Veteran NBA point guard Jeremy Lin is reportedly heading to a new NBA team for the second half of the season. The Atlanta Hawks are reportedly working on a contract buyout with the former Harvard guard.
Lin, 30, is reportedly finalizing a buyout with the Hawks. He’ll then head to an Eastern Conference contender.
The Toronto Raptors are reportedly primed to sign Lin once he’s free from the Hawks.
ESPN NBA insider Adrian Wojnarowski has the details.
ESPN story on Jeremy Lin completing his Atlanta buyout, poised to join Toronto. https://t.co/vE7hjjYsKK
— Adrian Wojnarowski (@wojespn) February 11, 2019
From his report:
Atlanta Hawks guard Jeremy Lin is finalizing a contract buyout, clearing the way for him to sign with the Toronto Raptors once he clears waivers, his agents tell ESPN.
Agents Jim Tanner and Roger Montgomery were expected to complete the buyout with the Hawks as soon as Monday, they said, and Lin could sign with the Raptors as soon as mid-week.
Lin’s salary — $12.5 million for the 2018-19 season – makes it impossible for a team to claim him off waivers.
Lin has averaged 10.7 points, 3.5 assists and 2.3 rebounds. He should be a solid contributor off the bench for a Raptors team that is hoping to win the Eastern Conference.
The point guard is one of several veteran NBA players expected to hit the buyout market in the second half of the season.
Several NBA playoff contenders will be hoping to add contributors to their teams via the buyout market.