Jeremy Lin is leaving New York and taking Linsanity to Houston. The New York Knicks announced Tuesday night that they will not match the Houston Rockets’ three-year, $25 million offer for Lin, a restricted free-agent.
New York officially had until 11:59 EDT to decide whether to re-sign Lin, who became an international phenomenon in the media glare of the Big Apple.
Rockets general manager Daryl Morey celebrated the acquisition on Twitter:
“Welcome to Houston @JLin7. We plan to hang on this time. You will love #RedNation.”