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Knicks to Clear Out Cap Space for LeBron?
The next evolution of basketball news, information and rumors.
All posts by Basketball InsidersUpdated6 hours ago on April 19, 2024
According to a friend of Anthony’s, Melo has held out faint hope Knicks president Phil Jackson can pull a miracle and clear out the necessary salary-cap space to get it done, but he is running out of time. Anthony’s decision could come in the next couple of days.
It would require Jackson to ship out Amar’e Stoudemire and Andrea Bargnani’s expiring contracts, and for Anthony and James to take less than the max. Iman Shumpert might have to be dealt, and the rights to Jeremy Tyler renounced.
One report said Jackson conceivably can move $40 million under the cap with a flurry of moves — as long as he doesn’t take back salary.
“He really wants LeBron to come to New York,’’ the source said. “That’s his dream right now. Phil is trying to get it done.’’
