the 2014 draft, and is a member of Philadelphia’s Summer League squad.
Jul 4, 2015, 9:30 PM EDT
Nice addition by Orlando.
- Report: Detroit Pistons sign restricted free agent Reggie Jackson for five-years, $80 million 32
- Report: Lakers near deal to sign Brandon Bass, may trade Nick Young 27
- Spurs reset franchise for post Tim Duncan life in one impressive week 19
- Report: Lakers, Pacers reach deal to trade Roy Hibbert to LA 58
- LaMarcus Aldridge has chosen to sign with Spurs 85
- Who should Clippers get to replace DeAndre Jordan? How about Blake Griffin. 43
- Report: Tobias Harris reaches four-year, $64 million extension to stay with Orlando 25
- Report: Rajon Rondo agrees to one-year, $9.5 million deal with Sacramento Kings 48