Skip to content

Mike Woodson says Knicks will ‘sit tight’ at trade deadline

Feb 20, 2013, 2:52 PM EST

Mike Woodson, Carmelo Anthony AP

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.

Latest Posts
  1. Wesley Matthews not thrilled to find referee’s junk in his face (video)

    Dec 18, 2014, 3:40 PM EST

    New York Knicks v Portland Trail Blazers New York Knicks v Portland Trail Blazers

    Trail Blazers guard just waiting to check into game, when his personal space gets violated

  2. Andrew Bogut undergoes PRP therapy on knee, out indefinitely

    Dec 18, 2014, 3:09 PM EST

    Denver Nuggets v Golden State Warriors - Game Six Getty Images

    The Warriors are +15.8 per 100 when he is on the court. They will miss him.

  3. Report: Add the Clippers to the list of teams pursuing Corey Brewer (with Rockets, Cavs)

    Dec 18, 2014, 12:22 PM EST

    Los Angeles Lakers v Minnesota Timberwolves Getty Images

    It would be very difficult for the Clippers to find a deal Minnesota would like.

  4. Carmelo Anthony introduces his latest signature shoe, the Jordan Melo M11

    Dec 18, 2014, 11:51 AM EST

    IMG_2292

    Plenty of photos and a recap of this week’s launch event from Jordan Brand’s Terminal 23 space in NYC.

  5. C.J. Miles gets up, throws down on Clippers (VIDEO)

    Dec 18, 2014, 10:12 AM EST

    He turned the table on the Clippers and dunked on them.

  6. Giannis Antetokounmpo sprains ankle, leaves Bucks game not to return

    Dec 17, 2014, 11:46 PM EST

    Milwaukee Bucks v Portland Trail Blazers Getty Images

    He walked off under his own power but did not return.

  7. Report: Mavericks and Celtics in ‘substantive discussion’ about Rajon Rondo trade

    Dec 17, 2014, 11:33 PM EST

    Boston Celtics v Dallas Mavericks Getty Images

    Rockets, Kings and Knicks also reportedly inquiring about Celtics point guard

  8. Adam Silver says Charlotte hosting All-Star Game is inevitable

    Dec 17, 2014, 10:25 PM EST

    Adam Silver AP

    In related news, Hornets got a ton of public funding to upgrade arena

Featured video

Can red hot Warriors sustain success?
Top 10 NBA Player Searches
  1. D. Favors (7478)
  2. K. Martin (6955)
  3. J. Noah (6904)
  4. A. Davis (6816)
  5. D. Cousins (6601)
  1. A. Bogut (6474)
  2. T. Jones (6430)
  3. T. Parker (6405)
  4. K. Leonard (6234)
  5. D. Lee (6084)