Al Iannazzone: Rockets have not been told what the Knicks' decision is yet. Read more: http://hoopshype.com/twitter/media.html#ixzz20ujwoDng
He has the ability but I'm not confident about his health. Also with all these promising rookies on board their development isn't hampered by Lin dominating the ball where their role will turn into catch and shoot players.
nytimes: Linsanity is just about over in New York. Related Off the Dribble: Questions Abound With Lin in the Balance (July 17, 2012) For Fans of Knicks, Conflict Over Lin (July 17, 2012) FiveThirtyEight: Keeping Lin Should Make Financial Sense for the Knicks (July 16, 2012) Police Say Kidd Refused Alcohol Tests (July 17, 2012) Keep up with the latest news, on the court and off, with The Times's basketball blog. Go to Off the Dribble N.B.A. Live Scoreboard Teams | Player Stats Knicks Schedule/Results Roster | Player Stats Nets Schedule/Results Roster | Player Stats W.N.B.A. Live Scoreboard Teams | Player Stats Liberty Schedule/Results Roster | Player Stats The Knicks plan to cut ties with Jeremy Lin on Tuesday night, according to a person briefed on the decision, ending a brief, spectacular and now bittersweet love affair between the 23-year-old point guard and his adoring fan base. Lin will play next season for the Houston Rockets, who signed him to a three-year, $25.1 million offer sheet that the Knicks have elected not to match. The Knicks are not expected to announce their decision until this evening, and there is still a chance — albeit incredibly small — that it could be reversed. But as of 4 p.m. the decision had been made and was considered final by those with knowledge of the deliberations. Indeed, the deliberations were said to be over. The Knicks have first-refusal rights on Lin and by rule have until Tuesday at 11:59 p.m. Eastern time to either match the offer or let him walk. The decision was ultimately financial, not emotional. The contract with Houston includes a third-year balloon payment of $14.9 million, which would have cost the Knicks another $35 million or more in luxury-tax penalties had they matched the deal. The so-called poison pill was designed to dissuade the Knicks. The decision ends two weeks of suspense and speculation, which began when Lin became a restricted free agent on July 1. Now will come the inevitable backlash. Lin saved the Knicks’ season in February and instantly became their most popular player in a decade, as well as a global phenomenon. Fans started at least two online petitions to keep him last weekend when it became apparent the Knicks were leaning toward letting him go. Twitter, blogs and fan forums have been filled with anguished comments for days. The Knicks wanted to keep Lin, but his situation was complicated. Because he was a restricted free agent, the Knicks had the right to match any offer. Yet under N.B.A. cap rules, they could offer him no more than $16.13 million in a three-year deal, and a maximum of $28.75 million over five years. Only a rival team was allowed to include the third-year balloon payment. So it was up to Lin to set his own market value, by getting an outside offer. He initially agreed with Houston on a three-year, $19.5 million deal, including a $9.3 million balloon payment in the third year. That deal was agreed to in principle but never signed. When it became apparent that the Knicks would match, the Rockets increased the third-year salary to $14.9 million, close to the maximum allowed. The Knicks are already expected to be over the luxury-tax threshold, so Lin’s salary would have cost them tens of millions more under the league’s more punitive new system. In recent days, two people briefed on the Knicks’ deliberations said it was unlikely the team would keep Lin. Yet both cautioned that the decision was not final and would ultimately be made by one person: James L. Dolan, the Madison Square Garden chairman. http://www.nytimes.com/2012/07/18/s...n-rockets-offer-sheet.html?_r=1&smid=tw-share
What "one" word you can make out explains it all (Hate this guy but the word is fitting in this case):
Ken Berger @KBergCBS League source confirms @HowardBeckNYT report that Knicks' current plan is not to match Houston offer sheet for Jeremy Lin. Expand
In recent days, two people briefed on the Knicks’ deliberations said it was unlikely the team would keep Lin. Yet both cautioned that the decision was not final and would ultimately be made by one person: James L. Dolan, the Madison Square Garden chairman. It's a trap! http://www.nytimes.com/2012/07/18/sports/basketball/knicks-lin-rockets-offer-sheet.html?smid=tw-share I won't be 100% sure until it's official, I would be if it weren't the Knick$.
Steven A. Smith is on 98.7 (NY) and just said the owner, AT THE BEHEST OF YAO MING, upped the offer to Lin. Huh??? And now he and Michael Kay are saying Lin just accumulates numbers, Mike D system, blah blah blah.
Maybe it's just me, but my only concern is the product on the floor, Les could be worth 10 billion or 10 million and it makes no difference whatsoever on our club. I watched those Knicks games, and their fans loved Lin. From an outsider's view, he is frustrating to watch more times than not. He was a D'antoni product, lots of possessions, lots of points, lots of TO's. Dragic (when starting) was exciting to watch nearly every play, both on O and D. Also, the cap hit kinda hurts next year 'IF' we do not have Dwight, irrelevant if we do.
Ken Berger @KBergCBS League source confirms @HowardBeckNYT report that Knicks' current plan is not to match Houston offer sheet for Jeremy Lin. New York has until 11:59 p.m. ET to formally cut ties with Lin. While decision not unanimous, source characterizes reversal as unlikely.
Ken Berger @KBergCBS New York has until 11:59 p.m. ET to formally cut ties with Lin. While decision not unanimous, source characterizes reversal as unlikely.
Steven A. Smith just said on radio that Yao pushed Les Alexander into upping offer for Lin at last second.
