Found July 17, 2012 on
Pro Sports Daily:
The New York Knicks announced on Monday they've acquired point guard Raymond Felton in a sign-and-trade with the Portland Trail Blazers, a move that had been reported earlier. However, the Knicks did not state whether they plan to match Jeremy Lin's three-year, $25.1 million offer sheet from the Houston Rockets or to let let Lin go. The Rockets' offer to Lin would pay him $5 million in the first year, $5.225 million in the second and $14.8 million in the third, ESPN.com. It's the third year that is giving the Knicks pause, because it would force the Knicks to pay a luxury tax.The Knicks have until 11:59 p.m. on Tuesday night to decide whether to match the Rockets' offer sheet to Lin. USA Today reported Felton received a three-year, $10 million deal. The Knicks acquired Felton and Kurt Thomas from the Trail Blazers in exchange for Jared Jeffries and Dan Gadzuric,
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After being informed the Rockets' poison pill (re: Jeremy Lin) became that much more deadly with the altered terms, the Knicks took to the phones. Working feverishly to seek out other potential alternatives, the team didn't have to look very far. With that, a former Knick and rumored offseason target will be returning to the Big Apple.The Knicks agreed to a sign & trade...
Knicks fans may need a few days before it officially sinks in, but Jeremy Lin is a Houston Rocket. Between the knee injury last season and New York letting Lin walk in free agency, Linsanity ended about as quickly as it began. With New York’s decision to not match Houston’s $25.1 million offer, Jeremy’s life will undergo yet another rapid change. During an interview with Pablo...
DON'T LET GO
Knicks owner James Dolan reportedly felt "deceived" by Jeremy Lin who opted to sign with the Rockets and leave New York.
With news breaking that Raymond Felton was coming back to New York and the team did not have plans on matching Houston’s offer sheet to Jeremy Lin, fans everywhere are surprised. And apparently, some Knicks fans are not happy. At all.
Fans have started a petition to Knicks management to keep Jeremy Lin in town. The Harvard graduate was an instant fan favorite, as he was a huge...
With the trade to bring former Knicks Raymond Felton and Kurt Thomas back to New York now official, hope that the team will match Jeremy Lin's offer sheet with the Rockets continues to fade.Losing Lin would be devastating, to say the least. His impact and value both on and off the court makes him a key potential piece to the puzzle moving forward. Whether he played alongside...
THAT'S KOOKY TALK!
Carmelo Anthony strongly expressed his opinion regarding the contract the Rockets offered his teammate and added it's not up to him to decide whether the Knicks match it.
In a stunning development, sources report that the New York Knicks have decided not to match the offer sheet the Houston Rockets presented to Jeremy Lin for $25 million over three years. To soften the departure of Lin, the Knicks … Continue reading →
Earlier on Wednesday Jeremy Lin –now of the Houston Rockets — opened up about free agency and how he went from the height of Lin-sanity to someone who fell from the graces of James Dolan. And in this frank interview with Sports Illustrated he conveyed his feelings of wanting to be in New York, that was preference, [...]
HOUSTON If the general manager of the Houston Rockets were in public office, Daryl Morey would be in big trouble this election cycle. Approval ratings would be way down. And it probably wouldnt even matter whom he was running against.
Are you better off now than you were even one year ago? Morey's opponent might say. No. One year ago you had Goran Dragic. Now you have Zoran...
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The New York Knicks troubles continued as the team decides if Jeremy Lin is worth $58.3 million in 2014-15.
The New York Post reports that if the Knicks matched the Rockets offer sheet for Lin, owner James Dolan could pay the $58.3 million because of the new CBA's luxury-tax penalties.
The Knicks seem to have decided to pair Jason Kidd with a cheaper point-guard in Raymond Felton...
It’s looking more and more likely that the Knicks won’t be matching the contract the Houston Rockets gave to Jeremy Lin. In light of comments made by Carmelo Anthony and JR Smith, for chemistry’s sake, it seems like that is probably not a bad thing. In an interview with Sports Illustrated, Smith was extremely candid about [...]
While Mike Woodson keeps tight lipped, J.R. Smith opened up to Sam Amick of Sports Illustrated today while in Vegas about the Jeremy Lin contract saga: “I’m sure the city would love to have him back, but the team decided to go in a different direction. It’s nothing personal, I don’t think, just business. We just hope everybody can benefit from here.”
Smith did not...
NiuBBall: JR Smith’s former CBA team has replaced him with Quincy Douby. This probably doesn’t interest you now, but you’ll chuckle this spring when I tell you how much better they got (you may recall that Smith’s team failed to make the playoffs, something that’s never happened to a Douby-led squad). Fun Fact: Douby set a CBA Finals record when he scored 53 points...