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New York Knicks' Jeremy Lin (17) drives the ball past Utah Jazz's Earl Watson (11) during the second half an NBA basketball game Monday, Feb. 6, 2012, in New York. Lin scored 28 points during the Knicks' 99-88 win. (AP Photo/Kathy Kmonicek)

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.