Report: Lakers finalizing trade for Rockets’ Jeremy Lin

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Update: Adrian Wojnarowski of Yahoo Sports:

 

The Rockets are desperately trying to clear cap space to offer Chris Bosh a near-max – not max – contract.

That definitely requires trading Omer Asik, who can’t be dumped to the Pelicans as easily as once thought, and Jeremy Lin.

A commonly advocated Lin destination, the 76ers, might not take him.

How about another team with cap space?

Marc Stein of ESPN:

Lin’s contract expires after this season, so Lin wouldn’t interfere with the Lakers’ 2015 cap space. Surely, they’d pick up extra assets – young players and/or draft picks – for receiving Lin’s burdensome contract.

They’d also draw plenty of fans. Lin’s production has faded since Linsansity, but his star power, also somewhat diminished, has held up better. After a terrible season and on possibly on their way to another, the Lakers need a way to sell tickets.

The Lakers taking Lin would likely signal they’re out of the Carmelo Anthony race, though maybe creative cap management could allow them to get both.