Jeremy Lin & Linsanity will grace the cover of Time magazine next week in yet another major ego boost for the breakout New York Knicks star.

The Knicks' new point guard, who has only started in six games so far, has already earned praise from President Barack Obama, become the hottest sports star on earth, and inspired the entire Asian-American community.

And now Time magazine is running a cover story on Jeremy Lin, the Taiwanese-American basketball sensation. The cover of the Feb. 27 edition of Time, which was released Thursday, will bear a photo of him going for an underhand lay-up, overlaid with the word LINSANITY! in all caps, with a subheadline reading Jeremy Lin lights up the NBA.

It also includes a note that says Since 1976 no one has scored more points in his first four starts than Jeremy Lin. That's more than Jordan. More than Lebron.

The article, titled Linsanity! and written by Sean Gregory, will be accompanied by a lengthy article about Jeremy Lin and Linsanity. A preview of the story's text is currently posted at Time.com, reading as follows:

To measure the immediate sociological impact of Jeremy Lin--the electric New York Knicks point guard who has jolted the NBA--start on the weekend-warrior basketball floor. In a gym near New York City's Chinatown two days after Lin torched the Los Angeles Lakers for 38 points and a day after the Knicks won their fifth consecutive game with Lin running the show, a group of African-American players prepped for a rec-league game. Most of the competition was Asian American. The message: Ditch the stereotypes of the Asian dudes as pesky players who nevertheless won't be hard to beat.

Time has covered Lin in the past, including in an interesting posting on its Global Spin blog in which writer Hannah Beech discusses the impact of Linsanity in China, and the chances of China producing an NBA star of Lin's stature.

Lin, a 6'3, 200-pound point guard, has taken the sport by storm, overshadowing his All-Star teammates Carmelo Anthony and Amare' Stoudamire by leading the team to its best streak all year without their help.

Jeremy Lin, who hails from Palo Alto, Calif., was a star in college, when he led Harvard University to its all-time best basketball season in 2009 before graduating and going un-drafted in 2010. He proved himself in the NBA summer league, dominating John Wall in one particularly impressive game, and was then signed by the Golden State Warriors.

He played last year with the Warriors, but during this season's NBA lockout, he ended up without a team. He went to the Houston Rockets for a short while, but was picked up by the Knicks in December.

And now, he is unexpectedly the hottest player in the NBA, and as only the fourth Asian-American ever to play in the league, he has emerged as an icon in that community as well. And Knicks head coach Mike D'Antoni only expects him to continue to do well:

He just does everything easy and the rest of the guys around him are playing the way we want to play,D'Antoni told CBS News last week, adding the following about Lin: The things that are real are his vision, which won't change; his speed, which won't change; his knowledge of the game, which won't change. I think it can only get better.

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