Greed, backstabbing and miscommunication made Jeremy Lin a Houston Rocket

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Jeremy Lin was gone in a New York minute.

In a stunning development, sources report that the New York Knicks have decided not to match the offer sheet the Houston Rockets presented to Jeremy Lin for $25 million over three years.

To soften the departure of Lin, the Knicks agreed last night to a sign-and-trade with the Portland Trail Blazers that allowed them to reacquire point guard Raymond Felton and power forward Kurt Thomas for free agent Jared Jeffries and Dan Gadzuric’s non-guaranteed $1.4 million contract.

The Asian-American phenomenon apparently chapped New York’s ass by informing the Rockets that the Knicks intended to equal their deal so Houston’s suits would better their offer.

After the Rockets improved the language of the contract, Lin covertly, somewhat like a sneaky weasel, flew into “Sin City” and signed the lucrative agreement.

“It’s difficult now,” said Tyson Chandler, 29, the 2012 Defensive Player of the Year. “I don’t know what the situation will be. They put us in a tough situation as far as the organization goes, and I don’t know what’s going to happen here going forward.”

The 23-year-old Lin, who suffered a torn left meniscus in late-March that required season-ending surgery, averaged 14.6 points and 6.2 assists in 35-games as a Knick in 2012.

Lin was slated to eventually be mentored by ten-time All-Star, and five-time All-NBA First Team selection, Jason Kidd.

The 38-year-old boozy Kidd, the only ballplayer to amass at least 15,000 points, 7,000 rebounds, and 10,000 assists in his career, announced on July 5 he would ink a three-year contract worth roughly $3 million annually to perform at Madison Square Garden this autumn.

Rather than school the Harvard University graduate, Felton, who has averaged 13.4 points, 6.7 assists and 3.3 rebounds in seven professional seasons since the Charlotte Bobcats took him with the fifth pick in the 2005 NBA Draft out of The University of North Carolina, will now instead pair with Kidd.

Felton, 28, is a capable point guard and he has proved he can succeed in “The Big Apple.”

Nevertheless, Felton is not nearly the talent that Lin is and New York’s brass and the past Crimson standout really banged the pooch in this instance.

“Linsanity” was born in Gotham and the relationship between player, organization and fans was undoubtedly meant to mature in New York City.

Unfortunately, due to greed, backstabbing and miscommunication, the brief, almost nonexistent, Jeremy Lin era is finished in Manhattan.

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