With rumors swirling that Knicks will let Jeremy Lin walk, Lin reportedly wants to return to the Knicks

According to Marc Berman of the New York Post, this whole free agency thing has gotten out of hand for Jeremy Lin. We’ve touched on how Lin still has some growing to do when it comes to the business side of the NBA. And his handling of his free agency continues to prove it.

In an attempt to get the most lucrative contract he could, Lin signed an offer sheet with the Houston Rockets. A move that we have no problem with. But then, Houston upped the ante by adding a balloon payment of $15 million in the third year of the contract making it almost impossible for the Knicks to match the deal. All the while, Lin reportedly wants to re-sign with the Knicks. But now it looks like he may be stuck.

“He did not see this happening,” Peter Diepenbrock, Lin’s coach at Palo Alto (Calif.) High School, told Yahoo! Sports. “He sounded surprised. He loves the New York fans. To have the experience that he had for the two months and for that to be over with, that’s quite a shock to the system. I think he really believed the Knicks would match whatever offer he got.”

And they would have. That’s until Daryl Morey used Lin’s lack of NBA business knowledge against him.

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