Found March 26, 2013 on In The Neutral Zone:
  As a result of the new CBA and Tyson Chandler signing with the Knicks in December of 2011, proverbial wisdom suggested Chris Paul’s infamous toast at Carmelo Anthony’s wedding was just another Knick pipedream. In an effort to curb super-teams, the new CBA forbids sign & trade transactions for teams whose total team salaries are higher than $74,000,000. This number, known as the luxury tax apron is crucial in determining a franchise’s flexibility and its ability to change its roster. According to ShamSports.com, this year’s New York Knicks have salary commitments of $79,289,785 which obviously puts them well over the apron. However, the same cannot be said about next year’s team when looking at certain salary cap commitments. According to cap Guru Larry Coon’s CBAFAQ.com, team salary is calculated differently for determining a team’s ability to use its exceptions and make sign & trade transactions. In these calculations, cap holds for draft picks and free agents are excluded. Based upon my interpretation of the FAQ, so are cap holds for open roster spots. As a result, the toast lives on. Using Sham Sports’ numbers once again, the Knicks next year have $73,831,215 million committed to the following eight players: Anthony, Camby, Chandler, Felton, Kidd, Novak, Shumpert and Stoudemire. Copeland and Prigioni are both fully unguaranteed and James White has a team option that needs to be determined before June 30th. If it’s not picked up, he is a free agent. Additionally, JR Smith has a player option for 2.9 million for next season. Now if Smith picks up that option, this dream is dead unless the Knicks find a way to trade one of their players for no money coming back so that they remain below $74 million. Smith however is unlikely to pick up his player option for a variety of reasons. While it’s debatable if his play has improved, what isn’t debatable is how little he made last year and this year compared to what he was making in Denver.  Additionally, this projects to be a players’ free agent market with more teams having cap space than desirable big money free agents.  Much like Ben Gordon got overpaid by Joe Dumars in 2009; Smith could catch the same fortuitous break this summer. Given what we know now, the Knicks being at $73.8 million puts them below the apron, making a sign & trade acquisition of Chris Paul not impossible. Again, don’t misinterpret what is being said here. A sign and trade for Chris Paul would be highly improbable. The Clippers would have to take back salary commitments equaling I believe to be 80% of Paul’s new outgoing max contract, which would mean for example Tyson Chandler and either Iman Shumpert or Ray Felton. Or perhaps the Clippers would want all five of Camby, Felton, Kidd, Novak and Shumpert. If you ran the Clippers, why you would help facilitate the exit of the best player to ever put on your uniform is unlikely. Of course, it’s also unlikely the Clippers would accept Chandler in a trade when they already pay DeAndre Jordan an eight figure annual salary. Furthermore, there is no definitive mainstream media sourced evidence out there that this is even the Knicks line of thinking. In an effort not to deal in rumors and hearsay, the point here is to just show that the Knicks are still legally able to facilitate a trade for Chris Paul and fulfill the destiny of the toast. It should be noted that given current salary commitments, the same possibility cannot be said for the Brooklyn Nets and their lengthy ill fated pursuit of Dwight Howard. The Nets currently have $85.55 million committed to 2013-2014, including a $1.1 million dollar player option for CJ Watson. For the Nets to move under the luxury tax apron, they would have to shed $11.55 million dollars in salary at the draft or during free agency without taking back a single dollar. To speak to the impossibility of that compared to the Knicks situation, this means Billy King would need to find a taker for Gerald Wallace and one or two filler pieces (depending on who the player is), or trade Kris Humphries 12 million dollar expiring contract. Either package would have to go to a team willing to absorb them into cap space or a trade exception while not expecting the Nets to take any salary back on in return. In my opinion, there’s a better chance I’m playing in the final group on Sunday with Tiger at Augusta as a 5 handicap than the Nets finding a taker for either one of those packages. Nevertheless, the NBA rumor mill is about to start churning at full throttle once again. As it occurs, no matter what you read and what sources you doubt or believe, keep in mind that Chris Paul to the Knicks via a sign and trade is currently only improbable, but not impossible.
THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES

Peek Into Chris Paul’s Sneaker Room

photo via @jada_ap Jada Paul, Chris Paul’s wife, was on Instagram straight flexin’ recently, showing off her husband’s ridiculously massive sneaker collection, and it’s a sneakerhead’s dream.  CP3′s wall to wall collection is so large, a customized walk-in closet was insufficient.  Instead, Paul transformed an entire bedroom in the couple’s home into the ultimate...

Caption This Photo: Chris Paul’s Sneaker Museum

Chris Paul’s wife provided this picture on her Instagram of just a portion of his shoe stock which is so huge that they needed an entire bedroom to make all those Jordans fit. I think Paul has more shoes right now than I’ve had in my entire life.

Chris Paul has way more Jordans than you do, it’s a glorious shoe collection

Chris Paul turned a bedroom of his house into a museum specifically for his shoes, and it is glorious.

Game 69 Recap: Clippers 101, Nets 95. The One Where Chris Paul Was Just Too Good

Gerald Wallace scored 13 points in the third quarter, probably his best quarter of play the whole season. Even with his great effort, the Nets didn't have enough last night to overcome a Clippers team that puts up points in quick bunches   Through three quarters vs the Clippers last night at the Staples Center, the Nets were able to hang around...

Tyson Chandler Featured In GQ Magazine

Tyson Chandler, and his son, Tyson Chandler II, are featured in April’s edition of  GQ Magazine where the Knicks center dishes on his previous style, his current “Gotham City” look, and the next big thing: sweatpants with blazers. More Pictures 

First Impressions: Mavs 109, Clips 102 In OT

A gutty 109-102 overtime victory over the Clippers late Tuesday night pulls Dallas to within one game of the eighth and final playoff seed in the Western Conference. 'It's a good time to be playing your best basketball of the season,' said Dirk, who scored 33 points to outduel Chris Paul and to help his Mavs do just that.

Humbled Kenyon Martin Has Filled The Void Of Tyson Chandler

The New York Knicks are currently riding a five-game winning streak, revamping confidence in the team once again this season. It’s been an up and down roller-coaster for these Knicks, and just over a week ago they seemed to be hitting rock bottom with a four-game losing streak. Questions of how Carmelo Anthony would perform after getting his knee drained mixed with the fact Tyson...

Clippers-Hornets Preview

The last time the Los Angeles Clippers defeated the Hornets on the road, they weren't even located in New Orleans. The suddenly surging Hornets would like to keep it that way. After opening a four-game trip with another road defeat, the Clippers look to avoid a 10th straight road loss to the Hornets on Wednesday night. Los Angeles (48-23) hasn't managed to beat the Hornets...

KnicksJournal.com Podcast #7: Knicks / Celtics Postgame Reaction & More

Setting quite the commanding tone, the Knicks overpowered the Celtics for the secibs time this season in Boston, coming out victorious by a score of 100-85 on Tuesday night.With so many things going their way at TD Garden, it was difficult to be disappointed with the way the Knicks (short-handed without Tyson Chandler, among others) kept up their level of intensity and gritty effort...

Knicks Enter Boston with Division Lead

By Kenneth Teape – Knickswag Contributor Pre-Game News and Notes Knicks vs. Celtics The Knicks and Celtics will be facing off for the third time this season and the first time in a five-day stretch tonight in Boston.  The Knicks will be focused on accomplishing two things tonight in Boston; winning their fifth straight game and putting more distance between themselves and their...

How to Support Two Charitable Causes By Being a Knicks Fan

There are just a couple of weeks left in the NBA's regular season. As Knicks fans know, there's nothing like taking in a game and rooting for the Big Apple's home team. Speaking from experience, it's also a lot of fun to hit the road and support the Knicks away from home as well, as the passion of their fans can be heavily felt in just about any arena nationwide.If...

TOK Game Preview – Memphis Grizzlies at New York Knicks

The New York Knicks look to extend their winning streak to six tonight when the Memphis Grizzlies come to Madison Square Garden. Here is what to watch for Current Standings – New York: 43-26, 2nd in the Eastern Conference (12.5 games behind Miami, 1st in Atlantic Division (2.5 games ahead of Brooklyn). Memphis: 47-23, 5th in Western Conference (.5 games behind Los Angeles Clippers...

Before Tip-Off: New York Knicks @ Boston Celtics

photo via getty WHO: Knicks (42-26) @ Celtics (36-33) WHEN: 7PM/ET on TNT W2W4: Tonight, the Knicks are in Beantown facing a Kevin Garnett and Rajon Rondo-less Celtics team.  Meanwhile, the Knicks still have their own injury woes to contend with.  Word is, Tyson Chandler will likely miss tonight’s game despite participating in the team’s shootaround this morning.  Yet, regardless...
NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.