Nets Sign Jeremy Lin

Bob DeChiara/USA TODAY Sports Images

Bob DeChiara/USA TODAY Sports Images

JULY 7th, 4:04pm: The deal is official, Brooklyn announced in a press release.

9:18am: The third year is a player option, Wojnarowski tweets.

JULY 1st, 9:08am: The Nets are closing in on a multiyear deal with unrestricted free agent Jeremy Lin, Adrian Wojnarowski of The Vertical reports (on Twitter). The pact will be for three-years and $36MM, reports Marc Stein of (Twitter link). Lin confirmed he is heading to the Nets via his personal Twitter account.

Lin will reunite with coach Kenny Atkinson, who was an assistant with the Knicks when “Linsanity” broke out during the 2011/12 season. The point guard has failed to recapture the magic of that time since departing New York, but has remained a productive player the past few seasons. It remains to be seen if pairing up with Atkinson will boost Lin’s numbers, but regardless, they land a solid contributor at a position of need.

The 27-year-old appeared in 78 games for the Hornets last season, including 13 starts. He notched averages of 11.7 points, 3.2 rebounds and 3.0 assists in 26.3 minutes per outing. Lin’s slash line on the campaign was .412/.336/.815.

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