Jeremy Lin agrees to terms with Houston Rockets

 HOUSTON, July 5 (Xinhua) -- The Houston Rocket agreed to terms with New York Knicks restricted free agent guard Jeremy Lin on Thursday, according to a local newspaper.

Lin will sign an offer sheet with the Rockets on July 11, The Houston Chronicle quoted a person with knowledge of the deal as reporting.

The first two seasons of the contract are worth 10.2 million U.S. dollars, and the third and fourth season is worth 9.3 million, with the fourth season at the team's option, according to the report.

The Knicks will have three days to match, the newspaper said. The Knicks have indicated that they would match any offer sheet Lin signs.

The Rockets waived¹ Lin after 12 days in training camp, in part because they had Goran Dragic and Kyle Lowry on the position. Dragic agreed to sign with the Phoenix² Suns on Wednesday and the Rockets traded Lowry to the Raptors on Thursday, a day after meeting with Lin in Houston, according to The Houston Chronicle.

Since earlier this year, Lin, a Harvard-educated guard and the first American-born NBA player of Chinese heritage, has become an international sensation, with his skills, humour and work ethic³.

Lin averaged 22.1 points and 9.2 assists, making 47 percent of his shots, in his first 12 starts, keying a seven-game winning streak⁴.

1 waived   

v.宣布放弃( waive的过去式和过去分词 )；搁置；推迟；放弃（权利、要求等）

参考例句：

• He has waived all claim to the money. 他放弃了索取这笔钱的权利。 来自《简明英汉词典》
• I waived the discourse, and began to talk of my business. 我撇开了这个话题，开始讲我的事情。 来自辞典例句

2 phoenix   

n.凤凰，长生(不死)鸟；引申为重生

参考例句：

• The airline rose like a phoenix from the ashes.这家航空公司又起死回生了。
• The phoenix worship of China is fetish worship not totem adoration.中国凤崇拜是灵物崇拜而非图腾崇拜。

3 ethic   

n.道德标准，行为准则

参考例句：

• They instilled the work ethic into their children.他们在孩子们的心中注入了职业道德的理念。
• The connotation of education ethic is rooted in human nature's mobility.教育伦理的内涵根源于人本性的变动性。

4 streak   

n.条理，斑纹，倾向，少许，痕迹；v.加条纹，变成条纹，奔驰，快速移动

参考例句：

• The Indians used to streak their faces with paint.印第安人过去常用颜料在脸上涂条纹。
• Why did you streak the tree?你为什么在树上刻条纹？