HOUSTON (AP) – A person with direct knowledge of the move says Jeremy Lin has signed an offer sheet with the Houston Rockets.
The person spoke to The Associated Press on Friday on condition of anonymity because the move was not announced.
Lin is a restricted free agent and the New York Knicks are expected to match Houston’s offer within the required three days.
Another person familiar with the negotiations says it’s a three-year deal worth about $25 million.
The person, who spoke on condition of anonymity because the terms had not been announced, says the third year is worth about $15 million.
Lin was brieﬂy in Rockets training camp before last season began but was dumped by Houston and wound up in New York.