SUBSCRIBE to Next Media Animation: http://www.youtube.com/subscription_center?add_user=NMAWorldEdition<br /><br />Jeremy Lin may say bye-bye to the New York Knicks if they don't match the Houston Rockets' three-year $25 million dollar offer. <br /><br />Facebook: http://www.facebook.com/NMAtv<br />Webpage: http://www.nma.tv/<br />Twitter @nmatv: https://twitter.com/#!/nmatv<br />Tumblr: http://nmatv.tumblr.com/<br /><br />The New York Knicks have until Tuesday night to match the offer, including the final-year $14.8 million dollar balloon payment, proposed by the Rockets. Many are speculating that the Knicks will pass on this offer.<br /><br />The 23-year-old point guard exploded in popularity last year, but is he worth $25 million? One thing to consider is New York's luxury tax which puts a $70.3 million cap on the payroll. <br /><br />Every dollar over that amount must go back to the state in taxes. If Lin stays on the New York Knicks, the team would have to pay around $30 million in luxury tax after taking the other players' salaries into consideration. <br /><br />Besides the fact that Lin basically revived the New York Knicks, he shows huge amounts of potential. Are the New York Knicks making a huge mistake by potentially passing on this bright star?
