FAD

Knicks to Clear Out Cap Space for LeBron?

Basketball Insiders profile picture
Updated 1 year ago on

1 min read

Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.

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.’’

via Marc Berman of the New York Post

Join our Telegram channel for our exclusive free betting tips, picks and offers.

The next evolution of basketball news, information and rumors.

Trending Now