Jeremy Lin & Houston Rockets Agree On $28.8 Million Offer Sheet

Update: Woj has the contract as “$5M in year one, $5.2M in year two and $9.3M in years three” and four. That equals $28.8 million if you were curious.

The Knicks were planning on matching any offer sheet Lin signs with another team, but since they just picked up Jason Kidd, I’m not sure why they need to now. For the Rockets, they kind of need the Knicks to let Lin go. Over the last few days they’ve traded and missed out on anyone who isn’t a swingman. A point guard could really help Daryl “Dork Elvis” Morey look like he knows what he’s doing again.

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