Posts Tagged ‘ Linsanity ’

Linsanity: Round 2

Jeremy Lin

Jeremy Lin (Photo credit: Wikipedia)

I can’t believe that Linsanity has taken flight once again.  The Houston Rockets have offered Jeremy Lin a $25 million, 3-year deal and he has signed it.  The offer has a so-called ‘poison pill’ in that the third year is for nearly $15 million.  This would make him one of the top paid point guards in the league.  This leaves the New York Knicks in the unenviable position of having to risk punishment under the new CBA that came into effect.  The new rules harshly castigate teams that go over the luxury tax threshold, and the more you go over, the more severe the punishment becomes.

Aside from the relatively small sample of strong play in February of last year, there really isn’t much to go on.  We all know how big of an impact Lin had on the Knicks last year.  But, when you look deeper, the impact was more of a financial and cultural impact.  He does not deserve top 5 at his position kind of money.  He may earn his way up to that type of contract but at this point, he’s not worth that money.  $5 million a year, which is what he’ll make in the first two years of the deal, sounds more like it.  In the first 12 starts of his career, going in to last years all-star break, he averaged 22.5 points per game and 8.7 assists per game.  That alone is worth some money based on future potential. Continue reading