Jeremy Lin took over the sports world, in a time period called "Linsanity." The Harvard graduate came out of no where and took the league by storm. Lin single-handedly revitalized the Knicks and won over the hearts of millions of fans. However, Lin will no longer be playing under the bright lights of Madison Square Garden, "Linsanity" will not be returning to New York City.
According to the New York Times, the Knicks will not match the Houston Rockets' offer sheet for Jeremy Lin. The Knicks have until 11:59 p.m. EST Tuesday to match the sheet, but according to sources, that will not happen.
The Knicks plan to cut ties with Jeremy Lin on Tuesday night, according to a person briefed on the decision, ending a brief, spectacular and now bittersweet love affair between the 23-year-old point guard and his adoring fan base. Lin will play next season for the Houston Rockets, who signed him to a three-year, $25.1 million offer sheet that the Knicks have elected not to match.
New York has three point guards on their roster with Raymond Felton, Jason Kidd and Pablo Prigioni, leaving little room for Lin. The Knicks could have made millions off adding a fourth point guard in Lin, but they could not afford his large salary.
Houston, prepare for the extravaganza about to come your way.