Found July 20, 2012 on
The Mark Graham Sports Blog:
When Jeremy Lin left the Big Apple for the Lone Star state, it changed the entire dynamic of the New York Knicks as they now prepare without the budding NBA star.
But the MSG stock might take some time to recover. A lot of time.
According to reporter Darren Rovell, in the last four days, the MSG stock has lost $93 million in value. On Wednesday, the stock lost one percent alone.
When Jeremy Lin made his first start with the Knicks back in February, the stock was trading at $29.49 and thanks to "Linsanity", the stocks soared to a record high of $38.80.
Since Lin signed the offer sheet with the Houston Rockets, MSG shares fell to $35.50, an 8.5 percent fall.
Knicks owner James Dolan said that he was betrayed by Lin when he signed the offer sheet by the Rockets after the offer was re-structured. Now it seems as if Dolan has betrayed the shareholders.
BEST OF MAXIM
As you may have heard, Linsanity has moved on. That's right, Jeremy Lin signed an offer sheet with the Houston Rockets -- a big one -- and the New York Knicks failed to match that offer. So all of those Linsanity bandwagon fans will have to ride their wagon all the way to Texas if they want to continue supporting him.
Meanwhile, this ingenius parody of Gotye's Somebody...
Jeremy Lin took the NBA world by storm in late January and February of this past season. Then he took the NBA world by storm with the contentious restricted free agency that saw him leave The Big Apple for Clutch City (awful memories of 1994 just came rushing back into The Empire State). The debate on whether the Knicks should match the extremely back-loaded contract Daryl Morey...
Look, I'm not a Jeremy Lin fan. That doesn't mean I hate him or that watching him have one of those out-of-the-blue stretches last season wasn't unreal. I just don't believe in him being a guy that really ... matters. I'm not on the Money May bandwagon of Lin blowing up because he is Asian. I will say that his star rose much, much higher because it happened...
Jeremy Lin is making headlines again as he has switched teams, leaving New York to join Houston. The city of Houston was a ghost town in the 80s following the oil bust and other energy drops, and the Houston Rockets of today are looking to repeat history. The Rockets lost guys like Kyle Lowry, Luis Scola and Goran Dragic and were desperate to reclaim some magic, so they created...
Not only is Houston Rockets guard Jeremy Lin working with shot doctor Doc Scheppler, he's doing one legged squats at Sparta. SPARTA, Knicks fans, SPARTA!
Why not click the Google +1 & the retweet...
Full story at Bob's Blitz ~ http://www.bobsblitz.com
Presented without comment:
A) Lin has his first big game
B) Lin dominates vs Kobe and the Lakers
C) Rockets offer Jeremy Lin a backloaded contract.
Because, well, apparently the YouTube community...or America at large can't get enough of these.
And we apologize in advance for getting the Gotye song stuck in your head...again.
In today's Gotye parody, a despondent New York Knicks fan (looks the part), laments about his team losing the one and only Jeremy Lin to the Houston Rockets, who were willing to pay him an...
Now that Jeremy Lin will be taking "Lin-sanity" to the Houston Rockets after the New York Knicks decided to not match Houston's offer sheet to Lin, many Knicks fans and media are blasting New York's decision.
His game may have holes to fill, but there was no doubting he electrified Madison Square Garden and not to mention, was a cash-pull when it came to merchandise...
More than 150 media members packed the Houston Rockets' practice court to be on hand for the introduction of Jeremy Lin as a member of the Rockets. The Houston Chronicle notes that's more media than attended the introductory press conferences for either Roger Clemens or Andy Pettitte when those two joined the Houston Astros. "I don't see myself as a conquering...
As the Nets say hello to Brooklyn, the New York Knicks have decided to say goodbye to Jeremy Lin. So how do the two New York squads now stack up against each other?
Well, let’s with an abridged version of the “Linsane” six-month timeline that brought us to this point:
February: “Linsanity” begins in Madison Square Garden (against the Nets).
June: Jason Kidd shows interest...
Five things Im thinking about this weekend while buying up Rockets tickets I can sell online later at an enormous markup.
Note: Im not really doing that.
1. Something that seems true (and totally is): The Rockets are aiming for next year to be the big year.
It starts with Dwight Howard reportedly saying he wont sign an extension with any team, but it continues with what general...