Jeremy Lin has accepted a three-year offer sheet from the Rockets with a team option for a fourth season. The deal will pay Lin $5 million Year 1, $5.2 million in Year 2 and $9.3 million in Year 3, along with $9.3 million in Year 4 as a team option.

The Knicks are expected to match the offer sheet regardless of the amount.

"They will match any offer on Lin up to one billion dollars," said one source to Marc Stein.