HoopData on Cap Space: The Knicks (Revised)

When/if the Knicks and Rockets make a deal for Tracy McGrady that includes Jared Jeffries, a lot of stories will be written about the Knicks’ cap space in the summer. Please refer to this HoopData post for the truth.

Bottomline: Knicks would have enough cash to sign Bron/Wade and Bosh if they can agree to a suitable buyout with Eddy Curry.

Second Edit: HoopData has revised its piece and contacted me via Twitter with the CBA language that indicates how the Curry buyout works. Much thanks to HoopData. Follow them on Twitter at www.twitter.com/hoopdata and compulsively read their site.

Here also is a blog post from Larry Coon of the New York Times on the same subject.