Rockets sign Marketing deal with East West Bank after adding Lin

And the cash just keeps rolling in.

 

fixed*

 

We signed Lin for "basketball reasons".

 

Reality is boring. It's much more fun to chatter about insidious conspiracy theories!

 

Yep I agree.Also this year is doom year.Martians will take over the world at end of the year,and Stern is one of them.

 

If you don't sign Lin to the 3 year deal, who else would have been as good as Lin that we could have signed? Lowry and Dragic are gone bc in the eyes if mngt, theyre not that much better than Lin. Please, tell me who else could we have gotten?

Now we have a 3 year player that fits what mngt wants, that also gives the team added revenue...what's wrong with that? If you have a problem, then again, who else was available that was as good or better than Lin that we could have signed to a 3 year deal?!

 

The contract was the maximum contract we could give him under NBA rules.

 

Not superstar money, but his contract was the maximum contract we could offer him under NBA rules...and when you outbid the Knicks, you clearly outbid the entire NBA market. So, in reality, we are likely overpaying for him. So, you are wrong to say the contract reflects the belief that he's being paid solely for his PG skills.

 

double post...

 

Speak for yourself. The idea that Lin is only around for the marketing is a disparaging myth. 'He doesn't pass the basketball eye test so the dude must be around for marketing reasons.'

If all it takes is an Asian face to make bucks, then Yi Jianlian, who played well for Chinese Olympics team and is there, would have gotten a NBA contract. No one wants him. Cuz he has sucked in the NBA.

A guy with an Asian face who is a loser doesn't make money. It still comes down to basketball.

 

edit: played well for the Chinese Olympics team and is popular there

 

Please re-read what I wrote. No where did I say he was being paid solely for his PG skills. Saying that Lin was not signed primarily for marketing reasons is NOT the same as saying he was signed for his PG skills only. That's Logic 101.

Everything I wrote was in response to another poster who made the assertion that the PRIMARY reason we signed Lin was for marketing reasons (such as the recent East-West Bank contract). It is simply ridiculous to assert that any team would pay a person $25M just to get pennies on the dollar in direct marketing benefits especially when his future marketing viability (i.e. years 2 and 3 of his deal) is almost completely dependent on on-court performance. If he doesn't at least play like a starter he's going to be murdered by national media and his marketing potential is going to be destroyed. If the Rockets weren't confident he could play to that potential they would not have signed him.

We "outbid" the Knicks b/c they had salary cap penalties that would have made signing him FAR MORE cost prohibitive than his actual salary. Furthermore, the Knicks' window to win is the next three years. They don't need a development project that in all likelihood won't mesh well with a roster that includes Melo, Amare, and JR.

The reality of the situation is that he is paid in line with an average NBA starting PG. People think Dragic is likely going to be the better player and the fact that he has a better contract reflects this reality.

 

hmmm..my opinion is that basketball skills come 1st.the other things like marketability comes next.it's not two separate entity.what i think is ppl will support lin bcos they felt he's a " winning" product.ppl(@china) root for him to succeed .yi is seen as a failure from what i remember from their posts(there's a little supporters tho). i've been to chinese forums b4 and what i remember are they are pretty much similar to us here.some want him,some felt he's a marketing product,some prefer dragic /lowry.and the above replies are for the knick fan who thinks rocket signs lin purely for marketing.i dont think i'm disagreeing with u btw.

for knicks,one could argue that they want veteran presence.look at the
age of the rosters.there's little youngsters except an injured shump & chris smith . the pgs are all at the prime or over the prime.if u r around at the forum,one word" all in" is pretty much used.btw if u want to know the fans are pretty pissed when knicks did not drafted machado :grin:
I think they are other reasons but my mind is pretty dried up btw


and the mkt is pretty dried up when the time rockets sign lin.

 

No I believe we could have given him a 4th year with an extra 15 million.

 

In reality, Lin was never an unrestricted FA, the Knicks' cap situation is not representative of the entire NBA market, and the reason why we got him is a combination of those factors along with our good fortune that the Gilbert Areas rule applies to him. Not because we overpaid. Because the fact is, if NY was in our shoes cap impact-wise, they would have matched instantly.

 

They are different versions of why NY shouldnt match,but it's though that NY will match the supposed 1st contract until woodson open his mouth

 

fixed

 

No, it's not the max, they could have also offer $15 mil for a 4th year. That would have been the maximum under the rules (5,5,15,15).

Anyways, the initial offer was 4 years $28 mil with a team option the 4th year, so they didn't offer him the the better deal until after they hearing that the Knicks were very likely to match the initial offer and by that time I believe they had traded Lowry.

 

Just for future reference, here's a list of PG's making $5-9M during the 2012-2013 season. Lin will make $5M this season and ~$8.33M on average.

I think Mike Conley is the definition of "average NBA starting PG." He gets you roughly 12pts, 6 assists, and 1-2 steals a game. His contract over the next 4 years will make him $7.18, $7.9, $8.67, and $9.68 million. That averages out to around $8.38M per season which is slightly higher than what Lin will make over the next 3. *note: in most cases a 4 year deal is worth more to a player than a 3 year deal (i.e. less risk).

Player / 2012-13 salary (in millions)
S. Nash 8.9
J. Nelson 8.6
D. Harris 8.5
R. Stuckey 8.5
M. Williams 8.5
G. Hill 8
B. Urih 7.81
G. Dragic 7.5
M. Conley 7.18
J. Wall 5.92
K. Lowry 5.75
J. Jack 5.58
K. Irving 5.53
T. Evans 5.25
B. Roy 5.1
R. Sessions 5
A. Miller 5

Salary info is from: http://hoopshype.com/salaries.htm

 

yes, agreed. I meant to say maximum per year. What I meant to say is that Lin is not a max player (cannot get superstar money), because he doesn't qualify yet, under NBA rules.

Lin is being paid his ceiling per year.

thanks for clarifying my mistake.