Jeremy Lin Signs Revised Offersheet With Rockets, Trying to Persuade Knicks Not to Match

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It is pretty clear Jeremy Lin wants out of New York.

This is why he and the Rockets revised his offer sheet to make it even more difficult for the Knicks to match, but it doesn’t appear it is going to matter.

Jeremy Lin has signed a three-year offer sheet with the Houston Rockets, according to a source close to the talks. The deal is worth a little more than $25 million — $5 million in the first year, $5.225 million in the second year and $14.8 million in the third year. The Knicks have three days to match the Rockets’ offer.

It’s not clear, however, if the new deal changes that thinking since the third year of the current deal carries an even bigger cap hit.

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