Jeremy Lin is Houston-bound, which would have been an unthinkable outcome in February. That was back when we were in the throes of Linsanity—an affliction that charmed fans the world over—especially in New York.
Knicks fans were galvanized and thrilled, as their team became relevant for the right reasons, almost out of nowhere.
But keeping Jeremy Lin was expensive for New York and not just because he's set to make $25 million over three years. Houston put Knicks owner James Dolan in a tough spot with a "poison pill" aspect of the deal. In the final year of that Rockets' offer, Lin would make nearly $15 million.
This was no problem for Houston, but the Knicks would be well into luxury tax in that final season, and that uptick would cost them plenty. To match that Rockets' contract, per league rules, New York would have to make a gigantic bet on Jeremy. They did not, instead throwing their lot in with Raymond Felton and Jason Kidd.
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Article written by Ethan Sherwood Strauss
Did the Knicks Make a Mistake Letting Jeremy Lin Get Away?
July 17th, 2012 by Ethan Sherwood Strauss Leave a reply »
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