Hot Button: Jeremy Lin or Steve Nash?

News out of New York is that the NBA players’ union is seeking Early Bird Rights for Jeremy Lin and Steve Novak, which would enable the Knicks to still use their $5 million mid-level exception on another player — perhaps Steve Nash.

But a verdict won’t come for at least a couple of weeks. As of now, the Knicks will enter free agency starting July 1 with a full mid-level exception to use for either Lin or Nash. Most likely that will be Lin, especially because Nash may demand more than $5 million per year.

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