Winderman: Cap holds change free agent equation

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Hold on. No, seriously, hold on.

Because all is not as it appears when it comes to the heavy hitters and free agency this summer.

With the passing of the trading deadline and now the passing of this week’s waiver deadline for postseason eligibility, we have a much better read on where teams stand entering the July 1 start of NBA free agency.

We certainly know the heavy hitters.

Based on the accounting of one team executive, factoring in salaries for 2010 first-round picks, nine teams will enter the offseason with more than $10 million in cap space: New York, at $31.65 million, New Jersey at $23.32 million, Miami at $21.35 million, Washington at $19.49 million, Chicago at $18 million, Sacramento at $16.85 million, the Clippers at $15.36 million, Minnesota at $12.46 million and Oklahoma City at $11.5 million.

Yes, you’ve seen other numbers elsewhere, because no one truly knows where the 2010-11 cap will fall or how teams view their own impending free agents, as well as players with option clauses.

But even with the aforementioned space figures, all is not always as it appears, which is where the “hold on” part enters the equation.

Ah, those pesky cap holds.

Basically, if you plan to re-sign one of your own impending free agents and retain the right to give them a typical free-agency raise, you have to deduct their “cap hold” from your impending space.

The formal definition, if you must: “Players who finished their last year of their contract and do not re-sign with another team will have a salary-cap hold for that season.

The cap holds for each player continue to count against the team’s salary cap until they are renounced. If the player is renounced, then he can only re-sign with that team for either remaining space under the cap or the minimum.”

It is why, if the Knicks follow up with their plan to sign two top-tier free agents, David Lee has to be sacrificed.

His cap hold is $10.5 million.

Of course, not all cap holds matter. Al Harrington, for example, has a $15 million cap hold, and no one is holding their breath about the Knicks carrying that on their books for a minute longer than necessary.

The point is that to get free agents you often have to sacrifice your own free agents.

To that end, from the salary book of one NBA team, we offer a look at other cap holds not currently figured into the space of the league’s 2010 heavy hitters.

Chicago: Jerome James, $9.9 million; Brad Miller, $18.4 million; Hakim Warrick, $2.8 million; Joe Alexander, $3.6 million; Flip Murray, $.24 million.

L.A. Clippers: Drew Gooden, $5.5 million; Mardy Collins, $5.6 million; Craig Smith, $4.6 million.

Miami: Quentin Richardson, $13.1 million; Jermaine O’Neal, $24.2 million; Udonis Haslem, $10.7 million; Dorell Wright, $5.8 million; Yakhouba Diawara, $1.2 million.

Minnesota: Damien Wilkins, $7.3 million; Darko Milicic, $11.3 million; Alando Tucker, $1.9 million.

New Jersey: Josh Boone, $6.2 million; Trenton Hassell, $8.7 million; Bobby Simmons $16.2 million.

New York: Chris Duhon, $7.8 million; Al Harrington, $15 million; David Lee $10.5 million; Sergio Rodriguez, $4.7 million.

Oklahoma City: Etan Thomas, $11.9 million.

Sacramento: None of note.

Washington: Javaris Crittenton, $2.3 million; Randy Foye, $10.1 million; Josh Howard, $16.2 million; Mike Miller, $14.7 million; Fabricio Oberto, $2.4 million.

Again, what matters most is that none of the aforementioned players can be retained if their team opts to maximize its cap space.

Ira Winderman writes regularly for NBCSports.com and covers the Heat and the NBA for the South Florida Sun-Sentinel.

Kristaps Porzingis cocks back, hammers dunk (video)

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It wasn’t all bad for the Knicks last night.

You can practically see the moment Kristaps Porzingis realizes his spin got him so open, he can put a little juice into this dunk.

Wizards defend final possession horribly, beat Knicks anyway (video)

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The Wizards – one of the NBA’s most disappointing teams this season – showed why it’s so difficult to believe in them.

They built a 10-point lead over the Knicks with 1:51 left and steadily blew it. New York got within one and trailed by three with 4.3 seconds left.

And Washington went to sleep.

The Wizards – four of whom hung out near the halfcourt line – allowed the Knicks to push the ball and find a wide-open Langston Galloway behind the 3-point arc. Galloway is one of New York’s best 3-point shooters, and he makes 47% of his wide open 3s, per NBA.com

This is horrific focus by Washington.

But if there’s a team less inspiring than the Wizards, it’s the Kurt Rambis-coached Knicks, and Galloway missed to give his new coach a loss in his first game as New York’s head coach.

Five Takeaways from NBA Monday: Watch out for the Utah Jazz

<> at American Airlines Center on February 9, 2016 in Dallas, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.
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PuppyMonkeyBaby. PuppyMonkeyBaby.PuppyMonkeyBaby. PuppyMonkeyBaby. PuppyMonkeyBaby. PuppyMonkeyBaby. PuppyMonkeyBaby. PuppyMonkeyBaby. PuppyMonkeyBaby. PuppyMonkeyBaby. Just wanted to freak you out. Here is what you need to know from an NBA Tuesday.

1) Gordon Hayward game winner makes it seven in a row for Utah. This team is hitting it’s stride again. The reason Utah was everyone’s favorite pick to leap up into the Western Conference playoffs this season was they were one of the best teams in the NBA after the All-Star break last season — they went 19-10, played lock-down defense allowing just 89 points a game, and got just enough offense to win.

The Jazz are hitting that stride earlier this season. After a dramatic win over the Mavericks on Tuesday, the Jazz have won seven in a row and moved past Houston into the seven seed in the West. Utah is hitting its stride and is not only going to make the playoffs but also be a tough out in them. They are playing great defense again, allowing 87.3 points per game during the win streak (95.8 points allowed per 100 possessions), plus are getting offense when they need it. Like during the dramatic end of the win over Dallas on the road Tuesday. First Rodney Hood hit a three to force overtime:

Then Gordon Hayward hit the step-back game winner.

2) Kurt Rambis drops first game as Knicks coach. Meet the new Knicks: They got off to a terrible start, had no offensive flow, were constantly putting up contested shots late in the shot clock, and didn’t slow the other team down in transition. And they lost (111-108 to Washington). If that sounds a lot like the old Derek Fisher Knicks, well, what did you expect? Kurt Rambis — whatever you think of him as a coach — was not going to be able to make many changes on the fly, and while Carmelo Anthony dropped 33, the reasons this team has struggled of late have not gone away. This roster is not as good as Phil Jackson apparently thinks it is, and people running the show at Madison Square Garden may have been blinded by a better than expected start. This is not a good team, if anything the emergence of Kristaps Porzingis has them playing above expectations. There are some pieces to build on for the future, but there is still a lot of building to do. This coaching change doesn’t change much of anything in the short term.

3) Setback Tuesday: Bulls’ Jimmy Butler out 3-4 weeks with knee strain; Grizzlies Marc Gasol out indefinitely with a broken foot; Pelicans Tyreke Evans to miss rest of season after knee surgery. The basketball gods were handing out injuries Tuesday like Oprah handed out cars.

The Bulls will be without All-Star guard Jimmy Butler for a month due to the knee strain he suffered a couple of games back. The Bulls are already 5-12 in their last 17 and struggling on defense; this is another big step back along those lines. Chicago is just 1.5 games from falling out of the playoffs, and that is suddenly a concern. The Bulls’ Pau Gasol will replace Butler in the All-Star Game (which means the Bulls keep a representative, and Gasol is there for the Kobe sendoff game, which is nice).

Marc Gasol is the hub of what Memphis likes to do on both ends, but he has a broken foot and will be out indefinitely. Gasol’s game has taken a step back this season, but the team is still 3.7 points per 100 possessions better when he is on the court, and the Grizzlies don’t have anyone who can replace what he does at both ends. The Grizzlies have a 4.5 game cushion from falling out of the playoffs, but wins are going to be much tougher to come by now.

This has been a lost season in New Orleans, Tyreke Evans going under the knife because of his knee is just piling on. It does kill the Pelicans’ efforts to trade him at the deadline in nine days.

4) Khris Middleton’s free throw gives Bucks win over Celtics. Wild ending in Boston. First, a Jerryd Bayless foul gives Kelly Olynyk the chance to tie the game with one second left.

Just one second left, so it’s going to overtime, right? Wrong. Avery Bradley with the stupid foul and the Bucks get the win.

5) Miami’s Hassan Whiteside was ejected for elbowing Spurs Boban Marjanovic in the face. It was a made free throw in the fourth quarter of a double-digit game — there wasn’t anything to be battling over. But Marjanovic was working to get his big body in a rebounding position, Whiteside was trying to fight him off and got his elbows up. It was the move of an immature player, which Whiteside can still be at times. Elbow a guy in the face and you’re gone.

Stephen Curry starts ridiculous Warriors fast break (VIDEO)

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Golden State is such a thing of beauty to watch in transition.

This play starts when Stephen Curry slides down to help on post defense on Clint Capela, steals the ball, saves it to a teammate and then gets it back when they start the break. James Harden tries to slow Curry down, cutting him off in the backcourt, Curry just whips a 20-foot behind-the-back pass to Andre Iguodala, who lobs it to Leandro Barbosa for the finish.

Houston fought back from 16 down early to make it interesting for a while, but Golden State pulled away late for the 123-110 win. Curry finished with 35 on the night.