Knicks Rumors: Five Reasons To Sign Pau Gasol
5. Affordable Cost
One of the most important aspects of this signing is the affordability of it. That isn’t to say that Pau Gasol doesn’t deserve to receive a hefty contract, but instead an acknowledgement of the New York Knicks’ current predicament.
New York has a glaring void at shooting guard and a dire need for an improved second unit, and that makes signing Gasol a rational priority.
Gasol signed a three-year contract worth $22,346,280 with the Chicago Bulls in 2014. His 2015-16 salary was $7,448,760, and his player option for 2016-17 would’ve been worth $7,769,520.
$7,669,520 under 2015-16’s $70 million salary cap would translate to $10,433,355 under 2016-17’s $94 million salary cap.
If New York can sign Gasol for something in the range of $10.5 million, it’d still have upwards of $20 million to work with in free agency. By comparison, the other top centers on the open market will likely go for upwards of $20 million per season individually.
If New York can land Gasol, it’d still have the money to sign a high-caliber shooting guard, land a backup point guard, and re-sign some of its top assets.
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