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View Full Version : ESPN: Chauncey Billups stays a Knick



vapacersfan
04-27-2011, 04:06 PM
http://sports.espn.go.com/new-york/nba/news/story?id=6437715



The New York Knicks (http://espn.go.com/nba/team/_/name/ny/new-york-knicks) decided not to buy out the contract of point guard Chauncey Billups (http://espn.go.com/nba/player/_/id/63/chauncey-billups) on Wednesday, ensuring he will be with the team for his full $14.2 million salary for the 2011-12 season.

The Knicks had until Friday to pick up the option or pay Billups a $3.7 million buyout.

"Chauncey, Amare [Stoudemire] (http://espn.go.com/nba/player/_/id/1727/amare-stoudemire) and Chauncey [Billups] (http://espn.go.com/nba/player/_/id/63/chauncey-billups) are a great nucleus, as we continue to look to improve our team going into the offseason," Knicks president of basketball operation Donnie Walsh said in a statement.

"Chauncey is an extremely talented and experienced point guard -- we are very happy to have him back."

CableKC
04-27-2011, 04:18 PM
I'm surprised that they did this...but it's not like they had any choice. Now they have $50 mil tied up in Chauncey, Amare and Carmelo.

Players that want to play in NY will have to take a major paycut if they want to go there.

focused444
04-27-2011, 04:21 PM
I'm surprised that they did this...but it's not like they had any choice. Now they have $50 mil tied up in Chauncey, Amare and Carmelo.

Players that want to play in NY will have to take a major paycut if they want to go there.

yikes:eek:

King Tuts Tomb
04-27-2011, 04:23 PM
They want to stay semi-competitive for one more year before the big name free agents in 2012. With Chauncey's contract coming off the books they'll be able to sign Chris Paul or Deron Williams.

Sollozzo
04-27-2011, 04:28 PM
I'm surprised that they did this...but it's not like they had any choice. Now they have $50 mil tied up in Chauncey, Amare and Carmelo.

Players that want to play in NY will have to take a major paycut if they want to go there.



I'm not surprised at all. The option they picked up is only for a year and this allows them to remain competitive next season. Plus there are no great free agents out there this summer. When Billups' contract expires in 2012, they can throw their money at Chris Paul or Deron Williams.

CableKC
04-27-2011, 04:40 PM
I'm not surprised at all. The option they picked up is only for a year and this allows them to remain competitive next season. Plus there are no great free agents out there this summer. When Billups' contract expires in 2012, they can throw their money at Chris Paul or Deron Williams.
That is why I think that Stern will figure out a way to allow NY and the Heat ( all Teams that have or will have between $45 to 50+ mil tied up in 3...yes...count them...3 Players by the start of the 2012-2013 season ) to still improve via Free Agency in the new CBA. The Heat barely was able to scrap up a Team under the current CBA rules, you have to figure that there will be some loophole that will allow them to improve at a greater pace then making minor incremental changes from year to year.

Haywoode Workman
04-27-2011, 09:27 PM
That is why I think that Stern will figure out a way to allow NY and the Heat ( all Teams that have or will have between $45 to 50+ mil tied up in 3...yes...count them...3 Players by the start of the 2012-2013 season ) to still improve via Free Agency in the new CBA. The Heat barely was able to scrap up a Team under the current CBA rules, you have to figure that there will be some loophole that will allow them to improve at a greater pace then making minor incremental changes from year to year.

sadly, i think you're right. god i ****ing hate david stern.

really, capitalism in general promotes this kind of thing. when money is put above all else, nothing retains its purity.

PacerGuy
04-28-2011, 12:13 AM
They will probbly get to keep what they got, but I'd like to think they would lose out on any exemptions &/o being able to add any player > a min salery player, &/or lose draft picks.
Word is the owners want the MLE gone/ phased out w/ a cap that could slowly rise, but would become a hard cap. This would allow all current contracts to remain, but future ones & future FA signings to fit in a controlled setting, thus saving the owners from themselves, and keeping the current stars w/ big deals happy.