JamesKPolk wrote:I'm trying to understand what the reason is for anyone supporting this decision at all. The only one who should be supporting not signing Lin is Dolan's accountant. Nobody else.

The Knicks are capped out for the next 3 years regardless. The only thing this does is save Dolan money. It has no impact on anything else whatsoever. We can't sign anyone with the money we save. Not really understanding how letting a potential star leave for nothing to save a year's worth of luxury tax payments is a "smart" business decision. This is in no way comparable to Jerome James or any other long-term cap destroying contract. So there's no "insanity" involved in this process. The Knicks are letting a talent slip away for what amounts to Dolan not wanting to pay.

Easy to say when it's not your money. The decision has been made and the Knicks are going with Felton. Of course there is still an hour and a half to go.

s3231 wrote:Getting a nice glass of scotch ready...

Should help with whether we match/don't match.

Why wait

gunsnewing wrote:Lin's bro on twitter

13m Josh Lin Josh Lin ‏@JoshLin33

In the midst of all the irrational hate, let’s remember that this is much bigger than basketball, dollars, and NY media

Did God tell Jeremy to sign the offer sheet?

Alan Hahn‏@alanhahn

The #Knicks just confirmed they will not match the three-year, $25.1 million offer sheet Jeremy Lin signed with the Houston Rockets.

The New York Knicks confirmed to ESPNNewYork.com's Ian Begley they will opt not to match the offer sheet point guard Jeremy Lin signed with Houston.

The Knicks had until 11:59 p.m. ET Tuesday to announce their decision whether they will match Houston's three-year, $25.1 million offer sheet or let the Rockets have Lin, who became an international phenomenon during a dazzling February.

A team source told Begley earlier this week that the third year of the Rockets' offer -- worth $14.8 million -- caused the Knicks to consider letting Lin go. If the Knicks matched the offer, they would have been subject to a luxury tax in the third year, potentially bringing their total out-of-pocket cost for the team's salary to about $43 million in 2014-15.

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.

Lin, a restricted free agent, made $788,000 last season.

MaTT4281 wrote:Well at least now I'll be able to get some sleep.

I wish Lin well in Houston (at least for 80 games in the schedule). Certainly will have a soft spot for the Linsanity run. That said, I think I'll end up missing Gallo/Chandler more than Lin. Always a different story when they choose to leave, and let's not mince words, he chose to leave.

technomaster wrote:So WHY... wouldn't the Knicks want to sign Lin... and use him as an asset to trade for some 1st round picks back?

How many teams would line up to pay the kid $14.8 mil?