Tue 7/17/12 4:27 PM

The Knicks are not expected to the Rockets' offer sheet for Jeremy Lin, according to Howard Beck of the New York Times. Beck writes that there is an "incredibly small" chance that the decision could be reversed, but Rockets GM Daryl Morey seems to have managed the unthinkable, prying Linsanity away from New York with a three-year, $25.1 million offer. Toney Douglas is the only other PG on the Rockets' roster right now, and Lin would play as many minutes as he can handle. An official decision will be announced later on Tuesday.