A week ago, today, marked the 10-year anniversary of former New York shooting guard Allan Houston signing his infamous six-year, $100 million contract. It’s hard to believe 10 years have passed since management made the worst fiscal decision in the organization’s 65 seasons.
Earlier this month also signified one year since the Knicks inked Amar’e Stoudemire to its second $100-million deal. At five years, it is the most lucrative contract in team history, and—like Houston’s—it’s fully guaranteed.
The comparisons don’t stop there.
Houston had been in the league for eight years prior to receiving his blockbuster extension, while Stoudemire spent eight years as a pro in Phoenix before joining the Knicks in grand fashion.
Stoudemire was two years younger than Houston during the first season of his big contract, but the point is their bodies had already endured close to a decade of pounding at the NBA level.
In Houston, New York believed they’d found Patrick Ewing’s successor as the face of the franchise for the new millennium.
He lived up to the hype, setti ...
Read Full Article at Bleacher Report - NBA
Article written by Joey Rotunno
NY Knicks: Stoudemire’s Contract May Be Franchise’s All-Time Worst Investment
July 30th, 2011 by Joey Rotunno Leave a reply »
Advertisement