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What is the Allen Houston Treaty?
In 2005, the NBA released a new labor agreement, which allowed the team to lay off any player in the team, and the salary of that player would not occupy the salary cap of the team. The formal name of this clause is "Amnesty Clause", that is, under this system, Allen Houston chose to retire with a contract of 1 100 million yuan, which is also called "Houston Clause".

On June 65438+1October 65438+August 2005, Allen Houston, who played for the new york Knicks, officially announced his retirement due to a knee injury. Houston used to be the face of the new york Knicks. In August 2006, he signed the controversial six-year sky-high contract 5438+0 with the team.