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.

FILE - In this March 7, 2012 file photo, New York Knicks' Jeremy Lin, left, shoots over San Antonio Spurs' Tim Duncan during the first half of an NBA basketball game, in San Antonio. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston. (AP Photo/Darren Abate, File)
FILE - In this March 7, 2012 file photo, New York Knicks' Jeremy Lin, left, shoots over San Antonio Spurs' Tim Duncan during the first half of an NBA basketball game, in San Antonio. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston. (AP Photo/Darren Abate, File)
FILE - In this March 7, 2012 file photo, New York Knicks' Jeremy Lin, left, shoots over San Antonio Spurs' Tim Duncan during the first half of an NBA basketball game, in San Antonio. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston. (AP Photo/Darren Abate, File)
FILE - This March 9, 2012 file photo shows New York Knicks' Jeremy Lin shooting between Milwaukee Bucks' Shaun Livingston, left, and Larry Sanders during the first half of an NBA basketball game in Milwaukee. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston.(AP Photo/Morry Gash, File)
FILE - This March 9, 2012 file photo shows New York Knicks' Jeremy Lin shooting between Milwaukee Bucks' Shaun Livingston, left, and Larry Sanders during the first half of an NBA basketball game in Milwaukee. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston.(AP Photo/Morry Gash, File)
FILE - This March 9, 2012 file photo shows New York Knicks' Jeremy Lin shooting between Milwaukee Bucks' Shaun Livingston, left, and Larry Sanders during the first half of an NBA basketball game in Milwaukee. This would have been such an easy decision in February. Lin was the biggest thing in basketball, and no way the Knicks would have let him go elsewhere. Now, knowing his price and with no assurance he'll play as he did when Linsanity reigned, the Knicks may allow Lin to leave for Houston.(AP Photo/Morry Gash, File)
New York Knicks guard Jeremy Lin (17) drives against Toronto Raptors forward Amir Johnson during the first half of an NBA basketball game in Toronto on Tuesday, Feb. 14, 2012. (AP Photo/The Canadian Press, Frank Gunn)
Lin hits game-winner as Knicks beat Raptors
New York Knicks guard Jeremy Lin (17) drives against Toronto Raptors forward Amir Johnson during the first half of an NBA basketball game in Toronto on Tuesday, Feb. 14, 2012. (AP Photo/The Canadian Press, Frank Gunn)
New York Knicks guard Jeremy Lin (17) is beaten on a jump ball by Toronto Raptors forward Linas Kleiza during the first half of an NBA basketball game in Toronto on Tuesday, Feb. 14, 2012. (AP Photo/The Canadian Press, Frank Gunn)
Lin hits game-winner as Knicks beat Raptors
New York Knicks guard Jeremy Lin (17) is beaten on a jump ball by Toronto Raptors forward Linas Kleiza during the first half of an NBA basketball game in Toronto on Tuesday, Feb. 14, 2012. (AP Photo/The Canadian Press, Frank Gunn)
New York Knicks' Jeremy Lin (17) drives past Los Angeles Lakers' Derek Fisher during the first half of an NBA basketball game, Friday, Feb. 10, 2012, in New York. (AP Photo/Frank Franklin II)
Lin scores 38 to lead Knicks over Lakers 92-85
New York Knicks' Jeremy Lin (17) drives past Los Angeles Lakers' Derek Fisher during the first half of an NBA basketball game, Friday, Feb. 10, 2012, in New York. (AP Photo/Frank Franklin II)

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