Jeremy Lin, the Charlotte Hornets guard, will opt out of his contract and warrant a lucrative contract this offseason, per league insiders.
Last month, Lin confirmed that he would decline his player option worth $2.42 million for the 2016-17 season, so he can join the free agent market in July. Since Hornets don’t own his Bird Rights, they would have to essentially use their cap room to sign the point guard to a fresh contract.
Bobby Marks of the Vertical has ranked Lin as the fourth most prized PG in the forthcoming free agency period. “One of the top point guards coming off the bench this season. Lin has found a nice role with coach Steve Clifford. Player option with non-Bird rights means Charlotte will have a hard time affording him,” wrote Marks, ranking only Mike Conley, Rajon Rondo and Deron Williams ahead of the former Harvard standout.
Jeremy Lin gets his redemption…
After a forgettable one-and-done season with the Los Angeles Lakers, Lin’s market value had significantly dropped during the previous season.
According to NBC Sports, “some teams wouldn’t even offer a minimum contract. Lin couldn’t believe how far he’d fallen.” But Lin found a suitable home in Charlotte and has redeemed himself and his career with a spectacular season, averaging 11.7 points, 3 assists, 3.2 rebounds, besides becoming a trustworthy perimeter defender. |Watch Jeremy Lin’s 2015-16 Season Highlights Above|
Lin has hinted that he’d like to stay back with Charlotte. And why shouldn’t he? This has been his best season since the Linsanity year in New York. “Charlotte came out of nowhere. Had I known it was going to go down the way it went down, I would’ve definitely planned things a little differently,” said Lin, who signed a two-year contract worth 4.3 million with a player option.
With the new TV money kicking in, many teams will be armed with enough cap space to sign Lin to a lucrative contract this offseason. Hornets coach Steve Clifford would love to bring Lin back. At some stage, Lin must have gotten tired bouncing around teams. He’s played for five different teams since debuting with the Golden State Warriors in 2011.
And seeing how well Jeremy Lin has fared in Charlotte, it’s possible that both parties agree to a longterm extension which would give the point guard a well-deserved permanent home.