Retailers Forced to Discount Lin’s Merchandise

July 18 (Bloomberg) –- Melvin Chicas, an assistant manager at Modell’s Sporting Goods store in New York's Times Square, talks about the impact of the New York Knicks’ decision not to re-sign Jeremy Lin on merchandise sales. The Knicks didn’t match the Houston Rockets’ three-year, $25 million offer to Lin, a Harvard University graduate and the first Chinese-or Taiwanese-American to play in the National Basketball Association. (Source: Bloomberg)