crzymdups wrote:JamesLin wrote:ChuckBuck wrote:misterearl wrote:For cap purposes, Lin’s three-year salary would count as an average for Houston, or $8.4 million a year. But the Knicks would be charged the full amount in 2014-15, costing them $50 million to $60 million in a combination of salary and luxury taxes - Howard Beck, NYTCarmelo Anthony Has Freedom Of Speech
“It’s not up to me. It’s up to the organization to say that they want to match that ridiculous contract.”
Who says that paying a 25 game NBA rookie $60M is ridiculous?
PREACH EARL PREACH!!! 25 games only man, and this guy will be making more than proven MVPS/all stars Nash, Rondo, and Tony Parker!
You're right.. 25 games in and already financial report indicated he can make 600 million next year on marketing mostly from Asia.
People fail to acknowledge that Lin is a massive gold mine for any team. It's one reason why I think a max deal is probably fair for him.
If the Knicks are good for the next three years, the pressence of Lin (provided he's still starting and playing well) will make the Knicks easily 10 times what they spend on his contract.
Any money argument about not signing Lin is a crock of horse sh!t.
Not really. It hinges on him being the real deal, not a better Yi Jianlian.
http://www.theatlantic.com/business/archive/2012/07/how-much-is-jeremy-lin-really-worth-to-an-nba-team/259876/
But once Yao retired, the effect wore off. Between 2001 and 2011, the Rockets' net worth grew 93.6%; the average NBA team grew by 88.2%. Let's say Lin's presence were worth 5% over a decade. In that event, he'd be worth $39.5 million for the Knicks, a considerably more modest sum.These back-of-the-envelope calculations hinge on Jeremy Lin actually being a good basketball player, which Yao indisputably was, making one of the All-NBA teams on five separate occasions. But Yao's biggest asset -- his, um, size -- also made it hard for him to stay healthy. Lin, at a more normal-human size, shouldn't have the same biomechanical issues that plagued the 7'6" Yao. So perhaps Lin will be worth more both on and off the court than Yao Ming thanks to better longevity.
Nevertheless, this is the upside scenario. Don't forget the other hyped Chinese import in the past decade, Yi Jianlian. NBA officials expected a 200-million plus viewing TV audience for his first hardcourt meeting with Yao Ming. But there was a problem: Yi wasn't very good at basketball. He never lived up to his lofty draft status, and is out of the league now -- toiling in the NBA's developmental league five years after being drafted. While Yi was with his original NBA team, the Bucks actually grew slower about half a percentage point slower than the average team.
However, Jeremy Lin is likely already a better player than Yi. The latter never had a stretch of play as sweet as Lin's during Linsanity, when the point guard looked like the best avatar of Mike D'Antoni's helter-skelter offense since Steve Nash. And it's perhaps significant that the team most ardently after Lin is the Rockets, one of the teams that cut him during his time in the wilderness. If there were anyone predisposed to thinking Lin a fluke, it would be them. (Houston's GM, Daryl Morey, is the most famous statistically-inclined general manager in the NBA currently, so it's safe to assume Lin scores highly in the Rockets' proprietary stat system).
So, is Lin worth it? The answer is: Only if he's a good player--and even then, if his financial value is fleeting, not at a premium rate. Only your play pays the bills.
7/16/2012 2:39 PM
