Here's a look at the current Knicks salries. I think right now their teamsalary is about at 125 million give or take a few and the league salry cap is around 49 million per season. UNBELEIVABLE
New York Knicks Date # of total
Player signed years salary misc FA
Jackie Butler ......... 2/27/05 2 minimum '06
Ime Udoka ............. 4/6/06 1 minimum '06
Qyntel Woods .......... 11/6/05 1 minimum '06
Jalen Rose ............ 8/2/00 7 $92.88 million p-opt '07
Malik Rose ............ 7/26/02 7 $42 million p-opt '07
Maurice Taylor ........ 8/7/01 6 $48,750,000 '07
Steve Francis ......... 9/1/99,8/26/02 4+6 $14,124,582+$85mill p-opt '08
Jamal Crawford ........ 8/5/04 7 $55.44 million p-opt '09
Eddy Curry ............ 10/4/05 6 $60 million p-opt '09
Channing Frye ......... 7/2/05 4 $10,138,889 rc t-opt '08+09
Stephon Marbury .. 7/18/96,3/13/99,10/7/03 3+6+4 $5.67+$70.9+$76mill '09
Quentin Richardson .... 7/29/04 6 $43.5 million p-opt '09
Nate Robinson ......... 7/2/05 4 $5,576,499 rc t-opt '08+09
David Lee ............. 7/1/05 4 $4,566,033 rc t-opt '08+09
Jerome James .......... 8/2/05 5 $30 million '10
Look at some of the contracts. And keep in mind, this is not even counting the Allan Houston contract that is no longer counting against the cap because of his "retirement". But that contract was absolutely huge to. He pays average guys like stars.
Except for the rookies contract which are set by the collective bargaining agreement anyway and have nothing to do with Isiah, ever person that gets any playing time is overpaid on this team.
Also, keep in mind for some of these people, he trades away lottery picks in 06 and 07 for Mr. heart ailment Eddie Curry.
They'd really be in deep

if Allan Houston didn't retire.
This is an example why I say the "salary cap" is a joke anyway. Look at what they spend. Nearly every team is over it. I beleive the Suns are a team that is under it and look at what they would do to the Knicks.