Curry's Salary Already 50% Paid

Discussion in 'New York Knicks' started by truebluefan, Sep 30, 2010.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    The Knicks have already paid half of Eddy Curry's 2010-2011 salary, a fact that could provide a team acquiring him significant savings and greatly boost his contract's trade value.

    The Knicks are certain to offer Curry in a bid to land Carmelo Anthony at any time between now and the NBA's trade deadline.

    If traded today, Curry would be owed a little over $7 million by the team acquiring him, after adding in a trade kicker.

    If Curry was traded just before the February deadline, the unpaid compensation on his contract would decline to less than $3 million and his trade kicker would decline to about $600,000.

    If the Knicks sent the maximum $3 million of cash to Denver in such a deal, the real cost of Curry's contract would be a little over $4 million if the trade happened now, or less than a half a million dollars if the trade happened just before the deadline.

    http://www.northjersey.com/sports/p...nicks-Carmelo_has_chance_to_be_revisited.html
     

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