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Jeremy Lin was picked up for almost nothing by the New York Knicks as they battled injuries to their point guards.
The Knicks were just a few days away from cutting him again to avoid having to pay his salary for the rest of the season. Thankfully for everyone, they didn't.
Lin then decided it was time to announce himself to the world and sparked off what came to be known as 'Linsanity.' His fairy-tale run included a staggering 38-point outburst against the Los Angeles Lakers at Madison Square Garden.
Lin will likely remain with the team next season for a massive increase on his basic salary. Expect the Knicks to pay whatever it takes to keep Lin around.
Unfortunately for the Knicks, that creates a massive salary headache. Teams will send in offer sheets for Lin which New York is entitled to match. Offers will come in that are back-loaded versions of the mid-level exception, leading to the Knicks either losing their man or adding in the region of $12 million to their 2013-14 salary bill where they already owe Carmelo Anthony, Amar'e Stoudemire and Tyson Chandler $60 million.
He's getting paid regardless.