New York Notes: Team Options, P. Jackson, Russell, Dinwiddie

ESPN’s Bobby Marks predicts all 29 players with options will exercise them this offseason, potentially creating a favorable situation for the Knicks, writes Marc Berman of The New York Post. Huge losses in revenue are expected, even if the season can completed, and a reduction in the salary cap and luxury tax threshold could benefit New York, which holds several team options that it will likely decline.

“If I was the Knicks I would want the cap and tax to crash,’’ Marks said. “It would give them a huge advantage. They can collect the tax money and also have flexibility while few do.’’

The Knicks have a $15MM team option on Bobby Portis and would owe $1MM each to Elfrid Payton, Wayne Ellington, Reggie Bullock and Taj Gibson if they are let go. Marks also notes that New York will be in a group of four teams that will have enough cap room to take advantage if players sign for less than their normal market value.

There’s more from New York City:

  • Phil Jackson was warned not to take the job as Knicks president by writer Charley Rosen, his biographer and longtime friend, Berman adds in a separate story. Rosen was concerned that Jackson would tarnish his legacy by going into a “crazy” atmosphere and believes the failure to find the right coach doomed any chance of success. Rosen also states that Carmelo Anthony could have been a huge star under the triangle offense, but refused to embrace the system. “Carmelo undercut him, telling (Kristaps) Porzingis not to say anything in public about how good the triangle was,’’ Rosen said. “Carmelo refused to run the triangle — which is why Phil re-signed him: There was a lot of pressure from (owner James) Dolan. But if Carmelo would’ve run the triangle, he’d be open on the weakside. … He’d be a killer. He’d be Michael Jordan. He’d be unstoppable. But Melo was catch and shoot and didn’t want to do other things.’’
  • Even though former Nets guard D’Angelo Russell refuses to credit coach Kenny Atkinson with helping him become an All-Star, D-Lo’s time in Brooklyn was positive for both him and the team, writes Zach Braziller of The New York Post. “Brooklyn was a place that he needed as well as Brooklyn needed him,” said his older brother, Antonio Russell Jr. “They were able to mold each other and build each other up.”
  • Nets guard Spencer Dinwiddie is willing to let fans choose his next team, but only if they meet a Bitcoin goal of $24,632,630 on GoFundMe, tweets Shams Charania of The Athletic. “Shoe companies and endorsers influence team decisions all the time,” Dinwiddie said in explaining the semi-serious offer. “My/our biggest endorsers will always be the fans, so I want to have some fun with this while we’re all under quarantine. I hope no owners/team personnel participate so there’s no impropriety on this one-of-a-kind endorsement deal.”
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