Mar 6, 2012; Dallas, TX, USA; New York Knicks guard Jeremy Lin (17) shoots prior to the game against the Dallas Mavericks at American Airlines Center. Mandatory Credit: Matthew Emmons-US PRESSWIRE

2012 NBA Free Agency: Jeremy Lin Officially Joins Houston Rockets

The New York Knicks officially let Jeremy Lin head to the Houston Rockets, it was announced on Tuesday.

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Jeremy Lin Will Join Houston Rockets, New York Knicks Pull Out Of Deliberations

Jeremy Lin is coming to Houston. The New York Knicks have officially dropped out of contract deliberations with the Harvard graduate, according to a post by New York Times writer Howard Beck.

The third year of the offer sheet that Lin signed, worth $14.8 million, is the likely reason why the Knicks were unwilling to match the Rockets' offer. That amount would have had the Knicks likely subject to the luxury tax.

Lin played 35 games last season with the Knicks, starting 25. In that time, he averaged 14.6 points per game with 6.2 assists per game and a shooting percentage of 44.6%. He also averaged 3.6 turnovers per game, so he is going to have to limit those in order to become a great point guard.

Read more on the Rockets at The Dream Shake blog at SB Nation Houston. Our NBA hub page all the news and analysis around the league you need. Also, be sure to subscribe to this Youtube Channel for video commentary.

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