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New York Knicks guard Jeremy Lin, top right, puts up a shot as New Jersey Nets forward Kris Humphries defends during the fourth quarter of an NBA basketball game on Saturday, Feb. 4, 2012, at Madison Square Garden in New York. Lin led all scorers with 25 points as the Knicks defeated the Nets 99-92. (AP Photo/Bill Kostroun)

New York Knicks guard Jeremy Lin, top right, puts up a shot as New Jersey Nets forward Kris Humphries defends during the fourth quarter of an NBA basketball game on Saturday, Feb. 4, 2012, at Madison Square Garden in New York. Lin led all scorers with 25 points as the Knicks defeated the Nets 99-92. (AP Photo/Bill Kostroun)

Jeremy Lin

According to reports, The Knicks plan to cut ties with Jeremy Lin

on July 17, allowing the popular point guard who spawned "Lin-sanity"

in New York to head to Houston to join the Rockets.