Donnie Walsh Saved Cuttino Mobley's Life

Cuttino Mobley officially announced his retirement at a press conference today due to hypertrophic cardiomyopathy, a medical condition that results in an enlarged heart. He's known about the condition for a while (he signed a waiver releasing the Clippers of liability earlier this season) but it's become more and more serious and the Knicks were unable to find a specialist willing to clear him for action.

In hindsight, the trade is bittersweet. Not only was he playing for the Clippers before the trade, he was playing well, and he was likely in line to start for the Knicks. But as Newsday's Alan Hahn points out, had Mobley not been traded, he might not have realized just how far his condition had progressed until too late.

Conceivably, the trade could have saved him.

"I hope it did," team president Donnie Walsh said. "I really do. None of this is as important as somebody's life. None of it. Period. So I'm glad that we had a doctor that put him through tests to show that the risk is there."

How does Mobley's retirement affect the Knicks' bottomline? Because he's retiring for medical reasons, Mobley will get all of guaranteed money -- he's making $9.1 million this year and $9.8 million next.

In theory the Knicks could be granted a medical exception worth 50% of Mobley's salary to sign a replacement this year, and they might be eligible to remove Mobley's salary from the salary cap once he's sidelined for 12 months. Whether that actually happens, though, remains to be seen -- because they completed the trade after they learned he might not be able to play, it's up for debate whether the Knicks are even eligible for such relief.