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I posed this question about a month ago. http://forums.celticsblog.com/index.php?topic=96801.msg2528527#msg2528527The consensus seems to be that he's cooked but I detail why I think he'd be a potential coup of a signing. I'm still pro Noah.
If this happens, I think this means that the Knicks are out of the running for a two superstar summer. By my count, if they stretched Noah, renounced all free agents except Zinger, and traded Lee and Hardaway. they would only have about 56 million dollars in space. That would leave room for one max guy and one 24 million dollar free agent. Even assuming a superstar and all-star level player would do that, would that core be a contender? Nah. And they would only have 7 guys on the roster. Waiving Noah might open up some cap space, but the inability to trade his contract is going to cost them about 7.5 million in space, which is the difference between two max contracts and a max contract + an 80% contract.