The Heroes they would Jeremy Lin under contract before 11pm East today, but it may be difficult to get the papers in time, tweets Mark Stein of The New York Times.
Lin and the team have reached an agreement, but are awaiting a FIBA Eviction Letter from China. That kind of document can be hard to come by on a weekend because international offices are closed, Stein adds.
Golden State was hoping to sign and release Lin before tonight’s release date so they can make sure he has the G League rights (Twitter connection). However, the transaction cannot be completed without the letter from FIBA.
The cost of waiting an extra day or two could be huge as the team is in the luxury, Stein notes. If the Warriors put the move forward Sunday instead of today, it would cost more $ 74,925 in tax penalties. Waiting until Monday would mean an additional $ 127,650 (Twitter link).
Lin, 32, has recently worked out in California with the G League Ignite, NBAGL’s select team of top chances and NBA veterans.