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Report says Knicks to shop Amar’e Stoudemire this summer, but reasoning is flawed

Mar 2, 2014, 11:00 AM EDT

New York Knicks  v Philadelphia 76ers Getty Images

It’s no secret that the Knicks would love to rid themselves of the contract of Amar’e Stoudemire, and not just because he is due more than $23 million next season and his contract is uninsurable against any future injury.

That’s a huge chunk of salary that’s preventing New York from rebuilding quickly through signing star-level free agents, so anything the team could do to remove that contract from its books would almost certainly be open for discussion.

But offering Stoudemire to a team that hasn’t yet used its amnesty clause isn’t one of them, because that team wouldn’t be able to use it after acquiring Stoudemire under the rules of the latest collective bargaining agreement.

From Gary Washburn of the Boston Globe:

The Knicks have limited options to improve this summer but a move they are expected to make is offering the expiring contract of Amar’e Stoudemire to a team that has not already used its amnesty clause. That team in turn could trade the Knicks the long-term, unwanted contract of an impact player, such as the Pelicans’ Eric Gordon.

The Knicks would have no problem taking on Gordon’s deal, which is another that’s scheduled to pay out more than the expected level of production is worth. But the Pelicans (or any other team that trades for Stoudemire) wouldn’t be incentivized to make this trade by having the ability to then amnesty Stoudemire.

From Larry Coon’s CBA FAQ (Q. 68):

“For a player to be eligible for the Amnesty provision he must be on his team’s roster continuously from July 1, 2011 to the date he is amnestied, without any new contract, extension, renegotiation or other amendment to his contract in the meantime. Players who were waived prior to July 1, 2011 and are still receiving guaranteed salary are also eligible. Teams cannot amnesty players they sign, receive in trade, extend, renegotiate, or otherwise amend after July 1, 2011.”

Someone may find a reason to trade for Stoudemire this summer, because next season is the final year of that contract, which would then open up plenty of cap space the following season. And, the Pelicans have long been trying to deal Gordon, who is a solid player when healthy but hasn’t yet lived up to a contract that has more than $30 million remaining over the next two seasons.

But teams that haven’t used their amnesty clause yet won’t be a factor, because that provision only applies to players currently on the team who have been there since July of 2011.

  1. bucrightoff - Mar 2, 2014 at 11:17 AM

    The Amare contract has to be one of the 10 worst in NBA history. Just a horrible contract. I seriously doubt anyone trades for him unless the Knicks are throwing in other players or picks. Why would anyone help the Knicks for free?

    • Kevin S. - Mar 2, 2014 at 11:21 AM

      There’s value to an expiring contract, but Amar’e’s is so huge, most teams don’t have *that* much long-term salary they want to dump. And anything they take back would wreck their 2015 cap space which, uncertain as that route is, is probably their best route back to relevance.

    • jimmybx - Mar 2, 2014 at 12:15 PM

      Idiot post. If anyone trades for Amare it’s to help themselves get under the salary cap. The trade would be STUPID for the Knicks, since they’re set to lose somewhere between 40-45 million off the cap by the end of next season if they simply allow guys like Amare and Chandler to walk away. Trading Amare means the Knicks take back salaries like Gordon’s for example. Why should the Knicks waste their time taking Gordon, while giving up salary cap space? Amazing how clueless NBA fans and media members are.

      The Knicks losing Amar’e’s contract after this season is pointless, since they wouldn’t be under the cap and there aren’t any real free agents to go after.

      This article was written by a dope who made up some rumor, under the guise of “reports say”….Please. The most likely scenario is the Knicks simply cutting Amare after the season is over. The Knicks are focused on 2015’s free agency class where they will be ENORMOUS players in.

    • chicagosports2014 - Mar 2, 2014 at 4:20 PM

      LMAO very funny article.

    • 00maltliquor - Mar 3, 2014 at 12:09 AM

      Remember when Amare was the NY savior. Him AND Felton (to a degree). hehehe

    • bballhistorian - Mar 3, 2014 at 1:02 AM

      I agree. Up there with Gilbert Arenas & Rashard Lewis.

    • daddyghi - Mar 3, 2014 at 8:05 AM

      cant blame the knicks about offering Amare that huge contract. Back then, Amare was one of the elite players in the league and the Knicks are desperate to have one at that time. They where planning to build a team around Amare back then until Melo came in t

    • daddyghi - Mar 3, 2014 at 8:05 AM

      cant blame the knicks about offering Amare that huge contract. Back then, Amare was one of the elite players in the league and the Knicks are desperate to have one at that time. They where planning to build a team around Amare back then until Melo came in to town.

  2. dinofrank60 - Mar 2, 2014 at 11:42 AM

    I think someone from the league should explain, without giving up his/her identity, what the true purpose of the CBA is. Let everyone, in the rectangle, know: owners., players, media and fans.
    Why it punishes for mistakes and why it is difficult to quickly remedy them.
    Why it puts a crimp into free agency.
    Why it puts a monkey wrench into trades that might benefit both teams.
    Why, I as a fan, am supposed to be all for this business model. (I can’t wait for that!)

    • sackofrice - Mar 2, 2014 at 12:58 PM

      its only made to set a cap on players’ salaries. so it takes about a decade to get to 20 mil per year.

    • therealhtj - Mar 2, 2014 at 2:40 PM

      The owners opted for profitability while the players took guaranteed money. And say what you will about good programs in OKC and San Antonio, it’s the small markets that wanted it this way, and will never, never agree to a free market system like MLB.

      I can certainly understand the players perspective, especially considering Derek Fisher was their union leader at the time, would’ve been one of the first cuts had the new CBA allowed for it. The owners? I guess they figured it was a fair trade off. The only ones really hurting are the fans.

      At least 10 teams have absolutely no interest in winning right now. Another 10 play a watchable brand of basketball. Only 10 or so teams are giving their all, and about 6 have some title hopes.

      I don’t know if being able to cut dead weight from rosters fixes this over night, but it sure won’t hurt.

      • dinofrank60 - Mar 2, 2014 at 9:10 PM

        Team A and Team B have a deal that benefits both teams. But they can’t make this deal because of the CBA. That’s good for them? For the league? And I have to watch my team flounder because of it?

        Oops, that’s right, I’m not supposed to be that way. I, as a fan, should really let the experts tell me everything I need to know. I slipped up, sorry.

  3. cantonbound13 - Mar 2, 2014 at 11:47 AM

    Why would you take another player with a bad knee & huge contract?

    • leahcima1 - Mar 2, 2014 at 3:11 PM

      Taking a break from the Knicks Bulls game. The Knicks are in another hard fought battle. If they lose this squeaker the good new is that they’ll be one step closer to a top four pick in a deep draft. Go Knicks. Hope you’re enjoying your season Mr. Canton Bound?

      • therealhtj - Mar 2, 2014 at 4:39 PM

        Other than that little tidbit about the Knicks trading away this year’s first round pick, you’re right on the money!

      • cantonbound13 - Mar 2, 2014 at 5:48 PM

        No hate in that comment? No name calling? You might be growing up after all.

      • casualcommenter - Mar 3, 2014 at 2:34 AM

        “No hate in that comment? No name calling? You might be growing up after all.” – Cantonbound

        By those standards, Cantonbound, you’re not a grown up either.

  4. dondada10 - Mar 2, 2014 at 12:06 PM

    STAT is going to turn into the modern day Pat Ewing. What I mean by that is the Knicks could’ve let Ewing’s contract expire way back when but traded him for a longer contract (Glen Rice). What began was a series of moves that were made in hopes of making the playoffs–not contending for a title.

    Donnie Walsh, the biggest loss the Knicks took in the last decade, fixed all that by letting bad contracts expire.

    Right now the Knicks should just once again eat the bullet and let STAT/Andrea Barngiari expire in hopes of making a run in 2015. But you have to sign Melo or else losing this year’s pick is just that much more of a tragedy.

    • jimmybx - Mar 2, 2014 at 12:29 PM

      Donnie Walsh is the reason the Knicks don’t have a bench. He’s the single biggest animal GM the Knicks have ever had. As if a GM is supposed to be applauded for trading off good players for expiring contracts, lose and then tank every draft he was in charge of. A real GM would have had a team of Serge Ibaka, Carmelo Anthony, Lance Stephenson and either Jrue/Lawson/DeRozan. This would have been effective selections from the 2008, 2009 and 2010 drafts.

      Every significant Knick from last year’s 54 win squad was acquired by Grunwald.

      • mnew90 - Mar 2, 2014 at 1:03 PM

        I think you are forgetting the absolute most significant player from last season…Carmelo Anthony. It was Walsh, not Grunwald who stockpiled serviceable, solid young talent who were packaged in a deal to acquire new Yorks best player in a decade. That being said, Walsh was cut out of the trade negotiation midway thru it by Dolan. This is because Walsh believed Denver was asking far too much midseason and that seeing as Melo ONLY wanted to come to NY, he would be attainable in the offseason. So alas DOLAN ruined the team by trading our team away. I also believe the Tyson signing was very bad, we wasted our amnesty and invested big money and years in a player who plays one side of the ball instead of waiting to make a bid on a Chris Paul, Dwight Howard or the like.

    • cantonbound13 - Mar 2, 2014 at 1:14 PM

      You nailed it. Unfortunately Dolan doesn’t have patience.

  5. sellahh - Mar 2, 2014 at 12:07 PM

    Didn’t the Wizards trade for Rashard Lewis and amnesty him after? And the Magic with Arenas? Or am I wrong?

    • dondada10 - Mar 2, 2014 at 12:14 PM

      That all may have been before the current CBA.

      • sellahh - Mar 2, 2014 at 12:37 PM

        I’m pretty sure the amnesty clause as it is today was introduced post-lockout.

      • Kevin S. - Mar 2, 2014 at 3:33 PM

        Yes, but the trade was pre-lockout.

    • mytthor - Mar 2, 2014 at 1:07 PM

      You don’t have to be the team that signed him to the contract, but the player had to be on the roster when the CBA was signed.

      • sellahh - Mar 2, 2014 at 1:47 PM

        I’m really confused.
        So, do you mean that a player could have been signed and then traded and then (after new CBA) still could have been amnestied but when he’s been signed and then after the new CBA he got traded he couldn’t have been amnestied anymore? I mean I’m pretty sure ‘Shard was amnestied way after new CBA came into play, and it was done by the Wiz, not the Magic.
        So, why can’t NO trade for Amare and amnesty him?

      • mytthor - Mar 4, 2014 at 2:40 AM

        the amnesty provision was written to specifically apply to players that were on the teams’ roster at the time the CBA was signed. Not reading from the CBA or anything, just going off memory.

    • detectivejimmymcnulty - Mar 2, 2014 at 4:02 PM

      The Wizards traded Lewis to NO with Ariza for Emeka Okafor. He was never amnestied.

      Gilbert was traded to the Magic, but it was before the new CBA was signed that included the amnesty provision. To be amnestied a player had to be on the teams roster prior to the CBA, regardless of how that player got there.

  6. beach305 - Mar 2, 2014 at 12:18 PM

    Knicks and Bulls were both desperate when Bosh went go the Miami Heat. Can’t blame them.

    • dondada10 - Mar 2, 2014 at 1:24 PM

      Right because Bosh was the biggest free-agent that year…

  7. scottychicago - Mar 2, 2014 at 12:23 PM

    fairly certain Arenas and Lewis were traded before the lockout, therefore they were both able to get the amnesty.

    • sellahh - Mar 2, 2014 at 1:52 PM

      oh, so thats what it means. kinda clarifies everything

  8. legend30 - Mar 2, 2014 at 12:51 PM

    They should let STAT contract expire, if they trade for E. Gordon then this will be a start of another decade of mediocrity for the New York Knicks. I mean this is the Knicks we are talking about, so they’ll probably make bunch of panic moves this summer. And remember they don’t have a 1st round pick, so James Dolan is bound to make a terrible decision.

    • bkbell3 - Mar 3, 2014 at 5:19 AM

      I agree but as Dallas found out cap space doesn’t guarantee that you will be able to sign any free agent you want as the lakers also found out with Howard.Also large expiring contracts don’t have the value they used to with the new cba and it’s shorter contracts and the stretch provision etc.Same with sign and trades which are only 4 years max and have lower yearly raised and are the same as a player just walking to a team as a free agent. No more 5 year max contracts with higher raises is sign and trades just in max deals using bird rights to keep your own free agent.Also in sign and trades AFTER the trade is completed you can’t be over the apron.

  9. hildezero - Mar 2, 2014 at 12:59 PM

    Both Amare’e and Gordon are not living up to their contracts?… XD Right now the Suns front office are laughing their ass off!

  10. sportsfan18 - Mar 2, 2014 at 1:13 PM

    Based on the rumors about the Pistons, I think the Knicks just might be able to move Stat after all…

    Gores, Dumars, and now maybe Isiah Thomas?

  11. jolink653 - Mar 2, 2014 at 1:52 PM

    So the Knicks want to trade Amare’s expiring massive deal for a slightly less-expensive, longer term mistake of a deal? I’d say this move obviously wouldn’t make sense from a common sense standpoint, but being a Knicks fan, I assume this trade will go through because they are just so incompetent that something like this would be right up their alley

  12. sportsnut101 - Mar 2, 2014 at 4:24 PM

    I love how writers think only for the Knicks team like amare is great and sumone wants to give him 23 mil not to play as long as it helps the Knicks. Is this Espn writer. Who thought gasoline was easy to trade.

  13. campcouch - Mar 2, 2014 at 9:14 PM

    STAT still wins no matter what.

    • sportsfan18 - Mar 2, 2014 at 9:28 PM

      Well, after this season, Amare will have earned OVER $142 million dollars just from his basketball salary alone…

      I’d say he was declared the victor many yrs ago already…

  14. bosb88 - Mar 2, 2014 at 10:41 PM

    Have to feel bad for Knick fans. A couple of years ago the fans and media were all chirping about Melo “coming home” and the thought was the Knicks would be serious title contenders. Melo has shown he is simply not good enough to carry a team and the Knicks continue to be the biggest joke in the NBA.

  15. maddnola - Mar 2, 2014 at 11:46 PM

    The Pelicans are not moving Gordon he is finaly healthy too bad it’s when the rest of the roster is gone but he is healthy and for once looking good doubt them move him now. The guy was just dinged up and misdiagnosed. He got his rest and has been one of our healthiest guys this year, which ain’t saying much.

    • 00maltliquor - Mar 3, 2014 at 12:23 AM

      I’ve watched a lot of EG here in So Cal while he was playing on the Clippers. I also got NBA league pass and watch a myriad of NBA games, including the Peli’s (can I call them the “Peli’s”?). Let me just tell you, he’s not even close to the “old” EG that he was before.

      Not saying that that’s his fate, not ever getting back to old form, then from there continuing to grow since he’s still young, but it ain’t looking too great.

  16. nykfanwakemeupin2015 - Mar 3, 2014 at 9:54 AM

    Let him walk. The expiring contract is grossly over rated in the NBA especially when trading away the expiring vs receiving it.

  17. caeser12 - Mar 3, 2014 at 11:35 AM

    The Knicks had a chance to Amnesty Stat but let sentimentality get in the way, and amnestied Billups (who was in the last year of his contract) instead. They then signed Tys-Cream Chandler (he of the lower body strength of a newborn calf) that took them out of the Chris Paul derby. So it’s just my Knicks being the Knicks, always looking behind instead of forward.

    Thanks Dolan: Ruining the Knicks, and the Billion Dollar Comedy Club, formerly known as Madison Square Garden, since 1999.

    Go NY.

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