Damn
1) Lin went where he could get the biggest offer, and that was with Houston... I think he wanted New York to match, but all of this stuff that leaked out may have pissed off NYK management, and Lin probably isn't the last piece in a championship squad anyway, so why overpay...
2) That said, how is NYK going let go its most popular player in a year when the Brooklyn Nets are gonna be making some noise cross town? Knicks are gonna be over the cap anyway, pay Lin now and jack up ticket sales. Worry about that $15mn later
3) Houston will have no real flexibility with Lin, Asik, etc eating up cap space. They may have flip one of them sooner rather than later. I think NYK may have done this just to jam Houston for their tactics...