Report: Knicks to cut ties with LinJul 17, 2012 - 10:31 PM 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).
No one has shouted yet.
Be the first!
Be the first!
- Pacers clamp down late, top Knicks to advance Sun
- Knicks once again fight for playoff lives against Pacers Sat
- Knicks down Pacers, avoid elimination May 17
- Knicks try to stave off elimination against Pacers May 16
- Pacers stifle Knicks again, take 3-1 series lead May 14
- Knicks' Shumpert cleared to go for Game 4 May 14
- Pacers seek stranglehold of series with Knicks May 14
- Hibbert helps Pacers down Knicks for 2-1 series lead May 12
- Knicks, Pacers head to Indiana for Game 3 May 11
- Anthony finds stroke, Knicks pull away to even series May 8
- Knicks' Novak active for Game 2 May 7
- Knicks try to even series with the Pacers May 7