NBA free agency: Jeremy Lin’s value is $12-14 million annually

Apr 6, 2016; New York, NY, USA; New York Knicks shooting guard Langston Galloway (2) and Charlotte Hornets point guard Jeremy Lin (7) chase a loose ball during the fourth quarter at Madison Square Garden. Mandatory Credit: Brad Penner-USA TODAY Sports
Apr 6, 2016; New York, NY, USA; New York Knicks shooting guard Langston Galloway (2) and Charlotte Hornets point guard Jeremy Lin (7) chase a loose ball during the fourth quarter at Madison Square Garden. Mandatory Credit: Brad Penner-USA TODAY Sports /
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Free agent point guard Jeremy Lin is set to make somewhere between $12 million and $14 million on the open market as a fringe starting point guard.

According to Adrian Wojnarowski of The Vertical of Yahoo Sports!, free agent point guard “Jeremy Lin’s market is in $12 million-$14 million range.”

Lin is coming off his best NBA season in 2015-16 with the Charlotte Hornets since bursting onto the national scene as the beloved point guard of the 2011-12 New York Knicks, where he once had a stranglehold on the Madison Square Garden faithful during that famous two-week stretch known as Linsanity.

Lin did a fine job backing up Charlotte starting point guard Kemba Walker in 2015-16, as the Hornets made the Eastern Conference Playoffs and took the Miami Heat to seven games in their first round playoff series.

While Lin is one of the better point guards available on the open market, this isn’t a particularly deep free agent point guard class, and that $12 million to $14 million pay range that he’ll command just might have priced him out of Charlotte in 2016 NBA free agency.

Charlotte has five key players hitting free agency this summer including Lin, wing Courtney Lee and highly coveted small forward Nicolas Batum. Batum remains a top priority for the Hornets this offseason, and Charlotte might be only able to re-sign three of their five players hitting free agency.

If Lin is going to get somewhere between $12 million and $14 million on the open market on his new deal, it probably won’t be with the 2016-17 Hornets. Lin could look for both a larger contract than what he had with the Hornets last year or maybe another opportunity to start at the point for another team.

For more NBA free agency news, please check out our NBA free agency category page.