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Under First Year Of NBA's New CBA, Teams Quick To Spend On Free Agents
Published July 9, 2012
STRAIGHT TO THE POINT: In N.Y., Mike Lupica wrote people "keep hearing about the boatloads of money that Jeremy Lin will make for the Knicks,” but the team’s decision to match the four-year, $28.8M offer sheet Lin has signed with the Rockets “shouldn’t be about that kind of business.” It can “only be about the basketball business.” If it is not, then the Knicks "make it for all the wrong reasons, and waste valuable money, especially down the road, against the salary cap.” This “isn’t to say that the Knicks shouldn’t match the back-loaded offer." But if they do, they “have to believe that in a point guard league, that Lin can be one of the better point guards by the third year of this contract, when he starts making more money.” Lupica: “If they don’t -- and if he’s not -- Knicks fans aren’t going to want to hear about how Lin helped them grow their brand in Taiwan” (N.Y. DAILY NEWS, 7/8). SportsNet N.Y.’s Chris Carlin said, "This is a money decision, not a basketball decision. I don't think ‘Linsanity’ is going to be what it was during that brief stretch earlier this year, but you can't knock the fact that all of a sudden it brought attention to this guy. You walk around the city, you see people wearing Jeremy Lin jerseys. And you can't work against the idea that he has also opened up a new market to the Knicks in the Asian community. ... We’re talking about a whole new revenue stream for the Knicks. They were always bringing him back. Didn't matter what other teams were paying because they’re going to make their money back and more” (“Loud Mouths,” SportsNet N.Y., 7/6).