Fri 7/13/12 4:06 PM

Sources have told David Aldridge that Jeremy Lin has officially signed a three-year, $25.1 million offer sheet with the Rockets. The contract to Lin is for $5 million in year one, $5.225 million in year two and $14.898 million in year three. The Rockets had hoped that the huge number in year three would discourage the Knicks from matching the offer, but Mike Woodson has already gone on record saying that Lin will be his starting PG next season. The only suspense here is if New York takes the full three days to officially match the deal to potentially keep Houston in limbo on a few of their other free agent and/or trade targets.