Sports

Lin stands to score big in NBA free-agent battle

Whether he's playing for the NBA's Houston Rockets or New York Knicks next season, Palo Alto's Jeremy Lin is going to be a rich man. Linsanity, indeed.

According to a report in the New York Post, the Rockets are planning to offer Lin a backloaded deal worth nearly $30 million. The 2006 Palo Alto High grad could make as much as $10 million per year in his third and fourth seasons.

Lin made the league minimum for a second-year player last season: $762,185.

The Houston Chronicle was among the US media outlets reporting that Lin was ready to accept the Rockets' offer, which reports put at about $28.8 million over four years.

Lin averaged 14.6 points and 6.2 assists per game for New York last season in 35 games, including 25 starts, before being sidelined with torn knee cartilage. He is now a restricted free agent, which means New York can match any offers for him. Deals, however, can't be signed until July 11.

The Knicks, however, reportedly offered Jason Kidd a $9 million, three-year contract on Thursday. The move was to either have Kidd mentor Lin, or replace him.

"Jeremy Lin's an excellent player," Rockets general manager Daryl Morey told The Post. "We got to know him firsthand when he was with the Rockets early this season. We think he'd make a fantastic addition to our team."

The Rockets waived Lin last December and he was claimed by the Knicks, who were saddled with injuries. Lin turned into a breakout star when he landed the starting point guard job. Now, Goran Dragic is not expected to return to the Rockets, who traded guard Kyle Lowery to Toronto on Thursday. Both players were factors in the Rockets letting Lin go in December.

Lin, an undrafted 6-foot-3 guard out of Harvard and the NBA's first American-born player of Chinese or Taiwanese decent, evidently would fit nicely in Houston as the Rockets remain popular in Asia even after former center Yao Ming's retirement.

In addition to Lin, the Knicks may have to match another offer to eep their starting backcourt intact. Former Stanford standout Landry Fields has an offer sheet from the Toronto Raptors for a reported $20 million over three years.

— Palo Alto Online Sports

Comments

Posted by bring him back, a resident of Palo Alto High School
on Jul 5, 2012 at 2:18 pm

Bring him back to the Warriors!


Posted by BezB, a resident of Fairmeadow
on Jul 5, 2012 at 2:38 pm

KNBR seemed to think it unlikely the Knicks would part with him, so they'll probably match it.
This seems like the perfect time to ask: does anyone know which elementary school Jeremy attended? Palo Verde? Fairmeadow? neither?

Way to go Jeremy!


Posted by Dubs in 2012, a resident of Green Acres
on Jul 5, 2012 at 2:50 pm

Dubs don't need another young PG with Curry and Jenkins -- they need a vet to back up Curry's ankles as Jenkins improve.

They also don't have the cap room for Lin if the FA bidding goes crazy (it won't.)

LGW!!!!!


Posted by Rockets Fan in PA, a resident of Old Palo Alto
on Jul 5, 2012 at 4:31 pm

Rockets!


Posted by local gurl, a resident of Greenmeadow
on Jul 5, 2012 at 5:14 pm

Wherever he lands, we wish him great success!!! Congrats Jeremy!!


Posted by Hoover Parent, a resident of Hoover School
on Jul 6, 2012 at 10:52 am

Jeremy went to Hoover Elementary. Not sure if it was the "structured education" choice school then as it is now...


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