Originally Posted by brooklynchild155
its not goin to cost the knicks 60 million if it did the knicks wouldnt do it
The Knicks will pay Jeffries $30 million and pay the NBA another $30 million as a penalty for him for being over the cap. That is $60 million! You don't believe me call the NBA or the Knicks and ask them.
The Knicks with about a $146 Million payroll pay 1 dollar for every dollar they are over the salary cap. Since the cap is about $86 Million, the Knicks will pay about $60 million in penalties bringing their payroll to approx $206 Million -- higher than any other team in the NBA! If they win 23 games this year as they did last year, each win will cost them almost $9 million!
Charles (does-not-mind) Dollan out millions of dollars and company are insane!