Update: Done deal – scroll down
Trying to confirm but source says Amare to NY is “almost” done and they are “working out numbers”…half of the pick and roll set?
Benjamin Hochman reports (Denver Post)
We have sources confirming that Amare has accepted a deal with the NY Knicks
Sounds like it’s going to go through.
I wasn’t expecting Amare to move on day one. He appeared to be more of a fall-back option if Bosh fell through and in many cases Carlos Boozer.
I suppose that is why the Knicks managed to get him to sign so early, because they made him feel like he was their top target.
Amar’e Stoudemire has received his best offer so far from another team but still talking with the Suns.
On the Stoudemire front, I don’t know which team made the better offer yet but those closer to the situation think it’s New York.
The possiblity of Stoudemire returning to the Suns has been downgraded to “highly unlikely” by one source in the know.
This seems to be pointing in the same direction as the first couple of reports.
Adrian Wojnarowski reports
Knicks haven’t yet made an offer to Amar’e, sources say. Sides will talk over weekend.
Wojnarowski generally has the best information/sources of any sports journalist throughout the league. So I would tend to believe his report more than the rest.
Yahoo Sports writes
Amar’e Stoudemire and the New York Knicks are making progress in talks on a five-year, $100 million max contract and a deal could be completed as soon as Friday, league sources told Y! Sports.
The framework of the deal, which would give Stoudemire a $17.2 million starting salary next season, is in place and the two sides are expected to talk again soon, sources said. Stoudemire is expected to travel to New York on Saturday.
The Knicks and Stoudemire aren’t each other’s first choices, but Stoudemire wanted a fifth year guaranteed and the Knicks needed to have something to show for years of losing and working to clear cap space.
They also have details on the Suns offer
The Suns made a last-ditch proposal to Stoudemire, offering him a five-year contract that guaranteed him $71 million, sources said. The first three seasons were fully guaranteed. The fourth season contained a 50 percent guarantee that could become fully guaranteed based on the number of minutes Stoudemire played in the first three seasons. The fifth season of the contract also could become guaranteed based on a minutes incentive.
The Suns put in the incentives because of concerns over Stoudemire’s past knee and eye injuries. Insurance won’t cover Stoudemire’s salary if he can’t play because of any additional problems to either of his knees or his right eye.
I am not wild about this signing for New York.
It all depends on whether it proves to be enough to convince LeBron James or Dwyane Wade to join.
- If it does, then great, it’s a major success.
- If it doesn’t, then I think the Knicks would have been better off re-signing David Lee at a cheaper price tag.
Update: Amare has now officially accepted the offer – link