Report: Jeremy Lin's contract may be too costly for 76ers-Rockets trade
The Philadelphia 76ers are having second thoughts about trading for Houston Rockets guard Jeremy Lin because of his expensive contract, according to a report by CSNPhilly.com's Dei Lynam.
In an effort to create cap space for reported free agent target Chris Bosh, the Rockets are looking to deal Lin without bringing back any salary. The Rockets have reportedly offered Bosh a four-year, $88 million max contract, but first must trade Lin.
While the 76ers have the salary cap room to facilitate such a trade, they are questioning taking on Lin's $15 million expiring contract. Because of the nature of the contract, Lin's cap hit will remain at $8.4 million this coming season. Lynam's source described the 76ers' thinking:
However, an NBA source said the Sixers "remain an option [for Houston], but their cap space may prove too expensive." The source also said they believe the Rockets have other options when it comes to moving Lin.
The Rockets have already agreed to send center Omer Asik to the New Orleans Pelicans to open up more spending room.
Rockets restricted free agent Chandler Parsons agreed to a three-year, $45 million offer sheet with the Dallas Mavericks on Wednesday. If the Rockets intend to match Parsons' contract and sign Bosh, they will need to sign Bosh first.
Lin, 25, averaged 12.5 points and 4.1 assists per game last season. He became expendable when Patrick Beverley became Houston's starting point guard.
- Paul Palladino