Lin signs offer sheet with Rockets

jeremy lin houston rockets contract 2012 nba free agency

HOUSTON (AP) - A person with direct knowledge of the move says Knicks guard Jeremy Lin has signed an offer sheet with the Houston Rockets.

The person spoke to The Associated Press on Friday night on condition of anonymity because the move was not announced.

Another person familiar with the negotiations says it's a three-year deal worth about $25 million. The person, who spoke on condition of anonymity because the terms had not been announced, says the third year is worth about $15 million.

View 2012-13 NBA Finals Futures Odds

Lin is a restricted free agent and New York is expected to match Houston's offer within the required three days.

Lin was briefly in Rockets training camp before the season began. Houston waived him because they had already had Kyle Lowry and Goran Dragic on their roster.

Earlier Friday, the Rockets waived Luis Scola via the amnesty clause.

Want More From TheSpread.com? Follow us on Twitterand Facebook or Subscribe to Our News Feeds!

NBA Headlines

  • DALLAS (AP) The Dallas Mavericks have signed free-agent center Jeff Withey, who spent the past two seasons with the Utah Jazz.
    The 7-foot Withey averaged 2.9 points and 2.4 rebounds in 51 gam...
  • MIAMI (AP) The Miami Heat have signed forward Jordan Mickey to a contract that will pay him about $1.5 million this season.
    Mickey spent parts of the last two seasons with the Boston Celtics,...
  • ATHENS, Greece (AP) Greece's basketball federation accused the Milwaukee Bucks and the NBA of hatching a plan to prevent Giannis Antetokounmpo on Saturday from playing in the European championship...
  • ATHENS, Greece (AP) Milwaukee Bucks star and Greece international basketballer Giannis Antetokounmpo says he will miss the Eurobasket because of a knee injury.
    In a Facebook post on Saturday,...
  • BOSTON (AP) The Boston Celtics will retire Paul Pierce's No. 34 during their Feb. 11 game against the Cleveland Cavaliers.
    The longtime Celtics forward will be the 22nd player so honored - th...

NBA Top Stories

Thumbnail NBA MVP Odds The 2017-18 NBA Season is still a ways away, but the odds to be the MVP next season are out. Here is a look at the latest numbers.
Thumbnail Will the Warriors get 67 wins? Will the Golden State Warriors manage to have the...

NBA Team Pages