It appears that Linsanity will continue in New York for at least one more year.
The Knicks will match the Rockets four-year, $28.8 million offer sheet for the point guard, according to head coach Mike Woodson. When asked if Lin would be a Knick next season, Woodson responded, absolutely.
The news comes a day after a report said Lin was upset that New York didn't offer him a deal before the Rockets came along. Lin later denied the claims on Twitter.
Lol why do u guys believe everything? No quotes from me = probably not true, tweeted Lin.
There was some question about whether or not Lin would return to the Knicks, after he met with the Rockets. The deal pays Lin approximately $10 million in each of the final two years, and will put the team well above the salary cap.
New York decided to bring back Lin after signing Jason Kidd to a three-year contract. Kidd has been a starter at point guard his whole career, coming off the bench for less than one percent of his 1,315 career games. Despite Kidd's experience, Woodson says Lin will get the nod as the team's starter.
Lin was effective for much of his time on the floor, but he doesn't have a lot of experience. He started just 25 times for the Knicks in the lockout-shortened season. The second-year man out of Harvard averaged 18.2 points and 7.7 assists per game while in the starting lineup.
Kidd has stated publicly that he doesn't have a problem coming off the bench. He played a career-low 28.7 minutes per game with Dallas in 2011-12, averaging 6.2 points and 5.5 assists. Even with his diminished role, though, Kidd has expressed a desire to play the final minutes of each contest.
The two are both listed at point guard, but Kidd and Lin will likely be on the court at the same time on occasion. Kidd has developed into a better three-point shooter, and could play the two-guard position.
On Wednesday, the Knicks brought in another point guard. They signed Pablo Prigioni from Argentina. He is 35 years old and has never played in the NBA.