According to reports by The New York Post, the Houston Rockets have offered a contract to New York Knicks guard Jermy Lin worth roughly $30 million.

According to league sources, the deal would pay Lin $5 million in the first season, $5.2 million in the second, and then would increase to as much as $10 million per year in the third and fourth seasons.

Though Lin and the Knicks are hoping for a reunion, sources have told ESPN The Magazine's Chris Broussard, that if any clubs offer Lin a back-loaded contract that pays him an eight-figure salary in the third and fourth years, the Knicks could be hesitant to match the offer.

Under the terms of the NBA's new Collective Bargaining Agreement, teams that exceed the cap next season pay the same straight tax rate. Knicks GM Glen Grunwald has repeatedly said that he will match any offer for Lin, but owner James Dolan has the ultimate final decision about a deal with these kind of implications.

The Knicks now face the difficult decision of either losing one of their most promising and popular players, or restricting their ability to add talent over the next four years. To further complicate things, though Lin has played well for the Knicks, he has only played in a total of 35 games, 14.6 points and 6.2 assists per game, a small sample to fairly evaluate his skill set.

The Knicks can offer Lin a four-year deal worth $24.5 million before the official signing star deadline on July 11.