Wednesday, July 18, 2012

Report: Lin headed to Houston

FILE - This Feb. 24, 2012 file photo shows New York Knicks' Jeremy Lin laughing during warmups before the start of the NBA All-Star Rising Stars Challenge basketball game in Orlando, Fla. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston. (AP Photo/Chris O'Meara, File)

FILE - This Feb. 24, 2012 file photo shows New York Knicks' Jeremy Lin laughing during warmups before the start of the NBA All-Star Rising Stars Challenge basketball game in Orlando, Fla. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston. (AP Photo/Chris O'Meara, File)

FILE - In this March 7, 2012 file photo, New York Knicks' Jeremy Lin, left, shoots over San Antonio Spurs' Tim Duncan during the first half of an NBA basketball game, in San Antonio. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston. (AP Photo/Darren Abate, File)

FILE - This Dec. 15, 2011 file photo shows Houston Rockets' Jeremy Lin during the teams NBA basketball media day in Houston. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston. (AP Photo/David J. Phillip, File)

(AP) ? The New York Knicks are not planning to match Houston's offer for Jeremy Lin, according to a published report.

The New York Times, citing an unidentified source, says deliberations are over for the Knicks and they have elected not to equal the Rockets' three-year, $25 million offer sheet, signed by Lin last Friday. New York officially has until 11:59 EDT to decide whether to re-sign Lin, a restricted free agent, and The Times cautioned there is an "incredibly small" chance the decision could be reversed.

Team officials would not confirm that any decision was final. Lin's agent did not immediately respond to messages left by The Associated Press.

Lin catapulted to international stardom last February, when he joined the Knicks' lineup and averaged 21 points and 8.4 assists.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-07-17-Jeremy%20Lin/id-608441d60b5c42af9238e7fadfbc1b7f

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