Knicks Interested In Signing Billups To Cap-Friendly Extension

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truebluefan

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As everyone knows, the Knicks have a decision to make about their point guard position at the end of this season. By contractual rule, the team can save $10.5 million of the $14.2 million Chauncey Billups is scheduled to make in 2011-12 if they opt to waive the veteran point guard within five days of their last game.

But a person with knowledge of the team’s thinking said the Knicks aren’t looking at that as an option and instead are considering committing to the 34-year-old Billups beyond 2012. The thinking is that Billups could be exactly what they need as a leader to direct the offense with star players Carmelo Anthony and Amar’e Stoudemire. And if they can sign him to a reasonable contract extension, it would allow the team to have a decent amount of money left over to make upgrades in other areas of the roster via free agency.

The Knicks anticipate having salary-cap space in the 2012 offseason, though how much still depends on the outcome of the next collective-bargaining agreement.

Read more: http://mobile.newsday.com/inf/infom...min&feed:c=knicks&feed:i=1.2755816&nopaging=1
 

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