WASHINGTON -- On the eve of their deadline to match the Rockets' three-year, $25.1 million offer sheet for Jeremy Lin, the Knicks have yet to tip their hand. But there was a school of thought in league circles Monday that the Knicks matching the massively back-loaded offer should not be ruled out. ...more

NEW YORK -- Faced with a poisonous offer sheet from the Houston Rockets for Jeremy Lin, the New York Knicks took a step that strongly signals they won't match by acquiring point guard Raymond Felton from the Portland Trail Blazers in a sign-and-trade deal Saturday night, league sources confirmed. ...more

The Houston Rockets continue to push hard to acquire draft picks and cap space in an effort to provide a package of assets that will entice the Orlando Magic to trade Dwight Howard, league sources told CBSSports.com Saturday. The Nets remain in the mix for Howard and also are pursuing Rockets center Marcus Camby as a backup to either Howard or Brook Lopez in Brooklyn. ...more