Jeremy Lin to Nets: Latest Contract Details, Comments and Reaction

Point guard Jeremy Lin is changing teams for the fifth time since entering the NBA, as he agreed to sign with the Brooklyn Nets on July 1.

Lin announced his arrival in Brooklyn:

The Nets officially announced the signing Thursday. 

“We are excited to welcome Jeremy to Brooklyn," Nets general manager Sean Marks said in the release. “He is a high-character and competitive individual who will fit our culture moving forward, as well as the style of play that Kenny will be implementing. Jeremy is a proven veteran point guard with strong leadership qualities, who is an obvious fit in this system and city.”

According to Adrian Wojnarowski of The Vertical, the veteran guard inked a three-year, $36 million deal, including a third-year player option, trade kicker and bonuses.

After a disappointing 2014-15 campaign with the Los Angeles Lakers, Lin signed with the Charlotte Hornets and rebuilt his credibility as a key bench contributor for a playoff team.

The Harvard alum averaged 11.7 points, 3.2 rebounds and three assists in just over 26 minutes per game as an offensive-minded combo guard.

Lin put up 12.4 points per contest in the playoffs and was a big factor in helping Charlotte push the Miami Heat to a Game 7.

The 27-year-old decided against exercising his player option to stay with the Hornets in 2016-17, but he remained open to returning after opting out, telling reporters: "If you asked me would I be interested in coming back, there's no question in my mind—it's a resounding yes. I would be very interested in coming back."

While Lin has struggled to recapture the magic he displayed during his 35-game run with the New York Knicks in 2011-12, he has developed into a useful player who excels at providing energy and spark off the bench.

He didn't enter free agency as one of the elite options at his position, but Lin is a productive player who provided excellent value relative to his contract last season, and he figures to do the same with the Nets.

Brooklyn has little to speak of on its roster, especially in the backcourt, so Lin figures to log big minutes and earn a starting gig after primarily coming off the bench last season.

Aside from center Brook Lopez, Lin becomes one of the Nets' most important players and a key to helping them climb out of the Eastern Conference's basement.

There is no question Lin has deficiencies on the defensive end and isn't necessarily a sharpshooter offensively, but he's a solid passer and is at his best when he is driving to the hoop and creating contact.

Losing Lin could be a big blow to a Hornets team that relied on his scoring production, but he represents an equally big gain for the Nets.

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