shadowgrin wrote:Haven't checked it myself but the Knicks may not be able to afford Lin when he becomes a FA. So enjoy him while you can Knicks fans.
http://ken-berger.blogs.cbssports.com/m ... 3/34839685
But due to the so-called Gilbert Arenas rule -- instituted in the 2005 CBA to prevent teams from being outbid for their own restricted free agents with two or fewer years in the league -- the Knicks will be insulated from such potential poachers.
The maximum that another team could offer in the first year of a multi-year offer sheet will be the non-taxpayer mid-level exception of $5 million. The second year of the offer sheet would be subject to the 4.5 percent raise for non-Bird free agents. After that, the offer sheets can be back-loaded up to the max -- 25 percent of the cap -- but the Knicks would be able to match under league salary rules. In any event, it likely will cost them their mid-level exception for next season.
The Knicks could use up to their full mid-level ($5 million) to match any rival offers. Under the new rules with different mid-level thresholds for tax-payers, non-tax payers and teams with room, the Knicks would not, under the new rules, be able to exceed the cap to sign another free agent and then use the full mid-level to retain Lin. In that case, they'd be relegated to the room exception ($2.5 million).