Blog Entry

Cap rules make Chris Paul to Knicks difficult

Posted on: November 29, 2011 1:11 am
Edited on: November 29, 2011 2:43 pm
Posted by Ben Golliverchris-paul-carmelo-anthony

That didn't take long.

Less than a week after NBA owners and players tentatively agreed to terms on a new Collective Bargaining Agreement that was designed by the league to improve competitive balance, a report has surfaced that a small-market perennial All-Star wants to play for a star-studded, marquee big-market franchise. reports that New Orleans Hornets point guard Chris Paul is intent on signing with the New York Knicks.
Paul’s first choice by far is to team up with the Knicks’ Anthony and Amare Stoudemire to form yet another Eastern Conference Big 3, according to sources close to the situation.

The Knicks should have enough room beneath the salary cap next summer to offer Paul, who can become a free agent after this season, a contract starting around $13.5 million, just below the maximum. And while New Orleans could offer him more money, Paul, like his buddies James and Wade did a year ago, will gladly take a little less to join the team of his choice. 

Paul’s current team, the poor, league-owned New Orleans Hornets, will of course do everything they can to avoid losing Paul for nothing. That means trying to trade him before or during this truncated 66-game season, according to sources.
Paul and the Knicks have been linked before. Last month, a report surfaced that Anthony wanted Paul in New York. In September, a report surfaced that former Knicks GM Isiah Thomas is close with Paul and was "working behind the scenes" to convince Paul to sign with the Knicks.

While this is not the first report of mutual interest between Paul and the Knicks, it's certainly the most detail-laden. The Knicks have obviously planned to make a big splash in the summer of 2012 by stocking up on contracts that expire this season. They can make a compelling financial case, even if it's not the best possible offer available to Paul. 

As with Anthony, if Paul's heart is set on New York he certainly has the leverage to get there. It's just a matter of when and how. Whether Paul gets there quickly via a direct trade, slowly by waiting to sign with the Knicks in the summer, or by taking a circuitous path, like the one traveled by New Jersey Nets point guard Deron Williams, who was traded without warning by the Utah Jazz and recently said he's keeping his options open for this summer, remains to be seen. But if Paul has the will expressed in this report, there's a way for him to land in New York.

The question, as Ken Berger points on in the following video, is how much of a financial hit joining the Knicks would mean for Paul and whether that hit becomes so large as to be prohibitive. Would losing out, potentially, on tens of millions of dollars still make the move worth it?

"I'm sure Chris Paul and the Knicks are first on each other's lists, but although extend-and-trades and sign-and-trades are still allowed in this agreement, there are a lot of restrictions," Berger explains. "You can't necessarily do what Carmelo did in the extend-and-trade to get to the team you want and still get max money. Chris Paul could only get one year added to his two left. And with sign-and-trades, you can't do what LeBron did to get to Miami and get max money, you have to take a 4-year deal and less than max raises."

The Knicks have staggered their superstar acquisitions more than the Miami Heat did in landing LeBron James, Dwyane Wade and Chris Bosh during the summer of 2010, but they're following essentially the same blueprint and strategy. Even though Paul's biggest salary payday would come by staying with the Hornets, we've learned it's not always about maximum NBA salary for elite basketball players. Paul, like Anthony, is a featured Jordan Brand sponsored athlete and would surely have access to new, additional off-court revenue streams playing for a championship-contending Knicks squad. But could that make up tens of millions of dollars in salary difference?

This report didn't take long to surface, but it will feel like forever until the script plays out, especially for Hornets fans.

Since: Mar 5, 2010
Posted on: November 29, 2011 4:28 pm

Cap rules make Chris Paul to Knicks difficult

But the upgrade isn't making you better than the Bulls, Heat, or Celtics until you have proven that you are. The Knicks are still a team that got swept by a team that was stomped in the 2nd round. The Knicks, due to the money spent on Melo and Amare's contracts won't have the depth of the Bulls, Heat, or Celics. Both the Celtics and Bulls will maintain a huge depth advantage over the Knicks once the Knicks have a their trio and 9 cap required players that don't get much money. The Heat, who already have a better supporting cast in place than the Knicks can also add more because their trio would continue to make less than the potential Knicks trio. Let's not forget that the Heat trio is also better than the Knicks trio. Amare and Bosh void each other out as Amare is the better offensive player and Bosh is the better defender. LeBron and Wade are better than both Melo and CP3 period. Then with Chicago, their defense is light years better than the Knicks and Rose is better than any player on the Knicks. With the Celtics, you have the better defense and far more depth than the Knicks.

CP3, Melo, and Amare just make the Knicks the #4 seed with maybe the #3 seed, but not as good as the Bulls, Heat, or Celtics.

Since: Aug 21, 2006
Posted on: November 29, 2011 4:19 pm

Cap rules make Chris Paul to Knicks difficult

the ycan upgrade all they want.  CP3/MELO/STAT that's an upgrade

Since: Mar 5, 2010
Posted on: November 29, 2011 4:15 pm

Cap rules make Chris Paul to Knicks difficult

I didn't realize that only the Knicks are trying to upgrade their roster.

I'm no genius, but I think the Heat, Bulls, Celtics, etc. are too. Until you are better than these teams, you are not.

Since: Aug 21, 2006
Posted on: November 29, 2011 4:12 pm

Cap rules make Chris Paul to Knicks difficult

One more thing....PHIL JACKSON..rumors are flying baby

Since: Aug 21, 2006
Posted on: November 29, 2011 4:11 pm

Cap rules make Chris Paul to Knicks difficult

Guys we will find tough defensive body guards to fill the Defense void.  If we do land 2 bodyguards,  good bye heat

Since: Mar 5, 2010
Posted on: November 29, 2011 4:02 pm

Cap rules make Chris Paul to Knicks difficult

You forget 1 major thing. The Heat trio plays defense along with their scoring ability.

I don't understand how you apply Wade's health history and ignore Amare's.

Since: Mar 5, 2010
Posted on: November 29, 2011 4:00 pm

Cap rules make Chris Paul to Knicks difficult

When did Amare become a better defender than Bosh? That's news to the rest of the league. The only defense that Amare and Melo offer is a sign that says "Score Here".

Here's a fact that all of us that hate the Heat have to face.

LeBron, Wade, and Bosh >>>>>>>>>
t; CP3, Melo, and Amare

The Heat trio actually plays defense while the Knicks potential trio defends about as well as a strainer holds liquids. The Knicks potential trio can be slightly more spectacular on offense, but the huge defensive gap give that Heat trio an advantage. You also have to consider that the Heat trio would make less than the potential Knicks trio and therefore, the Heat trio has a better supporting cast that is already in place and bing built on. 9 cap reuirements do not equal a roster that already has guys like Mike Miller and Udonis Haslem in supporting roles.

Since: Aug 27, 2008
Posted on: November 29, 2011 3:55 pm

Cap rules make Chris Paul to Knicks difficult

I think this big 3 would be at least as good as Miami's.  Plus we've seen LeBron choke it up twice in a row in the playoffs now.  I guess I look at it this way:  CP3 is a true point guard vs. LeBron who can facilitate very well, Carmelo Anthony is every bit the scorer that Dwayne Wade is and less injury prone and I'll take Amare all day over Bosh.  LeBron is still the best player in the league, but a Knicks team with these 3 is definately good enough to beat them.  If they could add Phil Jackson to have these 3 running the triangle offense it could be lights out.  However, Jackson would never stand for the gross lack of defense these current Knicks play.

Since: Mar 5, 2010
Posted on: November 29, 2011 3:53 pm

Cap rules make Chris Paul to Knicks difficult

I notice that this article fails to break down how much money CP3 could potentially leave on the table by going to the Knicks. Due to Melo and Amare's contracts along with the 9 cap players that will be required to be around the 3 stars, CP3 would stand to leave $8 million annually and $40 million through a 5-year contract. Anyone that wants to sell the notion that he can make up that money in endorsement deals needs to take a good look at the totals that the top guys like LeBron among others make annually in endorsements. CP3 isn't going to surpass the amount that several of the leagues top stars make in endorsement deals, so that lessens the possibility of him making up the difference significantly.

A man would really want to be somewhere if he's willing to leave that kind of money on the table to play on a team where he will be the best player while 2 of his colleagues make salaries that dwarf his in comparison. Yes, he would really want to be there.

Since: Oct 23, 2011
Posted on: November 29, 2011 3:11 pm

Cap rules make Chris Paul to Knicks difficult

CP3 in NY makes a better trio than miami. CP can shoot carmello has one of the best pull up jumpers in the game and amare is wayy better def and reb than bosh. Lequit cant shoot if wade doesnt get to rim his numb go wayy down. Not a knicks fan just my opinion.

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