Adam Zagoria covers basketball at all levels. He is the author of two books and an award-winning journalist whose articles have appeared in ESPN The Magazine, SLAM, Sheridan Hoops, Sports Illustrated, Basketball Times and in newspapers nationwide.
The backloaded deal is reportedly worth $5 million in the first year and $5.2 million in the second, before it jumps to about $10.5 million in the third. There is a player option for the fourth year.
Rockets GM Daryl Morey reportedly wined and dined Lin in Houston and also Tweeted Wednesday: “RedNation please help me welcome [Lin] back 2Houston today! Fitting on July4 as America is land of 2nd chances.’’
The Knicks, who missed out on Steve Nash Wednesday when he agreed to a sign-and-trade with the Lakers, have the right to match any offer for Lin, who gave birth to the global phenomenon known as Linsanity.
Lin played two games for the Rockets in the 2011 preseason but he was waived before the season began to to make room for Samuel Dalembert. The Knicks picked him up off waivers three days later.
“Even if he stayed here, we probably wouldn’t have recognized his talent as much as we should’ve,” Morey told Adrian Wojnarowski of Yahoo! Sports. “He probably wouldn’t have played much at all, and then would’ve been released at the end of the year. I didn’t know he could play this well, and if I did, we would’ve kept him.”
The Dallas Mavericks, who missed out on Deron Williams when he signed with the Brooklyn Nets, are also interested in Lin.
Adam Zagoria is a Basketball Insider who covers basketball at all levels. A contributor to The New York Times and SportsNet New York (SNY), he is also the author of two books and is an award-winning journalist and filmmaker. His articles have appeared in ESPN The Magazine, SLAM, Sheridan Hoops, Basketball Times and in newspapers nationwide. He also won an Emmy award for his work on the SNY mini-documentary on Syracuse guard Tyus Battle.
A veteran Ultimate Frisbee player, he has competed in numerous National and World Championships and, perhaps more importantly, his teams won the Westchester Summer League (WSL) championships in 2011 and 2013.
He lives in Manhattan with his wife and children.