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: Thanasis Antetokounmpo chooses Knicks D-League team over playing in Europe next season

    Aug 21, 2014, 8:59 PM EDT

    thanasis nba draft

    Knicks finally considering the importance of developing young talent for the future.

  2. Report: Timberwolves to end up with Thad Young, Anthony Bennett as part of Kevin Love trade

    Aug 21, 2014, 7:31 PM EDT

    Kevin Love Kevin Love

    Wiggins too, while guys like Alexey Shved will be sent to the Sixers.

  3. Shaq answers the question: Kobe or LeBron?

    Aug 21, 2014, 6:12 PM EDT

    Shaquille O'Neal AP

    Gone are the days when Shaq would have used this as an opportunity to take a shot at Kobe.

  4. NBA GM says ‘there’s no reason’ to trade for restricted free agents Greg Monroe or Eric Bledsoe

    Aug 21, 2014, 5:02 PM EDT

    John Loyer, Greg Monroe John Loyer, Greg Monroe

    Why give up assets now, when either player could be signed outright as an unrestricted free agent next summer?

  5. DeMarcus Cousins wants to be the third ‘Splash Brother’ (VIDEO)

    Aug 21, 2014, 3:59 PM EDT

    Los Angeles Clippers v Sacramento Kings Getty Images

    Stephen Curry: “We’re still taking applications.”

  6. Jeremy Lin smashes a cake in his mother’s face (Instagram)

    Aug 21, 2014, 12:10 PM EDT

    Jeremy Lin Jeremy Lin

    Being Jeremy Lin’s parent must be an interesting experience. What do you say to him to correct him.

  7. Kyrie Irving with crossover, step-back jumper for Team USA (VIDEO)

    Aug 21, 2014, 11:30 AM EDT

    Team USA Showcase Getty Images

    It’s a great move, one Irving pulls off almost ever game.

  8. Derrick Rose says he’ll play Friday vs. Puerto Rico

    Aug 21, 2014, 10:45 AM EDT

    Derrick Rose, Tom Thibodeau Derrick Rose, Tom Thibodeau

    Patience is the right play here. And patience is never popular with any fan base.

  9. Kentucky’s Calipari calls David Blatt right guy to coach Cavaliers

    Aug 21, 2014, 9:45 AM EDT

    David Blatt David Blatt

    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?

  10. Report: Don’t be so sure on Anthony Bennett to Philadelphia rumors

    Aug 21, 2014, 9:16 AM EDT

    Anthony Bennett Anthony Bennett

    If you’re now rebuilding in Minnesota, why trade Bennett?

  11. DeMar DeRozan leads Team USA in scoring, could well stick with team (VIDEO)

    Aug 21, 2014, 1:33 AM EDT

    Dominican Republic v United States Getty Images

    He also was a scoring machine at the showcase in Las Vegas.

  12. Coach K: No Team USA cuts before Friday’s game

    Aug 20, 2014, 11:15 PM EDT

    Team USA Practice Session Getty Images

    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.

  13. Wednesday And-1 links: Youths who entered Ray Allen’s home charged with trespassing

    Aug 20, 2014, 9:45 PM EDT

    2014 NBA Finals - Practice Day And Media Availability Getty Images

    Including a link to the trailers of the STARZ show LeBron James is producing loosely based on his life

Featured video

Will LeBron get booed Christmas Day in Miami?
Top 10 NBA Player Searches
  1. D. Rose (3479)
  2. L. James (2153)
  3. S. Marion (2127)
  4. K. Bryant (2072)
  5. D. Cousins (2051)
  1. R. Allen (1923)
  2. A. Davis (1890)
  3. C. Anthony (1800)
  4. P. George (1793)
  5. K. Irving (1737)