Andrew Theodorakis/New York Daily News
(New York Daily News) Jeremy Lin signs Houston Rockets’ offer sheet worth $25.1 million over three years The first offer Lin received from Houston last week was $28.8 million over four years. However, the fourth year of the original offer was a team option at $9.3 million.
Jeremy Lin managed to turn 25 career starts into a $25 million contract, and now it’s up to James Dolan to decide if the undrafted Harvard point guard is worth it. Lin officially signed his offer sheet with the Houston Rockets on Friday, and the deal is more lucrative than originally believed. Lin will earn $25.1 million over three years, including $14.9 million in the final year.
Houston backloaded the deal to make it harder for the Knicks to match, which they nevertheless are expected to do. Assuming Lin returns, the Knicks will have $75 million invested in four players — Carmelo Anthony, Amar’e Stoudemire, Tyson Chandler and Lin — in 2014-15.
Read more on this story at the New York Daily News
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