Via Howard Beck of the New York Times:
“The arbitrator, Kenneth Dam, issued his ruling Friday, siding with the National Basketball Players Association, which challenged the N.B.A.’s interpretation of the rules under the collective bargaining agreement. Dam handed the union a complete victory in the ruling.
The ruling means that both Lin and Steve Novak of the Knicks will be able to re-sign with the team without respect to the salary cap, for a starting salary around $5 million each. Just as critically, it means that the Knicks will not need to use their midlevel exception to sign either player, which will allow them to use that slot for another free agent.
The ruling — which applies to any player who was claimed off waivers — also affects Chauncey Billups of the Los Angeles Clippers and J. J. Hickson of the Portland Trail Blazers. Billups and Hickson will now have full Bird rights, allowing them to re-sign with their teams for any amount up to the maximum salary.”
No comments:
Post a Comment