UPDATE: The rumors are true. Jeremy Lin will be headed for Los Angeles. The Houston Rockets have traded your favorite Asian American point guard to the Lakers. LA, get ready.
Lakers acquire Jeremy Lin from Houston, still pursuing Carmelo Anthony
According to a source familiar with the deal, the Lakers have acquired Jeremy, along with the Rockets' first-round draft pick next year. The Rockets will get cash and rights to an undisclosed overseas player.
More here: Lakers trade for Jeremy Lin
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WHAAAAAAT. This just in...
With LeBron James headed back to the Cleveland Cavaliers, the Houston Rockets are looking to land Chris Bosh. In order to do that, they'll have to trade Jeremy Lin to free up salary cap space. Houston was reportedly working out a potential trade deal with the Philadelphia 76ers, but now we're hearing news that the Rockets are trying to trade Jeremy to the Los Angeles Lakers.
For real? Obviously, more on this as it develops...
Sources say Houston Rockets trying to trade Jeremy Lin to the Los Angeles Lakers. Report now on @SportsCenter— Marc Stein (@ESPNSteinLine) July 11, 2014
Lakers would make sense as destination with cap space to take on Jeremy Lin's expiring contract & without cutting into any of 2015 cap space— Marc Stein (@ESPNSteinLine) July 11, 2014
The saga continues...