Linsanity moves to Houston

Houston Rockets General Manager Daryl Morey announced yesterday that the team has signed guard Jeremy Lin after the New York Knicks chose not to match Houston’s offer sheet for the restricted free agent. Under the terms of the NBA’s Collective Bargaining Agreement, the Knicks had three days to match the offer from the Rockets.

“We are thrilled to have Jeremy back as part of the Rockets family,” said Rockets Owner Leslie Alexander. “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. In addition to being a great passer, he is also exceptional at driving to the rim and finishing plays. He also showed a poise well beyond his years by making winning plays at the end of numerous games last season. Jeremy is a winner on and off the court and we view him as an important part of our plan to build a championship contender.”