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Report: Jeremy Lin to meet with Rockets Wednesday, may get offer

Jul 4, 2012, 8:01 AM EDT

Knicks guard Lin celebrates after his long pass hit Knicks forward Stoudemire for a layup against the Cavaliers in New York Reuters

The number of teams interested in Jeremy Lin is multiplying like rabbits.

That includes one of the teams that Lin him go before he became a sensation — Lin is set to meet Wednesday with the Houston Rockets.

And expect the Rockets to make an offer, according to the Associated Press. Other reports suggest this could be a four-year, $30 million poison pill offer.

This news follows the reports that the Dallas Mavericks are going to make a run at Lin. The Raptors are said to be interested. There are others. Apparently everybody saw those two weeks when Lin looked really good.

But Knicks want to keep him — they have the right to match any offer and probably will. He means that much in terms of marketing.

If a team is going to get Lin they are going to have to use a poison pill on the Knicks — which is apparently what the Rockets are thinking. A poison pill means first two years of the deal would be for $5 million but a team can make the third and fourth years for much more. Say $10 million (which is how you get to $30 million for four yearS). A big third year will gives the Knicks pause because they already have some rather large salaries on the books in a couple years and the more punitive luxury tax will have kicked in.
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But Lin is worth so much off the court — selling tickets, marketing, etc — don’t be surprised if the Knicks bring him back anyway.

  1. thekingdave - Jul 4, 2012 at 8:38 AM

    I officially have no clue what Daryl Morey is doing

    • professoressadiesel - Jul 4, 2012 at 8:47 AM

      Burning bridges.

      • cantonbound13 - Jul 4, 2012 at 9:00 AM

        Neither does he

  2. spellingcopfather - Jul 4, 2012 at 9:43 AM

    Houston owner is not stupid he knows how much money he made in China off of Yao now he wants Lin!!

    • knightrider1755 - Jul 4, 2012 at 4:42 PM

      This guy is going to force Dolan to dig deeper in his pockets than he wanted to.

  3. redblue560 - Jul 4, 2012 at 6:10 PM

    I think Lin is a good player but could be easily shutdown with a good defense. He is more valuable as a marketing tool like Yao Ming, not only to the Rockets but to the NBA expansion in China.

  4. badintent - Jul 4, 2012 at 8:09 PM

    Well children, the 2 biggest markets for Asians are LA and New York. Period. Forget China , that $$ goes straight to Herr Stern and the NBA owners( $$ gets divided by 30) So for the team that signs him, the tickets and local marketing are dollars in their pocket.As in the case of Time Warner cable that screwed over 2.2 million local NYC people that wanted to watch Lin but couldn’t until they got paid by Cablevision’s big $$$ . Following me so far. ? Next, Lin and Wall Street join forces and with Jewish $$, Lin gets access to Warren Buffet and has lunch with his buddy LBJ ( yes, it’s true Cleveland, choke on it). LBJ and Lin join forces with Blackstone Hedge fund and open massive clothing and food lines, with vertical intergrated holding companies in Hong Kong for accounting and tax purposes. Still with me ? Then Lin opts out, goes to Heat, wins 3 rings with LBJ, Bosh and cranky Wade and Riley is eating Dim Sum everyday. Now take your cookies and milk and go to bed. !

  5. vadergriffin - Jul 4, 2012 at 8:22 PM

    Terrible

  6. saint1997 - Jul 4, 2012 at 9:38 PM

    If the only reason that a team wants Jeremy is the marketing there is something that is kind of wrong there. I mean he is a solid PG but there are better players in this PG FA class that should be getting looked at more. I’m not a Lin hater by any means, I’m just saying lets not get ahead of ourselves too much

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