July 17th, 2012
11:13 PM ET

Rockets sign Lin as Knicks decline to match

[Updated at 2:10 a.m. ET Wednesday] Seven months after dropping him from their team, the Houston Rockets signed Jeremy Lin when the New York Knicks failed to match Houston's three-year, $25-million offer for the point guard.

"We are thrilled to have Jeremy back as part of the Rockets family," Rockets owner Leslie Alexander said in a statement Tuesday night. "In his limited opportunity last season, Jeremy showed that he has all the skills to be a great player in this league for many years to come."

The Harvard-educated basketball phenom captured worldwide attention by leading the Knicks to a string of victories last year.

Jonathan Supranowitz, the Knicks' vice president of public relations, announced Tuesday night that the Knicks would not match Houston's offer.

FULL STORY
Post by:
Filed under: Basketball • NBA • New York • Sports • Texas
soundoff (2 Responses)
  1. Jeff Frank (R-Ohio) "Right Wing Insanity"

    Unemployment is high.

    July 18, 2012 at 12:32 am | Report abuse | Reply
  2. francois2012

    Give him minimum wage, and use those millions to feed the starving children of America.

    July 18, 2012 at 3:20 am | Report abuse | Reply

Post a comment


 

CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.