Injured New York Knicks guard Jeremy Lin reacts during pregame ceremonies before the Knicks play against the Miami Heat in Game 2 of their first round NBA Eastern Conference basketball playoffs in Miami

“Bird rights” arbitration could impact Knicks with Lin, Nash, everyone

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The Knicks — if they want to have any hope of adding Steve Nash or any other significant free agent this summer — have a lot invested in what an arbitrator says about “Bird rights” in the new Collective Bargaining Agreement. Because that new CBA ties GM Glen Grunwald’s hands behind his back.

It’s a long and complex tale, one told by Howard Beck at the New York Times with additional details from Larry Coon’s CBA FAQ. Stick with me through this.

First off, Bird rights are the rights of teams to go over the salary cap to re-sign players already on their roster. The league has interest in good players staying with one team and allowing fans to identify them that way (it’s good for marketing), so they provide a financial incentive for players to stay.

The question is, how do the Bird rights apply to waived players like Jeremy Lin and Steve Novak. The league and union disagree. From Beck at the Times.

The league contends (Bird rights) are lost when a player changes teams through waivers. The union is challenging that interpretation.

If the union prevails, the Knicks would be able to re-sign both Jeremy Lin and Steve Novak, their two top free agents, despite cap constraints. They would also retain a $5 million salary slot — known as the mid-level exception — for use on another player, possibly J.R. Smith, who might opt out of his Knicks contract.

But if the union’s challenge fails, the Knicks will probably lose Novak and possibly Smith, when free agency opens in July. And they will have little ability to sign significant a free agent — such as Steve Nash — once they re-sign Lin.

Here’s where it gets more complex for the Knicks.

The Knicks currently have about $64 million in salary on the books for next year, before Lin, Novak and J.R. Smith make their decisions, plus Landry Fields is a restricted free agent. The way the salary cap works in the new CBA is that there is there is a luxury tax line — which will be about $70 million next season — then $4 million above that is an “apron.” Once you go above the apron there are all kinds of tight restrictions on how much money you can offer new signings (it’s not a hard cap but it will feel like it).

Lin will get $5 million as a restricted free agent, not because he totally deserves that for his play but because he’s worth far more than that in marketing terms and Knicks will keep him (and he wants to stay). If the Knicks spend that on Lin they cannot give Nash a full mid-level exception of $5 million because it takes them over the apron, they can only offer $3 million.

However, if the arbiter rules the Knicks have the Bird rights on Lin and Novak, they could offer Nash (or Jason Kidd or Jameer Nelson or a host of other free agents) the full mid-level then go over the apron to re-sign their own.

All of which is to say — the Knicks are not making any big moves this summer. Nash can get the same money to play for the Knicks or Heat (a team that plays an up-tempo style), so where do you think he’s going? You can try to trade Amare Stoudemire and is $56 million uninsured contract, good luck with that.

I do not envy Knicks GM Glen Grunwald. The expectations on him are way out of line with the tools at his disposal.

Report: Rockets owner would consider Kenny “the Jet” Smith as head coach

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Kenny “The Jet” Smith is the next Steve Kerr?

I’m with you, I don’t see that either. But apparently in the Houston Rockets’ broad search for a new coach — we know it will not be J.B. Bickerstaff — owner Leslie Alexander would consider Smith, a member of the Rockets’ championship teams in the 1990s. From Marc Stein of ESPN.

Sources tell ESPN.com that TNT’s Kenny Smith, who like (Sam) Cassell is a former Rockets player, could also land an interview. Rockets owner Leslie Alexander remains close to many players from the team’s highly successful Clutch City era, which delivered two championships, and holds them in high esteem.

As seen in the video above, Charles Barkley asked Smith about it on Inside the NBA Wednesday and Smith tap danced around the question, saying “anything basketball is me.”

The Rockets need a defensive-minded coach and someone who can help guide and build a good locker room culture, two things that held the Rockets back this season. Someone who can get the respect of James Harden and get him to do things such as show up to training camp in shape.

That’s what makes Jeff Van Gundy an interesting fit, same with Frank Vogel if he is let go by the Indiana Pacers as it more and more seems like he will be. Both of them have experience doing what the Rockets need. Can The Jet coach? Who knows. But with Harden in his prime and some other quality role players on the roster (Trevor Ariza, Patrick Beverley, Clint Capella, and the list goes on) why gamble on the unknown?

Report: Bulls telling teams they plan on keeping Jimmy Butler

TORONTO, ON - MARCH 14:  Jimmy Butler #21 of the Chicago Bulls warms up prior to action against the Toronto Raptors in an NBA game at the Air Canada Centre on March 14, 2016 in Toronto, Ontario, Canada. The Bulls defeated the Raptors 109-107. NOTE TO USER: user expressly acknowledges and agrees by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Claus Andersen/Getty Images)
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The Chicago Bulls are trying to find their identity. They used to be a defensive team, but they went and got an offensive coach in Fred Hoiberg and by the end of the season had slid badly on that end of the floor. They are no longer Derrick Rose‘s team, but they didn’t have the personnel to run Hoiberg’s system. The Bulls need to figure out who they are and what players on the roster should be part of that team moving forward.

Expect Jimmy Butler to be part of that future. He’s the best player on the team, but he rubs some teammates the wrong way, and there have been rumors the Bulls would listen to trade offers.

The Bulls are telling teams they plan to hold on to him, reports A. Sherrod Blakely of CSNNE.com.

A league source tells CSNNE.com that the Bulls, while still open to listening to offers for Butler, are telling teams that are inquiring about his availability that their plan for now is to keep him in the fold.

And while there was some thought that a top-3 pick coupled with a few decent players might be enough to entice the Bulls to pull the trigger on a deal to trade Butler, CSNNE.com has been told such an offer would have to include at least one “legitimate, NBA starter” for the Bulls to even possibly consider trading him.

“And that might be a stretch,” the source indicated.

What is the hardest part of assembling a potential NBA title contender? Finding the elite, cornerstone player you need who can lead your team at both ends of the floor. The Chicago Bulls have that in Butler, he’s locked up under contract until at least the summer of 2019 on a good contract (a max before the TV deal money kicked in), why would they trade him?

Stranger things have happened, especially with the Bulls, but unless they want to tear it all down and rebuild — and they don’t — getting rid of Butler doesn’t make sense.

The better question is who will be around Butler come next fall.                                                                                                                                                                                                                                                                                                                                                                                 =

Watch all 25 threes from Cleveland in Game 2 win

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Apparently, all it takes is a little public discussion of LeBron James‘ “broken” jump shot to get him back on balance and knocking down the three ball — he was 4-of-6 from deep Wednesday.

Then again J.R. Smith was 7-of-13, Kyrie Irving 4-of-5, and as a team the Cavaliers knocked down a record 25 threes — while shooting 55.6 percent — as they wiped the floor with the Hawks in Game 2.

In case you’re curious where the Cavs were hitting from, here’s the team’s shot chart.

Cavaliers threes shotchart

Report: Rockets to interview Mike D’Antoni, Frank Vogel for coaching vacancy

LOS ANGELES, CA - FEBRUARY 28: Head coach Mike D'Antoni of the Los Angeles Lakers gestures during the game against the Sacramento Kings at Staples Center on February 28, 2014 in Los Angeles, California.  The Lakers won 126-122.   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.  (Photo by Stephen Dunn/Getty Images)
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The Houston Rockets aren’t in any rush to hire a new head coach, preferring to interview a wide range of candidates to find the right one. Jeff Van Gundy has been widely believed to be at the top of their list, now that Tom Thibodeau and Scott Brooks are off the market, but ESPN.com’s Marc Stein is reporting another name that has entered the mix: Mike D’Antoni, who last held a head coaching job from 2012 to 2014 with the Lakers and currently serves as the Sixers’ lead assistant.

The Pacers, meanwhile, haven’t made a final decision on Frank Vogel’s future with the team, but all signs seem to point to him getting let go in the next few days. And if that happens, Stein reports that Vogel will also be on Houston’s list of candidates.

Given the Rockets’ massive drop-off on the defensive end this season, Vogel would seem to be a better fit than D’Antoni. But it sounds like the Rockets aren’t close to finding a replacement for J.B. Bickerstaff, although it would make sense to have a new coach in place by next month’s draft.