Sunday, July 15th, 2012 at 10:22 am  |  52 responses

Knicks Trade For Raymond Felton, Might Not Match Jeremy Lin’s Offer Sheet

In a move that surprised just about everyone last night, the Knicks sign-and-traded for their former point guard Raymond Felton, leaving legitimate questions about whether or not they plan to match the offer sheet the Rockets and Jeremy Lin agreed to. Here’s more, per ESPN: “The New York Knicks have agreed to a sign-and-trade deal with the Portland Trail Blazers that will bring point guard Raymond Felton and center Kurt Thomas to New York in exchange for center Dan Gadzuric and forward Jared Jeffries, league sources confirmed Saturday night. The deal, for three years and $10 million according to USA Today, raises the possibility the Knicks will not match the offer sheet Jeremy Lin signed with the Houston Rockets earlier this week. They could pass after signing Jason Kidd and acquiring Felton. A source close to the process told ESPN.com’s Marc Stein the Knicks officially received the offer sheet Saturday night, meaning they have until 11:59 p.m. ET Tuesday to match it or let Lin go to the Rockets. Earlier, a source close to the Lin talks said Houston had been unsuccessful in several attempts to deliver the offer sheet to Knicks general manager Glen Grunwald. League rules say the offer sheet must be physically delivered. A source close to Lin told ESPNNewYork.com that the Knicks trade for Felton caught Lin off guard. ‘He was very surprised,’ the source said. ‘He felt the whole time that the Knicks would just match the offer.’”

  • Add a Comment
  • Share
  • RSS

Tags: , ,

  • http://slamonline.com Krishan

    Congratulation jeremy you get your $$$ and get to live your dream playing with…wait who’re the people playing for houston again?

  • JML-G

    smart move by Knicks – im sure they better off with Felton plus Kurt Thomas presence is good for the team.. Rockets better hope that Lin wasnt a one hit wonder and now they aint stuck with overpaying a average player

  • jinolin

    I like this move, I guess the tone up top is win now.

  • Tyquez

    Knicks dont need Lin now…. Felton was a beast with new York before the melo trade hope he start over kidd

  • http://www.nba.com Shadojoker

    Wow..just wow at the Knicks…smart move though..Lin doesn’t fit well with Amare,and Carmello..at the same time..too many mouths to feed..a shame because Houston won’t have ANYBODY else!! Well at least we know that Jeremy Lin will be starting point guard for the Allstar game then!!

  • jinolin

    I hope Lin makes it happen where ever he ends up, he is that underdog type… Would of been good for him to stay with a semi-contender instead of a soon to be bottom feeder, but money talks bulls___ walks is the going sentiment nowadays

  • Mike Wang

    Why don’t Americans check out Jeremy Lin’s stats on his first 10 NBA starter games? He is even better than MJ’s stats on his first 10 starter NBA games. I don’t think MJ created any Jordanity fever in his first 2 month NBA season. Lin may not be as great as MJ in his future NBA seasons, but Lin is definitely worth high salary now for he is legit and profitable.

  • Bt

    “profitable”??? Last time I checked the championship trophy isn’t for sale to the highest bidder. It’s only available to the best team. The owners are all rich enough, they don’t need to put profits before winning.

  • crooklyn

    @mikewang is a fool. As for all the haters who talked crap about lebron and his choice, well at least he’s chasing a title. But i guess lin will get a pass for leaving his only real place of b ball success to chase that paper. Maybe if bron was chinese or taiwanese or anything other than black in america…

  • O

    I hate to see Lin go, but damn, we aint had to get rid of Jefferies too! He got abused by Knick fans and still loved playing here. He hustled night in and night out. I like Kurt Thomas, but I dont know how much he has left in the tank. Also, I read that the reason the Knicks are letting Lin go – aside from the cap space problem – is cause the Knicks are gonna try to make a run at Chris Paul. Not sure how that would work being that they have no money to throw at him, but that will be an interesting scenario this coming season…

  • JC

    Good move for Knicks, finally there’s a team that’s willing to overpay for mediocre talent. Bad news for Lin, he’ll fade into trivia in Houston. He could have made triple the $ in endorsements by playing in NY than he’ll sign for in Houston. Also won’t even make to the playoff’s – no real players on team yet. Plus missing out on being mentored by JKidd, how much is that worth???? Wish him well, would have been smarter to negotiate with Knicks directly instead of playing poker with his career

  • Aaron P

    Not a good move for New York to not match the offer sheet. Lin brought basketball hybe back to the City…He led the team to the Playoffs..His stats was all around, he stepped up and NYK profited from the kid..They said they would match it..do it New york!!…The fans will be highly upset about this if they let lin go..Lin was a good look.

  • http://www.newyorkshockexchange.com Shock Exchange

    In an interesting twist, NY Post says letting Lin go was a smart move if Knicks are going to pursue Chris Paul.

  • http://redoftoothandclaw.ca niQ

    It’s okay Knicks fans, at least you still have Pablo-sanity.

  • Wet

    Lin just has to play at a average level. Houston has a great asian following already, and he can have a good off court career there. I think he has a better chance to be a good player in Houston.

  • Billy Hoyle

    @mikewang…the only reason for linsanity was bcuz the guy is asian and no one expected a 6’4″ guy from Harvard to produce the way he did. Jordan already had a rep for the things he did at North Carolina so there was no need for the hype..he was already established and just picking things up along the way

  • Yesse

    I see alot of people look at this as a positive thing.

    I don’t. I think Knicks are a bunch of idiots making horrible moves all the time and they think they will get succesful with those moves. If they wanna get rid off Lin, that’s cool, he will just go somewhere else to succeed.

  • yaseen

    Well i think that was smart because with the players on the knicks Raymond will fit very well. As for Jeremy good luck trying to work the rockets back into the NBA, because lately the rockets have been horrible and maybe Jeremy can change that.Good luck Jeremy i hope your dream of being a superstar will come true in Huston.

  • Phil the thrill

    Felton is the answer, lmao! U salty, no basketball knowledge crappy fans. U lost the glue of the team(jeffries), u lost ur starting backcourt which averaged 23 years of age(lin, landry). U can have amare and melo, their all urs! And u replaced all this with 40 year olds! Lmao! Lol! Losers!

  • Phil the thrill

    Too bad Novak and Jr smith signed all ready. I’m sure they could be convinced to travel south. Shump too.

  • B.Plump

    What a chaos New York organization! Yeah, Felton played great for them, but Lin energized all the city. All the hype means also great sales of merchandising for the Knicks, especially in Asia. I think Lin deserves a full season to prove himself. I see the shadow of Melo in his departure. 10 mil/3 years is a great contract for Felton. Why not a tandem Felton-Lin? Who needs Jason Kidd? Remember that Knicks was the same team that give Jerome James a 5-year / $30 million contract.

  • http://www.slamonline.com Slick Ric

    Mike Wang needs to be banned from this site.

  • Phil the thrill

    Ha ha! Kidd arrested for dui! This is the mentor that was supposed to reach maturity to lin, lmao! Lin would reach him how to be a man! Loving it! Ur not even the best team in ur city, lol!

  • Mr Brooklin

    Bad move lin brings money and fans to the knicks he made us believe in them again

  • IndyB

    The Knicks don’t need financial help. They’ve still done better the past decade that a lot of the other teams in the league. They need to make smarter decisions on about the make up of the team. Letting him go was a smart move financially. Now let’s hope Felton’s fat azz gets in shape.

  • http://www.reverbnation.com/tray24 T-Ray

    Wow Mike Wang just wow

  • MeloMan15

    @crooklyn… OR you could say that Jeremy Lin is a dude that made minimum last year and is trying to get his first real shot at money. Bron got money before he chased a chip, Lin is still young tryna make a living.

  • http://Slamonline.com 1982

    Mike Wang, shouldn’t you be happy your Jordanesque pg now has his own team to prove himself? Jordan got them to the playoffs relatively shortly. Let’s see if your superstar does the same…

  • JL

    The real question is … Why did Portland make the trade? Felton was a FA. Gadzuric and Jeffries? Are they going to save money or get some picks? Strange

  • JML-G

    Mike Wong probably also thinks Yi Jianlin is the greatest PF ever to play in NBA and Wang Zhi Zhi is more skilled than Wilt or Shaq

  • JL

    Nvm… Just did some research and it seems like gadzurics contract is non guaranteed. Plus Knicks will give cash to help pay for Jeffries contract. They get this euro player whose name I can’t spell out of Greece and was a second round pick. Not bad not bad for Felton who was overweight and played well only in d’antoni system. Oh the irony

  • http://Slamonline.com nbk

    The vast majority of games Lin has played in are evidence that he is not worth anything close to this salary. But the third year was te reason new York won’t match. It puts them with just CA, AS, TC, JL at about $77M

  • http://www.slamonline.com Redd

    They can’t get CP3 and if they do then the lockout was pointless and the NBA is a joke.

  • MeloMan15

    @Redd… so the Knicks can’t get cp3 but the Lakers can add Nash and the Heat can add ray allen AND rashard Lewis to their already emmensly cheap teams

  • goatundaruffness

    If the 3rd year stops the Knicks from matching the Rockets offer sheet, they’re bigger morons thans I thought (which is bad being I’m a lifelong Knicks fan and witnessed the Isiah Thomas era first hand). It’s a 3 yr contract, if things weren’t working out by the 3rd yr all you would have to do is ship him and a draft pick off to a team with craptons of cap space that want the expiring contract, or amnesty him if it didn’t work out. Letting the 3rd yr of a 3 yr contract keep them from holding onto the most marketable player on a team with champions and superstars, and just about the only guy on the roster with upside, is dumber than paying Shandon Anderson and Howard Eisley all that money a decade or so ago.

  • http://www.slamonline.com Redd

    Nash is not CP3 as great as Nash is let’s not compare the 2, however Nash is still the upper crust and it’s ridiculous how it’s become the age of super teams. It takes the fun out and it destroys legacies, like it or not.

  • http://Slamonline.com nbk

    Super teams have always been around. Look at 1973, if you think this is bad. There was like 7 super teams and then nobody else. That’s the same year Philadeplphia went 9-73. Of the 17 teams in the league only 8 had record over .500, There was 4 teams with less than 30 wins, and 3 of those had less than 25 (w/ Philadelphia at 9). That year was the year of the super teams.

  • O

    On the low the Knicks put together a formidable team. No, they didn’t make that big Nash splash that the city wanted, but we got Kidd, Camby, and Felton (who I hope can reconnect with Stat the way he did when he was here)for relatively cheap. Surprisingly the only person they OVER paid for was Steve Novak. All things considered, we may not suck as bad as last year…

  • http://www.slamonline.com omphalos

    Draft picks for Camby’s old ass was indeed overpaying.

  • http://www.newyorkshockexchange.com Shock Exchange

    Like it or not, expansion has created superteams and also rans. I would not be surprised if a fews perennial losers fold due to fan disinterest.

  • http://slamonline BossTerry

    As a Blazer fan, I can honestly say, Felton was quite possibly the WORST starting pg last year… Happy trails, mate.. (sucks losing Thomas though)

  • http://www.slamonline.com/online/nba/2012/07/knicks-reportedly-unhappy-with-rockets-25-million-offer-to-jeremy-lin/ vantot fresnedee

    houston is an automatic contender once they get lin and dwight

  • http://Slamonline.com nbk

    Only Shock Exchange is dense enough to say super teams are the result of expansion. Especially considering the real era of super teams came long ago. As I just pointed out 4 comments ago.

  • http://Slamonline.com nbk

    Houston probably can’t get Dwight now. The trade assets they built up were contingent on them having the cap space to take back Hedo or Richardson. Now that’s not very likely

  • http://www.newyorkshockexchange.com Shock Exchange

    There goes my name again …

  • Lin4President

    The problem with the Knicks is not who they have on the team, nor the talent. The problem is getting the guys to gel together and play as a team. Regardless of numbers, Lin was a guy that helped bring the team together when he was on the floor.

    The Knicks just need to stop trying to make all these fantasy moves and keep a consistent group of players for more than one season before breaking up the team.

  • http://www.newyorkshockexchange.com Shock Exchange

    Lin4President You’ve figured out the Knicks’ agenda. They are always “three years away from a ‘chip.” When it’s time to actually deliver, they break up the team and extend their title run three more years. Meanwhile, fans keep coming back and the Knicks’ corporate parents keeps earnings flowing.

  • http://slamonline.com Chinese Oppenheimer

    Felton was cheap. Surprising

  • http://slam flight9

    GOod PICK UP FOR the KNICKS.. Hoping Carmelo won’t shoot 25-30 attempts per game though

  • http://www.nba.com Dacre

    The thing is that Jeremy Lin is a golden egg financially. This has to be recognised. Sure Lin would have brought attention to NYK once more but with someone like Houston getting him it will balance out league attention quite appropriately. NYK can get bvms on seats regardless of how ever their teams performing.

  • http://slamonline.com Datkid

    lmaoooo @ mike wang… bath salts are a hell of a drug

  • Sérgio

    mike wang’s post gave me cancer.