Jeremy Lin is leaving New York and the Madison Square Garden where his “Linsanity” born when he scored 25 points and defeated the New Jersey Nets with 99-92. Now Lin will take “Linsanity” to Houston after New York Knicks announced that they will not match the Houston Rockets’ offer for the Asian-American star player.
Houston Rockets offered Lin for a $25-million deal, which made it tough for the New York Knicks to match because if they agreed to that deal, they would’ve faced a hefty luxury tax in 2014-15 for the reason that of other big contracts on their books ranging from $30-40 million.
Jeremy Lin returns to Houston, where he spent about two weeks in December during a camp. Though the Rockets liked the performance of the undrafted point guard, but they prefer Kyle Lowry and Goran Dragic on their roster, so they waived Lin.
With no true point guard left on the roster, The Rockets turned back to Lin. Rockets jumped at the chance to reacquire their popularity in Asia, particularly in China, where Yao Ming became a larger-than-life figure.
Houston Rockets also annoying to acquire All-Star center Dwight Howard of Orlando Magic by putting altogether a package of assets and draft picks to offer Orlando in exchange for disgruntled Dwight Howard. In the process, the Rockets lost the unrestricted free agent Goran Dragic to Phoenix Suns, and then traded Kyle Lowry to Toronto Raptors.