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New York Knicks Hanging On to Jeremy Lin. Signs 4 year, $28.8M

It’s official, the New York Knicks matched the offer sheet that the Houston Rockets offered Jeremy Lin a couple of weeks ago, amounting to a $28 million contract over 4 years.

This news came a couple of days after coach Mike Woodson confirmed in a press conference that the Taiwanese-American Lin will be back in Madison Garden as the team’s point guard.

The Knicks just signed Jason Kidd recently to mentor and play with Lin, however, at this point, it’s unclear yet whether it’s Lin or Kidd that’ll play the starting role, but Kidd has mentioned he’ll embrace the back-up role and as a mentor. While we can speculate that Lin will probably play 30 minutes a game or so, Kidd will be instrumental in guiding and mentoring the young point guard.

β€œTo have a chance to mentor a very good player in Jeremy and be able to share my secrets with him is exciting,”

We hope Lin doesn’t remember this incident, though.

The Knicks have also signed Marcus Camby to back-up Tyson Chandler, giving them more interior defensive presence than before while re-signing J.R. Smith along the way.