I ask basketball fans, not just knick fans, would you match Rockets' offer for Lin?

They're already over the cap and with annual increases in other players' salaries, they'll be over the luxury tax even without his deal.

So, they can't use that money on anyone else if they let him go.

Combine that with all of their injury issues in the backcourt last season (so they need plenty of depth for insurance), and Yes, I would match it
 
Yes.

When the 3rd year comes, we'll address it. If he's starting and playing well, it doesn't bother me. If he's hugging the bench, you have an attractive trade chip. As we have learned by now, teams would do anything to get rid of some bad contracts.
 
Yes, he knows the NY system and hes got a decent mentor now - too many big contracts in NY to mess around with another PG and risk another poor season. This yr its all about the big 3 in NY so if you got someone who know the system and knows the team then roll with it. For the next couple of yrs anyhow
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What are the salary cap ramifications for Y3? Not dollar-wise because that's a no-brainer in this situation but exception-wise.
 
Originally Posted by Scientific Method

I would. MSG stock has gained ~$600m in market cap since Jeremy Lin's first start. You assume at some point Linsanity has to die down, but I'd ride it out as long as it lasts. Hell, 200 million people in China alone watched the Rockets vs the Bucks in a meaningless regular season game. You gotta capitalize on that market
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This. Having Jeremy Lin on your team is about more than X's and O's.
 
Originally Posted by Antidope

Originally Posted by Scientific Method

I would. MSG stock has gained ~$600m in market cap since Jeremy Lin's first start. You assume at some point Linsanity has to die down, but I'd ride it out as long as it lasts. Hell, 200 million people in China alone watched the Rockets vs the Bucks in a meaningless regular season game. You gotta capitalize on that market
Click to expand...
This. Having Jeremy Lin on your team is about more than X's and O's.
Click to expand...

That's fine but then halfway into the season when they realize he's an average player and Linsanity is dead, then what? We have another overpaid bench player in blue and orange. Something we are far too used to. Then we can't trade him for %*#@. I'd rather let him WALK, it's the Knicks. Garden sells out every damn night. 
 
Originally Posted by Ballerific703

Originally Posted by Antidope

Originally Posted by Scientific Method

I would. MSG stock has gained ~$600m in market cap since Jeremy Lin's first start. You assume at some point Linsanity has to die down, but I'd ride it out as long as it lasts. Hell, 200 million people in China alone watched the Rockets vs the Bucks in a meaningless regular season game. You gotta capitalize on that market
Click to expand...
This. Having Jeremy Lin on your team is about more than X's and O's.
Click to expand...

That's fine but then halfway into the season when they realize he's an average player and Linsanity is dead, then what? We have another overpaid bench player in blue and orange. Something we are far too used to. Then we can't trade him for %*#@. I'd rather let him WALK, it's the Knicks. Garden sells out every damn night. 
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All he has to be is average for it to continue in my opinion, his hype machine was that big. People would eat it up and put whatever spin on it they want to and if he was getting 14 and 6 Linsanity would continue and that 14 and 6 would feel like 20 and 11 in most peoples eyes. I think he has the potential to at least put up those numbers next year if not more. From a pure basketball standpoint it isnt worth the risk I agree, but if I'm putting myself in the imaginary owners chair, the potential for profit is too great. This is a gamble I'm willing to take cause the potential for that much gain is worth the money I'd stand to lose. Only time will tell though.
 
Originally Posted by HankMoody

What are the salary cap ramifications for Y3? Not dollar-wise because that's a no-brainer in this situation but exception-wise.
Click to expand...


They'll be over the lux tax so they'll be limited to the mini-MLE

But that's immaterial since they would be in the lux tax without Lin anyway because of annual raises to Melo Amare and Chandler, Shumpert's extension, and whoever they get to replace Camby and J.R.
 
As a Lin supporter, I say no. It's an opportunity for him to show the world that he was not a fluke(with less talent on the team) and he could lead the young Rockets to the Playoffs. Playoff is a stretch (If they can get D12 though) but it's the best scenario for Lin and also the Knicks.
 
23gms....was at 80% by the time the playoffs started sat it out not really worth the money the rockets asking for
 
^^Huh? 3/25 is 8.33/year and that's exactly what Houston's cap hit will be for the next 3 years. That last year is only killer for the Knicks and that's because of the loophole. Not sure how Wade and LeBron figure into this. That argument can be spun a lot of ways anyways. Amar'e Stoudemire shouldn't be making as much ____ and so forth.



Ill steelo, yes I said as much in the offseason thread. The Knicks will surely be in the luxury tax and probably over the apron (>4M over tax threshold) with or without Lin (either offer).



My opinion on this whole Lin situation? This seems to be a turn-of-events driven by James Dolan's oversized ego.
 
Originally Posted by HankMoody

^^Huh? 3/25 is 8.33/year and that's exactly what Houston's cap hit will be for the next 3 years. That last year is only killer for the Knicks and that's because of the loophole. Not sure how Wade and LeBron figure into this. That argument can be spun a lot of ways anyways. Amar'e Stoudemire shouldn't be making as much ____ and so forth.



Ill steelo, yes I said as much in the offseason thread. The Knicks will surely be in the luxury tax and probably over the apron (>4M over tax threshold) with or without Lin (either offer).



My opinion on this whole Lin situation? This seems to be a turn-of-events driven by James Dolan's oversized ego.
Click to expand...
He get's 14.5 in the third year of the contract.
That contract year could cost the Knicks upwards of $40 million after luxury tax.

Amar'e Stoudemire is a Rookie of the Year, 6 time All-Star, 1 time All NBA 1st Teamer, 4 time All NBA Second Teamer, with 2 MVP type season under his belt...read off Lin's accomplishments please.

LeBron makes 14.5, Wade makes 14...Lin will be getting paid like a HoF champion without proving anything besides his potential marketability and his affinity for TO's.
 
In a vacuum, yes. But it's not a 1 year contract. Lin isn't getting paid 14.8M in Y3 because he is worth 14.8M in Y3. If Houston could offer him 8, 8.33, and 9, it would. But due to CBA restrictions it can't so the team sweetened the offer the only way it could: back-loading it. Houston will take the 1/3rd cap hit every year so the contract is the same. NYK's cap hit is the yearly salary.
edit: Never compared Amare to Lin. That'd be ridiculous. Let's compare Amar'e to LeBron? Like I said, the comparison argument doesn't hold any weight because it can be spun in different ways and plus it's hard to compare contracts in different offseasons and completely different situations. 
 
Originally Posted by HankMoody

In a vacuum, yes. But it's not a 1 year contract. Lin isn't getting paid 14.8M in Y3 because he is worth 14.8M in Y3. If Houston could offer him 8, 8.33, and 9, it would. But due to CBA restrictions it can't so the team sweetened the offer the only way it could: back-loading it. Houston will take the 1/3rd cap hit every year so the contract is the same. NYK's cap hit is the yearly salary.
edit: Never compared Amare to Lin. That'd be ridiculous. Let's compare Amar'e to LeBron? Like I said, the comparison argument doesn't hold any weight because it can be spun in different ways and plus it's hard to compare contracts in different offseasons and completely different situations. 
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Point still remains that he will be making 14.8 million in the 3rd year of his contract. Houston didn't have to offer that backloaded contract. They sweetened the pot to cut off any other potential suitors, overvaluing his unproven potential to a ridiculous level in the process.
[h1]Knicks must let Jeremy Lin go[/h1][h3]Nothing personal -- he's just not worth the money. Let the sanity begin![/h3]



By Stephen A. Smith | ESPNNewYork.com







Jeremy Lin has been all about the money since the day he burst onto Broadway.

Lin was about the Benjamins when Linsanity made the cover of Time magazine. He definitely was overcome by dollar signs when he wouldn't play at "85 percent" for the New York Knicks in the playoffs, and it was all about the bottom line once free agency arrived.

[+] Enlarge
Debby Wong/US PresswireJeremy Lin won't need to sleep on anyone's couch in Houston.

So now that Lin has confirmed the obvious, signing an offer sheet from the Houston Rockets that would dole out a balloon payment of $14.8 million in the third year of a reported deal worth approximately $25 million, it's time for the Knicks to mirror Lin's behavior.

That means acknowledging Lin's worth, recognizing it's far less than $14.8 million in any season, and cutting ties with him quicker than we can spell s-a-n-i-t-y.

Sources inside the organization tell me that is precisely what the Knicks intend to do.

Here's hoping James Dolan doesn't think about changing anybody's mind.

This is the way it should be. Why everybody's making such a fuss about it boggles the mind.

Nobody's arguing over whether or not Lin can play, because we know anyone who drops 38 on the Los Angeles Lakers, who drops 28-and-14 on the Dallas Mavericks and who averaged more than 14 points and 7 assists in 25 NBA games must bring a little game with him. But that is not the issue here.

The issue is simple in that it can be reduced to one question: Is Jeremy Lin worth in excess of $30 million for any one season on any team's salary cap? That's the hit the Knicks would take, when you factor in the luxury tax, in the third year of this deal.

The Knicks are reportedly on the verge of saying "hell no," as one team source told me Saturday night. And if that's indeed the case, kudos to the franchise for making an intelligent decision.

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​
Catch Stephen A. Smith alongside Ryan Ruocco on ESPN New York 98.7, weekdays from 1 to 3 ET.   More »

It's meaningless to discuss whether Lin is a potential point guard of the future. Or whether he'll be able to mesh with Carmelo Anthony -- which, by the way, is ridiculous on its face since Melo was the man primarily responsible for convincing former coach Mike D'Antoni to play Lin in the first place.

It's about Jeremy Lin, and what Linsanity has done to the Jeremy Lin the Knicks once knew.

As the regular season waned and Lin was recovering from arthroscopic knee surgery, there were numerous occasions when members of the Knicks, on all levels, questioned what was going on. With their backcourt decimated, desperate for some infusion of relief, time and again players, coaches, even Madison Square Garden executives looked over and asked privately, "Do you think he could give us 15 minutes?"

It was before Lin blurted out that he was "85 percent," but long after members of the Knicks realized he didn't want to jeopardize the potential paycheck waiting for him down the line.

Fear of injury is one thing. Fear of getting outplayed and exposed in postseason competition is another. And although folks universally recognized Lin's heart, they also lamented Lin's inner circle of confidants quick to tell him there was no better position to be in than the one he was in at the end of the season.

[h4]NBA Free Agency[/h4]
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NBA free agency is under way, and ESPN.com has you covered with all the latest deals, trades and potential moves.
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• Insider: Free-agent PER rankings 
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Fast-forward to now and it's all clear. Jeremy Lin was all about business. He was all about getting paid. And he didn't mind acting like Jerry Maguire ("Show Me The Money," remember?) one bit as one Knicks backcourt body after another came tumbling out of the playoffs.

To be clear, Lin wasn't wrong about this at all. For a point guard with a streaky jump shot, a limited left hand, who's turnover-prone and eons away from being a capable defender, he should be called an astute businessman right now with the deal he swindled out of the Rockets.

But it doesn't change the position he has now put the Knicks in. Pay him now, and he may ultimately cost them more than $30 million later. And this would be around the same time Melo, Amare Stoudemire and Tyson Chandler are accounting for a combined $62 million on the Knicks' books.

Lose him? What do you lose?

Lin did not sign an offer sheet with the Boston Celtics, Brooklyn Nets or someone else within the Atlantic Division or the Eastern Conference. In Houston, Lin would be seen twice a year -- unless the Rockets are heading to the NBA Finals, which isn't fathomable in the foreseeable future.

[h4]Knicks Blog[/h4]
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Looking for more Knicks news? ESPNNewYork.com has you covered. Blog

Meanwhile, the Knicks just signed Jason Kidd for three years and re-acquired Raymond Felton for three years.

They have experience, depth and happen to be two guards capable of running the show for a team with two stars in Amare and Melo who will want the ball when they are called upon to step up and play like stars.

Lin is no scrub. He can play. The Knicks, undoubtedly, will acknowledge this.

But while doing so, they should just make sure to ask two questions of anyone who thinks Lin deserves such an exorbitant amount of money:

What exactly did 25 games prove?

And when did Jeremy Lin -- in Year 3 of this deal -- become the second coming of Chris Paul?
 
goldenchild9 wrote:
HankMoody wrote:
^^Huh? 3/25 is 8.33/year and that's exactly what Houston's cap hit will be for the next 3 years. That last year is only killer for the Knicks and that's because of the loophole. Not sure how Wade and LeBron figure into this. That argument can be spun a lot of ways anyways. Amar'e Stoudemire shouldn't be making as much ____ and so forth.



Ill steelo, yes I said as much in the offseason thread. The Knicks will surely be in the luxury tax and probably over the apron (>4M over tax threshold) with or without Lin (either offer).



My opinion on this whole Lin situation? This seems to be a turn-of-events driven by James Dolan's oversized ego.
He get's 14.5 in the third year of the contract.



That contract year could cost the Knicks upwards of $40 million after luxury tax.




Amar'e Stoudemire is a Rookie of the Year, 6 time All-Star, 1 time All NBA 1st Teamer, 4 time All NBA Second Teamer, with 2 MVP type season under his belt...read off Lin's accomplishments please.




LeBron makes 14.5, Wade makes 14...Lin will be getting paid like a HoF champion without proving anything besides his potential marketability and his affinity for TO's.

Harvard Grad, good luck achieving that Amare
Click to expand...
Click to expand...
 
Originally Posted by endemic415

goldenchild9 wrote:
HankMoody wrote:
^^Huh? 3/25 is 8.33/year and that's exactly what Houston's cap hit will be for the next 3 years. That last year is only killer for the Knicks and that's because of the loophole. Not sure how Wade and LeBron figure into this. That argument can be spun a lot of ways anyways. Amar'e Stoudemire shouldn't be making as much ____ and so forth.



Ill steelo, yes I said as much in the offseason thread. The Knicks will surely be in the luxury tax and probably over the apron (>4M over tax threshold) with or without Lin (either offer).



My opinion on this whole Lin situation? This seems to be a turn-of-events driven by James Dolan's oversized ego.
Click to expand...
Click to expand...
Click to expand...
He get's 14.5 in the third year of the contract.



That contract year could cost the Knicks upwards of $40 million after luxury tax.




Amar'e Stoudemire is a Rookie of the Year, 6 time All-Star, 1 time All NBA 1st Teamer, 4 time All NBA Second Teamer, with 2 MVP type season under his belt...read off Lin's accomplishments please.




LeBron makes 14.5, Wade makes 14...Lin will be getting paid like a HoF champion without proving anything besides his potential marketability and his affinity for TO's.

Harvard Grad, good luck achieving that Amare



That means what exactly?
Ama're's potential life earnings is multiple times greater than that of Lin's.

Same reason Bill Gates dropped out of Harvard never to return again. Some people have the type of ability that needn't be constrained by the proving ground of college.
 
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