By Daily Mail Reporter PUBLISHED: 00:55 EST, 18 July 2012 | UPDATED: 00:56 EST, 18 July 2012 The New York Knicks have stopped the 'Linsanity' in the Big Apple. Jeremy Lin, who helped turn around a miserable 2011-2012 Knicks season that resulted in the team becoming playoff competitors, will now pack his bags for Texas. The point guard will join the Houston Rockets after the Knicks announced late Tuesday night they would not match the Rockets' three-year, $25million offer for the restricted free agent. Scroll down for video Winning streak: Lin was one of the Knicks' key players last season, averaging 14.6 points a game when he went up against some tough teams like the Los Angeles Lakers
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New York refuses to match Houston Rockets deal that would have kept point guard Jeremy Lin in a Knicks uniform
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Lin takes to Twitter to express his excitement - and to thank the New York Knicks and their fans
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He previously played in two preseason games with the Rockets last season before being placed on waivers
The @placeholder, meanwhile, missed the postseason for the third straight year and have spent the offseason completely rebuilding their roster.