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Crazy⑧s
Jul 03, 2012, 23:06
The Rockets have come to terms with Jeremy Lin on an offer sheet. Specific terms of the deal have not been released. As of July 11th, the Knicks will have 3 days to match offer.

New York Knicks restricted free agent point guard Jeremy Lin will visit the Houston Rockets on Wednesday, according to ESPN.

The report indicates that Houston can make a 4-year, $40 million contract offer to Lin where the final 2 years would be worth $15 million per season.

Ironically, the Rockets had waived Lin at the end of training camp in December to make room on the roster for Samuel Dalembert. He subsequently joined the Knicks and became an instant phenomenon, averaging 14.6 points and 6.4 assists in 35 contests last season.

http://www.thescore.com/home/article...to-offer-sheet



I'm sorry, that deserves its own thread.

StEpHoN_mArBuRy
Jul 03, 2012, 23:09
It says they can offer 4 years 40 million.. Not that that's what the contract is worth

Crazy⑧s
Jul 03, 2012, 23:11
Sorry, 3 days to match as of July 11th. Dumbness.

in the 3rd year of his deal with the Knicks, we'd have $70M tied up in 4 players.

StEpHoN_mArBuRy
Jul 03, 2012, 23:13
I doubt they offered 40 mil.. If so let him walk

Red
Jul 03, 2012, 23:14
We'll match.

But FYI, my first thought is this kid (and his agent etc...) aint stupid.

He's going to get paid while he can. Sh*t...

he almost lost his millions in a millisecond. He won't pass up this opportunity.

My second thought was, he signed an offer sheet without a meeting? SMH

New New York
Jul 03, 2012, 23:23
Well, he hasn't signed an offer sheet yet like Feilds.

We can offer him a 6 year 36 million dollar deal before he signs the offer sheet.

Red
Jul 03, 2012, 23:30
Well, he hasn't signed an offer sheet yet like Feilds.

We can offer him a 6 year 36 million dollar deal before he signs the offer sheet.

Doesn't this wording imply that he signed an offer? :shrug:


The Rockets have come to terms with Jeremy Lin on an offer sheet. Specific terms of the deal have not been released. As of July 11th, the Knicks will have 3 days to match offer.

New York Knicks restricted free agent point guard Jeremy Lin will visit the Houston Rockets on Wednesday, according to ESPN.

The report indicates that Houston can make a 4-year, $40 million contract offer to Lin where the final 2 years would be worth $15 million per season.

Ironically, the Rockets had waived Lin at the end of training camp in December to make room on the roster for Samuel Dalembert. He subsequently joined the Knicks and became an instant phenomenon, averaging 14.6 points and 6.4 assists in 35 contests last season.

http://www.thescore.com/home/article...to-offer-sheet



I'm sorry, that deserves its own thread.

...and who the f*ck is the source (not that it's unbelievable)

I mean it makes sense from a TEAM LINSANITY standpoint.

Paul1355
Jul 03, 2012, 23:31
The Rockets have come to terms with Jeremy Lin on an offer sheet. Specific terms of the deal have not been released. As of July 11th, the Knicks will have 3 days to match offer.

New York Knicks restricted free agent point guard Jeremy Lin will visit the Houston Rockets on Wednesday, according to ESPN.

The report indicates that Houston can make a 4-year, $40 million contract offer to Lin where the final 2 years would be worth $15 million per season.

Ironically, the Rockets had waived Lin at the end of training camp in December to make room on the roster for Samuel Dalembert. He subsequently joined the Knicks and became an instant phenomenon, averaging 14.6 points and 6.4 assists in 35 contests last season.

http://www.thescore.com/home/article...to-offer-sheet



I'm sorry, that deserves its own thread.
never heard of that source before that website....this could be fake no legit source

Lin hasnt met with the Rockets yet


Reports were that the Rockets "might" offer that exact contract, seems like someone took an ESPN rumors and turned it into reality.

Rockets are going to give Lin a contract but more along the lines of 8 mil a year which is what they offered Goran Dragic.....Dragic turned it down

"The Knicks can offer Lin a four-year deal worth $24.5 million. But another team can offer Lin a poison pill that could go as high as $40 million over four years. Such a contract would pay Lin $5 million in each of the first two years and then go as high as $15 million in each of the last two years."

http://espn.go.com/new-york/nba/story/_/id/8127252/2012-nba-free-agency-jeremy-lin-new-york-knicks-visit-houston-rockets-wednesday-sources-say

fender0577
Jul 03, 2012, 23:31
If we give LIN 40 mill, i'm done.

STAT1
Jul 03, 2012, 23:36
Well, he hasn't signed an offer sheet yet like Feilds.

We can offer him a 6 year 36 million dollar deal before he signs the offer sheet.

Why would he sign a 6 yr $36M deal if the Rockets offered him (hypothetically) a 4 yr $40M deal?

I'm not sure the Rockets would want Lin eating up $15M in cap space in his 3rd & 4th years either. I would imagine they offered him a similar package to what Dragic turned down, which was reportedly averaging out at $8M per. Since the Rockets can only offer Lin a max of $5M / $5.3M in the first 2 years of the deal per the CBA, if they maxed him out at $15M in the 3rd year it would come to $25.3M total over 3 years, which I would guess is about what this offer they're making to Lin probably is ($8M average per year).

VeryGundy
Jul 03, 2012, 23:37
Why would Houston offer such a ridiculous contract? It's not like they have a lot of money to spend.

Besides, they want a superstar such as Gasol or Howard. Lin doesn't fit into their plan.

STAT1
Jul 03, 2012, 23:41
I think the Knicks will definitely match a 3 year $24M offer for Lin & then likely look to dump Amar'e in year 3.

CoolClyde
Jul 03, 2012, 23:45
wtf? Knicks gonna lose their PG of the future and HOPE and PRAY Steve Nash plays for 1 or 2 years? Dolan is a stupid dickhead who puts all his eggs in 1 basket time after time, and Grunwaldo is a tool.

how can the Knicks match this and still afford STAT, MELO and CHANDLER?

let's see:
lose David Lee in order to have enough money to sign LeBron. Dolan sticks his nose in the proceedings, while LeBron, Wade and Boosh have already conspired to play together in Miami... FAIL!!

lose 1/2 the team in order to get Melo, because Dolan sticks his nose in and doesn't want to wait for free agency... FAIL!!

lose Donnie Walsh because Dolan won't let him run the team... FAIL!!
lose Fields and Lin waiting around to see what the rest of the NBA does, while Knicks are once again, stuck in salary cap hell, back to where we started 4 years ago... FAIL!!

the stink of Dolan is starting to make the Knicks very unattractive.

If the Nyets get Dwight Howard, i just don't know what I'm going to do.
this is killing me!! this is... Linsanity!!

cheers!
:beer:

NY17KNICKS
Jul 03, 2012, 23:51
I dont believe it.

NY17KNICKS
Jul 03, 2012, 23:57
This isnt anywhere else, it would even be reported by incaratedbob..

VeryGundy
Jul 04, 2012, 00:02
I can't find anything online about this rumor.

Lin will be in Houston tomorrow. Why would anyone want to play in Houston instead of New York City? This rumor is highly unlikely

StEpHoN_mArBuRy
Jul 04, 2012, 00:38
I can't find anything online about this rumor.

Lin will be in Houston tomorrow. Why would anyone want to play in Houston instead of New York City? This rumor is highly unlikely
This is a very homerish way of looking at it. If city x is paying a **** load more than NY Im going to city x probably..

NYNYK
Jul 04, 2012, 00:51
what scares me is that lin's injury may cause him to rethink things financially. If he can get as much $$$ as possible now, he can be financially safer later on in his career if it does become short-lived.

I hope he doesn't think just in dollars though. If he does and he signs with the Rockets, he will be the most disappointing player in my eyes.

gmf1369
Jul 04, 2012, 00:54
http://www.nydailynews.com/sports/basketball/knicks/jeremy-lin-meeting-houston-rockets-four-year-40-million-deal-ny-knicks-match-article-1.1107322

only thing out there that says Lin could receive an offer sheet worth around 4 yrs 40 Million, nothing that he actually signed the offer sheet... but who knows...

tkrieger
Jul 04, 2012, 01:53
If Lin signs the "Poison Pill" deal in Houston, my biggest fear is the $$$$$ poisoning him........ He's also going to have "LeBron James" type pressure to bring that team (or the Knicks if they match) a title.

And if he doesn't perform well, he'll face something he's never faced before- Boos from the home fans.

Paul1355
Jul 04, 2012, 01:53
yea bro next time you put a "breaking news" banner along with this title make sure you have a legit source before you give everyone a heart attack

Weissenberg
Jul 04, 2012, 07:25
It doesn't really matter what money he'll be offered, we'll match anyway. Dolan once paid >$60M in luxury tax while having only one valuable player on the roster. Calm down folks and stop acting like it's you who's going to pay the tax.

REALHEAT
Jul 04, 2012, 07:37
Long story short, Lin is nowhere worth this kind of money. period

CoolClyde
Jul 04, 2012, 07:49
Long story short, Lin is nowhere worth this kind of money. period

don't you have a dick to suck?

please f*ck off. on your period.

REALHEAT
Jul 04, 2012, 07:59
don't you have a dick to suck?

please f*ck off. on your period.

U MADD BRO?

if you think Lin is worth this then you are as stupid as the Rockets for offering it to him. Goran DRagic is better. The Knicks should be going after him. Don't get mad. Would you really feel good about the Knicks handing this type of money out to a guy who had a good few games in the league?
I can name 3 PGs better and cheaper than Lin
Sessions
Maynor and Dragic AND Kirk Hinrich
I can't believe you Knick fans die when mediocre players are OVERPAID

tiger0330
Jul 04, 2012, 08:27
Word is the offer will be a 3 year deal for 5, 5.2, 13. Makes more sense. They Rox showing Lin the love with a Welcome Back Jeremy sign with a picture of him in a Rockets jersey on their building.

Seba
Jul 04, 2012, 08:34
Sorry, 3 days to match as of July 11th. Dumbness.

in the 3rd year of his deal with the Knicks, we'd have $70M tied up in 4 players.

Well, the Rockets will have 30millions tied in Lin + Asik. Talk about nonsense.

Let's wait for confirmation on this. I don't think they will make such an offer. In any case the Knicks will match. I don't care about money really, all this just means that Dolan will pay a ****load of money in 3 years, but it doesn't screw our flexibility because we will have none regardless.

dasilva1079
Jul 04, 2012, 08:49
Well three year deal for $25 mil is doable, 4 year for $40 is pretty high but I don't see this stopping the knicks from still keeping him. It's not all about his play either, he brings publicity and there is alot of money to be made with marketing, selling tickets, jerseys and more. The luxury tax just got alot more expensive with the new CBA, but the knicks are one of the most lucrative teams in the league money wise. Dolan has always put out the money so it shouldn't be a problem.

Weissenberg
Jul 04, 2012, 10:02
@alanhahn: Jeremy Lin was always going to play the field as a free agent, so the fact that he met with Houston and is expected to get a contract offer sheet promise today is of no surprise to the Knicks. This is Standard Operating Procedure. Knicks have 3 days to match after the moratorium lifts on July 11 and all indications are they will match, even if it means hefty luxury tax expenses in Year 3. That's how the Knicks show Jeremy just how much he means to them.

Hahn has been known of his insight of the Knicks organization and if he says we're going to match no matter what I don't have any reason not to believe it's true. Lin's a lock, book it. ;)

NYk_Reloaded718
Jul 04, 2012, 10:10
I can see the Rockets throwing him some outrageous ridiculous contract

VeryGundy
Jul 04, 2012, 10:23
I can see the Rockets throwing him some outrageous ridiculous contract

Probably a backloaded contract much like the one they offered Asik.

It comes down to a choice of dishing out 36 mil/3 years for Nash or 25mil/3 years for Lin.

nuckles2k2
Jul 04, 2012, 10:29
Why would Houston do that to Goran? ****, if they don't want him...we can work some sort of deal out.

The Dragon is legit.

Oldtimer
Jul 04, 2012, 10:41
Other teams know precisely what the Knicks can offer Lin in the absence of an offer from another team. It follows that any team desiring Lin will offer him a better contract, i.e., a backloaded contract that in two years time will put the Knicks in signifiicant luxury tax mode. If Fields can get a three year backloaded contract worth almost $20M, Lin is likely to be offered a better contract. How much better - who knows? I would think $40M is too much, but I could never have imagined almost $20M for Fields, considering, particularly, that unrestricted free agents such as Mayo and Beasley would likely take considerably less.

Dolan has been willing to pay luxury taxes in the past. To what extent will another team risk paying Lin an unwarranted premium just to cause luxury tax problems for the Knicks? No team should do that because it will not help that team and it would risk having to pay Lin more than he is believed to be worth if the offer is not matched.

It would seem to me that the Rockets, or any other team, will not offer Lin more than they believe he is worth. As a player, Lin had an excellent short term run in the D'Antoni system, but that system made the likes of Duhon and Fats Felton look good. Lin show some promise, but a guaranteed $40M looks like too much. As far as marketing type income that will follow Lin is concerned, it is unclear to me how much of it goes to the team rather than Lin personally.

It is unlikely, to say the least, that the Knicks will match the offer to Fields and I am not particularly heartbroken if it scuttles our efforts to get Nash. Berman suggests it would cost us Shumpert to get Nash and says it as if it might be part of discussions with Phoenix. Berman is an idiot whose comments often have no actual support. If we were to give up Shumpert for the sake of overpaying the 38 year old Nash with a three year contract, I will give up on the Knicks. I would rather have Kidd or Prigioni.

Although the Toronto offer to Fields appears to have been designed to to keep us out of the Nash market, I would watch out for Toronto in the Lin market. Toronto has a huge Asian community. There is chemistry, friendship and apparent devout Christianity between Lin and Fields. Perhaps Toronto's overpriced offer to Fields had alternative objectives.

Sage
Jul 04, 2012, 10:47
Soo, that link takes you to a 404 error page, so I'm calling bull**** on this until I start to see Knicks beat writers report on it.

nuckles2k2
Jul 04, 2012, 11:02
I would call Houston's bluff on the Lin offer sheet (if they extend one today), and talk to Goran and his people about a sign and trade.

He played his way from out under Kyle Lowry, to the point they're most likely going to move him, to make way for Goran to start. Except now they want Lin? Goran is not coming off the bench again, and you can't bring Lin off the bench...that has global ramifications.

So if I were Glen, I'd be on the phone right now with Goran and his people (who are no closer to a new deal, they're still apparently a ways apart) and plant those seeds of subterfuge right now.

Turn Goran on the Rockets. He's already turned down one deal, and he's looking at the Mavs now.

Houston wants to offer Lin a deal that would catapult us into deep luxury tax territory in the future, if we match? Ok.

Kyle already doesn't like McHale and seemingly wants out, Goran is exploring the market and isn't running back to Houston....sign and trade, switch PGs, you want Lin @ $40M? You can have Lin @ $40M.

Give us The Dragon.

nuckles2k2
Jul 04, 2012, 11:06
Soo, that link takes you to a 404 error page, so I'm calling bull**** on this until I start to see Knicks beat writers report on it.



If the Knicks are willing to do anything to keep Jeremy Lin, they’re about to get the chance to prove it.

Lin will meet with the Houston Rockets Wednesday and could sign an offer sheet worth close to $40 million. The Knicks, who will have the option to match any offer Lin agrees to, still believe they have a chance to keep Lin and add Steve Nash.


Read more: http://www.nydailynews.com/sports/basketball/knicks/jeremy-lin-meeting-houston-rockets-four-year-40-million-deal-ny-knicks-match-article-1.1107322#ixzz1zfclKTh6

http://www.nydailynews.com/sports/basketball/knicks/jeremy-lin-meeting-houston-rockets-four-year-40-million-deal-ny-knicks-match-article-1.1107322

Obviously it's not a done deal, there has been no offer as of this minute (as far as I know). But seeing as how they're having trouble re-signing Goran, and Kyle isn't exactly happy; plus, with the way it affects the Knicks' books in the near future, if we match, I would not be shocked if they did offer it today.

petescud
Jul 04, 2012, 11:11
i guess all we can hope is that Lin is worth that much $$....we already have bloated contracts with Amar'e and Melo....i wouldn't had paid more then $15 mil for either, but that water under the bridge (and Melo is worth more the Amar'e, no doubt...)

nuckles2k2
Jul 04, 2012, 11:18
Man...I can see a bit of a mistake on the horizon. I'm a Knicks fan, I have nothing against Lin....I was cheering for the dude watching tv & at the Garden. But a close to $40M contract, that puts the Knicks into the luxury 'super' tax, where operating $5 million over the threshold could cost the team $15-20M alone?

Are we sure, that he's even close to being that sure a thing? Realistically speaking. Because if the Knicks cross that threshold and go into the super tax territory (when it kicks in) we can't cry foul about what happened in the summer of 2012.

I don't know if Lin is the gamble I'd make.

VeryGundy
Jul 04, 2012, 11:32
Why are we still talking about the 40 mil contract? It is just a rumor. OTOH, if Houston does offer Lin 40 mil, let them have Lin.

As for Goran Dragic, he is a highly sought after FA now that DWill is off the market. I wouldn't be surprised if he asks for 40 million for 4 years.

orangeblobman
Jul 04, 2012, 12:11
i guess all we can hope is that Lin is worth that much $$....we already have bloated contracts with Amar'e and Melo....i wouldn't had paid more then $15 mil for either, but that water under the bridge (and Melo is worth more the Amar'e, no doubt...)

I think, based on that 10-game run, that Lin is worth 40million. At the same time, my only concern with Lin is how he will be hold up with the health.

It seems we're all caught up on whether or not Lin, in a vacuum, is worth 40m$, and I think he is because the guy is a legit baller. But outside of the vacuum, where we have to consider things like injuries, this is where my concern is. I'd like to see him play a full season and see how he holds up.

That's another thing about Landry, a little off topic here, but Landry played the full 82 and full 66 without missing a game. That's a durable player.