melo475

Knicks have five different contracts out to Carmelo

The Knicks have five different contracts out to Carmelo Anthony in hopes that he agrees to one of them (Berman, July 10).

New York – and only New York – can offer him a max deal of five years and $129 million.

According to the report, one offer to Melo is “to accept the max to start at $22.4 million next season and then take the highest-allowable 7.5 percent paycut in the second year that would open up cap room for 2015. That would clear about $3.5 million more in cap space than if he took the 7.5 percent raise.”

“They’re amenable to what we’re trying to get accomplished,” Knicks president Phil Jackson said. “It’s not a big thing. You guys have made a much bigger thing about this. It’s not a really big thing. It’s percentages less than 1 percent of dollars that go over five years. It just gives us more flexibility.”




71 comments
Darwin Hernandez
Darwin Hernandez

One thing I gotta give Phil props for. The man is an open book. No other exec the Knicks have had has let these kind of details out before.

samb
samb

New post is up

Knicks_Fanatic
Knicks_Fanatic

Just a point on the Melo to Chicago speculation. The Bulls have a week to decide if they want to use amnesty on Boozer. There is a window for them to make a move using that as a means of clearing cap space.

KnickelusKnickleby
KnickelusKnickleby

you know Phil is a master chess player when he gave Melo 5 possibilities knowing where each one leads ..Melo probably never seen that play before and is taking his time figuring out the best scenario 

MeloStat301
MeloStat301

For those "rushing" Melo, or thinks he is taking to long, or waiting on LeBron (lol):


Carmelo Anthony is not going to drag this process out. We should all thank him for that.

Anthony has told the Knicks he is opting out of the last year of his contract and is going to test free agency, but he can’t officially talk to those other teams until July 1. Once that happens he has a plan, reports Marc Spears at Yahoo Sports.

New York Knicks forward Carmelo Anthony hopes to make a decision on where he will play next season in the SECOND week of July after taking several free-agent visits, a source told Yahoo Sports….

A source said there is currently no frontrunner for Anthony’s services, and he is expected to meet with the Knicks, Chicago Bulls, Los Angeles Lakers, Houston Rockets and Dallas Mavericks. There was no mention of the Miami Heat. Anthony hopes to visit the aforementioned teams in their respective cities during the opening days of free agency. At the moment, no other teams are expected to get a meeting.

http://probasketballtalk.nbcsports.com/2014/06/27/report-carmelo-anthonys-plan-to-meet-with-select-teams-make-decision-second-week-of-july/


announcement today or tomorrow...at the end of the second week in July..LOL.


denelor
denelor

Didn't Melo say all along, going back weeks, that he expected to decide mid-month or am I misremembering that?  


If that's actually what he said than all of the drama is nothing more than dopes on Twitter trying to stay relevant with their "sources".  

Jimmy Passadino
Jimmy Passadino

Carmelo and LeBron are drama queens that love the attention. They probably text each other daily about the ridiculous media coverage and jock swingers that report percentage chances of them signing.

I've seen less drama from High School girls at prom time.

Marvel_
Marvel_

Losing Melo for nothing if presented with the opportunity to gain assets just to spite Melo is not how u run a team . simple..



If he wants NY ,cool ....if not, profit.



The notion of taking back Boozer (who could be flipped at the deadline) being a deal breaker is one of the worst angles iv'e seen on here, and ive been here 5+ years.


Force Chi to amnesty ? what kind "if we cant keep melo no one can" attitude is that lol

MeloStat301
MeloStat301

Speculation on ONE POSSIBLE OFFER PHIL GAVE MELO:


The Post reported one proposal calls for Anthony to accept the max to start at $22.4 million next season and then take the highest-allowable 7.5 percent paycut in the second year that would open up cap room for 2015. That would clear about $3.5 million more in cap space than if he took the 7.5 percent raise.

But Anthony’s final haul would be $116 million — $13 million less than the max. It’s more likely he would accept a smaller pay decrease for 2015.


-Ny Post

javy180
javy180

Unreal how two players hold the free agency signings. Too much drama, at the end of the day LeBron is going back to Miami and Carmelo will take the most money. Nba is only about star players not individual. Spurs won with team play, so I wouldn't be to upset if Carmelo left.

zebeto
zebeto

thank god atleast today we got something else other than meloGATE....


The Knicks begin their NBA Summer League Campaign this afternoon at 4pm EST against the Dallas Mavericks, it will be broadcast on NBA TV and the MSG channel.

MeloStat301
MeloStat301

FOR EVERYBODY COMPLAINING ABOUT MELO TAKING MAX, AND NO FLEXABILITY....READ IT FROM PHIL HIMSELF:


Max won't clog cap: Jackson also stated that Anthony accepting a maximum contract of five years, $129 million wouldn’t hamper the Knicks’ future plans.

“No. They’re amenable to what we’re trying to get accomplished,” Jackson said of Anthony and his advisers. “We will discuss it. It’s not a big thing. You guys have made a much bigger thing about this, about what would happen. It’s not really a big thing. It’s about percentages, less than 1 percent available in a series of dollars that go over a period of five years. So, it’s not a big deal. It just gives us more flexibility. That’s all.”


VIA-ESPN

orlando_knickfan
orlando_knickfan

I hope phil has said to melo's people no sign and trade.

Simply cause melo said he would t a ke less to win in ny, tgat he wants ny. If you want to leave, we're not helping you do that.

dullah2
dullah2

I guess this shuts up all of you 'Melo taking Max will cripple the team' geniuses...

#letphilwork and #STFU...

I told yall PHIL IS SMARTER THAN ALL OF US...

#itswhathedoes #smh

Seth Nadler
Seth Nadler

IMO, Melo wants to return to the Knicks but he doesn't want to commit until he sees improvements made for this upcoming season, not 2015. He really doesn't want to play for another losing season. If Phil wants him to commit it must be more then just that the Knicks can offer the most money.

saintknick
saintknick

WTF is going on? All these other comments are Jets comments? Don't get me wrong, J E T S JETS JETS JETS, but huh?

franktkb
franktkb

Right, and Melo's advisors are a bunch of college interns who were shocked by seeing 5 actual proposals.

denelor
denelor

@MeloStat301 Thanks for the link.  I knew I'd seen this at some point. So I'm not going crazy.  

saintknick
saintknick

@MeloStat301 I'm still mentally on Elementry-school week cycle so I'll give him till sunday at midnight, then I'll hate him forever because how dare he make me wait to know and then still have to wait months regardless for his decision to have substantive impact on my team grrr!!11!

saintknick
saintknick

@denelor It is exactly what he said and someone sourced it last night in the previous post. Also, back right after the finals, many ESPN folk were saying IF Lebron opted out, there was a reasonable chance that nothing would be decided till after the World Cup.


MANY fans are just waiting patiently - so all we have are obsessed fans (like me) who are exceedingly impatient and looking to blame their angst over having to wait on some externality instead of their own spoiled upbringing. 

MeloStat301
MeloStat301

@denelor  Yup...he said 2nd week in July....this is the second week..should come today or tomorrow.

saintknick
saintknick

@Jimmy P. Gotta know - what have they done to deserve this? They have been completely quiet while the media takes digs into people outside their inner circles and then publishes rumors like they are fact.


Melo even said he wouldn't decide till around now, and Lebron is being smart by waiting to see what happens with Bosh and taking his time.


I just don't get this hatred - why do guys need to sign right away? I understand WANTING them to (I want them to, I'm tired of waiting), but its not like they are playing up the attention.


The other option was to set a deadline and do another "The Decision" but Lebron got crucified for that. Instead, this time, he's keeping his mouth shut and people are reading into everything and then blaming these guys.

Keith Snow
Keith Snow

@javy180 i agree it sucks that its taking this long, but at the same time this is a big decision for him and his family. 

saintknick
saintknick

@zebeto BASKETBALL, ITS MY FAVORITE SPORT....


As long as the summer league isn't produced by Jay-Z, I'm stoked!

saintknick
saintknick

@MeloStat301 I think everyone is misconstruing this statement. To me, it reads that Phil is saying its not a lot of money for Melo and that 3-5 mil over the life of his contract isn't making or breaking the deal and that Melo's camp is willing to lose a few $$ IF there is a firm plan that requires that little bit of extra cap.


I mean, I think he is diminishing the importance of the amount, both for Melo AND the Team - that if there is a use, it will be less - if its not useful, then there will be max.


1% sounds small for melo, until you realize that Phil is totally wrong here - If melo takes less year one or a discount year 2, there are rules about how much he can go up or down. at the very least, if he just dips in year 2 by $3 mil, that costs him $10 mil + over the life of a 5 year deal (don't have my tables or bandwidth for math, but basically -7.5%, then +7.5% for subsequent years, the lower basis creates a lower gain over time.


$10 mil is a lot more than 1% of Melo's 5 year even MAX salary.


Maybe he's saying its less than 1% of the KNICKS salary outlay over 5 years, but that is misleading because it is irrelevant over the life, only relevant for the ONE YEAR the discount is applied. and 3.5 million in a >70mil cap world is also bigger than 1%.


Its semantics though. $3-4 mil won't matter. As Cleveland, Miami, Boston, etc. etc. have shown, if moving 3-4 million is the difference between getting a stud or missing out, you can move 3-4 mil

zebeto
zebeto

@orlando_knickfan  exactly ! ......unless the bulls can get a 3rd team which actually has Useful assets for us ! thats what phil has to do , no freebees to melo, and no taking back CHi garbage and late picks .

saintknick
saintknick

@dullah2 ? What are you talking about "this"? That Melo has OFFERS for a variety of deals?


1) That doesn't mean he'll take anything less than max

2) That doesn't mean max wouldn't cripple the team


I mean, I agree with you in the sense that Max-Melo is totally worth it and people dying over 3-4 mil a year are kidding themselves, but this doesn't do anything to establish your point, Dullah.

Keith Snow
Keith Snow

@Seth Nadler they play in the east, and with the b s we put out on the court last yr fell short of playoffs by one gm, theres no doubt in my mind we make it to the playoffs with the team as is (with melo of course) in 2014, he has to understand no matter what we do short of adding lbj we arent winning a ring nxt yr so idk what his expectations are as far as this upcoming yr is. 

goldbuddha
goldbuddha

I'm seeing Giants comments. Livefyre is janky lol

Jimmy Passadino
Jimmy Passadino

Easy. Because odds are their minds have been made up. Do you believe in this fantasy world where Melo is sweating over offers with his agent for 12 hours a day crunching numbers and senerios? Doubtful.

You may be a young fan that didn't watch sports when actual men played so it's excusable.

saintknick
saintknick

@BiggieTKB His usefulness is in filling $$ needs for a balanced S&T at the deadling. Which is irrelevant if we also have Bargnani and Stat who could do that, AND we'd be over the apron anyway.


So you are right.

Marvel_
Marvel_

@Sandro Guedes 


Exactly, and the second Melo says "I want chicago" he's dead to us, so why not profit.


A S&T helps everyone.



saintknick
saintknick

@BiggieTKB @MeloStat301 No, however it seems likely that if this was the offer, Melo's people are asking Phil, "ok, hot shot - assuming you let shump walk, you are standing on 13 mil in cap in 2015. If Melo makes 22, that is 35 mil, and you can go spend $32-35 (depending on cap). If he makes 19, you can spend $35-37ish. What are you doing with the extra?"


Because if its just going to end up being used to sign shumpert or wasted exercising options of larkin and THJr (wasted because you could exercise those options after hitting cap with a free agent signing and use bird rights and pay tax)  then its just Melo donating to the Dolan Foundation for Fat Fhuchs or to Shumpert's next hairstyle. 



javy180
javy180

I agree but why is he waiting on LeBron?

MeloStat301
MeloStat301

@saintknick @MeloStat301  All I know, is what he said...that It will not hamper the knicks future plans.  Its up to him, to put pieces around Anthony (if he comes back) at the money he has to spend...simple.

saintknick
saintknick

@Marvel_ @orlando_knickfan True that not helping him leave if he's going anyway is childish, but not if Phil reasonably believes that Melo can't leave without leaving a ton of money on the table or wasting his prime - which seems to be the situation as it stands if he goes to Chi with a S&T or LA.


That is why none of that would ever play out in public. Though it would have under previous regimes. Phil knows that if he  made Melo crawl back publicly, 1) he may not, and 2) it would sour NY to other players in the future.


What is happening right now is potentially brilliant GMing. Show this crop of players that NY takes care of its stars, and won't trash them in the media, but also won't bend over in private. Players and Agents don't mind hard-ball - they mind mistreatment and public shaming. 

zebeto
zebeto

@Marvel_ @orlando_knickfan ....boozer, dunleevy ,heinrich you consider Profiting ??


add Taj, and Butler .........and then i would consider any SnT with Chi

MeloStat301
MeloStat301

@saintknick @dullah2  PHIL SAID IT WONT CRIPPLE THE TEAM


Jackson also stated that Anthony accepting a maximum contract of five years, $129 million wouldn’t hamper the Knicks’ future plans.

“No. They’re amenable to what we’re trying to get accomplished,” Jackson said of Anthony and his advisers. “We will discuss it. It’s not a big thing. You guys have made a much bigger thing about this, about what would happen. It’s not really a big thing. It’s about percentages, less than 1 percent available in a series of dollars that go over a period of five years. So, it’s not a big deal. It just gives us more flexibility. That’s all.”


I'll take his word for it, not the media, or some capologist on TKB.

saintknick
saintknick

@Jimmy P. I'm probably older than you, bucko, and no need for personal attacks. You premise all that on the idea that they owe it to you to decide in short order.


And also, why are those the "odds"? Because you say so? Last I checked, in every sport on the planet, stars take a minute to mull offers and aren't quick to jump the gun. And in the NBA a player of elite caliber SHOULD wait longer because when they change teams, it alters the entire NBA landscape and GMs often need time to see if they can work any other deals on the contingency that the stars sign. 


Most likely, after meeting with all these GMs, the players told certain GMs what has to happen for them to sign. Now GMs are working - we know they were working at least up until yesterday (Phil, Gilbert, Morey, etc.) Even if the landscape is locked up, they should get a few days to mull over.


Last summer, I had two job offers that will dictate the next 5 years of my life. I took almost a month to decide. No one cared because I don't play a game for a living.

saintknick
saintknick

@TKBKing @saintknick @Jimmy P. It is because the modern sports media is a brilliant money making machine, and why modern athletes hate modern sports media.


When I was a kid, there was plenty of beef between players and specific journalists, but there was also a report, a trust, and fairness. NOW, there can't be. If a player is quiet, the media fills the silence with noise and then blames the players for it. If players talk, every word is scrutinized and dissected ad nauseum until we, once again, hate the player (not the game).


---- BELOW THIS LINE - Comments about how they are highly paid and can take the abuse totally missing my point and changing the argument ------

Marvel_
Marvel_

@zebeto


naming random players to prove a point ? really ?



Boozer, dunleavy, for a year, Mirotic, McBuckets, 2 1st round picks,


try to pry Butler if u want.



but losing him for nothing is childish.

saintknick
saintknick

@MeloStat301 @saintknick @dullah2 Chill there sport - I'm not the enemy here.


Go read that again. The question to Phil, allegedly, was "would this hamper knicks future plans" but Phil didn't answer that question based on the context of what he said. He was answering his own version of the question.


Consider - how does "they are amenable to what we're trying to accomplish" have ANY MEANING towards the question of Melo taking the max? Who cares if they are amenable? Amenable, in that context, can only mean they are Amenable to taking less money right? Less money isn't the max. Further, he goes on to talk about 1% and MORE flexibility which, again, denotes that he's talking about Melo taking less than max.


NONE THE LESS - I'M NOT DISAGREEING IN PRINCIPLE because his point seems to be, "they are amendable, so if it is helpful to take less, they will take less, but it might not be helpful because its really not much money".


saintknick
saintknick

@MeloStat301 @saintknick @BiggieTKB but, as you said before, if that is the case, people need to relax if he takes the Max - Phil knows what he is doing and under this scenario, Melo is working with them. If a few mil matters in fact, he'll take less. If it is pure speculation, he'll take his deserved max.