Winderman: Lin’s offer sheet not problem, Knicks entire payroll is

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This is where many get the NBA luxury tax wrong: The third year on the offer sheet extended by the Rockets to Jeremy Lin will not cost the Knicks $43 million when factoring in the luxury tax, as some have extrapolated.

It will cost the Knicks the $15 million on the third year of that contract.

The excess payroll will cost the Knicks $43 million.

And that is a point executives familiar with such situations are quick to point out: Just because a player is the last, or latest, contract added to a team’s salary pool, it doesn’t make it the one that puts the team into — in this case, excessively into — the luxury tax.

It is the sum of the entire payroll.

For now, the debate in New York, and among Lin-sanity observers elsewhere, is whether the Knicks can afford to retain Lin amid such a huge potential luxury-tax hit.

But that also overlooks the bigger picture, that by trading for Carmelo Anthony’s huge salary, by signing Amare Stoudemire to such an excessive salary and by putting so much cash into Tyson Chandler’s limited game, the next big salary on the Knicks’ books was always going to be the one that was going to lead to luxury-tax Armageddon.

The Knicks forestalled the initial hit by using an amnesty claim with Chauncey Billups before last season. They then thought they could get by on the cheap at point guard when Baron Davis came along at a minimal salary.

And then Lin-sanity ensued (in retrospect, if only it had been Bibby-sanity . . .).

In 2014-15, the season of excess in the Rockets’ offer sheet to Lin, Anthony and Stoudemire each will be earning $23 million, with Chandler earning $15 million.

That is why the tax is an issue.

Of course, if Lin is retained, an argument could be made about Raymond Felton’s salary not only contributing to the excessive tax overage, but being unnecessary.

With the NBA moving away from offensively limited big men, moving Chandler won’t be easy. With so many injury issues, you can just about forget about moving Stoudemire’s uninsurable deal. And Anthony is the supposed cornerstone.

If those three are the core, then the Knicks just move on from Lin.

But it’s not Lin’s contract, alone, that has created such pause. It’s all the contracts. Collectively. Knicks-sanity, if you will.

Ira Winderman writes regularly for NBCSports.com and covers the Heat and the NBA for the South Florida Sun-Sentinel. You can follow him on Twitter at @IraHeatBeat.

AP source: Bulls agree to 2-year deal with Mirotic

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CHICAGO (AP) A person with knowledge of the situation says the Chicago Bulls and forward Nikola Mirotic have agreed to a two-year contract that could pay as much as $27 million.

The person spoke to The Associated Press on the condition of anonymity Sunday because the deal has not been announced. The Bulls hold an option on the second year.

The 6-foot-10 Mirotic averaged 10.6 points last season. He has scored 10.8 per game over three seasons.

The Bulls are rebuilding after winning 41 games and losing in the first round of the playoffs. They traded All-Star guard Jimmy Butler to Minnesota on draft night for three players 23 and younger – Zach LaVine, Kris Dunn and the rights to No. 7 overall pick Lauri Markkanen.

Yahoo Sports first reported the agreement.

More AP NBA: http://www.apnews.com/tag/NBAbasketball

Sparks, Lynx take part in pregame demonstrations prior to WNBA Finals

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The WNBA has been no stranger to demonstrations of social conscience in recent years. On Sunday, things were no different.

Before the Game 1 of the 2017 WNBA Finals, both the LA Sparks and Minnesota Lynx participated in their own pregame demonstrations.

The Sparks, similar to many NFL teams on on Sunday, stayed inside the locker room during the national anthem. The Lynx decided to take the court, but linked arms in their own show of solidarity.

This came in response to Trump’s recent comments about Colin Kaepernick. The former “Trump Steaks” founder called anybody who “disrespects our flag” a “son of a bitch”.

That prompted many NFL team mates to join together in their own demonstrations, either kneeling for the national anthem or staying inside their locker rooms.

Trump also decided to disinvite the Golden State Warriors after star Stephen Curry said that he would vote know heading into a team meeting to discuss whether they should visit the White House as the reigning NBA champions.

That prompted response from several players around the NBA and in Golden State, as well asWarriors coach Steve Kerr, who asked for Trump to remember that he represents the entire nation and not just his constituency.

Meanwhile, Game 1 of the Finals was pretty incredible with the Sparks winning thanks to a Chelsea Gray jumper with two seconds left to make it 85-84. LA leads Minnesota in the series 1-0.

Report: Chicago Bulls and Dwyane Wade reach agreement on buyout

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Well it finally happened.

According to Chicago Tribune, the Chicago Bulls and Dwyane Wade and have reach an agreement on a buyout.

This has been coming for some time, as it does not make sense to have Wade in the fold for a young Bulls team moving forward. Both sides seem to have been at a stalemate for some time as Wade’s salary is $23.8 million for the upcoming season.

Wade will now be free to move to another team, and many people think that he will be headed to the Cleveland Cavaliers to join his pal LeBron James.

Via Twitter:

The Cavaliers are over the cap, so the only deal Wade would be able to sign at the moment would be for the veteran minimum.

The full banana boat crew of Chris Paul, Carmelo Anthony, Lebron, and Wade were not been able to get on a single team this offseason, so Cleveland does seem to be the most likely option.

What Wade can bring to the Cavaliers is another question. Cleveland has relied heavily on Richard Jefferson over the past two years, so it’s not out of the ordinary for them to use a veteran often. Wade has certainly declined in recent seasons but his per-100 possession statistics show he could still be useful for a championship-level team needing a bench ball handler and scorer.

Whether he would accept that role is another thing altogether, and if role is important to Wade moving forward he could end up in a different place than with James in Cleveland.

San Antonio is another interesting place for him to land, although so to is back home in Miami. We still have yet to see where Wade will sign, but this is just yet another item to declare this NBA offseason the greatest of all-time.

Report: Knicks wanted Cavs’ Tristan Thompson in potential Carmelo Anthony trade

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Carmelo Anthony is now a member of the Oklahoma City Thunder, but save for a refusal from the Cleveland Cavaliers he could have been playing with LeBron James this season.

According to Cleveland.com, the New York Knicks apparently tried to complete a trade with the Cavaliers before settling with the Thunder.

The centerpiece of the potential trade with Cleveland would have been power forward Tristan Thompson, a favorite of LeBron. The Cavaliers apparently decided against making that trade, which is how we wound up with Anthony heading to play with Russell Westbrook and Paul George.

Via Cleveland.com:

The Knicks wanted Thompson, 26, a center who like James is represented by Rich Paul. The Cavs told them no. Thompson is under contract for three more seasons, beginning at $16.4 million this year. Cleveland was willing to do a deal that would’ve cleared some contracts off the books, such as sending Iman Shumpert ($11 million this year) and others.

New York also asked about one of Cleveland’s two first-round choices for 2018, and the Cavs weren’t about to part with either.

The Cavs view the Brooklyn pick they own for 2018 as invaluable for multiple reasons. Trading the Knicks their own first-round pick would prevent them from being able to move the Brooklyn pick later this season.

Obviously an important backstory here is how much LeBron likes Thompson, and that they share the same agent. Thompson remains a somewhat underrated part of the Cavaliers overall success during the regular season.

Thompson played much of the year at center for the Cavaliers last year, apparently making it his permanent position. Cleveland’s roster without Thompson but with both Kevin Love and Carmelo would have been an odd mix, forcing Love to likely be the person to play the 5.

It makes sense that the Knicks would want to Thompson, and it also makes sense that the Cavaliers refused.