Jul 17, 2012, 4:22 PM EDT
Linsanity, welcome back to Houston.
As was expected in recent days, the New York Knicks have decided not to match the Rockets three-year, $25 million offer to Jeremy Lin, so he will be a Rocket, reports Howard Beck at the New York Times. While nothing is final until midnight eastern, the only way this changes is if owner James Dolan has a last minute change of heart. Which is highly unlikely. The Knicks are done debating it, Beck reports.
This is not going to sit well with some Knicks fans, who had a soft spot for Lin. After years of futility he brought a sense of hope and fun to Madison Square Garden that had been missing. He saved this past season in New York, sparking a turnaround (one that evolved under new coach Mike Woodson) that led the team to the playoffs. Fans loved him for it.
Knicks fans, if this upsets you don’t blame Lin, blame your own team management.
Rather than make an offer to Jeremy Lin and try work out a deal, they told him to go out and get an offer on the open market, but told everyone publicly and privately they would match any offer that came in. Woodson said Lin would be the starter in the fall.
Then the Rockets offer came in — $5 million for year one, $5.2 million for year two (the max any team could pay him those years under the terms of the CBA), and a whopping $14.8 million in year three. A “poison pill” deal.
The Knicks balked. They dared him to get an offer they wouldn’t match, and he did.
The Knicks looked at their expenses in that final year — Carmelo Anthony and Amare Stoudemire make $23 million each, Tyson Chandler makes $14.5 million — and they looked at the looming, more punitive luxury tax that will be in place by then. The Knicks said no.
The Knicks traded for Raymond Felton last week and we all knew that meant Lin was likely gone.
Lin will return now to the Rockets — Houston had him briefly last year but had no place to really play him on a team with Kyle Lowry and Goran Dragic. They waived him and he found his way to New York.
Lowry and Dragic are both gone (Toronto and Phoenix, respectively). The Rockets will have Lin to run their point and be an international marketing phenom (something the organization has experience handling). However, having Lin will add salary and complicate the Rockets’ chase for Dwight Howard.
And Knicks fans will not have their favorite. A guy the Knicks could have kept with some up-front negotiations.
Aug 22, 2014, 12:59 AM EDT
This had been expected.
Aug 21, 2014, 8:59 PM EDT
Knicks finally considering the importance of developing young talent for the future.
Aug 21, 2014, 7:31 PM EDT
Wiggins too, while guys like Alexey Shved will be sent to the Sixers.
Aug 21, 2014, 6:12 PM EDT
Gone are the days when Shaq would have used this as an opportunity to take a shot at Kobe.
Aug 21, 2014, 5:02 PM EDT
Why give up assets now, when either player could be signed outright as an unrestricted free agent next summer?
Aug 21, 2014, 3:59 PM EDT
Stephen Curry: “We’re still taking applications.”
Aug 21, 2014, 3:04 PM EDT
He denied this yesterday.
Aug 21, 2014, 1:59 PM EDT
Video of Durant telling this humorous story.
Aug 21, 2014, 1:08 PM EDT
Silver says it’s ultimately the individual athlete’s personal choice.
Aug 21, 2014, 12:10 PM EDT
Being Jeremy Lin’s parent must be an interesting experience. What do you say to him to correct him.
Aug 21, 2014, 11:30 AM EDT
It’s a great move, one Irving pulls off almost ever game.
Aug 21, 2014, 10:45 AM EDT
Patience is the right play here. And patience is never popular with any fan base.
Aug 21, 2014, 10:15 AM EDT
Coming back off foot surgery, this is a good thing.
Aug 21, 2014, 9:45 AM EDT
Blatt can coach, but if it takes a season for the Cavaliers to find their identity (as it did with LeBron in Miami) will he get the chance to stick around for it?
Aug 21, 2014, 9:16 AM EDT
If you’re now rebuilding in Minnesota, why trade Bennett?
Aug 21, 2014, 8:44 AM EDT
Drummond is still a likely cut,
Aug 21, 2014, 8:00 AM EDT
It’s all business for KD with Roc Nation getting in the act.
Aug 21, 2014, 1:33 AM EDT
He also was a scoring machine at the showcase in Las Vegas.
Aug 20, 2014, 11:15 PM EDT
16 players will practice and be available for Friday’s game against Puerto Rico, but the roster needs to be trimmed to 12 in advance of the FIBA World Cup.
- Adam Silver: NBA stars playing in international competition face ‘a big risk’ 12
- Derrick Rose says he’ll play Friday vs. Puerto Rico 11
- Report: Don’t be so sure on Anthony Bennett to Philadelphia rumors 54
- Report: Nike gets chance to match 10-year, $265 million offer to Kevin Durant from Under Armour 17
- Should NBA coaches get NFL style challenge flags? 18
- Report: Suns discussing trade possibilities for Eric Bledsoe 34
- Report: Sixers may look to trade for Amar’e Stoudemire at this season’s deadline 32
- Kevin Durant reiterates that rest was his reason for withdrawing from Team USA 11