The Rockets are shipping Jeremy Lin to the Lakers, according to Yahoo Sports, along with a first-round 2015 draft pick and other considerations. Most will see this news from a Chris Bosh perspective — Houston is obviously clearing cap space to sign him to a reportedly huge contract.
But I think the big news here in Lin. Remember Linsanity? Anyone?
Lin even had some shining moments in Houston, before the Rockets moved in other directions at point guard. Now with the Lakers, we could see, if not Linsanity 2.0, at least the resurgence of a talented and unique player.
The Rockets will send a 2015 first-round pick, and other draft considerations to the Lakers to unload the final year of Lin’s $14 million expiring contract that includes a salary cap hit of $8.3 million based on the deal’s structure.
The Lakers will send cash and the rights to an overseas player, sources said.
Moving Lin to Los Angeles will clear most of the salary cap space necessary to sign Bosh to a four-year, $80 million-plus contract. The Rockets are still working to formalize a commitment out of Bosh, who will leave Miami because of the departure of LeBron James to Cleveland. The Rockets also plan to match Chandler Parsons’ three-year, $46 million offer sheet with the Dallas Mavericks once Bosh has committed, sources told Yahoo Sports.
Bill Oram reports that Lin’s agent says his client is “thrilled” to be traded to the Lakers. Lin feels valued by the Lakers and is excited to play with Kobe Bryant.
So will Lin team with Carmelo Anthony again? The Lakers are still pursuing him. That should be interesting.
Now that LeBron is settled, things should begin escalating quickly around the league.
Kupchak has liked Jeremy Lin for a long time. Tried to claim him off waivers. Lin's family was led to expect Lakers to draft him in 2nd rnd.
— KEVIN DING (@KevinDing) July 11, 2014
With his and the team’s Asian following combined, Jeremy Lin will likely be an All-Star next season.
— Lakerholicz.com (@Lakerholicz) July 11, 2014