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Knicks Not Going To Match Rockets Offer For Jeremy Lin, According To A Report

The New York Knicks have been saying all along that they were going to bring back guard Jeremy Lin, and Knicks head coach Mike Woodson said last Wednesday that Lin would be his starting point guard. Things have changed since Wednesday, and even more so Saturday night as the Knicks acquired guard Raymond Felton from the Portland Trail Blazers in a sign-and-trade deal.

That move made it less likely the Knicks would match the Rockets offer, but now there is a team source that told ESPN New York's Ian Begley that the Knicks are not going to keep Lin:

... the third year of the Rockets' offer -- worth $14.8 million -- makes it unlikely the Knicks would match. If the Knicks were to match the offer, they would also be subject to a luxury tax in the third year, bringing their total out-of-pocket cost for Lin to approximately $30 million in 2014-2015.

The Knicks fans are definitely not taking this well as there is an online petition demanding that management match the Rockets offers.

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