Jeremy Lin

Associated Press
New York Knicks' Jeremy Lin (17) shoots over Utah Jazz's Al Jefferson during the first half of an NBA basketball game Monday, Feb. 6, 2012, in New York. (AP Photo/Kathy Kmonicek)

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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.

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