Sports Shorts | July 6, 2012 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

Sports - July 6, 2012

Sports Shorts

LIN TO CASH IN . . . Whether he's playing for the NBA's Houston Rockets or New York Knicks next season, Palo Alto's Jeremy Lin is going to be a rich man. Linsanity, indeed. According to a report in the New York Post, the Rockets are planning to offer Lin a backloaded deal worth nearly $30 million. The 2006 Palo Alto High grad could make as much as $10 million per year in his third and fourth seasons. According to ESPN, the Knicks can offer Lin a four-year deal worth $24.5 million. Lin averaged 14.6 points and 6.2 assists per game for New York last season in 35 games, including 25 starts, before being sidelined with torn knee cartilage. He is now a restricted free agent, which means New York can match any offers for him. Deals, however, can't be signed until July 11. The Rockets waived Lin last December and he was claimed by the Knicks, who were saddled with injuries. Lin turned into a breakout star when he landed the starting point guard job. Now, Goran Dragic is not expected to return to the Rockets and thus the push for Lin. The Associated Press was told on Tuesday that the Rockets were planning to offer Lin a multiyear contract. The Knicks have said they intend to keep him. New York reportedly had plans to go after the Sun's Steve Nash, who on Wednesday signed a three-year, $27 million deal with the Lakers. Lin, an undrafted 6-foot-3 guard out of Harvard and the NBA's first American-born player of Chinese or Taiwanese decent, evidently would fit nicely in Houston as the Rockets remain popular in Asia even after former center Yao Ming's retirement. In addition to Lin, the Knicks may have to match another offer to eep their starting backcourt intact. Former Stanford standout Landry Fields has an offer sheet from the Toronto Raptors for a reported $20 million over three years.

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