Quantcast
Latest Stories

Knicks to let Jeremy Lin go to Rockets—report



Jeremy Lin. AFP FILE PHOTO

NEW YORK—The Knicks planned to cut ties with Jeremy Lin on Tuesday, allowing the popular point guard who spawned “Lin-sanity” in New York to head to Houston, the New York Times reported.

Lin’s fate has been the subject of intense speculation since he became a restricted free agent this month. He inked a $25 million offer sheet with the Rockets, but the Knicks had the option of matching it until midnight Tuesday night.

“The Knicks plan to cut ties with Jeremy Lin on Tuesday night,” the Times reported, citing a person briefed on the decision.

The Knicks had vowed to match any offer Lin received. But the Rockets’ offer included a $14.9 million scheduled payment for the third year, which would have cost the Knicks millions in luxury-tax penalties on excessive salaries.

Knicks star Carmelo Anthony had been among those hoping the young point guard would stay, although he knew money would be an issue.

“I would love to see him back, honestly. I would definitely love to see him back,” Anthony said after a US Olympic team exhibition win over Brazil in Washington on Monday.

“But knowing the business of basketball, it’s kind of a tough situation, kind of for both parties,” Anthony said.

Lin, whose parents are from Taiwan and who has a grandmother from China, became a smash Broadway hit during last season after having been cut by two NBA clubs — including the Rockets.

Injuries to two starters allowed the former Harvard University standout a chance to come off the Knicks bench and Lin responded by sparking a seven-game Knicks winning streak, his clutch shooting and passing skills earning him adoration from fans.

“Lin-sanity” became a worldwide phenomenon and even after his role was reduced, he served as an inspirational tale.


Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.


Tags: Basketball , Houston Rockets , Jeremy Lin , NBA , New York Knicks , Sports

  • Noel

    The Knicks gonna regret it.  Mark my word.

  • jlin_54

    there are 2 more news re jeremy lin on yahoo with comments running at 200 comments per hour, whats happenning???,  hahaha

  • jlin_54

    the knicks are furious!, loosing jeremy lin because of their PRIDE!, and the GM of the year goes to— Morey of the houston Rockets!!!



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement

News

  • Nepal officials go to Everest to try to end crisis
  • Escudero ready to defend self should name appear in Napoles’ list
  • Obama calls for peaceful end to island dispute
  • Russia not abiding by agreement on Ukraine—Obama
  • Magnitude 6.7 quake off British Columbia coast
  • Sports

  • Promoters Dela Hoya, Arum in talks for Pacquiao-Alvarez—report
  • Benzema guides Madrid to 1-0 win over Bayern
  • Suns’ Goran Dragic win NBA’s Most Improved Player award
  • Heat go up 2-0, hold off Bobcats 101-97
  • Ronaldo shakes off injury fears to play Bayern
  • Lifestyle

  • Photos explore dynamics of youths’ sexual identity
  • 12th Philippine Food Expo set at the World Trade Center
  • No tourist draw, Malang the croc will remain wild
  • The best flavors of summer in one bite, and more
  • Homemade yogurt, bread blended with pizza, even ramen
  • Entertainment

  • Has Ai Ai fallen deeply with ‘sireno?’
  • Sony developing live-action Barbie comedy
  • California court won’t review Jackson doctor case
  • Return of ‘Ibong Adarna’
  • Practical Phytos plans his future
  • Business

  • Facebook profits triple as mobile soars
  • Insular Honors Sales Performers at Testimonial Rites
  • Apple increases stock buyback, will split stock
  • Cost-recovery provisions for affected gencos urged
  • This time, BIR goes after florists
  • Technology

  • Enrile in Masters of the Universe, Lord of the Rings?
  • Top Traits of Digital Marketers
  • No truth to viral no-visa ‘chronicles’
  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Opinion

  • Editorial cartoon, April 24, 2014
  • Talking to Janet
  • Respite
  • Bucket list
  • JPII in 1981: walking a tightrope
  • Global Nation

  • PH-HK relations repaired, but families of victims still being courted
  • Filipinos in Middle East urged to get clearance before returning
  • PH seeks ‘clearer assurance’ from US
  • China and rivals sign naval pact to ease maritime tensions
  • What Went Before: Manila bus hostage crisis
  • Marketplace