Rockets Signs Lin

[adrenaLINe]

yes you can laugh... but maybe the reason why you think money/marketability doenst matter... is because your country can print it out of thin air...

bottom China has money and Lin can tap into that market with 300 million basketball players

Les would be a idiot not to go after it....

but then we all know he got business deals, Chinese advertising and sponsoring deals here and in China because of Yao

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March 27, 2012, 6:49 p.m. ET

Demand for U.S. Debt Is Not Limitless
In 2011, the Fed purchased a stunning 61% of Treasury issuance. That can't last.


BY LAWRENCE GOODMAN

The conventional wisdom that nearly infinite demand exists for U.S. Treasury debt is flawed and especially dangerous at a time of record U.S. sovereign debt issuance.

The recently released Federal Reserve Flow of Funds report for all of 2011 reveals that Federal Reserve purchases of Treasury debt mask reduced demand for U.S. sovereign obligations. Last year the Fed purchased a stunning 61% of the total net Treasury issuance, up from negligible amounts prior to the 2008 financial crisis. This not only creates the false appearance of limitless demand for U.S. debt but also blunts any sense of urgency to reduce ...

http://online.wsj.com/article/SB1000142 ... %20reserve

[Mr. E]

No offense, dude, but if there is any team that understands the value of China it is Houston. Our team owner has a fortune invested in Chinese business interests and he keeps a close relationship with Yao. I don't know if you've ever watchd a Rockets home game, but many of the court side advertisements are in Chinese.

I am kind of curious to see how Lin, an American of Taiwanese heritage will play out on the mainland. I think that he has a close relationship with Yao, so that can't hurt!

[adrenaLINe]

Lin may have a big name but he is not a big name player.

yes... but it if NYK dosent match it wont matter what you think... just what the casual fan thinks... who will come in droves...

you can punch out endless statistics on how Goran is doing vs Lin each and every game for us...

[Mr. E]

If this happens (still far from certain) then I welcome our LOF's with open arms. Beer is in the fridge.

Maybe with the influx of posters we can finally get my draft game up & running!

[adrenaLINe]

If this happens (still far from certain) then I welcome our LOF's with open arms. Beer is in the fridge.

Maybe with the influx of posters we can finally get my draft game up & running!

Lin thread on the NYK board had

35 thousand hits in 12 hours

[Knicks_Fan2]

Hope we match but, if we don't, best of luck to him. Enjoy the Lin only fans.

[90sAllDecade]

ESPN is saying sources say it's a done deal and NY is gonna let Lin walk. There's also a video of the report:

http://espn.go.com/new-york/nba/story/_ ... ource-says

[90sAllDecade]

Here's the article for those who don't feel like clicking to watch the video:

With point guard Raymond Felton on his way to New York via a sign-and-trade deal with the Portland Trail Blazers, evidence is mounting that the Knicks will not match the Houston Rockets' offer sheet to Jeremy Lin.

Team sources say the Knicks are still deliberating whether they can pay Lin more than $25 million over three years, but one source within the Knicks organization tells ESPN's Stephen A. Smith that the Knicks will not match the offer.

A team source tells ESPNNewYork.com's Ian Begley that the third year of the Rockets' offer -- worth $14.8 million -- makes it unlikely the Knicks would match. If the Knicks were to match the offer, they would also be subject to a luxury tax in the third year, bringing their total out-of-pocket cost for Lin to approximately $30 million in 2014-2015.

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, according to sources.

A source close to the process told ESPN.com's Marc Stein the Knicks received the offer sheet Saturday night, meaning they have until 11:59 p.m. ET Tuesday to match it or let Lin go to the Rockets.

When asked on Sunday if he thought Lin would be back with the Knicks, Carmelo Anthony was unsure but took a swipe at the Rockets' contract offer to the point guard.


"It's not up to me. It's up to the organization to say that they want to match that ridiculous contract," he told the paper.

Anthony also said, "I'd love to see him back, but I think he has to do what's best for him right now."

Jared Jeffries, headed to Portland in the sign-and-trade deal that will bring Felton to the Knicks, is one who shares the sentiment that Lin won't be back with the Knicks.

"I never thought they would let him go," he told ESPN New York via text message on Sunday.

A source close to Lin told ESPNNewYork.com that the Knicks' trade for Felton caught Lin off guard.

"He was very surprised," the source said. "He felt the whole time that the Knicks would just match the offer."

Initial reports had the Rockets offering Lin a four-year deal for around $28 million. That deal included salaries of more than $9 million in each of the last two years, which would be a big hit on the Knicks' salary cap.

Still, the organization seemed intent on matching.


"They will match any offer on Lin up to $1 billion," a source told ESPN.com's Stein last week.

Knicks coach Mike Woodson said Wednesday that Lin would not only be back but would enter next season as the Knicks' starting point guard.

It's not clear, however, if the new deal has changed that thinking since the third year of the current deal carries an even bigger cap hit.

If the Knicks re-sign Lin, they'll have $75 million tied up in four players -- Lin, Anthony, Amare Stoudemire, and Tyson Chandler -- in 2014-15.

Lin, a restricted free agent, made $788,000 last season. He averaged 14.6 points, 6.2 assists and 3.1 rebounds in 35 games with 25 starts before his season was cut short because of surgery to repair torn cartilage in his knee.

But in the 35 games he was healthy, Lin went from an end-of-the-bench afterthought to an international phenomenon. The undrafted guard out of Harvard, who was cut twice in the preseason (once by the Rockets) and played in the D-League, set the league on fire in February, leading the Knicks to seven consecutive wins. He scored at least 20 points in nine of 10 games during that stretch.

Felton, meanwhile, will return to New York, where he played 54 games during the 2010-11 season before being traded to the Denver Nuggets as part of the Anthony blockbuster. Felton played well in half a season in New York, averaging 17.1 points before the Knicks sent him to Denver.

He struggled this season with the Trail Blazers, scoring 11.4 points per game on 40.7 percent shooting and briefly losing his starting job.

Felton's agent, Tony Dutt, told ESPN The Magazine's Chris Broussard that returning to New York has been Felton's first choice all along.

[adrenaLINe]

Hope we match but, if we don't, best of luck to him. Enjoy the Lin only fans.

yes like you Knick Fans...are so good to get along with...


when Melo was coming back from injury...

Lin Fans were calling for Lin to go back to the bench...

NY fans were blaming Lin fans for trying to instigate a Melo vs Lin debate, and bashing Melo... when they could not find proof of a Lin only fan bashing Melo...

even though we found out at the time Melo admitting he did not play 100% for coach D, and would have been easy to bash

[adrenaLINe]

too much drama with the Knicks media personalities too...

another reason I wanted to see Lin out of there from day 1

[adrenaLINe]

btw a second Lin thread on the Knicks Board has 14 thousand hits in 5 hours...

lots of buzz going on with this

[goldenbrandon]

looooooool

come to think of it, if we get lin, he will entice howard to stay. automatic market increase

pass that. is lin staying put in ny

[moofs]

im not saying if Lin were here that would bring Dwight and they would win a Championship...

but Lin's International marketability sure would factor into it...

Ding!

Secondly this is a Rockets board not a Lin board, we don't care bout his marketability I mean wtf does that have to do with us? Why do you keep talking about that... All that means is we have to spend more money on tickets for a non championship team...

It's cool and all if Lin brings more fans, but IMO its kinda disgusting to be a fan of someone solely based on the color of ones skin...

I hear you on that, it's barely been enough time to recover from the YOFTOF years.

The marketability thing I think is more of a non-NBA salary incentive for Dwight, which is kindof a neat idear.

[texasholdem]

its kinda disgusting to be a fan of someone solely based on the color of ones skin

It's not like he's Yi Jianlian and can't play.

[Zubby]

its kinda disgusting to be a fan of someone solely based on the color of ones skin

It's not like he's Yi Jianlian and can't play.

Said poster writes a bunch of anti-american ridicule... (Lin turned down playing for the old country, rather wait on USA)
Followed by some closed minded racism, I asume towards Black Americans, maybe White Americans too. (I fail to understand this)
Tops off by spewing hate toward a Knicks & Rockets teams... (Two teams that want Lin most)
All this while claiming to only cheer for Lin.


Disgusting no? pathetic definitely






Our Guardians have forsaken us

[LINearity Wins]

"its kinda disgusting to be a fan of someone solely based on the color of ones skin"
I watched Lin's game because of his heart and passion to basketball.
And the one who wrote this is the real hater based on color of skin

[TMU]

It's cool and all if Lin brings more fans, but IMO its kinda disgusting to be a fan of someone solely based on the color of ones skin...

All of my favorite players are black. I don't have a favorite white player. Is that disgusting?
I understand that you dislike Lin's contract and while you make some valid points, please don't push the race card.

[TMU]

while in the USA your government needs to borrow $45,000 a second to prop up your economy...

China's "domestic" revenue was 1.6 trillion dollars last year...

Let's cut the political crap and stick to basketball. If you must, there are other sites for it.

[adrenaLINe]

im not saying if Lin were here that would bring Dwight and they would win a Championship...

but Lin's International marketability sure would factor into it...

Ding!

Secondly this is a Rockets board not a Lin board, we don't care bout his marketability I mean wtf does that have to do with us? Why do you keep talking about that... All that means is we have to spend more money on tickets for a non championship team...

It's cool and all if Lin brings more fans, but IMO its kinda disgusting to be a fan of someone solely based on the color of ones skin...

I hear you on that, it's barely been enough time to recover from the YOFTOF years.

The marketability thing I think is more of a non-NBA salary incentive for Dwight, which is kindof a neat idear.

please what you need to do is go and slap your economics teacher for doing such a bad job with your education

there is a reason why Les is willing to pay Lin 15 million for his 3rd year... because Lin is a cash cow for him...

bottom line he is the one who pays the salaries...will have to dip into his pocket for luxury tax etc etc etc...

just the fact that NYK is still contemplating taking a 30 million dollar hit on Lin for his 3rd year should tell you something...

you can pretend all you want that Lins marketability dosent matter

but the NBA is all about promoting the players these days... and not the teams they play for...

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Jeremy Lin: A One-Man, Global Economic Stimulus Package


- He will boost the Knicks’ revenue by $10-20 million this season due to merchandise and playoff revenue (playoffs that otherwise the team would not have reached);

- He will boost the Knicks’ 2012-13 revenue by $25-50 million above what it otherwise would have been as merchandise sales and ticket prices rise, and as the team’s media rights rise;

- He will boost the league’s revenues in 2012-13 by $40-80 million largely due to his impact on global interest in the Lin and Knicks brand;

- He will earn between $10-20 million in endorsement income by summer 2013.

For this American-born man with family ties to the Far East, his economic impact upon various facets of basketball’s economy and beyond is shooting Far North of expectations that any of us – including him – likely had.


http://www.forbes.com/sites/prishe/2012 ... package/2/

[NOODLESTYLE]

Lin is American, born & bred.

I think that one or maybe both of his parents were from Taiwan. US citizens and have been for some time.

Yes, but to clarify which has also been stated several times on the Clutchfans board as well, Jeremy Lin's heritage comes from both Taiwanese and Chinese. He acknowledges both as well as being an Asian-American.

Straight from Lin:

[youtube]http://www.youtube.com/watch?v=DaCVJEJs8kM[/youtube]