New York Knicks End Deliberations, Jeremy Lin Heading to Houston

After the back-and-forth discussions on whether or not to match the Houston Rockets offer sheet, the New York Knicks have made that decision quicker than many would have hoped they would.

According to Howard Beck of the New York Times, the Knicks have ended deliberations and will not match the three-year, $25 million contract offer, allowing Lin to become a member of the Rockets. The deadline to match Lin’s offer-sheet isn’t until 11:59 p.m. EDT, but apparantly the New York brass has made up their minds.

 

I have been on record saying I thought the Knicks took the wrong approach with Lin’s pending free agency from the start. Allowing him to set the market for himself

Mar. 20, 2012; New York, NY, USA; New York Knicks point guard Jeremy Lin (17) shoots a free throw during the second half against the Toronto Raptors at Madison Square Garden. Knicks won 106-87. Mandatory Credit: Debby Wong-US PRESSWIRE

was the wrong move. had they come in with some type of offer from the start, this could have played out differently. Even if Houston still made Lin the offer, the attempt to show him that he wanted could have given the Knicks some leverage.

It has been a crazy couple of weeks it has been for the Knicks and Lin.

All along, everyone thought there was no way the Knicks would allow Lin to walk, especially after winning his Bird rights.

Head coach  Mike Woodson said Lin would definitely be back in a Knicks uniform next season and went as far as naming him the starting point guard.

Then the Rockets made Lin  a deal that reportedly included a $14.8 million salary in the third year.

With the Knicks are so close to the luxury tax line, they couldn’t match such a deal without incurring a financial penalty.

It just shows where the Knicks are right now. It wasn’t that long that long ago when they would have taken on any amount of money if they thought it would improve the team on the court.

Now, they don’t want to invest heavily in a player who has unlimited marketing capabilities after 25 successful games.

Knicks fans will be angry and disappointed at owner James Dolan. When you love a player, you love a player, no matter how many games he’s played.

Yet while the impact will be felt off the court, there’s no guarantee that Lin would progress to the level of player the Knicks need him to become. Nor is there any guarantee he performs at a level that warrants that amount of money.

On the court, the Knicks are in good hands for the short-term with Raymond Felton and Jason Kidd.

How the Knicks came from a team willing to match any offer for Lin to allowing him to walk in such a short time is a mystery.

Is their some resentment towards Lin for turning his back on the one organization that gave him a fair chance? Are the Knicks angry at Lin for not giving it a go in the playoffs when he said he was at 85 percent?

Whatever the reasons, if the report from Beck is indeed true, the Knicks organization has a lot of answering to do.

The Knicks fan base will demand nothing less than knowing why their fan favorite will be in a Houston Rockets uniform in 2013.

Follow Matt Shetler on Twitter for news, reaction and analysis from around the NBA.

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Topics: 2012 Nba Free Agency, Fs.com, Jeremy Lin, NBA, New York Knicks

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  • willi501

    The only thing the have shown me  the last 2 years is their willingness and commitment not to win an NBA championship. I dont care about Steven a. smith, or coach Mike woodson, stubbinness to realize how good or even great a player Lin can become in this league. Jeremy has the 2 componets the Knicks will never have , and thats the willingness to learn and the commitment to win. so in the next  3 years we shall see if he wasnt truley worth the lousy 25 mill or not. but until then just remember i pay for my seats when i go to the garden, not coach Mike woodson, or Steven a. smith. But then again i can always become a brooklyn net fan, least they are showing brooklyn from the start  that they are committed to winning a championship  

  • willi501

    Here we go again with another team change up, who cant see the big picture, thats why we will never even get to the NBA championship. we rather pay a guy like studamire 20 mil a year, who only play when he wants too, when we should  have pay Jeremy the 25 mil for 3 years, least we know he will come to work everyday, and very much committed to wining a NBA championship.  To say that hes not worth 25 mil over 3 years is ridiclous at least to say. no one will know just how good or even great this kid can turn into in the next 3 years. Well carmello hope you get a ring at least. but if you do, i know it wont be in a Knick uniform thats for sure. good luck (KNICKS) Here i come brooklyn NETS   

  • BHam2421

    I have to say as a Rockets fan, I’m thrilled that we were able to bring back Jeremy Lin and very surprised that the Knicks did not match the offer. Sure it was a $15 mil option in the third year but lot can happen between now and then. Other players could be moved to accommodate Lin’s salary or if Lin didn’t produce, his expiring deal would be attractive to other teams. I just feel like the decision not to match his contract went deeper than the Knicks are letting on. Several articles and websites are alleging that Carmelo didn’t want him there any longer.

  • HenryHightower

     @willi501 Lousy 25 million , dude what you smoking .