Wizards decide to let Jeffries leave for Knicks

[exstatic]

I don't know about spending $30 mil on Jared. That is a bit too much. I'm glad the Spurs didn't get this guy. I would have liked him on the Spurs roster, but not at that price.

Actually, it's going to cost them $60 million, since they won't be under the luxury tax any time in the next decade.

[myhc]

whoever said if we signed jj that we'd be cursing him out mid-november is right. i live in the dc area and have seen a lot of wiz games. the guy is incredibly frustrating to watch even though he's been tagged as being "versatile." defensively he's just ok and offensively he's a nightmare. good job by the wiz to not sign him and give the kid blatche a chance.

[NBA Junkie]

Actually, it's going to cost them $60 million, since they won't be under the luxury tax any time in the next decade.

That makes the signing even worse considering he's a swingman with no offensive game whatsoever.

He'd be a fine player in a reserve role for most teams, but not at the unbelievably silly cost that the Knicks paid for his services.

[wildbill2u]

One of the penalties that Knicks fans pay is that their team has such great revenue streams from being in NYC that their GMs can make ridiculous salary offers and pay for their mistakes later. Unfortunately for Knick fans, they're not learning.

Cuban used to do the same thing in Dallas but the revenue streams came from his deep pockets. Unfortunately, he's learning.

[MoSpur]

Didn't they use their mid-level? If that is the case, will they have to pay the tax? I thought they didn't. Someone please educate.

[ducks]

they have been in the tax mode for a long time
they have 44 million coming off the books and they are still going to be in the tax mode next year by 30 million plus jeffries salary

I think jeffrie will be traded with a bad contract...

[MoSpur]

Thanks Ducks.

[ducks]

The Knicks' payroll is currently the highest in the league at over $130 million

[ducks]

the tax hits around 65 million