Brian Windhorst of the Plain Dealer wrote,

“With that in mind, here’s something else: ESPN obtained a memo this week that the league office distributed to all teams, which warned that the salary cap next summer may decrease between $4 million and $7 million. Of the most interest is the New York Knicks. It had been Knicks’ dream to sign two max players next summer and they began a two-year implosion process on their roster in 2008 to try to get that cap space.

The cap rules and the Knicks’ current salary commitments make it appear that it will be nearly impossible to sign two max players. A major part of the Knicks’ strategy is to lure James by signing another megastar to play with him.

All of this comes with the caveat that the NBA, like most things in the business world, is fluid. But the spreadsheets continue to indicate James’ will remain a Cav for the foreseeable future.“