Show Me the $$$$$
Today’s big moves – if the Randolph report is a real deal — are all about money, specifically cap room in 2010. Again assuming that Randolph is moving to LA in the reported trade, the Knicks can now re-sign David Lee and Nate Robinson and still have about $17 million in cap room that summer. The trades have the side benefit of making us worse in the short-term, improving our 2009 draft prospects.
The roster below includes extensions for Lee and Robinson. The salaries are just educated guesses. To find more cap room, we could renounce those two players, trade Curry or Jeffries for players with shorter contracts, or trade away the 2009 draft pick.
I’ll take a more detailed look later on.. but here is the quick and dirty update on our cap situation. The math involves a lot of estimates and guesswork. It also assumes that we don’t sign any new players between now and 2010. No mid-levels! The projected cap room just assumes the cap will grow by approximately $2 million each year; it’s done that pretty consistently. It’s a good bet the 2010-2011 cap will be between $60 and $65 million.
2010-2011 (summer of 2010)
- Eddy Curry 11,276,863
- David Lee 8,000,000 (est)
- Jared Jeffries 6,883,800
- Nate Robinson 5,000,000 (est)
- Wilson Chandler 2,130,482
- Danilo Gallinari 2,753,800
- 2009 1st rounder 2,600,000 (est #7)
total: $38,644,945 + 8 roster-fillers
projected cap 62,000,000
*all numbers from ShamSports