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NBA Free Agency 2012: Houston Rockets, Jeremy Lin Agree To Terms On Offer, According To Report

New York Knicks free agent guard Jeremy Lin has reportedly agreed to the offer sheet he received from the Houston Rockets (via Adrian Wojnarowski). (via Adrian Wjonarowski). Wojnarowski also reported that the deal is worth $28.8 million over four years. The fourth year is a team option.The Knicks are thought to want to match any offer for Lin.

Wojnarowski is now reporting the terms of a deal that is indeed back-loaded, making this a difficult deal for the Knicks to match.

More from Wojnarowki:

So, Linsanity most likely remains in New York. But it will cost the Knicks dearly to make it happen.

-- For more on the Knicks, please be sure to check out our blog Posting And Toasting and SB Nation New York for all the latest news and updates.