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re: Carmelo Anthony calls Jeremy Lin's contract "ridiculous" (J.R. Smith chimes in)
Posted on 7/16/12 at 2:46 pm to CGB Spender
Posted on 7/16/12 at 2:46 pm to CGB Spender
quote:
In unrelated news, Anthony has $67 million left over three years on his contract. The Knicks have yet to advance past the first round.
quote:
Anthony said Saturday that he wanted Lin to remain his teammate. But he followed that up with this remark on Sunday: “It’s up to the organization to say that they want to match that ridiculous contract.”
quote:
There’s a real question now whether the Knicks will match the Jeremy Lin offer sheet from Houston, a three-year, $25 million offer.
Am I missing something? 3 yrs / 25 mill is ridiculous, but 3 yrs / 67 mill is just fine?
3
Posted on 7/16/12 at 2:52 pm to crimsonsaint
quote:
3 yrs / 25 mill is ridiculous, but 3 yrs / 67 mill is just fine?
3/67
5 time All-star
3 time Olympian
5 times on some All-NBA team
3/25
25 starts
And if the contract was set up for 8.3 a year it wouldn't be an issue.
Posted on 7/16/12 at 6:38 pm to crimsonsaint
quote:
Am I missing something? 3 yrs / 25 mill is ridiculous, but 3 yrs / 67 mill is just fine?
You're missing the context of the NBA rules and the poison pill in the contract, which is the $14 million in the third year which ends up costing the Knicks about $50 million in the third year.
THAT'S what's ridiculous about the contract. The poison pill, not the 3/25.
Posted on 7/16/12 at 8:28 pm to crimsonsaint
If I had to place a bet on who is still relevant in three years, my money's on Lin and his 25 mil.
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