Jeremy Lin Lands $30 Million Contract from Rockets, Six Months After Team Released Him From $600,000 Deal

by abournenesn

Jul 5, 2012

Jeremy Lin Lands $30 Million Contract from Rockets, Six Months After Team Released Him From $600,000 DealJeremy Lin started the 2011-12 season on the Houston Rockets roster, with a whopping $613,474 contract to his name.

The guard showed some potential in 29 games with Golden State as a rookie in 2010-11, but it wasn't enough to prevent the Rockets from waiving Lin just before the start of the regular season.

Well, Lin is finally making the Rockets pay — literally. The star point guard agreed to a four-year, $30 million offer sheet with the Rockets on Thursday.

After earning plenty of attention while running point for the Knicks this season, Lin worked his way not only into the households of basketball fans everywhere but also into the minds of general managers across the league.

Lin played in 35 games for the Knicks last season, starting 25 of those contests and averaging an unbelievable 14.6 points, 6.2 assists and three rebounds per game.

The signing is solid for the Rockets franchise, especially after trading away starting point guard Kyle Lowry earlier on Thursday, and it should help solidify the position for the team for years to come. But the whole situation still seems a bit ridiculous.

Lin's new deal should be embarrassing for Daryl Morey and the entire Rockets franchise as they could have had the stud guard for the unbelievably low price they had him signed to before the releasing him. And even if the Knicks end up matching the offer and keeping Lin for themselves, Houston should still be kicking themselves for letting Lin walk in the first place.

Shame on you, Houston. No wonder you haven't made an NBA Finals since Hakeem "The Dream" Olajuwon steered you to back-to-back championships in 1994 and 1995. Then again, Lin isn't going to suddenly bring you back to the cusp of title. Let's be real.

Photo of the Night

The seated save attempt just isn't cutting it, here.

Jeremy Lin Lands $30 Million Contract from Rockets, Six Months After Team Released Him From $600,000 Deal

Quote of the Night

I'd probably be a firefighter. Ever since I was growing up, I wanted to be a firefighter or a baseball player. Going into the offseason, I'm going to get my EMT and do the firefighting thing so I have something to fall back on."

Bryce Harper discussing his aspirations as a firefighter and offering a little peek into his offseason plans

Tweet of the Night


Video of the Night

Just because Yao Ming is the biggest guy on the playground, doesn't mean he can steal my Oreos.

Previous Article

Report: Dustin Pedroia Headed to 15-Day Disabled List with Thumb Injury

Next Article

Carl Crawford Says Heckler Called Him Racial Slur During Double-A Rehab Game (Video)

Picked For You