OILFIELDTRASH
Lifer
I agree, but the Knicks didn't because he isn't worth that much cash.
Marketing and fan appeal Lin has aside, the Knicks need a championship. It's been near 30 years since the last one. That's the #1 goal. I've been to MSG many times and I've been to Knick games. Believe me, they don't need a Jeremy Lin to sell tickets. You've also got Carmelo and Stoudemire, and Lin, while he's a decent player, doesn't mesh with the team they have. The Knicks could afford paying him that much, luxury tax or not. They've got billions and an owner with billions so the money, while it was part of the problem, wasn't the only reason they let him walk. They genuinely believed they could be a better team without him and he wasn't worth that much money when they can spend it elsewhere. Considering how he played with Carmelo in the lineup (who's not going anywhere) and how his numbers took a nosedive, mainly his poor assist-to-TO ratio, means that you need a better pure PG like a Rondo rather than a scorer like Lin.
The Knicks are idiots, flat out. Quit talking about championships. With or without Lin it ain't happening. What they did do though is totally lose tons of cash and they lost a much better point guard than anything currently on the team. Now instead of the whole world wanting to watch primetime big money making games of the knicks featuring Lin and Melo-drama and that whole fiasco, the knicks are right back at the boring mediocre team they've been for the last decade that no one cares to watch.
So they lost out on tons of revenue and lost a better player than Jason "I should retire" Kidd and fat Felton.
I also didn't mention they are in salary cap hell anyways so they aren't making any significant moves regardless.