The Lakers have acquired Jeremy Lin from the Rockets, according to ESPN's Jeff Goodman. Goodman reports that Rockets will send Lin and a first round pick to the Lakers, while Yahoo's Adrian Wojnarowski reports that the Lakers will send Houston the rights to an overseas player and cash.
Goodman notes that the deal is an attempt by the Rockets to free up enough cap space to land free agent Chris Bosh while also holding on to restricted free agent Chandler Parsons. Parsons signed a three-year, $45 million offer sheet with the Mavericks earlier this week, but Houston has the ability to match that offer.
Lin appeared in 71 games last season with the Rockets, starting 33 of those contests. He averaged 12.5 points and 4.1 assists in about 29 minutes per game.
- Dan Gartland