Skip to content

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

Jul 17, 2012, 4:22 PM EDT

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. Report: Jeremey Lin considering signing for Dallas Mavericks

    Jul 4, 2015, 8:00 PM EDT

    Phoenix Suns v Los Angeles Lakers Phoenix Suns v Los Angeles Lakers

    He would have to take a paycut, but Dallas needs help at the point.

  2. Spurs reset franchise for post Tim Duncan life in one impressive week

    Jul 4, 2015, 6:30 PM EDT

    San Antonio Spurs v Portland Trail Blazers Getty Images

    The Spurs are going to just keep going on, being the San Antonio Spurs

  3. Report: Bismack Biyombo agrees to two-year deal with Raptors

    Jul 4, 2015, 3:30 PM EDT

    DeMar DeRozan, Gerald Henderson, Bismack Biyombo AP

    Bargain for Toronto — as long as the Raptors aren’t expecting any offense.

  4. LaMarcus Aldridge has chosen to sign with Spurs

    Jul 4, 2015, 12:21 PM EDT

    Memphis Grizzlies v Portland Trail Blazers - Game Three Getty Images

    Biggest name left in free agency will make San Antonio a powerhouse.

  5. Mavericks owner Mark Cuban on DeAndre Jordan: ‘We see him as Shaq-like’

    Jul 4, 2015, 11:00 AM EDT

    Houston Rockets v Los Angeles Clippers - Game Four Getty Images

    Cuban believes Jordan can average 20 points, 20 rebounds per game.

  6. Report: Cavaliers have ‘huge interest’ in David West

    Jul 4, 2015, 9:30 AM EDT

    Indiana Pacers v New Orleans Pelicans Getty Images

    Fits with West’s desire to play for a contender, but he’d have to take very little money to sign there.

  7. Who should Clippers get to replace DeAndre Jordan? How about Blake Griffin.

    Jul 4, 2015, 8:00 AM EDT

    Houston Rockets v Los Angeles Clippers - Game Three Getty Images

    The Clippers went small the final five minutes of Game 7 against the Spurs, and it worked.

  8. Report: Derrick Williams agrees to two-year, $10 million deal with Knicks

    Jul 4, 2015, 12:33 AM EDT

    Los Angeles Lakers v Sacramento Kings AP

    At this price, it’s a fair pickup for New Yor, giving hem another role player.

  9. Report: DeAndre Jordan’s relationship with Chris Paul was ‘demonstrably poor’

    Jul 3, 2015, 9:00 PM EDT

    DeAndre Jordan, Chris Paul AP

    A big reason Jordan left L.A. to sign with the Mavericks.

  10. Report: Patrick Beverley re-signs on four-year deal to remain with Rockets

    Jul 3, 2015, 7:37 PM EDT

    Houston Rockets v Sacramento Kings Getty Images

    Beverley’s defense provides a perfect complement to James Harden.

  11. Reports: Corey Brewer agrees to three-year deal to stay with Rockets

    Jul 3, 2015, 6:27 PM EDT

    Houston Rockets v Los Angeles Clippers - Game Six Getty Images

    He is a good fit in the Rockets’ up-tempo system.

  12. Becky Hammon to coach Spurs in summer league

    Jul 3, 2015, 5:15 PM EDT

    San Antonio Spurs v Los Angeles Clippers - Game Two Getty Images

    She’s a San Antonio assistant coach

  13. Report: Gary Neal agrees to one-year, $2.1 million deal with Wizards

    Jul 3, 2015, 4:31 PM EDT

    Denver Nuggets v Minnesota Timberwolves Denver Nuggets v Minnesota Timberwolves

    Key for the Wizards is this is a one-year deal, so they save their cap space for a Kevin Durant offer next summer.

Top 10 NBA Player Searches
  1. L. Aldridge (6350)
  2. D. Wade (4774)
  3. L. James (3672)
  4. D. Jordan (3657)
  5. W. Matthews (3602)
  1. G. Monroe (3512)
  2. K. Bryant (3367)
  3. T. Harris (3267)
  4. J. Embiid (3253)
  5. R. Rondo (3172)