Found December 10, 2011 on
From what I can gather, Rick Sund is exploring sign-and-trade scenarios for Jamal Crawford. But, so far, Sund does not have the green light to approve a transaction that results in a luxury tax payment. As long as that’s the case, I don’t see how it can happen.
After signing Tracy Mc Grady, Jason Collins and Vladmir Radmanovic, Atlanta has roughly $67.7 million in guaranteed team salary committed to 10 players (assuming minimum salaries are the same as stipulated in the old CBA for 2011-12). Add Keith Benson, Pape Sy and Magnum Rolle and the team salary is about $69.7 million.
Atlanta could shed as much as $896,000 of its team salary (depending on any guarantees) by waving those three players and replacing all of them with rookie free agents. Those moves would leave the team salary at about $68.8 million. The luxury-tax threshold is a bit more than $70 million.
Under new CBA trade rules, teams over the cap that don’t pay the tax can acquire no more than 150% + $100,000 of
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The Knicks, Blazers, Pacers and Timberwolves are leading the pursuit of Jamal Crawford.
GM Rick Sund said the Hawks still “have never been a taxpaying team and our goal is not to pay the tax,” an approach that essentially means the team is out of the running to re-sign Jamal Crawford or use the free-agent guard in a sign-and-trade transaction.
“It’s going to be difficult to sign Jamal in a straight signing transaction,” Sund said. “We are looking at other...
NBA free agency is a ZOO right now. The latest rumor, Jamal Crawford returning to the Knicks via a sign and trade with the Hawks. The Knicks, who are now officially over the cap after the Tyson Chandler would send out Renaldo Balkman’s $1.67 million deal, Bill Walker’s $916,000 deal and Toney Douglas’ $1.145 million deal for a collective $3.73 million in salaries. The new...
Donnie Walsh said in the press conference announcing his departure from the Knicks’ president job that the team’s objective was to build supporting players around Amar’e Stoudemire and Carmelo Anthony. He acknowledged the difficulty of that given the salary constraints of having two stars, but also made it clear that it wasn’t about a third…
The Atlanta Hawks have rolled the dice on veteran forward Tracy McGrady, signing him to a one-year deal Friday.
The Hawks inked the former two-time scoring champ for the veteran minimum. McGrady was at practice with the team Friday. McGrady, 32, played for the Detroit Pistons last season, averaging eight points per game and taking over point guard duties instead of playing at small...
Our resident NBA nerd is on vacation this week; in a much warmer place. However, being out of the country hasn’t stopped him from being on top of the news. He’s got a lot to say on what’s been going on with the league this week.
Detroit Pistons re-sign SF Tayshaun Prince to 4-year, $27 million contract
I thought for sure Prince was going to move on in his career and not want...