HOUSTON (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.
