Late Saturday night, word began to circulate that the New York Knicks had worked out a deal to acquire point guard Raymond Felton from the Portland Trail Blazers through a sign-and-trade agreement. That deal likely spells the end of Jeremy Lin's time in New York, which means he's almost certainly headed to Houston to play for the Rickets.
While Lin's three-year, $25 million deal with Houston is expensive, the Rockets are desperately in need of a point guard, and bringing Linsanity to town would be a huge coup both on and off the court.
Marc Berman of the New York Post reports that several sources have claimed that the Knicks won't match Lin's offer.
After trading Kyle Lowry to the Toronto Raptors and allowing unrestricted free agent Goran Dragic to walk away and join the Phoenix Suns, the Rockets are now desperate for a point guard. While Lin has his faults, he is a solid point guard who can be spectacular at times. He is certainly worth the risk the Rockets are taking on him.
Lin's deal with the Rockets will pay him $5 million in the first year, $5.225 million in the second and a whopping $14.8 million in the third. It is a gigantic risk financially for Houston to spend that kind of money on a guy who only has 25 career starts, but from a marketing perspective, bringing Linsanity to town could be huge.
During Lin's breakout season in 2011-2012, he averaged 14.6 points, 6.2 assists and 3.0 rebounds in 26.9 minutes per game. He played in 35 games (starting 25) and helped boost New York's run to a playoff berth.
Now it looks like Lin will be tasked with running the point in Houston, where he could be the team's alpha dog already. This would be a huge development for the Rockets.