The New York Knicks are not planning to match Houston’s offer for Jeremy Lin, according to a published report.
The New York Times, citing an unidentified source, says deliberations are over for the Knicks and they have elected not to equal the Rockets’ three-year, $25 million offer sheet, signed by Lin last Friday.
New York officially has until 11:59 to decide whether to re-sign Lin, a restricted free agent, and the Times cautioned there is an “incredibly small” chance the decision could be reversed.
Team officials would not confirm that any decision was final. Lin’s agent did not immediately respond to messages left by the Associated Press.
Lin catapulted to international stardom in February, when he joined the Knicks’ lineup and averaged 21 points and 8.4 assists.
Nets to re-sign Humphries
The Brooklyn Nets continued their offseason barrage of signings Tuesday, agreeing to a new, two-year deal with power forward Kris Humphries.
Humphries, 27, averaged 13.8 points and 11.0 rebounds for the Nets last season, and has averaged a double-double in back-to-back seasons: 2010-11 and 2011-12. Last season’s effort came on a one-year deal and for a bad team. Then still in New Jersey, the Nets went 22-44.
But Humphries, who will make $24 million over the life of the contract, will now be part of a new-look group in Brooklyn that includes guards Deron Williams and Joe Johnson, center Brook Lopez, and forward Gerald Wallace, who all either decided to re-sign with the Nets this month, or in the case of Johnson, accept a trade from Atlanta to Brooklyn.
“Kris has been a very consistent player for us over the past two years,” Nets General Manager Billy King said. “He has developed into one of the top rebounding forwards in the league, and we are very pleased to welcome him back.”
The Nets also this month added some depth, signing veteran swingman Jerry Stackhouse to a one-year, $1.4 million deal, and forward Mirza Teletovic to a three-year, $9.8 million contract. They also acquired forward Reggie Evans in a deal with the Los Angeles Clippers, and signed backup point guard C.J. Watson.
The Nets have missed the playoffs the past five seasons, the last two as temporary tenants at the Prudential Center in Newark while the move to Brooklyn was finalized.
Wizards release Blatche
The Washington Wizards waived troubled forward Andray Blatche, designating him as the team’s amnesty player.
Blatche, 25, averaged 9.9 points and 5.4 rebounds over seven seasons.
He was drafted in the second round in 2005 and had a series of on- and off-court incidents that kept him from reaching stardom.
The Wizards removed the $23 million remaining on his contract from their salary cap. Wizards President Ernie Grunfeld said waiving Blatche will give the team “financial flexibility.”
Last season, Blatche played in just 26 games, averaging 8.5 points.
He was banished from the team in March by coach Randy Wittman to work on his conditioning. Earlier in the season, Blatche missed time with a calf injury.
Suns surprise Scola
Luis Scola wasn’t particularly surprised when the Houston Rockets designated him as their amnesty player. He already knew they were going to go in a different direction.
What did catch him off-guard was the team that had the winning bid.
While numerous teams were interested in Scola, the Phoenix Suns came from seemingly nowhere and snatched up the rugged forward, adding to their increasingly crowded frontcourt.
“I kind of knew I was going to be playing somewhere else,” Scola said during a conference call Tuesday. “And when I found out it was Phoenix, I was a little surprised because there was a lot of talking with a lot of other teams. I didn’t really expect anything from Phoenix and when they called me, I was a little bit surprised.”
Scola was a steady player in five seasons with the Rockets, providing them with solid scoring, good rebounding and plenty of scrappiness.
The 6-foot-9 forward averaged 15.5 points and 6.4 rebounds last season.