Taiwanese-American NBA star Jeremy Lin (林書豪) has been traded to the Los Angeles Lakers, ESPN reported on Friday.
The Houston Rockets have traded the guard and a first-round pick to the Lakers, the US-based global cable and satellite television channel quoted an NBA source as saying.
Rumors about Lin leaving Houston had increased in recent weeks as his contract with the Rockets was set to enter its third and final year.
Photo: CNA
The Lakers were amenable to the deal partly because Lin, 25, is only under contract for one more season, thus preserving their salary cap space next summer, the ESPN report said.
In July 2012, Lin signed a three-year deal with the Rockets worth just over US$25 million — US$5 million in the first year, US$5.225 million in the second and US$14.8 million in the third, which covers the 2014-2015 NBA season.
Taiwanese sports analyst Li Yun-hsiang (李雲翔) said yesterday that Lin joining the Lakers would likely give him more playing time than with the Rockets.
It is likely that the 25-year-old will be placed on the Lakers’ starting roster, given that Steve Nash, 40, is getting old and struggling with injuries, Li said.
He said Lin’s production with the Rockets was low mainly due to head coach Kevin McHale’s decision to limit Lin’s court time.
“Jeremy Lin’s performance has not been bad. He just needs more playing time,” Li said.
Meanwhile, news of Lin’s transfer to the Lakers sparked heated discussion among Taiwanese netizens, with many appearing happy to hear about his departure from the Rockets.
Many fans posted on the Professional Technology Temple (PTT) site, the nation’s largest electronic bulletin board, that they were “popping the champagne,” while “congratulating Lin on escaping from the fiery pit.”
Others said they were so excited about the news that they could not sleep.
Many said they disagreed with the Rockets’ decision to limit Lin’s court time and make him a backup point guard, adding that they hoped to see a more active role for Lin with the Los Angeles-based team.
As Lin has to return to the US to sign with his new team, Lin’s plans to visit Shanghai yesterday were canceled.
Lin arrived in Beijing on Monday for promotional events with Adidas and was expected to make stops in Shanghai, Wuhan and Guangzhou.
Adidas said Lin would make the trip to Shanghai after he signed the deal with the Lakers, as regulations demanded his signature on the documents finalizing the deal within 48 hours.
The public relations company handling Lin’s Shanghai trip said the player would resume his trip tomorrow.
Due to the schedule reshuffle, Lin’s planned trip to Taiwan has been pushed back by one day. He is scheduled to arrive on Thursday.
Taiwan is projected to lose a working-age population of about 6.67 million people in two waves of retirement in the coming years, as the nation confronts accelerating demographic decline and a shortage of younger workers to take their place, the Ministry of the Interior said. Taiwan experienced its largest baby boom between 1958 and 1966, when the population grew by 3.78 million, followed by a second surge of 2.89 million between 1976 and 1982, ministry data showed. In 2023, the first of those baby boom generations — those born in the late 1950s and early 1960s — began to enter retirement, triggering
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
The National Development Council (NDC) yesterday unveiled details of new regulations that ease restrictions on foreigners working or living in Taiwan, as part of a bid to attract skilled workers from abroad. The regulations, which could go into effect in the first quarter of next year, stem from amendments to the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) passed by lawmakers on Aug. 29. Students categorized as “overseas compatriots” would be allowed to stay and work in Taiwan in the two years after their graduation without obtaining additional permits, doing away with the evaluation process that is currently required,
RELEASED: Ko emerged from a courthouse before about 700 supporters, describing his year in custody as a period of ‘suffering’ and vowed to ‘not surrender’ Former Taiwan People’s Party (TPP) chairman Ko Wen-je (柯文哲) was released on NT$70 million (US$2.29 million) bail yesterday, bringing an end to his year-long incommunicado detention as he awaits trial on corruption charges. Under the conditions set by the Taipei District Court on Friday, Ko must remain at a registered address, wear a GPS-enabled ankle monitor and is prohibited from leaving the country. He is also barred from contacting codefendants or witnesses. After Ko’s wife, Peggy Chen (陳佩琪), posted bail, Ko was transported from the Taipei Detention Center to the Taipei District Court at 12:20pm, where he was fitted with the tracking