Knicks' Butler signs offer sheet with Spurs
BY GREG LOGAN
Newsday Staff Writer
July 13, 2006, 12:11 PM EDT
Third-string Knicks center Jackie Butler signed an offer sheet worth $7 million over three years with San Antonio when the NBA free-agent signing period opened on Wednesday. Butler is a restricted free agent, so, the Knicks can retain his services by matching the deal within one week.
Team president/coach Isiah Thomas, who is in Las Vegas for the Knicks' final summer league game today, said the team had made no decision yet on Butler and indicated they are likely to wait the full seven days.
The Knicks have the highest payroll in the league, but Butler's deal could well be too rich for them to match. Because they must pay the NBA's dollar-for-dollar luxury tax, the Knicks actually would have to budget $14 million over three years for a third-string center when they already have to pay Eddy Curry $48.64 million over the next five years and Jerome James $24 million over four seasons.
That seems excessive unless they are worried about whether James will report in shape. He was injured in training camp last season, spent 23 games on the inactive list with various ailments and did not play in 14 other games. Butler appeared in 55 games, averaging 5.2 points and 3.2 rebounds.
Butler is represented by agent Keith Glass, who is the son of Joe Glass, the agent for former coach Larry Brown, who was fired with $40 million remaining on his contract. Butler was considered one of Brown's pet projects, but he actually was acquired by Thomas before Brown was hired. So, a decision on Butler likely will come down to basketball and financial considerations, not politics.
Butler is a hard-working low-post scorer who needs work on defense but gives consistent effort. If the Knicks play a fast-paced style, as expected under Thomas, they might go small more often, featuring their abundance of forwards and guards, which would make Butler more expendable.