Tuesday, July 17, 2012

Breaking News: Knicks will not match Lin offer sheet

Howard Beck of the New York Times is reporting that the New York Knicks will not match the offer sheet for Jeremy Lin.

The Houston Rockets made a three year offer that is worth $25 million. That contract would have resulted in a tax penalty if the Knicks would have accepted the offer. Now the Knicks will likely start Raymond Felton with Jason Kidd as the back-up.

I was able to contact the team, but they were unable to comment on this breaking news.

Jeremy Lin

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