It took a while, but we finally found out the precise value of the discount that Carmelo Anthony gave the Knicks this afternoon. We’ll have to wait even longer to know whether the more than $5MM in savings that ‘Melo afforded his team will have a worthwhile effect on New York’s ability to squeeze more talent onto its roster, but he’s not the only name free agent taking a cut rate this summer.
- Dwyane Wade gave up more than $41.8MM over two seasons when he opted out of his deal this June, and while he isn’t recouping all of that on his new two-year contract with Miami, he nonetheless received a rare no-trade clause for his trouble, tweets Marc Stein of ESPN.com. He’ll make $15MM for this coming season and the salary in his player option year would be $16.125MM as part of his latest deal with the Heat, reports Brian Windhorst of ESPN.com (Twitter link).
- Fellow Heat signee Luol Deng will make $9.71MM for this coming season, and his player option for 2015/16 will be worth $10.15MM, according to Windhorst (on Twitter).
- Boris Diaw‘s contract with the Spurs is for four years and $28MM, with only $17.5MM of it guaranteed, Stein reveals (Twitter link). The original report indicated it was a three-year, $22.5MM deal.