Rumor: Knicks to give Jeremy Lin Mid Level Exception this summer?
But that’s not what I’m talking about, I am talking about next season — Lin could leave the Knicks. He could. But he won’t. The Knicks will overpay to keep him. However, Lin will have some options (we like to call that leverage) and those will put more money in his pocket. And every dollar he gets will make it harder for the Knicks to make upgrades this offseason.
HoopsVibe’s Very Quick Call: Jeremy Lin is finished for the year with a knee injury. Is his career finished with the New York Knicks?
Well, not exactly.
According to cap experts, the most an NBA team can offer Lin is $5 million. The Knicks, who have cap issues, can keep the Taiwanese table-setter but only by tendering him their full Mid Level Exception.
Of course, Lin probably isn’t a $5 million per annum player. At least his play on-court isn’t worth $5 million bucks.
It’s very different off-court -as Lin sells memorabilia and, because of his background and Cinderella story, puts MSG’s favourite team in the global spotlight.
This is too much for any club to pass up. The Knicks have to sign Lin; however, giving him the full Mid Level Exception would make it virtually impossible to ink, say, Steve Nash.
Nash is also a free agent this July. He has a home in New York. And the future member of the Hall of Fame would be able to keep both Carmelo Anthony and Amar’e Stoudemire happy with regular touches.
So keeping Lin could prove costly.
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