The Knicks are so stupid ... retarded ownership overpays for so many over the hill players and when a GOOD deal is staring them straight in the face they walk away ... Jeremy Lin, yes the Offer-Sheet was ridiculous, $25million for 3 years, BUT... Madison Square Garden Stocks plummeted $27m in a matter of DAYS when Wall Street found out Lin was taking his talents to Texas ...
They might end up paying around $40m in taxes, but imagine if Lin plays GOOD for the whole season, not only would they have NOT lost $27m in revenue, but possibly gained even more. That's not evne factoring all the merchandise sales and promotional value!