Modell's planning to put a hex on Jeremy Lin if he departs NY....
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Bloomberg) No one will be more disappointed if the New York Knicks dont match Houstons contract offer to Jeremy Lin than Mitchell Modell, whose namesake sporting-goods retailer will have to sharply discount its 40,000 Lin team- related items in stock.
Were going to have crazy, crazy prices -- like $5, Modell said in a telephone interview. T-shirts list for $24.99 on Modells website, with jerseys going for as much as $89.99.
The Knicks have until 11:59 p.m. New York time tomorrow to decide whether theyll match the three-year, $25 million contract offered to Lin, whose apparel is the top-selling among National Basketball Association players this year, according to Fanatics Inc., an online retailer based in Jacksonville, Florida.
Merchandise related to Lin, a Harvard University graduate who is the first Taiwanese- or Chinese-American to play in the NBA, has outsold Most Valuable Player LeBron James of the Miami Heat by more than 50 percent, Anne Lacey Whitaker, a Fanatics spokeswoman, said via e-mail. ..............(more)
The complete piece is at:
http://www.bloomberg.com/news/2012-07-16/jeremy-lin-exit-would-leave-retailers-with-worthless-merchandise.html