Tag: David Lee (Page 4 of 8)

NBA’s 2010-11 cap number announced…

…and it’s quite a bit higher than originally projected.

The New York Knicks and other teams hoarding salary-cap space got some good news Friday when they were told at the league’s Board of Governors meeting that the projected 2010-11 salary cap will be $56.1 million.

That figure was $2 million to $3 million more than most teams had been expecting, and for the Knicks it ensures they have enough cap space this summer to sign two maximum-salary free agents.

Other teams that will be positively affected by Friday’s news include the Nets, Heat, Wizards, Bulls, Clippers and Timberwolves.

The NBA warned that the cap number might be as low as $50 million to $53 million, so this is good news for all the teams looking to cash in their cap space for a good free agent or two this summer. Check that — since they’re all way under the cap, it really doesn’t matter to those teams. It’s great news for the players, who will now find that there are now nine teams with at least $14 million in cap space heading into this summer. In essence, that’s an extra $22.5 million for just those nine teams. That list includes three playoff teams — Miami ($43.6 M, assuming Wade opts out), Chicago ($20.5 M) and Oklahoma City ($14.0 M).

This news may not matter much to big name free agents like LeBron or Dwyane Wade, who are going to get max contracts no matter where they go, but second-tier players like David Lee or Rudy Gay should definitely benefit from the extra available money that will be thrown around.


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David Lee is uncertain about the summer

The soon-to-be free agent has had a career season for the Knicks, averaging 20-12, while shooting almost 55% from the field en route to his first All-Star nod. He told the New York Times that he doesn’t have any idea what’s going to happen this summer.

“I don’t know how the Knicks are going to do timetable-wise, or if LeBron is going to have a decision made by July 1 or Sept. 1,” Lee said. “I don’t know how it’s going to work. At this point, I’m just going to look at everything as it comes to me and let my agent do his job.”

Ideally, the Knicks would sign two superstars, with James and Bosh the top targets. That would require renouncing the rights to all of their free agents, including Lee. But there are countless ways to spend the cap space. They could sign one marquee player and have enough left to sign Lee and another solid free agent. Or they could strike out entirely on the marquee players, in which case they will have plenty of room for Lee — and a long line of depressed season-ticket holders.

Chris Sheridan writes that it’s likely that another team will make him a sizable offer early in free agency and ask him to make a quick decision.

There’s a significant chance someone makes David Lee a take-it-or-leave-it offer that he’ll have to make a choice on almost instantly, and that could happen on the second or third day of July if the Knicks are still waiting on James. If Lee bolts, their best sign-and-trade asset will have disappeared, too. Gonna be an interesting July, eh?

I agree with Sheridan. Some savvy, second-tier team with cap space — I’m talking New Jersey, Washington, Sacramento, LA Clippers, Oklahoma City or Minnesota — will realize that their chances of landing a top-tier free agent like LeBron James or Dwyane Wade is next to nil, and will make a move on the Knicks’ backup plan (Lee) when they’re still wooing one of the big-name free agents. (By the way, when I say “second-tier,” I’m talking about the size of the market, the quality of the team and the franchise, etc. I would say that the Bulls, Knicks and Heat are top-tier free agent landing spots.)

If a team like the Nets makes Lee an offer averaging $10-$11 million per season and puts a time limit on it, it’s going to be tough for Lee to sit around while the Knicks figure out who they can and cannot sign. And if Lee is no longer an option, then there goes the Knicks’ best sign-and-trade chip, which is why Peter Vescey advocated last week that the franchise should re-sign Lee as soon as possible this summer.


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What’s the worst-case scenario for the Knicks?

New York Post columnist Peter Vecsey isn’t optimistic about the Knicks’ chances in free agency, and he’s not afraid to say so.

Shows what kind of jagged competition the Knicks are in for this summer when the free-agent grab bag unties. If LeBron James isn’t game to accept almost half of their $33 million surplus, you can kiss off Dwyane Wade, too.

Where will that leave the Knicks? Chris Bosh is next in line. As good as he is, he has not been good enough to take the Raptors anywhere worthwhile (two first rounds) in this, his seventh season. He is better defensively than David Lee, but across the stats sheet, there’s not a discernable difference, and Toronto might get best of that deal. Bosh is a perfect Poncho to Cisco in Miami.

Vescey goes on to predict that Joe Johnson will re-up in Atlanta, that Amare Stoudemire and Mike D’Antoni wouldn’t click, that the Grizzlies will match any offer for Rudy Gay, and that the Knicks would be “lucky” to get Carlos Boozer.

In the final analysis, the Knicks may have to “settle for” re-signing Lee. Something they had better do as soon after July 1 as possible . . . before the Nets lock him up and he becomes a perennial All-Star alongside Brook Lopez . . . and they are stuck adopting unadoptable free agents.

I’m not as down on the Knicks’ chances of striking gold as Vescey seems to be. Let’s not forget that they play at Madison Square Garden in the media capital of the world and that they’re coached by Mike D’Antoni who plays an up-tempo system that players seem to love.

I could see the Knicks being in a situation where they’re hoping Memphis doesn’t match their offer for Rudy Gay and praying that David Lee is willing to come back after all the Knicks have put him through. I can also see a scenario where LeBron James, Dwyane Wade and Chris Bosh all take a bit less money to play for a title year in and year out in NYC. There’s no team that has a greater upside/downside as the Knicks this summer.

Let’s assume LeBron sticks in Cleveland and Wade stays in Miami. The next best duo would be Joe Johnson and Chris Bosh. Not bad. Let’s say Bosh goes to the Heat, then the Knicks could get Johnson and Stoudemire (or Boozer). Again, not bad. What if Johnson sticks in Atlanta or bolts to the Bulls, Clippers or Nets? Then, the Knicks are looking at Gay and Stoudemire/Boozer. Could be worse.

The funny thing is that while the Knicks are waiting on Bosh/Stoudemire/Boozer, someone (like the Nets, as Vescey said) could swoop in and snatch up Lee.

Is it a bad thing that I’m more excited about free agency than I am the postseason?


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NBA News & Rumors: Lee, Aldridge, Ellis and the “sit down” rule

David Lee wooed by Blazers, but was worried about playing time. Portland offered $28 million over four years, but Lee didn’t think there were enough minutes to be had with LaMarcus Aldridge and Greg Oden already on the front line. It looks as if Lee left $21 million in guaranteed money on the table to stay with the Knicks and play out the season. This is a big risk, but it may pay off next summer.

Blazers, Aldridge still talking extension. While it’s good to hear that negotiations aren’t at a standstill, it’s still worrisome that a deal has not yet been finalized. Aldridge is not a no-brainer max-contract guy, so right now, the Blazers are trying to convince his agent that Aldridge is not worth the max. This can be a tough pill to swallow, expecially with all those teams sitting on loads of cap space next summer. If Aldridge becomes a restricted free agent in 2010 and gets a max deal in the form of an offer sheet, then the Blazers will probably match. But it’s their job to get him for what they think he’s worth, and right now the franchise has the leverage.

Monta Ellis warming up to Stephen Curry.
Ellis was worried that Curry was just a shooter, but he’s shown the ability to create (specifically the nine assists he had in the Warriors’ first preseason game). I’m not sure why Ellis is so concerned with the team’s front office decisions, as he should be focused on having a bounce-back year after a fairly disastrous 2008-09 season. Curry and Ellis may face some matchup problems on the defensive end, but they have the potential to create as many problems for their opponents on the other end of the court.

LeBron not a fan of the “sit down” rule. I don’t blame him. He doesn’t want to see the emotion sucked out of the game, and that’s what this rule does. The league doesn’t want its players to block the view of the fans that pay thousands and thousands of dollars for premier seats, but there has to be a compromise here. Why not have a rule where the players can stand up to cheer a play but have to sit down within some set amount of time?

Lee to sign one-year deal next week?

Yes, according to ESPN’s sources.

Knicks president Donnie Walsh said he doesn’t think a Lee sign-and-trade is possible. Even though the Knicks like Lee, Walsh said he is not interested in signing the forward to a long-term contract at this point; he wants to maintain as much payroll flexibility as possible for next summer, when LeBron James, Chris Bosh and other prominent players will be free agents.

“We can’t get a deal” for Lee, Walsh said.

Contract discussions are expected to heat up next week. Many league officials think the deal will fall in the $6 million-to-$8 million range, but the two sides will exchange more concrete numbers soon. Lee could be rewarded more generously since it will be just a one-year contract.

When Walsh says that he “can’t get a deal” for Lee, he means that he can’t get a deal that either 1) brings them a player they covet, like Chris Bosh or Amare Stoudemire, or 2) brings them an asset of value (a first round draft pick, a young cheap player) while still allowing for financial flexibility next summer, when they hope to make a run at LeBron James and/or Dwyane Wade.

This is a nice move by the Knicks, who will reward Lee for his performance thus far while at the same time reserving the right to trade him during the season if a deal comes along that they like. He’ll become an unrestricted free agent next summer, and the Knicks could bring him back or he could sign elsewhere.

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