New York, NY (Sports Network) - It's looking likely the New York Knicks and
Jeremy Lin will part ways
The team is set to cut ties with Lin on Tuesday night, according to The New
York Times, leaving the guard free to sign with the Houston Rockets.
The Rockets signed Lin to a three-year, $25.1 million offer sheet earlier this
month that the Knicks have declined to match, the Times said.
The Knicks, of course, were rallied out of a mid-season funk by Lin's sudden
emergence from a reserve to a reliable scorer and passer, gaining the point
guard a vocal following and giving rise to the "Linsanity" phenomenon.
Lin, 23, had left knee surgery in April to fix a small meniscus tear, missing
the last month of the regular season and New York's only playoff series.
He averaged 14.6 points, 6.2 assists and 3.1 rebounds in 35 games for the
Knicks last season, including 25 starts.
The Times said it was possible, though unlikely, the Knicks could change their
minds about Lin.
The paper, citing persons with knowledge of the situation, said the decision
was considered final as of 4 p.m. (ET).
The Sports Network