NEW YORK, N.Y. -- It appears Linsanity is over in New York. The Knicks have confirmed that they will not bring back point guard Jeremy Lin.

Lin signed a $25 million offer sheet from the Houston Rockets, and the Knicks declined to match it.

In his first season with the Knicks, Lin electrified fans with his clutch performances that seemingly came out of nowhere. That season was cut short when Lin went down with an injury.