[Katz] The Knicks have discovered a new loophole in the CBA. Teams in their situation cannot aggregate minimums anymore. So in the sign and trades of Jeffries, Brown and Washington, they are paying each of those guys just $1 above the minimum, league sources tell @TheAthletic
The Knicks have discovered a new loophole in the CBA.
Teams in their situation cannot aggregate minimums anymore. So in the sign and trades of Jeffries, Brown and Washington, they are paying each of those guys just $1 above the minimum, league sources tell @TheAthletic.
— Fred Katz (@FredKatz) October 2, 2024
34 comments
I’m weak. I wonder if the league has any grounds to come down on them for this.
the basketball gods are watching
How many dudes next year will be making $1,157,15**4**
This is the new cover 2
Brock Aller has done miracles on me
lmao don’t blow up our spot Fred
All that cap manipulation for a second round exit 🫢
Game is game, new CBA is stupid anyway. For the Pacers at least, it essentially makes it that a core of Hali, Siakam, Turner, Nembhard, Mathurin, Nesmith, TJ, and Toppin unaffordable past this year. That’s a good core, maybe even a great one, but it isn’t good enough to result in frozen draft picks, rid the MLE, and pay $60M+ in taxes. We’ve already seen what it’s doing to some teams, there’s gotta be a better solution.
Knicks playing StarCraft while the rest of the league is playing checkers
Arsene Wenger is proud of the Knicks for this.
FLEX ~~WING~~ CAP
all this just to lose in the first round. tears
Grand opening, grand closing.
The fact that the Knicks manage to stay below the second apron by under a million is genuinely insane shit
since the league reimburses teams for the cost of veteran (3+ years in the league) minimum contracts, I’m assuming that this extra $1 spent on Brown and Jeffries now don’t qualify to reimburse the Hornets for their costs?
Lmaooooo true gremlin behavior I love it
Smart people will always figure out loopholes in the CBA.
note that this is only possible because they had rights to S&T those guys in the first place. If they didn’t have existing rights due to those players being their FAs, they couldn’t just sign 3 randos to $min+1 and trade them.
Brock aller stans unite
Leon Rose doing Leon Rose shit
Can someone explain this to me? I’m dumb
Am I the only one that understands NONE of this? Lol
knicks fans can probably thank tim connelly. i’m sure he’s the mastermind helping them skirt the cba to get this deal done.
Brock Aller definitely touches himself while he reads over the CBA looking for loopholes.
A true cap nerd sicko
Imagine if that puts them on a higher tax bracket lol
The fact that no one saw this loophole in the new CBA is pretty funny.
bing bong
I swear to God the league office is fucking stupid but good on the Knicks for taking advantage of the rules.
Who has made the most money being a sign and trade player?
Honestly can’t even be mad at it. Just smart business.
Y’all have seen Leon cook in the past, do we finally get him a EOTY award?
Bro how couldn’t their agents use this for more leverage? At least squeeze an extra rack out for me. Y’all seen the price of food? Tf imma do with a dollar?
Def not a loophole if thats what the CBA says.
lmao no shot