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Lin signs offer sheet with Houston officially - 3yrs $25M (offer changed)
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AnubisADL
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7/14/2012  1:36 PM
IrishKnickFan wrote:In regards this is the way i look at it. Originally ther were reports that houston was gonna offer 35-40 million over 4 years which was insane so we are lucky that the price is a lot lower than expected. Now if Lin turns into the player that we though than ot is a bargain at his age and if he scuffles than at least its not a long term contract

If he doesnt produce he will be a bad deal plain and simple. We already know the Knicks have a hard time moving bad deals.

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GodSaveTheKnicks
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7/14/2012  1:54 PM
AnubisADL wrote:
IrishKnickFan wrote:In regards this is the way i look at it. Originally ther were reports that houston was gonna offer 35-40 million over 4 years which was insane so we are lucky that the price is a lot lower than expected. Now if Lin turns into the player that we though than ot is a bargain at his age and if he scuffles than at least its not a long term contract

If he doesnt produce he will be a bad deal plain and simple. We already know the Knicks have a hard time moving bad deals.

Did you not read any of the cba stuff and look at our cap situation?

Let's try to elevate the level of discourse in this byeetch. Please
markvmc
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7/14/2012  1:58 PM
Some quotes found on another site, showing the financial value of Lin (with thanks to Nagel100 on the xscape from elba Knicks site.

"In the last week, the market cap of MSG, Inc., which owns Madison Square Garden and other sports venues, has added $71 million. "Because of Jeremy Lin," Steven Kiel wrote Tuesday, before Lin hit a game winning shot against Toronto, "shares hit a new 52-week high of $32.30. With 62.08 shares outstanding, today's move up of $1.15 means the market thinks Jeremy Lin's weekend success is worth $71.4 million."


"Although Bryant says he “doesn’t even know what Lin has done,” shareholders in Madison Square Garden, Inc., the parent company of the Knicks, do: Since Feb. 4th MSG’s stock price has increased from $29.32 to $31.15 February 10th, or 6%, adding $139 million to the company’s market value. During the same period the S&P 500 has gone up less than 1%"

".According to USA Today, MSG Network has seen ratings increase by 70% since the beginning of the Lin phenomenon. Ratings for the Knicks-Hornets game were 130% higher than for the same game last year -- and ratings drive advertising revenue. According to TiqIQ.com, the average ticket price for a Knicks game on the secondary market catapulted up 33%, from $229 to $304. "

So, from a purely financial viewpoint, Lin's contract is a good deal for Dolan.

Knicksfan
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7/14/2012  2:35 PM
markvmc wrote:Some quotes found on another site, showing the financial value of Lin (with thanks to Nagel100 on the xscape from elba Knicks site.

"In the last week, the market cap of MSG, Inc., which owns Madison Square Garden and other sports venues, has added $71 million. "Because of Jeremy Lin," Steven Kiel wrote Tuesday, before Lin hit a game winning shot against Toronto, "shares hit a new 52-week high of $32.30. With 62.08 shares outstanding, today's move up of $1.15 means the market thinks Jeremy Lin's weekend success is worth $71.4 million."


"Although Bryant says he “doesn’t even know what Lin has done,” shareholders in Madison Square Garden, Inc., the parent company of the Knicks, do: Since Feb. 4th MSG’s stock price has increased from $29.32 to $31.15 February 10th, or 6%, adding $139 million to the company’s market value. During the same period the S&P 500 has gone up less than 1%"

".According to USA Today, MSG Network has seen ratings increase by 70% since the beginning of the Lin phenomenon. Ratings for the Knicks-Hornets game were 130% higher than for the same game last year -- and ratings drive advertising revenue. According to TiqIQ.com, the average ticket price for a Knicks game on the secondary market catapulted up 33%, from $229 to $304. "

So, from a purely financial viewpoint, Lin's contract is a good deal for Dolan.

Yes so as many said here, Lin's contract has already been paid. I'm sure MSG will reap.more benefits off Lin, though not the same numbers as during Linsanity.

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earthmansurfer
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7/14/2012  2:49 PM
loweyecue wrote:
Papabear wrote:
loweyecue wrote:Lin was given one chance and he made use of it, He played hard and delivered results and exceeded expectations - what I don't get is why isn't everyobody sold on him?

Papabear Says

because only 25 - 30 games and the Heat destroyed him.

Ok so 25-30 games is too small a sample size? But one bad game against the Heat is enough to convince you?

Don't bring that logic here! I mean at least you didn't use the word "hypocrite"

Lin is special and most of us here notice that. I guess the others are scarred by past Knick teams,... fair enough.

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Papabear
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7/14/2012  2:52 PM
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:Papabear Says

All I can say now is that Lin better be the real deal or he will hear it from the fans. And if he ain't the real deal we make him sit the second year until he is so frustrated that he would want a buy out for maybe half of the third year.

OK so then both Melo and amare should sit this year, you cool with that? Right.

Papabear Says

Melo and Amare has proved themselves through out the years. Lin has had only 30 games. How can you compare?? You can't!!

I am not comparing anything. You were talking about being the real deal and no player on our roster outside of Tyson and Shump are even close to playing at a level that justifies what we pay for them.

Papabear Says

When Amare first came to the Knicks he played almost a whole season 25 points a game. Melo single handedly took us to the playoffs. I'll tell you what! When those other players you are talking about can play 7 straight years at a high level like Amare and Melo then come talk to me about Lin Shump, and Chandler. Man Chandler needs to work on scoring and rebounding. Defense I'll give him credit.
Back in the day I had a singer like that no one would give him a break but I did and produced a hit record on him. It went to his head and we split up and I continued to produce and write hit songs and he never got another hit song.
What I am saying is that Lin is putting a strain on the team. But business is business you got to look out for yourself.

25 pts a game justifies a max contract??? What about the 35+ points he gives up on defense every night? David Lee produced 20+ a game AND he grabbed 10+ rebounds.

Melo singlehandedly took us to the playoffs???????? Without Lin and the 9 game streak your precious Melo and Amare wouldn't even have sniffed the playoffs in the weakest conference we have seen in a while. Put the kool-aid down and step away from the keyboard.

Papabear Says

Since you are sold on Lin Let's see what he does this year. I really hope he does well this will help us when we trade him for Chris Paul.

Lin was given one chance and he made use of it, He played hard and delivered results and exceeded expectations - what I don't get is why isn't everyobody sold on him?

Papabear Says

because only 25 - 30 games and the Heat destroyed him.

Ok so 25-30 games is too small a sample size? But one bad game against the Heat is enough to convince you?

Papabear Says

Yes and it's his trunovers. And don't tell me about Amare and Melo They've proven themselves through out the years.

Papabear
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7/14/2012  2:56 PM
crzymdups wrote:This crap about Lin and the Heat needs to stop. The Heat are the NBA champs. Lots of teams had a bad game against them... including the Knicks WITHOUT Lin (Game 1 of the playoffs was a massacre).

Knicks have a lot of work to do to try to beat the heat. it's nowhere near all on Lin.

Papabear Says

If Lin fails every one on this forum supporting him will be ready to throw him under the bus

Papabear
loweyecue
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7/14/2012  3:04 PM
Papabear wrote:
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:
loweyecue wrote:
Papabear wrote:Papabear Says

All I can say now is that Lin better be the real deal or he will hear it from the fans. And if he ain't the real deal we make him sit the second year until he is so frustrated that he would want a buy out for maybe half of the third year.

OK so then both Melo and amare should sit this year, you cool with that? Right.

Papabear Says

Melo and Amare has proved themselves through out the years. Lin has had only 30 games. How can you compare?? You can't!!

I am not comparing anything. You were talking about being the real deal and no player on our roster outside of Tyson and Shump are even close to playing at a level that justifies what we pay for them.

Papabear Says

When Amare first came to the Knicks he played almost a whole season 25 points a game. Melo single handedly took us to the playoffs. I'll tell you what! When those other players you are talking about can play 7 straight years at a high level like Amare and Melo then come talk to me about Lin Shump, and Chandler. Man Chandler needs to work on scoring and rebounding. Defense I'll give him credit.
Back in the day I had a singer like that no one would give him a break but I did and produced a hit record on him. It went to his head and we split up and I continued to produce and write hit songs and he never got another hit song.
What I am saying is that Lin is putting a strain on the team. But business is business you got to look out for yourself.

25 pts a game justifies a max contract??? What about the 35+ points he gives up on defense every night? David Lee produced 20+ a game AND he grabbed 10+ rebounds.

Melo singlehandedly took us to the playoffs???????? Without Lin and the 9 game streak your precious Melo and Amare wouldn't even have sniffed the playoffs in the weakest conference we have seen in a while. Put the kool-aid down and step away from the keyboard.

Papabear Says

Since you are sold on Lin Let's see what he does this year. I really hope he does well this will help us when we trade him for Chris Paul.

Lin was given one chance and he made use of it, He played hard and delivered results and exceeded expectations - what I don't get is why isn't everyobody sold on him?

Papabear Says

because only 25 - 30 games and the Heat destroyed him.

Ok so 25-30 games is too small a sample size? But one bad game against the Heat is enough to convince you?

Papabear Says

Yes and it's his trunovers. And don't tell me about Amare and Melo They've proven themselves through out the years.

Priceless.

TKF on Melo ::....he is a punk, a jerk, a self absorbed out of shape, self aggrandizing, unprofessional, volume chucking coach killing playoff loser!!
biglove44
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7/14/2012  3:19 PM
GodSaveTheKnicks wrote:
VDesai wrote:
VCoug wrote:
VDesai wrote:
loweyecue wrote:
gunsnewing wrote:Is this really a big deal. Wasnt the original offer going to pay him 5 5 10 & 10?. Isnt a 3yr deal better than 4yrs?

Yup

Not necessarily with the luxury tax. Because the Knicks have to essentially pay 2 for 1 salary over the tax, the financial committment might preclude them from going over the cap to sign a player with the MLE, for instance. It also makes Lin a bit more difficult to trade with the salary matching.

We're going to be at the luxury tax and the apron regardless.

That's not the point- the more you go over the tax, the more extra you have to pay- the more extra you pay- the less likely you'll want to go over the tax more. So it precludes us from potentially adding players with the MLE etc.

I don't blame Lin at all for getting his cash. I just find the re-worked contract situation needlessly shady. Lin knew he needed to get another team involved to get more cash from the Knicks. The whole poison pill situation at the last minute is just a little weird and it certainly hurts the team that he's ultimately going back to. There's only some underlying degree of animosity that can come from this whole situation. If he plays great, its all moot.

We are already over the cap.
We can not use the full MLE unless we want to be subject to a hard cap.
This is why we signed Kidd using the mini MLE instead of the full.
This is the way it will be over the next 3 seasons.

The Knicks could have just offered Lin a deal before he went shopping.
They wanted to let the market set the price.
It did.
This is business.

I can't believe the same board where people were clamoring for us to cut Lin because he was wasting a roster space is talking like a bunch of starry eyed kids. We're all grown ups here and have been following the NBA long enough to know that players aren't all saints just playing for the love of the game and teams toss players to the curb and trade them like commodities. Fans go from hating a player to worshipping him like crazy people then shouting obscenities about their mother in front of their wives and kids.

This is the city where Yankee "fans: booed Mariano F-in Rivera.

We may be overreacting a little no?

Of course this will get overlooked, again and again.

biglove44
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7/14/2012  3:24 PM    LAST EDITED: 7/14/2012  3:27 PM
Papabear wrote:
crzymdups wrote:This crap about Lin and the Heat needs to stop. The Heat are the NBA champs. Lots of teams had a bad game against them... including the Knicks WITHOUT Lin (Game 1 of the playoffs was a massacre).

Knicks have a lot of work to do to try to beat the heat. it's nowhere near all on Lin.

Papabear Says

If Lin fails every one on this forum supporting him will be ready to throw him under the bus

You just contradicted yourself in an earlier post. First you say his sample size is too small to justify his pay, then you go on to say that he isn't good because of his 1 game against the Heat. You look silly and even sillier for not understanding your own hypocrisy.

If he doesn't fail, then can the board agree to banish you from this forum?

loweyecue
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7/14/2012  3:57 PM
Apparently we still don't have an offersheet from Houston - WTF?
TKF on Melo ::....he is a punk, a jerk, a self absorbed out of shape, self aggrandizing, unprofessional, volume chucking coach killing playoff loser!!
smackeddog
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7/14/2012  5:01 PM
loweyecue wrote:Apparently we still don't have an offersheet from Houston - WTF?

Ha- apparently grunnie is avoiding the courier! They have to give it to him directly but he avoided the courier at the hotel- very petty, but I like it!

smackeddog
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7/14/2012  5:10 PM
Here's the story according to rockets beat writer @johnathon_feigen on twitter:

Rockets so far unable to hand deliver Lin offer sheet. Knicks refused to accept at team hotel. Glen Grunwald not at practice yest, gm today.

Rockets had a courier knocking on doors at hotel, call room. Could not get someone to accept offer sheet yesterday.

Rockets FedExed offer sheet to Knicks offices in NY, but league said GM Glen Grunwald must receive it himself. Clock to match at standstill.

All of this is high comedy, but does leave no doubt that Knicks will take every bit of three days to match, once offer sheet is in hand.

I love that when players can sign contracts on IPads, somebody is running around Vegas tryng to shove an envelope in a GM's hands.

Ha, Grunnie is p***ed!

crzymdups
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7/14/2012  5:16 PM
yeah, i'm pretty surprised that the Rockets can't email the offer sheet to the Knicks front office.

this whole Houston/Lin/Knicks thing is an embarrassment for every side involved.

¿ △ ?
ramtour420
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7/14/2012  5:17 PM
smackeddog wrote:Here's the story according to rockets beat writer @johnathon_feigen on twitter:

Rockets so far unable to hand deliver Lin offer sheet. Knicks refused to accept at team hotel. Glen Grunwald not at practice yest, gm today.

Rockets had a courier knocking on doors at hotel, call room. Could not get someone to accept offer sheet yesterday.

Rockets FedExed offer sheet to Knicks offices in NY, but league said GM Glen Grunwald must receive it himself. Clock to match at standstill.

All of this is high comedy, but does leave no doubt that Knicks will take every bit of three days to match, once offer sheet is in hand.

I love that when players can sign contracts on IPads, somebody is running around Vegas tryng to shove an envelope in a GM's hands.

Ha, Grunnie is p***ed!

This is turning out to be classic. Way to go !!!

Everything you have ever wanted is on the other side of fear- George Adair
blackisblack
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7/14/2012  5:22 PM
I knew the whole coming Lin contract signing/offer would be a big deal but never thought it'd go to this proportion.

Craziness!

crzymdups
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7/14/2012  5:27 PM
this strikes me as Knicks being petty, but also Morey being a total amateur GM. how many offer sheets have we seen go around the league and we've never heard a story like this BS before. why are other GMs able to deliver a simple offer sheet without this turning in sideshow?

Morey is all flash, no substance. after all these hijinx is he going to get either Dwight or Lin? probably not. Or even Asik? Nope - Bulls are gonna match that.

And in the meantime, he lost Lowry, Dragic and Scola for almost nothing in return. one draft pick for Lowry.

All he accomplished was losing his best three players for nothing and pissing off the Bulls and Knicks with a BS poison pill contract.

¿ △ ?
loweyecue
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7/14/2012  5:41 PM
Ooooh Grunny playing hard to get, and Morey will not be denied. Let me know when he announce their engagement.
TKF on Melo ::....he is a punk, a jerk, a self absorbed out of shape, self aggrandizing, unprofessional, volume chucking coach killing playoff loser!!
AnubisADL
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7/14/2012  6:03 PM
Papabear wrote:
crzymdups wrote:This crap about Lin and the Heat needs to stop. The Heat are the NBA champs. Lots of teams had a bad game against them... including the Knicks WITHOUT Lin (Game 1 of the playoffs was a massacre).

Knicks have a lot of work to do to try to beat the heat. it's nowhere near all on Lin.

Papabear Says

If Lin fails every one on this forum supporting him will be ready to throw him under the bus

No they wont. They will blame Melo and Woodson for Lin's shortcomings.

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loweyecue
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7/14/2012  6:54 PM
Tommy Dee: Source tells me that Lin "definitely" signed the offer sheet and that the rockets are waiting on dwightmare Clarity b4 to delivering to Ny 1 minute ago


<---sources tell me--->

TKF on Melo ::....he is a punk, a jerk, a self absorbed out of shape, self aggrandizing, unprofessional, volume chucking coach killing playoff loser!!
Lin signs offer sheet with Houston officially - 3yrs $25M (offer changed)

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