Jeremy Lin Given 4 Year Deal By Houston Rockets July 06, 2012 17:21

The Associated Press are reporting that Jeremy Lin, of the New York Knicks, and the Houston Rockets have come to an agreement that would give Lin $31 million in a four year deal, with the last year being a team option.

Lin will be able to sign the offer on 11th July. The Knicks will have three days to either match that offer or reject it.

Before offering Lin a contract, the Rockets traded away starting point guard, Kyle Lowry, to the Toronto Raptors, and reserve point guard, Goran Dragic, to the Phoenix Suns.

Lin averaged 14.6 points, 6.2 assists and 3.1 rebounds for the Knicks last season, before he sustained a knee injury that caused him to miss the remainder of the season.

Lin earned a place in the starting five with the Knicks halfway through last season, where he pulled off a record breaking stretch of games, scoring 20 points in nine of the first ten games for New York. That isn't bad for a player that went undrafted. 

During that magical 10 game span, which the media called 'Linsanity', Lin managed to score 38 points and dish out 7 assists against the Lakers, in a 92-85 victory.