“Linsanity” is over — at least in New York City where it all started with a bang back in February.

Jeremy Lin, the Asian sensation who lit up the NBA coming off the bench for the Knicks, is now a Houston Rocket. The Knicks passed on Lin before the Tuesday deadline rather than match the staggering $25 million offer sheet from the Rockets.

Sports purists say Lin isn’t worth $25 million, which includes a balloon payment of $15 million in the 3rd year of his contract.

Ironically, Houston dumped Lin before the start of last season. Many Red Nation fans don’t ever remember him in a Rockets uniform. Lin was claimed off waivers by the Knicks in December — and given a bargain basement salary of $600,000.

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  • Miami Heat Basketball star LeBron James was seen arriving at Manchester Airport with the rest of the men’s USA Olympic Backetball team ahead of their exhibition game at the Manchester Arena against Team Great Britain. Remember I told you that we British don’t coddle celebrities? When was the last time you saw elite basketball stars struggling to push their own luggage through an airport in the United States?

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    Students of body language had no trouble recognizing the first lady Michelle Obama’s closed body language during Monday night’s USA vs Brazil exhibition game in DC. Team USA (led by LeBron James) defeated the Brazilians. But Mr. Obama apparently struck out with his wife.

    It took two “Kiss cam” tries for the president and Mrs. Obama to lock lips.

    During the first “Kiss cam” try, Mrs. Obama coldly rejected her husband. The 2nd time around, they kissed but her arms were closed and it was clear that she was not receptive to his touch.

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    Ray Allen is a class act. After the Miami Heat defeated the Boston Celtics to advance to the NBA Finals, Allen was one of the few class act players who remained on the floor to congratulate the Heat.

    It came as a surprise to the Celtics fans when Allen signed a contract to help the NBA champs defend their title next season.

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    Nobody ever heard of NY Knicks point guard Jeremy Lin until February when the baby faced Asian-American Harvard grad came off the bench to spark a 7-game winning streak. But Lin’s meteoric rise to NBA stardom was interrupted by a season-ending injury that forced him to sit out the Knicks’ first round loss during the NBA playoffs.

    Now Lin is the hot ticket in the NBA’s free agency market. The Houston Rockets sweetened the pot with a $25 million offer sheet last week. But Knicks coach Mike Woodson was confident that the Knicks would match the offer by Tuesday’s 11:59 p.m. deadline. That is until Lin flew to Las Vegas under the cover of darkness to sign a new offer sheet — one that would guarantee the turnover-prone guard a three-year, $25 million contract — with a final year balloon payment of $14.9 million.

    Due to the stiff penalties for NBA luxury-tax repeat offenders, the Knicks could conceivably pay $58.3 million for the season to retain Lin’s services.

    Knicks forward Carmelo Anthony — who wasn’t fond of sharing the attention with Lin — called the contract offers for such an inexperienced player “ridiculous.”

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    Most of you have seen the touching commercial featuring former Boston Celtics guard Ray Allen and his wife Shannon Allen discussing their son Walker’s type 1 diabetes.

    According to Black Celeb Kids, Ray Allen delayed his decision to sign with the NBA champs Miami Heat until he was confident with the medical care his son would receive in Miami.

    His son’s care was a huge part of the decision on whether to sign with Miami. Even before the deal got done, plans were already being put in place to make sure Walker Allen would have all the support he would need in South Florida.

    “We’re saying goodbye to a lot of people that we grew up to know and love in our community, in the organization,” Allen said. “Everything changes. You are sad about that. But it doesn’t keep those people from still being close to our heart or still being friends.” Source

    Ray and his wife have four children together. Watch the Allens’ commercial after the break!

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    The Joe Paterno backlash continues: TMZ.com reports NIKE is changing the name on its Joe Paterno Child Care Center in the wake of news that the famed Penn State coach covered up allegations of child abuse against one of his coaches.

    Nike President Mark Parker said in a statement, “With the findings released today, I have decided to change the name of our child care center at our World Headquarters.”

    Former NFL great Warren Sapp added his voice to the protests, suggesting that the university remove the statue honoring Paterno from the campus.

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    Congrats to Baylor women’s basketball star Brittney Griner who took home the Best Female Athlete of the Year trophy during the 2012 ESPY Awards at Nokia Theatre in LA on Wednesday. The 6-8 center was also named the AP Player of the Year and the Most Outstanding Player of the Final Four, among her many accolades.

    Griner led Baylor to the NCAA Division I Women’s Basketball Championship in April. The Texas native wears a men’s 17 or 18 shoe size. And in case you’re wondering, the answer is yes.

    Photo: Frazer Harrison/Getty Images North America

    All soccer superstar Ronaldinho wanted to do was quench his thirst when he sipped from a can of Pepsi during a press conference. But that seemingly innocuous gesture revived a longstanding feud between soft drink giants Coco Cola and Pepsi.

    According to The Atlanta Journal Constitution, the Atlanta-based Coke reacted to Ronaldinho’s two-timing by yanking the Brazilian star’s lucrative $750,000 sponsorship. That’ll teach him to be faithful.

    “The fact that the player has appeared with a can of Pepsi was the straw that broke the camel’s back,” Coca-Cola marketing chief Marcelo Pontes told the newspaper. “The sponsorship had become embarrassing.”

    The press conference was held to promote his new team, Atletico Mineiro, of which Pepsi is a sponsor. Coke’s $750,000 sponsorship deal with Ronaldinho was scheduled to run through 2014.

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  • OKC Thunder star Kevin Durant is not pleased that he’s playing with Miami Heat superstar LeBron James on the Men’s USA Olympic basketball team this Summer in London. Durant and OKC guards Russell Westbrook and James Harden were selected to play for team USA.

    Durant suffered a humiliating loss to LeBron and the Heat in the 2012 NBA finals in Miami. OKC was favored to defeat Miami by nearly every basketball analyst.

    Speaking to the Associated Press on Tuesday, the sore loser said he’s annoyed that he has to see James everyday as he prepares to practice with team USA in London:

    “It does. It does, but what can I do?” Durant said Tuesday. “He’s my teammate now. I’m a team player. I can’t let that affect this. This is bigger than that. It’s tough to lose in the Finals and play the guy you’ve been going up against for five games who beat you.”

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