To meet Chandler’s contract demands — about $58 million over four years — the Knicks must create salary-cap room, by unloading the veterans Chauncey Billups and Ronny Turiaf. The Knicks are looking for teams with cap space to absorb their contracts.
If the Knicks cannot trade Billups,moncler jackets they will use the N.B.A.’s new amnesty provision to remove his $14.2 million salary from the payroll. Billups would still earn the full amount and would be placed on waivers.
The amnesty clause can be used on only one player. The Knicks still need to find a trade partner for Turiaf, who is owed $4.36 million this season, the final year of his deal. Potential targets include the Sacramento Kings, the Washington Wizards and the Denver Nuggets.
Yahoo Sports reported that the deal would be for $58 million over four years. One person involved in the discussions said that figure was “in the ballpark,” but cautioned that the final terms cannot be set until the Knicks get their payroll in order.
The Knicks have about $62 million in committed salaries — about $4 million over the projected cap — and must still sign their rookies, Iman Shumpert and Josh Harrelson. They can cut about $19.6 million by unloading Billups and Turiaf and withdrawing Derrick Brown’s qualifying offer ($1.1 million).
The Knicks would need about $13 million in cap room to give Chandler a four-year, $55.5 million deal.
Another option would be to send Billups to Dallas in a sign-and-trade deal for Chandler. But the Mavericks have no interest in such a deal, according to ESPN.com. Billups will almost certainly have to be unloaded through the amnesty provision.
The Knicks are also a contender to sign Phoenix’s Grant Hill, who is weighing offers from the Suns and the San Antonio Spurs.
No signings, trades or cuts can be made official until 2 p.m. Friday, when the N.B.A. officially reopens for business, following a 149-day lockout. Under league edict, no deals were supposed to be consummated until then.
A number of handshake deals were reached Thursday, however, even as owners and players were voting to ratify a new labor deal.
Caron Butler, Chandler’s teammate in Dallas, Moncler jackets for women, cheap moncler women down jackets on sale,agreed to terms with the Los Angeles Clippers, according to multiple reports. Shane Battier, the former Houston and Memphis forward, announced on Twitter that he would sign with the Miami Heat. Mike Dunleavy Jr. reached an agreement with the Milwaukee Bucks.
Tayshaun Prince, one of the last remaining pieces of Detroit’s 2004 championship team, agreed to re-sign with the Pistons. Greg Oden, the injury-plagued Portland center, elected to accept a one-year qualifying offer to stay with the Trail Blazers.
With Chandler and Butler nearly gone, the Mavericks will have lost two key free agents, while a third, J.J. Barea, continues to play the market. Dallas is believed to be protecting salary-cap space for next summer, when Deron Williams, Chris Paul and Dwight Howard could be available.
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