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Report: Lin gets offer from Rockets, Knicks will match

Jul 5, 2012, 3:44 AM EDT

Atlanta Hawks v New York Knicks Getty Images

When free agency started a few days back we all thought Jeremy Lin would remain with the Knicks when free agency ended.

And he will, it’s just going to cost New York a lot more than it thought.

Lin spent the Fourth of July in Houston with Rockets general manager Daryl Morey and gave him a back-loaded, poison pill offer to come to play in Texas, reports Adrian Wojnarowski of Yahoo Sports and the NBC Sports Network.

Houston’s multiyear offer to Jeremy Lin includes back-loaded money designed to hit the Knicks hard on the luxury tax, sources close to Lin said. The Rockets’ offer comes as the Phoenix Suns reached agreement with Goran Dragic on a four-year, $34 million contract….

The Knicks have publicly and privately indicated they plan to match any offer for Lin.

The back-loaded contract is going to hit the Knicks in the luxury tax in a few years.

Lin looked good last season while running Mike D’Antoni’s offense while Carmelo Anthony was out, but Mike Woodson added a whole lot of Carmelo Anthony and isolation to the Knicks offense. That is less to Lin’s liking.

Doesn’t matter, there are two good reasons the Knicks will match the offer.

First, with the Lakers signing the Knicks top free agent target in Steve Nash, the Knicks need to retains depth at the point guard spot. Lin may not be the starter, but he could see a lot of minutes.

Second, what Lin means to the Knicks in terms of marketing — he sells tickets, corporations step up as sponsors, Lin jerseys fly out the door — will cover that contract’s costs.

In the end, this is a business, and Jeremy Lin is a good business to be in.


  1. Chris Ross - Jul 5, 2012 at 3:45 AM

    Knicks once again fail to get their man. Happiest man in New York, Jeremy Lin. They could have used Nash as well but much like LA, how Nash meshes with the ball dominating ways of another superstar is an issue for sure. Maybe this is the best for the Knicks, who knows? I guess now they get to really see what they have with Linsanity.

    • knightrider1755 - Jul 5, 2012 at 7:34 AM

      What the Knicks are going to have is an unproven player who has never experienced the rigors of an 82-game season and who will be making more money than Steve Novak and J.R. Smith combined. Now that’s funny!

  2. thekingdave - Jul 5, 2012 at 4:04 AM

    Screw this, even if in some alternate universe the Knicks didn’t match. I’ve been one of Morey’s staunchest defenders the last couple of years, but cut the crap with the band aids to help a borderline lottery/playoff team. Cut the crap, fire him, and blow the thing up.

    • Mr. Wright 212 - Jul 5, 2012 at 4:38 AM

      Two spiteful offer sheets is enough to warrant firing. I hate GMs like Morey.

      • knightrider1755 - Jul 5, 2012 at 7:35 AM

        He’s making a fool out of Dolan. I am not mad at him.

  3. jimbo75025 - Jul 5, 2012 at 4:17 AM

    Its a feel good story, but way too much money for a guy who has played 1/2 of a season and seemed to be slowing down near the end. Heck, last year this time you could have had him for 1/2 bag of Doritos.

    • knightrider1755 - Jul 5, 2012 at 7:36 AM

      Not even 1/2 of a season. More like 1/3rd,.

      • jimeejohnson - Jul 5, 2012 at 3:45 PM

        More like 1/3 of a bag, too!

  4. noirad - Jul 5, 2012 at 4:33 AM

    Dallas has shot themselves in the head after disbanding their championship team last season for this summer’s free agency and missed out on Dwill, Nash, Dragic, Lin, and I don’t believe Dwight will go there nor will CP3 next season. Dallas might as well go ahead and rebuild. They gambled and lost. The lockout did nothing for the league. Stars still teaming with other stars and small markets overpaying for players. Dirk just retire. Mark Cuban has ended your chance of winning.

  5. Mr. Wright 212 - Jul 5, 2012 at 4:36 AM

    “Besides, the Rockets knew this was coming and landed a better guard in Goran Dragic on Wednesday.”

    Stop posting at 4 am, Kurt. Your spelling, grammar and complete mix-ups are bad enough as it is during the daytime.

    The Knicks will be fine. They can even offer a deal to Felton or Andre Miller (if he doesn’t sign with Denver). That’s giving you basically what Nash would have, with better defense and a fraction of the cost. Lin and whoever the Knicks sign will both play 30 minutes a night anyway, what’s the big deal?

    • knightrider1755 - Jul 5, 2012 at 6:26 AM

      Too late, Miller has already committed to signing with Denver.

      • knightrider1755 - Jul 5, 2012 at 7:39 AM

        That only leaves Felton aka “Poppin’ Fresh” the Pillsbury Dough boy.

  6. Mr. Wright 212 - Jul 5, 2012 at 4:37 AM

    Dallas is the team striking out, not the Knicks, who were up against the cap even BEFORE this whole thing with the Bird Rights went the way the Knicks wanted. To even be active in free agency is a surprise, when they barely had mid-level type cap space to sign anyone outright.

  7. cantonbound13 - Jul 5, 2012 at 6:11 AM

    Resign Lin. Worst case senerio, you trade him in 3 years if you need to avoid the tax. Sign Felton. Resign JR Smith& Novak (unless he gets a ridiculous offer from a moron like Morey). If Novak is too much sign Tolliver who is just as good & can play defense.
    Anthony-F White-F
    Stat-F Novak/Tolliver-F
    Chandler-C Harrelson-C Jordan-C
    Smith-G Shumpert-G
    Felton-G Lin-G

    • knightrider1755 - Jul 5, 2012 at 6:27 AM

      That team is a sure first round elimination.

      • badintent - Jul 6, 2012 at 2:05 AM

        NOT if they play the nursing home Celtics. Speed kills, so does youth. Stay classy Boston, and watch Ray goes off every night wearing Heat.

  8. hwatt - Jul 5, 2012 at 8:56 AM

    what is with the Rockets offering all these bloated contracts? I hope karma comes and knocks this gm out

    • Mr. Wright 212 - Jul 5, 2012 at 1:51 PM

      Same here.

  9. dysraw1 - Jul 5, 2012 at 9:16 AM

    Kyle Lowry that’s all im going to say

  10. dysraw1 - Jul 5, 2012 at 9:21 AM

    oh thank the lord that Iman bad knees an all stays in town

  11. fiyeaglesfiy - Jul 5, 2012 at 9:59 AM

    Dirty play Morey, but smart. After Landry Fields signs a similar back-loaded contract with Toronto, Houston swoops in and works out a deal that puts the Knicks in a tight spot. In my opinion, it would be very difficult to keep either let alone both Fields and Lin and I think they need to pass on both. I’m high on both players but the Knicks have to understand that for the salaries proposed, those players are replaceable and their cap is committed to Melo, Chandler, and Amare. After those three, should fill out with all role players. Lin is a good player but I think benefited from D’Antoni’s system and the fact that he was a surprise and the team was desperate. I think his production will decrease. In terms of marketing, in NY he was a great story last year but that will fade and he’s not worth $10mm in years 3 and 4 of this deal. He’s an average point guard and if he makes it to an all-star game, thank the Chinese fans that voted Yao every year even when he didn’t play. This was a good move for Houston who can afford to overpay Lin and who have already have a large Asia footprint.

    I think the best move for the Knicks would be to offer the Rockets 2 first rounders for Kyle Lowry, who is cheaper, and better than Lin, along with an under the table agreement that they won’t match the Lin offer if they make this trade.

  12. klownboy - Jul 5, 2012 at 11:07 AM

    I wish we would have landed Steve Nash, but we have to retain Lin. Go Knicks!

  13. 49erminer4life - Jul 5, 2012 at 11:29 AM

    Lin was a great underdog story last year but the Knicks need to let him go and sign a cheaper pg like felton. Lin was good for 2weeks when nobody respected his game. How many jerseys will he sell when he averages under 10 points a game in woodsons offense, plus gets blown by on every poss.

    • jimeejohnson - Jul 5, 2012 at 3:48 PM

      He’ll still sell a whole lot of jerseys to a whole lot of Asian fans. They’ve got their basketball hero whether he plays well or not. It doesn’t hurt that he played in New York City, media capital (and sphincter) of the Universe!

    • badintent - Jul 6, 2012 at 2:09 AM

      He was doing the blowing by hanging 38 on your boytoy Kobe, and dropping 1 second 3 to beat Raps the next game. Keep choking your LBJ inflatable doll, just don’t let your dog pee on your leg, you’re all wet already.

  14. 5pecialk - Jul 5, 2012 at 3:33 PM

    Knicks need to stop thinking small ball and short term. Get some size download to back up Chandler. Resign Lin, sign a Felton to play with him in the back court, and add some size down low to take the load off Chandler.

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