Reports: Rockets, Jeremy Lin agree to four-year, $28.8 million contract

Friday July 6th, 2012

The numbers on the offer sheet that the Houston Rockets and Jeremy Lin have agreed to are out, and they are in line with what has been predicted over the past several days: Adrian Wojnarowski of Yahoo! Sports was first to report that it is a three-year deal with a team option on the fourth year, and as best as we can tell, Alex Kennedy of HoopsWorld.com was first to report the total value of $30 million.

Not quite $30 million. Wojnarowski reports that the numbers total $28.8 million (salaries of $5 million, $5.2 million, $9.3 million and $9.3 million), with only $19.5 million guaranteed.

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