Linsanity is worth approximately $28.9 million million dollars, according to dozens of sources who say that's what the Houston Rockets have offered the Taiwanese-American to sign a four-year deal. If the reports are true Lin could become the highest paid Asian-American player in the NBA. [New York Daily News is reporting Lin has already agreed to the deal:](http://www.nydailynews.com/sports/basketball/knicks/jason-kidd-opts-leav...) > Lin agreed on Thursday to sign a four-year, $28.9 million offer sheet with the Houston Rockets, hours after Jason Kidd, 39, turned down a deal with the Dallas Mavericks and agreed to spend the twilight years of his Hall of Fame career as a Knick. > [Sports Illustrated has more details on the deal: ](http://sportsillustrated.cnn.com/2012/writers/sam_amick/07/05/jeremy-lin...) >Sources confirmed that Lin, the 23-year-old undrafted player who was waived by the Rockets and Golden State last season before becoming a Madison Square Garden star and later having his season cut short by knee surgery on April 2, plans to sign Houston's offer sheet for four years and $28.8 million when the free agency moratorium ends on July 11. The deal, which has a team option in the fourth season, is expected to be matched by the Knicks. They will have until July 14 to do so. We'll end this post with a public service announcement: Lin is not the first Asian American to play in the NBA. Asian American Journalists Association with the accurate history below: >Raymond Townsend, who's of Filipino descent, was a first-round choice of the Golden State Warriors in the 1970s. Rex Walters, who is of Japanese descent, was a first-round draft pick by the New Jersey Nets out of the University of Kansas in 1993 and played seven seasons in the NBA; Walters is now the coach at University of San Francisco. Wat Misaka is believed to have been the first Asian American to play professional basketball in the United States. Misaka, who's of Japanese descent, appeared in three games for the New York Knicks in the 1947-48 season when the Knicks were part of the Basketball Association of America, which merged with the NBA after the 1948-49 season. Of Course, none of this is official yet. The Knicks are e[xpected to match the Houston Rockets' deal](http://deadspin.com/5923804/rockets-help-finalize-jeremy-lins-29-million...) so Lin could be staying put after all. *This article has been edited since publication.