Allan Houston's Final 4 Years Of his Contract

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Props Slaps
 11-14-2011, 03:12 PM         #1
8518 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, 03:13 PM         #2
104  OP
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 7 years ago '10        #3
Dextromethorphan 217 heat pts217
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$27,807 | Props total: 15 15
Beautiful.
 11-14-2011, 03:17 PM         #4
Tempus # 1  OP
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 7 years ago '10        #5
Agentzer0oo0 215 heat pts215
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$69,262 | Props total: 27588 27588



 7 years ago '07        #6
KnicksLost 17 heat pts17
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$47,253 | Props total: 1637 1637
You already know what's next

























:mj2:
 11-14-2011, 03:32 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]

 7 years ago '05        #8
Greece 8 heat pts
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$4,670 | Props total: 1705 1705
 7 years ago '04        #9
justinjones 310 heat pts310
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$50,650 | Props total: 9582 9582
he set the blueprint for

he made 70 mil being the 12th man


Last edited by justinjones; 11-14-2011 at 03:44 PM..
 7 years ago '06        #10
droid3000 1033 heat pts1033
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$28,232 | Props total: 30844 30844
its insane to see the type of money he was making then look how much money an elite player in the nhl makes.
 7 years ago '05        #11
BronxBombers 195 heat pts195
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$37,731 | Props total: 2545 2545
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
 7 years ago '11        #12
Joseph 13 heat pts13
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$25,198 | Props total: 9169 9169
 ChiCity Fingaz said:
My role model, he was the Biggie to my Jay-Z

Knicks lost

But I won
 7 years ago '06        #13
Qbert 23 heat pts23
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$5,277 | Props total: 3777 3777
They game him that "player used to defeat zone defences" money

Deserved it at the time before he got injured.
 11-14-2011, 04:31 PM         #14
Shakezula714  OP
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ball out
get hurt
get paid

 7 years ago '11        #15
dom 30 heat pts30
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$8,349 | Props total: 205 205
DAMN!! Guaranteed contracts cripple franchises!!
 7 years ago '07        #16
timdog 991 heat pts991
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$33,168 | Props total: 20004 20004
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.

 7 years ago '06        #17
Against D Grain 
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$6,376 | Props total: 518 518
Allan fu*king Houston could buy a 3rd world country courtesy of the Knicks
 7 years ago '04        #18
refuze 342 heat pts342
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$19,275 | Props total: 21130 21130
 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, 04:56 PM         #19
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
 7 years ago '04        #20
refuze 342 heat pts342
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$19,275 | Props total: 21130 21130
 Tempus # 1 said:
So what do they do? Just let their star players walk? Cause another team would scoop them up quick if they dont overpay
Yeah, they can let another dumbass team overpay and suffer

You could also do a sign and trade

Or trade the player during the season if you know you're not going to retain him. That way you get some value in return before he turns into a free agent.

Too many $120M contracts being given out like it's candy.


Last edited by refuze; 11-14-2011 at 05:18 PM..
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