In one of the most surprising developments of this offseason, the New York Knicks opted not to match the Rockets' offer of a three-year, $25 million deal for Jeremy Lin that will net the point guard roughly $14 million in year three.
Even with the heavy luxury tax penalty, Lin's on-court abilities and off-court marketing value had many fans believing James Dolan and the team's front office would simply bite the bullet.
Once Lin joined Houston, reports began to surface that Dolan's decision not to match was partly due to his feeling slighted by Lin for exploring the open market and bringing in such a hefty offer.
ESPN's Skip Bayless tweeted that he was "cutting off [his] nose to spite [his] face" by letting the star point guard walk.
CBS' Greg Doyle noted on July 20 that since Lin's formal departure, Madison Square Garden stock has depreciated in value by $93 million after it saw a substantial spike during the peak of Linsanity.
During a bleak stretch that saw New York dip below .500, deal with injuries to their biggest stars and barely resemble a playoff ballclub, Lin emerged as the team's leader, main offensive option and, ultimately, saviour.
He ran the pick-and-roll to perfection, got the rim seemingly at will and gelled perfectly with the Knicks' role players.
Opinions have been divided, with some fans saying that the financial restrictions the third year of Lin's deal would have placed on New York were simply too significant to look past, while others believed that Lin's marketing value and electrifying pay were well worth the salary cap hit.
The Book of Basketball writer and Grantland.com editor Bill Simmons offered up what is perhaps the most succinct tweet about the Lin debacle: "The Knicks are stupid. Period."