ESPN’s Chris Sheridan reports that the Greek club Olympiakos has reached out to the Knicks to discuss a possible buyout for Stephon Marbury. No way to guess how serious the talks might be, but Olympiakos is a serious player — this is the club that signed Josh Childress to a $10 million deal last summer. According to Sheridan, Marbury is aware of the interest but has not spoken to anyone from the Greek team. If Sheridan’s article is accurate, one can guess that the two clubs and the player are discussing a deal that would guarantee Marbury a certain salary, to make up …continue reading
According to multiple sources (who, let’s face it, are most likely all just quoting the same original source), the Knicks are a James Dolan signature away from waiving Stephon Marbury (with the only obstacle being Dolan’s perhaps unwillingness to pay Marbury $21 million to play for another team this year).
Free agent season is here, along with daydreams about 2010, when LeBron James might pack a suitcase and head for Broadway. Is it realistic to think we can cut a deal? By 2010, assuming they fill out the roster with mininum-salary bench players, the Knicks need to trim about $18 million worth of payroll, to offer a free-agent even a dollar more than the mid-level. To offer a “star” contract – call it $15 million a year – requires cuts of about $26 million. (to get there next year, it’s more like $36 million). If LeBron has his sights set on …continue reading
Mike D’Antoni has agreed to become the new coach of the New York Knicks. Four years for $24 million. Wow.
Reports in are saying that Isiah Thomas has been fired as coach of the Knicks…
The Knicks just introduced Donnie Walsh as the new President of Basketball Operations, reporting directly to MSG Chairman, James Dolan. I’ll throw out some initial thoughts about the presser in bullet style. * James Dolan did a brief introduction. In it he sounded the right notes. Of course we’ve heard this before, but what left me hopeful were two things: 1) Dolan was on only long enough to introduce Walsh and step aside, and 2) he emphasized Walsh’s autonomy over all things basketball. I was pleased to see that Dolan relented on MSG’s draconian media relations policy, and was public …continue reading
The Knicks will have a 1pm meeting today to announce the hiring of Donnie Walsh. The latest rumor is that Walsh will report directly to Dolan. Another rumor is that one of Walsh’s terms is that the team more media friendly, a huge departure from the recent era. The Knicks’ current policy is to not allow anyone in the organization be interviewed without a member of the P.R. department present. It’s unknown what will happen to Isiah Thomas, and you have to wonder what will happen to Steve Mills as well since Walsh isn’t reporting to him. According to at …continue reading