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Jeremy Lin Statement: Time With Knicks Was 'Best Year Of My Life'

The magical relationship between former New York Knicks point guard Jeremy Lin and New York City basketball fans reached its conclusion Tuesday, when its NBA franchise decided to not match the three-year, $25.1 million offer of the Houston Rockets. On Wednesday, the 23-year-old phenom released an official statement thanking the organization and its fans.

"I loved this past year with the Knicks and truly appreciate the opportunity that New York gave me. The way the fans fully embraced me and our team was something I'll always cherish forever. It was an extraordinary and unforgettable time that was easily the best year of my life. Now I am excited to be back with the Rockets. They made a very compelling pitch in terms of what I could bring to the team and for the city. I am also impressed with Mr. Alexander and the management's commitment to improving the team. I'm excited about contributing to the Rockets winning tradition and competing with my new teammates."

For the second time in his career, Lin will play for the Rockets who will pay him about $15 million in 2014-15.

Read more on the Knicks at Poasting and Toasting and SB Nation New York. Head over to The Dream Shake blog and SB Nation Houston for reaction to the Rockets signing Jeremy Lin. Also, be sure to check out our dedicated NBA hub page for news and analysis around the league.