The McGrady Risk
As the discussion surrounding where Tracy McGrady will ultimately land, what’s clear is that
the Knicks seem to be the most logical destination. Last year, with the Knicks in a groove, Donnie Walsh made the necessary decision to trade both Zach Randolph and Jamal Crawford, two contracts who exceeded July 1, 2010. The results on the court were horrid, and the team lost any momentum from November on.
Now as we head into the New Year, what will Walsh do? Yahoo is reporting that the Rockets are considering taking back salary, and the Knicks would love to include Jared Jeffries. But in order for the contracts to fit, it seems the Knicks would also have to include Larry Hughes in the deal as well.
“McGrady is making a league-high $23 million in the final year of his contract, and won’t be easy to trade given his large salary and how little teams have seen him play this season,” wrote Adrian Wojnarowski.
“Rival teams say the Rockets are willing to take back long-term money for the right trade with McGrady, but no deal appears imminent. Talks could pick up closer to the trade deadline in February when cost-cutting franchises may be more attracted to McGrady’s expiring contract.”
The Rockets should listen hard to the deal based on the fact that at $73.5 million the team is roughly $3.5 million dollars over the luxury tax threshold estimated at $69.9 million. Hughes and Jeffries make a combined $20.1 million versus McGrady’s remaining $22.8, and that near 3 million can make it easier to avoid the luxury tax. Should the Rockets demand, say, Jordan Hill, it doesn’t help that number, but it does bring back more talent. In turn, do the Knicks ask for Kyle Lowry should they part ways with Hill?
Sure, the Rockets are flooded with forwards, but Carl Landry, Brian Cook, Chuck Hayes and Luis Scola are in the last years of their contracts and adding Jeffries gives them another option up front for next year, needless to say Jeffries adds depth at the center position. more.
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http://netsarescorching.com/2009/12/30/bloggers-talk-new-york-knicks/ NetsAreScorching – New Jersey Nets Blog – Nets News, Rumors, Analysis, Podcasts, Salaries, & Statistics » Blog Archive » Bloggers Talk: New York Knicks
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