Jeremy Lin News: NY Knicks Owner Doesn't Regret Losing Linsanity in 2012
By Lou Ramon Aguila | March 27, 2014 4:58 PM EST
New York Knicks owner James Dolan is not regretting his decision to let point guard Jeremy Lin walk away and join the Houston Rockets two years ago, believing he made the right decision after all.
Jeremy Lin is featured in the latest "This is SportsCenter" commercial.
Dolan, who owns the NBA's most valuable franchise, did not mince any word in saying that he was wise not to match the Rockets' three-year, $23 million poison pill offer to Lin in the summer of 2012.
"No," Dolan said in interview on the Michael Kay show. "No regrets with Jeremy Lin. I wish Jeremy the best of luck, but he's going to get paid $19 million next year, and imagine what our team would be like if we, you know, we'd be stuck for a long time, so no."
Lin is currently averaging at least 12 points and 4 dimes per game in a sixth man role for the Houston Rockets, but his inconsistency and durability issues could prompt the team's front office to trade the Asian American star or perhaps amnesty him next season, where he's due to get $15 million.
Two years ago, Lin ignited the Madison Square Garden after helping the then struggling Knicks reach the postseason. The Knickerbockers were in a rough position then, but Lin came out of Mike D'Antoni's doghouse to lead the team to a series of wins despite playing with injured stars Carmelo Anthony and Amar'e Stoudemire.
Unfortunately for the Knicks, there were not able to lock in Lin, as Rockets General Manager Daryl Morey used a poison pill deal to snatch the Asian-American star from the Big Apple.
In the report by Frank Isola of the New York Daily News, Dolan was reportedly livid and felt betrayed by the decision of Lin to take more money in Houston.
"According to Isola and his sources, Dolan not only felt "upset" and "livid," but also "deceived" and "betrayed." After Houston's initial offer sheet to Lin would have payed him $9.3 million in the third year of the deal, the Knicks promised to match the offer sheet," reported Bleacher Report.
Before the trade deadline, there were rumours that the Knicks are interested to bring back Lin in a trade proposal that also involves Omer Asik in exchange for Tim Hardaway Jr. and Tyson Chandler. However, the potential trade never materialised.
To contact the editor, e-mail:
Most Popular Slideshows
- Kate Middleton Suffocated in Kensington Palace, Queen Elizabeth Reported War With The Duchess [PHOTOS]
- Chris Martin Dating Reports: Jennifer Lawrence Vs Gwyneth Paltrow [PHOTOS]
- 2014 MTV Video Music Awards: Everything To Know [PHOTOS]
- British Style Icon Kate Middleton Fashion Talk With Camilla Parker-Bowles Daughter-In-Law [PHOTOS]
Join the Conversation
- Trading Jeremy Lin Was A Huge Mistake For Houston Rockets
- Manny Pacquiao To Gauge KO Power Against Chris Algieri
- Roger Federer Dedicates 80th Career Title For His Kids
- Arsenal FC Transfer News: Mehdi Benatia and Alex Song in the Mix as Wenger Looks to 'Strengthen Defensive Department'
- Floyd Sr Already Endorsing Manny Pacquiao vs. Floyd Fight After Anticipated Victory Over Maidana
- 4.7-Inch, 5.5-Inch iPhone 6 Models Confirmed with Similar Build, Cam Features & 300+ Screen Pixels on Release Date
- Apple iPhone 6 Release Date, iPhone 6C or 6L Anticipation: Three Things Should Matter To New Phone Shoppers
- Xiaomi Mi4 vs iPhone 6: Why Forecasts Favor Mi4 as The Next Best Phone Against iPhone 6
- James Foley: More Chilling Information Revealed By Escaped Journalists
- James Foley Beheading Video Has Play-Acting Portions – Video Experts Say
- Samsung Galaxy Note 3 LTE Android 4.4.2, Android 4.4.4Guide: Installation and When to Hit Your Region
- Companies Push Back IPO Plans Due to Mega Alibaba Share Launch