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Lin Awaits Knicks After Rockets’ Offer, N.Y. Daily News Says

July 14 (Bloomberg) -- Jeremy Lin is waiting for the New York Knicks to decide if they will match the $25.1 million offer from the Houston Rockets, the New York Daily News reported.

The Harvard University point guard yesterday signed the Rockets’ offer sheet that will pay him $25.1 million over three years in the National Basketball Association, including $14.9 million in the final year, the newspaper reported, without saying where it obtained the information.

The Knicks have three days from the time they receive the paperwork from the Rockets to match the offer. The Rockets altered their original deal, which was $28.8 million over four years with a $9.3 million team option in the final year, the Daily News said.

Lin became a scoring sensation for the Knicks in February, when he was moved from the bench to the starting line after being dumped by the Golden State Warriors and the Rockets.

To contact the reporter on this story: Nancy Kercheval in Washington at nkercheval@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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