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As this season winds down several Knicks players and their agents will have to figure out what to do with their contract situations.

Here is the breakdown.

1. Jerome James - He has a player option for 6.6 million next season and everybody in the league knows he is not worth that. He has not been used at all this season and he is clearly not in the future plans because of his anatomy. The question is does he come back to ride the bench for another season and collect his money or does he opt out and try to get a long term deal from another team? I mean is it morally right to show up to camp knowing damn well you will not play? Management needs to buy him for the roster spot or they can hold on to his contract and use it as trade bait. It's a dicey situation on both sides but let's see how it plays out.
2. Al Harrington - He also has a player option for 10mil next season but the deal with him is that he is serviceable and can command the same amount of money or more from another team. Since the Knicks would prefer he exercises the option it will be in his best interest to opt out as there will be more competition from other players at the end of the 2010 season. If even he trusts Walsh to take care of him at the end of the 2010 season there are no guarantees in this business. If he breaks his leg he is done. If Danillo shows more promise it will depreciate his value on the Knicks. I know he loves the Knicks and wants to stay but he has to think about his financial future and long term career goals. I wish him well in whatever he decides to do.
3. Quentin Richardson - Q has a 9 million player option after this season but if he opts out he can get a long term contract from another team - something around the mid level exception but nothing more than that. He is inconsistent and often injured not to mention Chandler can spell Q on any given night. He does not have a future with the Knicks so if I was him I'd opt out and go somewhere else. However if he smokes too much and hangs on to the 9 mil the best he will get at the end of the 2010 season is the veteran minimum. Bye Q!
4. Eddy Curry - Call him Charles in charge. Even though he has been a huge disappointment he is still owed 22mil over the next two seasons and he holds player option for both seasons. In other words he can opt out at the end of 2009 or 2010 - what a luxury. His agent is very good! Curry is an enigma in the new system because nobody knows if he will fit into it. Logic says he will but we said the same thing when he was paired with Zach Randolph of blessed memory. The tricky thing is if he stays the Knicks may trade him to a team he hates but if he opts out he can negotiate a new contract with the team of his choice. Maybe Oklahoma City? I heard Jack Daniels bought out all the Dunkin Donuts and they will be brewing whiskey instead.
5. Jared Jefferies - He is in the same boat with Curry only that his 2010 year is guaranteed. The only guarantee with him is that he will not get another contract when his contract expires. He will be out of the league - gone with the wind. He is often injured and inconsistent when healthy for two weeks.

Thanks to Isiah for this mess.