Skip to content

Knicks to decline to match Jeremy Lin offer. He’s a Rocket.

Jul 17, 2012, 4:22 PM EST

Injured New York Knicks guard Jeremy Lin reacts during pregame ceremonies before the Knicks play against the Miami Heat in Game 2 of their first round NBA Eastern Conference basketball playoffs in Miami Reuters

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.

Latest Posts
  1. Kevin Garnett gets into it with Austin Rivers, double technicals issued (VIDEO)

    Mar 3, 2015, 10:30 AM EST

    Kevin Garnett, Bennett Salvatore AP

    KG played for Doc Rivers on the Celtics’ 2008 title team, but wasn’t willing to take any grief from his son.

  2. This is one serious basketball brawl from Spanish league (VIDEO)

    Mar 3, 2015, 8:30 AM EST

    Anadolu Efes Istanbul v Laboral Kutxa Vitoria - Turkish Airlines Euroleague Top 16 Getty Images

    That had 10 times the punches of an NBA “fight.”

  3. Chris Paul, Ricky Rubio had fun point guard battle Monday (VIDEO)

    Mar 3, 2015, 8:00 AM EST

    Ricky Rubio, Chris Paul Ricky Rubio, Chris Paul

    Ricky Rubio got the triple-double, CP3 will take the win.

  4. Five Things We Learned in NBA Monday: Goran Dragic got his revenge in concentrated form

    Mar 3, 2015, 2:55 AM EST

    Goran Dragic Goran Dragic

    Goran Dragic would have sat out with back pain against anyone else, but he dropped 21 on the Suns.

  5. Zach LaVine was dunking all over the Clippers (VIDEO)

    Mar 3, 2015, 1:14 AM EST

    Los Angeles Clippers v Minnesota Timberwolves Getty Images

    Zach LaVine can get up. But you already knew that.

  6. Report: Blake Griffin “likely” to return sometime next week

    Mar 2, 2015, 11:15 PM EST

    Blake Griffin Blake Griffin

    Griffin has missed the Clippers’ last 10 games.

  7. Greg Monroe’s agent says center could stay with Pistons this summer

    Mar 2, 2015, 5:30 PM EST

    Cleveland Cavaliers v Detroit Pistons Getty Images

    Has his extra run and touches since Josh Smith was released changing the dynamic in Detroit?

  8. PBT Extra: James Harden makes MVP push, Rockets keep on winning

    Mar 2, 2015, 4:30 PM EST

    Cleveland Cavaliers v Houston Rockets Getty Images

    Nobody is talking about Dwight Howard as long as the Rockets are winning.

  9. Nene on the Bulls: ‘I hate them’

    Mar 2, 2015, 3:08 PM EST

    Nene, Joakim Noah Nene, Joakim Noah

    Wizards forward has twice been suspended following altercations with Chicago

Featured video

Is Derrick Rose the next Penny Hardaway?
Top 10 NBA Player Searches
  1. D. Rose (8254)
  2. R. Westbrook (7449)
  3. K. Durant (7385)
  4. D. Howard (6564)
  5. A. Davis (6315)
  1. L. James (6032)
  2. D. Cousins (5920)
  3. P. George (5909)
  4. J. Harden (5502)
  5. B. Griffin (5463)