Linsanity is returning to New York.
The Brooklyn Nets have reportedly signed former NY Knicks point guard Jeremy Lin to a three-year, $36 million contract according to ESPN.
Lin played with Charlotte Hornets last season and signed a 2 year, $4.3 million contract last year but opted out as a free agent this summer.
Lin turns 28 next month. He averaged 11.7 points, 3.2 rebounds and 3.0 assists over 26.3 minutes per game last season primarily as a reserve.
New Nets coach Kenny Atkinson was an assistant on the NY Knicks when Lin played for them in 2012. Lin exploded to global fame after joining the Knicks off waivers and became a starter in February 2012, leading the lowly Knicks on a seven-game winning streak which coined the term Linsanity. The Knicks did not resign Lin after the season and he received a three-year, $25 million contract with the Houston Rockets.