Knicks Pay Steep Price For Cap Space and McGrady Tryouts

Donnie Walsh is winning praise from the Knicks fanbase for almost creating enough cap space to pay two max player contracts this summer. In a couple of posts, we will let you know what everyone is saying.  But, I must say the price is very steep and I think Knicks fandom is a bit delusional from the overriding desire to escape the horror we have been privy to for over a decade.  Yet, the simple math is that this exercise is a huge crapshoot which can only succeed with a lot of help and a lot of favor from other parties.  Do we have that kind of good will.  If the way Morey put the screws to us is any indication.  Hell to the naw.

Folks, if you want to read the cold truth.  You are more than welcome to hang right here, because we, as always will pull no punches, which seems to make this site unfortunately unique in the fanatic Blogosphere. But we thrive on diverse opinion with alll of our checks and balances. But here is where the garbage meets the dustpan, the dog pooh meets the shoe and the turth shall be revealed one bad decision at a time.

Anyway, with the exception of the Drako-Brian Cardinal exchange, the trades shake out as follows in the chart below.

 

Knicks Receive

Knicks





Rockets Recieve

Rockets





Kings Receive

Kings

 

 

 

 

Celtics Receive

 

 

 

 

Tracy McGrady

Tracy McGrady

$22.8 Million        1 Year

From Rockets

 

 

 

 

Jordan Hill

Jordan        Hill

$2.4 Million      2 years

From Knicks

 

 

 

 

Larry Hughes

Larry Hughes

$13.6     Million      1 Year

From Knicks

 

 

 

 

Nate Robinson

Nate Robinson

$4      Million       1 year

From Knicks

 

 

 

 

Sergio Rodriguez

Sergio Rodriguez

$1.5 Million/1 Year

w/Qualifying Offer Yr.

From Kings Kings Emblem

 

Jared Jeffries

Jared     Jeffries

$6.4 Million      2 years

From Knicks

 

 

 

Carl Landry

Carl   Landry

$ 3.0 Million      1 year

From Rockets

 

 

 

Marcus Landry

Marcus Landry

$457,588K 1Year

From Knicks

 

 

 

 

Eddie House

Eddie   House

$2.8     Million

From   Celtics

Kevin Martin

Kevin Martin

$9.6 Million 4 years

From Kings

Joey Dorsey

Joey   Dorsey

$881K     3 years

From Rockets

J.R. Giddens

J.R.  Giddens

$1.028 Million         1 year

From   Celtics

 

Hilton Armstrong

Hilton Armstrong

$2.8 Million      1 year

From Kings

 

Bill Walker

Bill      Walker

$736,420K  3 Years

From  Celtics

 

 

DRAFT PICK

Future Conditional 2d Rd

from Celtics

 

 

 

 

DRAFT PICK

2011 Option To Exchange with Knicks

Protected 2012 1str Round Pick

From Knicks


Donnie Walsh welcomes Tracy McGrady according to dangerfor3 @xtranormal.com: