Hoops Nation

In a stunning turn of events in the past 24 hours, the Knicks agreed to a sign-and-trade with the Trail Blazers to obtain former Knicks point guard Raymond Felton that all but ends the Jeremy Lin era prematurely and bitterly, according to league sources. … One NBA source insisted the Knicks, with Felton’s addition, will not match Lin’s new, ramped-up $25 million offer sheet from the Rockets.

(Via NYPost)