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Just a heads up about the cap. The cap should be about 51 million this year, but there is a cluase in the settlement that freezes the cap at 58 million for the next two years (to ease the transition). In year 3, the cap goes back to being based on revenue. Dolan is a moron if he thinks the cap will grow next year...
The cap is only as high as it is right now b/c of that provision. if we were were trying to predict next years cap based on the actual figures, it would grow to MAYBE 53 million next year... Thus freezing the cap at 58 million actually helps the Knicks, BUT IT WILL NOT BE HIGHER THAN THAT.