Knicks vs. Larry Brown finally over

Discussion in 'New York Knicks' started by Ewings2ndcousin, Oct 31, 2006.

  1. Ewings2ndcousin

    Ewings2ndcousin JBB JustBBall Member

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    By MARC BERMAN

    <font size=""1"">ALL OVER: Former Knicks coach Larry Brown (right) arrives at the NBA offices last month with his wife, Shelly, to meet with Commissioner David Stern, who last night pushed the coach and the club into a compromise settlement over the fired Brown's contract dispute.
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    October 31, 2006 -- The Knicks vs. Larry Brown contract dispute was resolved late last night after the two sides reached a financial "compromise" upon orders from Commissioner David Stern following more than a week of negotiations.

    The actual numbers were not disclosed.

    In a statement released at 11:04 p.m., Stern said, "At my request, the New York Knicks and Larry Brown have agreed to a compromise resolution of the dispute between them. Neither the club nor Larry have any future obligation to each other and have assured me, in response to my direction and request, that there will be no further public discussion of the matter.

    "In addition, I have assured the parties that this resolution will have no precedential value in any future disputes before me."

    According to a league source, the parties met yesterday and didn't come to a compromise until about 9 p.m. Brown had $40 million left on his contract but was seeking $53 million, including attorney's fees and damages.

    As recently as last week, Stern said he expected he would make a decision by the second week of November. But instead he put the onus on Brown's lawyers and the Knicks' lawyers to meet. Brown hired one of the most prestigious law firms in the country, based in Washington, D.C.

    Brown guided the Knicks to a 23-59 fiasco last year and was fired before June's draft "with cause." He moved last month to Philadelphia with his family so his kids could go to a private school they used to attend when Brown coached Philly.

    A relative of Brown's said he is "dying to coach," and that Stern told him recently, "We want you back in the league."

    Brown's agent, Joe Glass, said, "The press release speaks for itself. Whatever they said is fine." The Knicks declined comment.

    Knick brass believed Brown violated his contract in part by holding unauthorized trade talks with other teams, criticizing players in the media after being directed to stop, and asking for several players to be waived after the season. That last request was deemed by Knick brass as Brown's way of trying to get fired.</font>

    source NY POST
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    So how much do you think Larry ended up with?
     
  2. Mr. J

    Mr. J Triple Up

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    ^Who knows? I think Dolan and Isiah just gave him close to $40 million to get on with the season and not have any distractions.
     

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