Amar'e Stoudemire's $100 million contract is widely regarded as one of the worst in the NBA, but are we overstating the impact it actually has on the New York Knicks?
I'm not here to argue that Stoudemire is worth the $21.7 million he's going to be paid next season. Clearly someone who can't stay healthy and produced career-low numbers last season isn't worth anywhere near that money.
Instead, my real point is that as overpaid as STAT is, his contract has nowhere near the impact on the Knicks people think it does.
Let's imagine a situation where the Knicks could magically get rid of Stoudemire's contract; a second amnesty clause, if you will.
In that case, the Knicks' 2014 payroll would go down from $76.4 million to $54.7 million.
That would put the Knicks under the salary cap of $58 million, but you have to bear in mind that only eight players are under contract for next season.
After re-signing key players like J.R. Smith and Kenyon Martin, the Knicks would still be over the salary cap, even after getting rid of STAT's monster deal.
They would, however, be under the luxury tax threshold, allowing them to ...
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Article written by Ciaran Gowan
New York Knicks: Why Amar’e Stoudemire’s Contract Isn’t as Bad as It Seems
April 2nd, 2013 by Ciaran Gowan Leave a reply »
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