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20.10.14 2251
The W - Basketball - Knicks waive Rose
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It's False
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Since: 20.6.02
From: I am the Tag Team Champions!

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#1 Posted on | Instant Rating: 4.94
Two days before the Isiah Thomas: Head Coach era begins, the Knicks have actually released one of their many, many small forwards.

ESPN.com - NBA - Knicks waive 12-year veteran Rose, buy out contract

And while the deal looks good on paper, since you can't have a team function with so many small forwards, the Knicks are actually PAYING Jalen Rose $16.9 million to sit out the season, which does nothing to solve their salary cap problems. Because actually getting something BACK for him by trading him would just be wacky! THIS is WCW the New York Knicks!

(edited by It's False on 30.10.06 1103)


TEN YEARS AGO IN WRESTLING HISTORY: OCTOBER 1996
WWF: Mankind d. Undertaker in the first ever Buried Alive match at...WWF Buried Alive. Also, Steve Austin continued his efforts to bring Bret Hart back to the ring by turning on Brian Pillman, shattering his ankle in what to this day is known as "Pillmanizing".

WCW: Hulk Hogan d. Randy Savage in a main event no one cared about, but Roddy Piper came out immediately after to end Halloween Havoc with a bang. The Outsiders won their first WCW Tag Team titles by beating Harlem Heat.
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JayJayDean
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Since: 2.1.02
From: Seattle, WA

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#2 Posted on | Instant Rating: 6.47
If this signals the start of the Jalen Rose: Sideline Reporter era, that that's awesome.



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Some new quotes in your sig.
Yeah, I said it."
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redsoxnation
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Since: 24.7.02

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#3 Posted on | Instant Rating: 3.55
You would think that if you are paying him around $17 million he should at least be put through the torture of watching the Knicks play this season.
BigDaddyLoco
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Since: 2.1.02

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#4 Posted on | Instant Rating: 3.76
Jalen Rose ever ending up in this tax bracket is just maddening.
ekedolphin
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Since: 12.1.02
From: Indianapolis, IN; now residing in Suffolk, VA

Since last post: 124 days
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#5 Posted on | Instant Rating: 2.29
Explain the waiver rule to me if you'd be so kind: Since I doubt that anyone besides the Knicks would be insane enough to pay Jalen Rose $17 million at this point (though in our own defense, he did seem to be the future of the Pacers' franchise at the turn of the century), does that mean Jalen gets paid $17 million for watching the NBA on TV the entire season? Could he sign with another team, and if he does, are they responsible for the $17M, or can he sign a separate contract?



"Hurt me if you must, but let the duckie go."
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Reverend J Shaft
Liverwurst








Since: 25.6.03
From: Home of The Big House

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#6 Posted on | Instant Rating: 5.02
The Knicks bought out his contract, which I believe means that any team can sign him for the minimum, if they so choose (and Jalen goes for it).

I don't think the Pistons would mind having the hometown boy back for the minimum (what is that - a little less than $2 million?). Considering he can go at the 1, 2 or 3, he'd be a great short-term backup.


edoug
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Since: 13.2.04
From: Maine

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#7 Posted on | Instant Rating: 3.61
Just over a million.
http://www.insidehoops.com/minimum-nba-salary.shtml

I have a perverse joy in any thread about the Knicks. It's hilarious how screwed up they are.



DirtyMikeSeaver
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Since: 19.5.02
From: Toronto

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#8 Posted on | Instant Rating: 3.88
    Originally posted by ekedolphin
    Explain the waiver rule to me if you'd be so kind: Since I doubt that anyone besides the Knicks would be insane enough to pay Jalen Rose $17 million at this point (though in our own defense, he did seem to be the future of the Pacers' franchise at the turn of the century), does that mean Jalen gets paid $17 million for watching the NBA on TV the entire season? Could he sign with another team, and if he does, are they responsible for the $17M, or can he sign a separate contract?


The article mentioned that they bought him out for $14.5 mill. I believe though his whole salary counts on the cap. He can sign with another team and the Knicks would still have to pay him the $14.5. Remember, last year, the Mavs waived Finley and still had to pay his salary.



Kevin Kelly: "Mr. Austin, would you like to comment on Wade Keller's Take that endorsing the XFL hurts your anti-authority character?"

Steve Austin: "Oh shit, he actually said that? I thought the boys in the back were ribbing me!"

Kelly: "No, he really said that. Did they tell you the part about you sitting in the stands, looking all skeptical?"

Austin: "AHAHAHAHAHAHA. Yeah... oh man that was too much."
Whitebacon
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Since: 12.1.02
From: Fresno, CA

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#9 Posted on | Instant Rating: 6.32
    Originally posted by Rotoworld
    Rose is scheduled to earn $16.7 million this season and will likely receive $15 million from the Knicks, who also bought out Maurice Taylor's contract last month. The Knicks are still paying off the last year of the contracts for Allan Houston ($20 million), Shandon Anderson ($8 million) and Jerome Williams ($6 million). Ouch. It doesn't sound like Rose will land in Detroit, as he would be guaranteed a small role off the bench with no chance of starting.


That's a lot of money to pay people to not play for you.



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It's a series of tubes.

Sen. Ted Stevens
ekedolphin
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Since: 12.1.02
From: Indianapolis, IN; now residing in Suffolk, VA

Since last post: 124 days
Last activity: 34 days
#10 Posted on | Instant Rating: 2.29
    Originally posted by Whitebacon
      Originally posted by Rotoworld
      Rose is scheduled to earn $16.7 million this season and will likely receive $15 million from the Knicks, who also bought out Maurice Taylor's contract last month. The Knicks are still paying off the last year of the contracts for Allan Houston ($20 million), Shandon Anderson ($8 million) and Jerome Williams ($6 million). Ouch. It doesn't sound like Rose will land in Detroit, as he would be guaranteed a small role off the bench with no chance of starting.


    That's a lot of money to pay people to not play for you.


Consider the source; this is the Knicks we're talking about.



"Hurt me if you must, but let the duckie go."
--The Oracle of the Sunken Valley, The Order of the Stick

Five-Time W of the Day (5/27/02; 7/3/02; 7/30/04; 8/28/04; 12/16/05)

The Only Five-Time (and Last) N.E.W. World Heavyweight Champion

Certified RFMC Member-- Ask To See My Credentials!

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