let this thread die (NYK)

– The mid-level exception for non-taxpaying teams will have a maximum length of four years every season (instead of alternating at four years, then three years). Starting salary can be as much as $5 million.

– There apparently will be a “mini
 
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Checking in guys... I already got fresh Melo's and a new Knicks fitted for the season.. gonna be a good one
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Btw, RIP to our last thread.. Team Knicks to be in full effect this year
 
full season with melo and stat
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chris paul right around the corner
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good to be back
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Well, technically it still isn't a "full" season.
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Wonder how the cap is set to look. And that amnest clause will come in very handy.
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_ A new $2.5 million exception will be available to teams that go blow the salary cap, then use all of their cap room to sign free agents. Once they are back above the cap, they will be able to use the new exception instead of being limited to filling out their rosters with players on minimum contracts.



per espn the knicks are winners

WINNERS: The Knicks

This is a deep-pocketed team looking to build a winner. The Knicks still need more players, and with a hard cap out of the picture, they continue to have some flexibility to keep spending if they have to.
 
Originally Posted by DubA169

_ A new $2.5 million exception will be available to teams that go blow the salary cap, then use all of their cap room to sign free agents. Once they are back above the cap, they will be able to use the new exception instead of being limited to filling out their rosters with players on minimum contracts.



per espn the knicks are winners

WINNERS: The Knicks

This is a deep-pocketed team looking to build a winner. The Knicks still need more players, and with a hard cap out of the picture, they continue to have some flexibility to keep spending if they have to.


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The agreement is also said to include a relaxation of many of the system issues from the league's Nov. 10 proposal -- issues that led to the union's disclaimer and subsequent lawsuit. The league sought to control spending and improve competitive balance through a highly punitive luxury tax and further spending restrictions to be imposed on taxpaying teams, which the union considered unacceptable. Friday's compromise included the elimination of the smaller mid-level exception for taxpayers, the restoration of sign-and-trade and extend-and-trade transactions, and the removal of the harsher tax penalties for teams that are taxpayers four times in a five-year span.

"It's not the system we sought out to get in terms of a harder cap," Silver said, "but the luxury tax is harsher than it was in the past deal, and we hope it's effective."
 
did we find a permanent replacement for Walsh? lol i honestly cannot remember...it's been so long
 
We're going 42-24 and gonna be 3rd in the Eastern Conference.

Have a feeling were gonna get Kwame Brown
 
I wish you all nothing but misfortune, poor team chemistry, and mediocrity for the rest of your days.
 
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