Allan Houston's Final 4 Years Of his Contract

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Props Slaps
 11-14-2011, 04:12 PM         #1
8306 pageviews
86 comments


luker1920 
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$n/a | Props total:  
Allan Houston's Final 4 Years Of his Contract
 

 

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SALARY
2003-04 New York Knicks NBA $15,937,500
2004-05 New York Knicks NBA $17,531,250
2005-06 New York Knicks NBA $19,125,000
2006-07 New York Knicks NBA $20,337,150

PERFORMANCE
2003-04 22.5 Points Per Game in 82 GAMES 2.8 Rebounds, 2.7 a.ssists 30 YRS OLD
2004-05 18.5 Points Per Game in 50 GAMES 2.4 Rebounds, 2.0 a.ssists 31 YRS OLD
2005-06 0 GAMES PLAYED , 2nd HIGHEST PAID PLAYER IN NBA
2006-07 0 GAMES PLAYED, 3rd HIGHEST PAID PLAYER IN NBA

86 comments for "Allan Houston's Final 4 Years Of his Contract"

 11-14-2011, 04:13 PM         #2
104  OP
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 6 years ago '10        #3
Dextromethorphan 217 heat pts217
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$27,807 | Props total: 13 13
Beautiful.
 11-14-2011, 04:17 PM         #4
Tempus # 1  OP
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 6 years ago '10        #5
Agentzer0oo0 209 heat pts209
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$67,847 | Props total: 20781 20781



 6 years ago '07        #6
KnicksLost 17 heat pts17
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$47,257 | Props total: 1609 1609
You already know what's next

























:mj2:
 11-14-2011, 04:32 PM         #7
Cheeze  OP
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 luker1920 said:
SALARY
2003-04 New York Knicks NBA $15,937,500
2004-05 New York Knicks NBA $17,531,250
2005-06 New York Knicks NBA $19,125,000
2006-07 New York Knicks NBA $20,337,150

PERFORMANCE
2003-04 22.5 Points Per Game in 82 GAMES 2.8 Rebounds, 2.7 a.ssists 30 YRS OLD
2004-05 18.5 Points Per Game in 50 GAMES 2.4 Rebounds, 2.0 a.ssists 31 YRS OLD
2005-06 0 GAMES PLAYED , 2nd HIGHEST PAID PLAYER IN NBA
2006-07 0 GAMES PLAYED, 3rd HIGHEST PAID PLAYER IN NBA

[pic - click to view]

 6 years ago '05        #8
Greece 8 heat pts
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$4,602 | Props total: 1200 1200
 6 years ago '04        #9
justinjones 307 heat pts307
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$49,369 | Props total: 6383 6383
he set the blueprint for

he made 70 mil being the 12th man


Last edited by justinjones; 11-14-2011 at 04:44 PM..
 6 years ago '06        #10
droid3000 995 heat pts995
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$26,432 | Props total: 26117 26117
its insane to see the type of money he was making then look how much money an elite player in the nhl makes.
 6 years ago '05        #11
BronxBombers 195 heat pts195
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$37,694 | Props total: 2427 2427
whats new as Knicks fans we seen more stupid unexplained sh*t than his contract ............................Also 1 of the many reasons we have a Lockout Today
 6 years ago '11        #12
Joseph 13 heat pts13
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$24,140 | Props total: 6409 6409
 ChiCity Fingaz said:
My role model, he was the Biggie to my Jay-Z

Knicks lost

But I won
 6 years ago '06        #13
Qbert 22 heat pts22
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$4,632 | Props total: 2535 2535
They game him that "player used to defeat zone defences" money

Deserved it at the time before he got injured.
 6 years ago '11        #14
Dray 1187 heat pts1187
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$59,270 | Props total: 25108 25108
 Aleandroid said:
its insane to see the type of money he was making then look how much money an elite player in the nhl makes.
yep basketball has so many bad contracts

but then again the owners better not think the players are gonna take a deal like the nhl did
 11-14-2011, 05:31 PM         #15
Shakezula714  OP
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ball out
get hurt
get paid

 6 years ago '11        #16
dom 30 heat pts30
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$8,349 | Props total: 204 204
DAMN!! Guaranteed contracts cripple franchises!!
 6 years ago '07        #17
timdog 920 heat pts920
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$30,457 | Props total: 14885 14885
The Allan Houston Rule Explained

One of the most interesting parts of the new NBA agreement is the so-called 'Allan Houston Rule', which allows teams to waive one player prior to October 1, without having to pay any further luxury tax on the player's contract. It is called the Allan Houston Rule, because the Knicks will certainly use it to rid themselves of Houston, who is often injured and is still owed $40 million. Michael Finley, who is owed $51 million by the Mavericks, is another potential candidate.

This is a very odd idea. Under the rule, a team that waives a player must still pay the entire contract, even if the player signs with another team. Thus, Houston is guaranteed to receive $40 million worth of checks from New York on top of the money he will receive if he signs with another team. So, in essence, he will be getting paid twice (though his second check will "only" be about $5 million a year). In addition, New York receives no salary cap relief. Thus, the team pays the player a full salary and for salary cap purposes it is like the player is still on the roster.

So why would any team do this? The answer lies in the incredibly stringent NBA luxury tax. If league-wide player salaries exceed 61% of basketball-related income (ticket sales, television rights, concessions, sponsorships, etc), then each team must pay a $1 tax for each $1 it is over the 61% threshold. For a team like New York, whose payroll was about $40 million over the threshold last year, this is a lot of money. Moreover, teams not over the 61% threshold can hold onto the exemption until a year that they are, which in essence gives them free reign one year to spend as much as possible under the cap without paying any luxury tax penalty.

For more, see these excellent articles by ESPN's Marc Stein ("Most teams prefer tax to tax loophole,"7/25/05; "Allan Houston Rule FAQ," 7/25/05). It remains to be seen how teams will take advantage of this one-time exemption, but it might make things interesting in player deals over the next few years.

 6 years ago '06        #18
Against D Grain 
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$6,356 | Props total: 346 346
Allan fu*king Houston could buy a 3rd world country courtesy of the Knicks
 6 years ago '04        #19
refuze 284 heat pts284
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$18,685 | Props total: 15438 15438
 DominationCM said:
DAMN!! Guaranteed contracts cripple franchises!!
that's why it's up to the organization to properly a.ssess whether a player is worthy of that type of contract or not.

kobe.. yes.
michael jordan.. yes.
lebron james.. yes.
dwyane wade.. yes.

allan houston.. no.
joe johnson.. no.
michael redd.. no.
 11-14-2011, 05:56 PM         #20
Tempus # 1  OP
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 refuze said:
that's why it's up to the organization to properly a.ssess whether a player is worthy of that type of contract or not.

kobe.. yes.
michael jordan.. yes.
lebron james.. yes.
dwyane wade.. yes.

allan houston.. no.
joe johnson.. no.
michael redd.. no.
So what do they do? Just let their star players walk? Cause another team would scoop them up quick if they dont overpay
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