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Saturday, July 7, 2012
Knicks expected to match Lin's $28 mil. offer from Rockets
HOUSTON — Jeremy Lin, who took the NBA by storm with the New York Knicks last season, has accepted contractual terms offered by the Houston Rockets, a person with knowledge of the deal said Thursday.
The person said on condition of anonymity because the team hadn't officially announced the deal.
Lin can sign the offer sheet with Houston on July 11, and the Knicks will then have three days to match the offer.
The Knicks have repeatedly said that they plan to keep Lin.
The contract is worth $10.2 million over the first two seasons and $9.3 million in each of the last two years. The fourth season is a team option.
The person also said that the Rockets traded Kyle Lowry to Toronto on Thursday for a future first-round draft pick with lottery protection and forward Gary Forbes. Lowry averaged 14.3 points and 6.6 assists in 47 games for Houston last season.
The Rockets had Lin in training camp, but waived him because they had already had Lowry and Goran Dragic on their roster. Now that they've traded Lowry, and with Dragic headed to Phoenix, Houston is trying to get Lin back.
Lin was claimed by the Knicks after the Rockets let him go and soon became New York's starting point guard and "Linsanity" ensued.
He averaged 14.6 points, 6.2 assists and 3.1 rebounds in 35 games with 25 starts before his season was cut short because of torn knee cartilage.
Lin, who went undrafted out of Harvard, became a sensation with a remarkable stretch in February where he scored at least 20 points in nine of 10 games. A high point of that span came when he scored 38 points with seven assists in a 92-85 win over the Lakers on Feb. 10.
The Rockets are already popular in Asia because of the career of former star Yao Ming, who retired in 2011. With Yao's retirement, Lin could add to their appeal there as the first American-born player of Chinese or Taiwanese decent.
Meanwhile, multiple reports say that veteran guard Jason Kidd has agreed to a deal to join the Knicks.
Roy to join T-Wolves
MINNEAPOLIS — Former All-Star guard Brandon Roy is starting his comeback with the Minnesota Timberwolves.
A person with knowledge of the deal said that the former All-Star guard has agreed to terms on a two-year, $10.4 million deal to join the Wolves next season. The person requested anonymity because the news has not been officially announced.
The former Portland guard retired before last season because of chronic knee issues. The Blazers used the amnesty clause on the remaining $63 million of Roy's deal to get his salary off of its books, but he has received some treatments that prompted him to try to return.
Roy was originally drafted by the Wolves in 2006, but traded to Portland on draft night for Randy Foye.
The Oregonian first reported the agreement.
U.S. squad convenes
LAS VEGAS, AFP — Members of the U.S. Olympic team of NBA stars reported to training camp on Thursday and will start workouts on Friday before the roster is trimmed to a final 12-man squad on Saturday.
Injuries have cut the list of 20 candidates to 14 healthy ones, with such stars as center Dwight Howard, guards Derrick Rose and Dwyane Wade, and forward Chris Bosh — a third of the likely Olympians — out of London consideration.
What remains is the core from two U.S. championship lineups, the 2008 Beijing Olympic squad that reclaimed gold after the Americans finished third in 2004 and the 2010 world championship team that won the title in Istanbul.
LeBron James, coming off his first NBA title with Miami, will be joined by 2008 teammates Kobe Bryant, Carmelo Anthony, Chris Paul and Deron Williams on the squad once again guided by Duke University coach Mike Krzyzewski.
NBA scoring champion Kevin Durant and Oklahoma City teammate Russell Westbrook, who lost to Miami in the final, will be joined by 2010 world teammates Tyson Chandler and Kevin Love, two vital big men for the Americans.
Other candidates include Blake Griffin, Andre Iguodala, Rudy Gay, James Harden and Eric Gordon.
College star Anthony Davis, the No. 1 pick in last week's NBA Draft by the New Orleans Hornets, sprained an ankle in a workout for the NBA club and his status is uncertain.
Davis might be able to play by the time the Olympics begin.