- CNTV English - CCTV News

Jeremy Lin agrees to terms with Houston Rockets: newspaper

07-06-2012 13:34 BJT Special Report:The Fever of Jeremy Lin |

HOUSTON, July 5 (Xinhua) -- The Houston Rocket agreed to terms with New York Knicks restricted free agent guard Jeremy Lin on Thursday, according to a local newspaper.

Lin will sign an offer sheet with the Rockets on July 11, The Houston Chronicle quoted a person with knowledge of the deal as reporting.

The first two seasons of the contract are worth 10.2 million U.S. dollars, and the third and fourth season is worth 9.3 million, with the fourth season at the team's option, according to the report.

The Knicks will have three days to match, the newspaper said. The Knicks have indicated that they would match any offer sheet Lin signs.

The Rockets waived Lin after 12 days in training camp, in part because they had Goran Dragic and Kyle Lowry on the position. Dragic agreed to sign with the Phoenix Suns on Wednesday and the Rockets traded Lowry to the Raptors on Thursday, a day after meeting with Lin in Houston, according to The Houston Chronicle.

Since earlier this year, Lin, a Harvard-educated guard and the first American-born NBA player of Chinese heritage, has become an international sensation, with his skills, humour and work ethic.

Lin averaged 22.1 points and 9.2 assists, making 47 percent of his shots, in his first 12 starts, keying a seven-game winning streak.

Editor:James |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program