Feb 20, 2013; Houston, TX, USA; Houston Rockets point guard Jeremy Lin (7) reacts after a play during the fourth quarter against the Oklahoma City Thunder at Toyota Center. The Rockets defeated the Thunder 122-119. Mandatory Credit: Troy Taormina-USA TODAY Sports

Houston Rockets Officially Trade Jeremy Lin

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The Los Angeles Lakers have officially acquired Jeremy Lin from the Houston Rockets, according to LATimes reporter Mike Bresnahan.

On Sunday, everything was finalized and papers were signed making Jeremy Lin a Laker for the 2015 season.

General Manager of the Lakers, Mike Kupchak said;

“This trade allows us to acquire a solid player who will make us a better team, as well as draft picks to improve our team in the future, while at the same time allowing us to maintain financial flexibility. In addition to what he’ll bring us on the court, we think Jeremy will be warmly embraced by our fans and our community.”

Linsanity took over our TVs in 2012 and Lin has been on a roller coaster ever since. He has been able to play with some of the best of his time from Carmelo Anthony with the New York Knicks, Dwight Howard and James Harden in Houston, Steph Curry in Golden State and now Kobe Bryant with the Lakers. 

Last season Lin averaged 12.5 ppg, 4.1 apg and 2.6 rpg.

The Lakers picked up Houston’s first-round-pick and a second-round-pick from the Clippers, which was previously traded to the Rockets. (The Lakers will only receive the pick from the Clippers if it falls in the 51-55 range.)

In return for Lin, the Rockets will receive the draft rights to Sergei Lishchuk, a 2004 49th pick. He’s not expected to play for the Rockets.

The Rockets made the trade for cap space reasons, and we will have to wait until the offseason ends to judge whether ot not the deal was the right one to make.

Stick with us at House of Houston for all the latest on the Rockets’ offseason. Click here for all the latest stories!

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