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Associated Press
Media and supporters listen as Houston Rockets' Jeremy Lin, seated at right at table, speaks during a news conference Thursday, July 19, 2012, in Houston. The 23-year-old NBA basketball player returned to Houston after signing a three-year, $25 million offer sheet that the New York Knicks decided not to match. (AP Photo/Dave Einsel)

HOUSTON — Jeremy Lin figured he'd be having this kind of news conference in New York.

Instead, he was talking about his new deal with the Houston Rockets on Thursday on the same practice court where he worked in virtual anonymity seven months ago before he was waived. Lin became a Rocket again when the Knicks decided not to match Houston's three-year, $25 million offer.

"It's been an unbelievable ride," Lin said. "Just a lot of things I didn't expect to happen, in terms of just the way last season went. I still have to kind of remind myself that this is all actually happening, sometimes. But it's a huge blessing. I can't believe how it all shaped up and for me to be here right now. I'm definitely excited and thankful."

Lin said he expected to be re-signed by the Knicks after he electrified the Big Apple last season before he was sidelined by a knee injury. Shortly after the Knicks officially declined to match, Lin was quoted on SI.com as saying, "Honestly, I preferred New York."

Lin said the question he answered was set in the context of before the start of the free agency period.

"The question was, 'Going into free agency, which team did you prefer?' " Lin said. "Before July 1, I didn't even know what teams were interested in me. But all I was hearing was, 'You're going back to New York.' At that time, before free agency started, I preferred New York. By the time it came to the offer sheet, I was just excited about both opportunities.

"Houston and New York," he said, "I was definitely excited about the possibility to go to both."

But probably not as excited as the Rockets were to get him.

Houston has missed the playoffs the last three seasons, and when Linsanity skyrocketed in New York, general manager Daryl Morey was kicking himself for waiving him on Christmas Eve. When Lin hit a winning 3-pointer in Toronto on Valentine's Day, owner Leslie Alexander called Morey to tersely ask him again why Lin was no longer a Rocket.

"He was killing me," Morey said with a smile. "I think one of the reasons Mr. Alexander is a great owner is because we're constantly evaluating our past decisions and deciding what did we know at the time? What could we have done better? How can we improve?"

At the time Lin was released, the Rockets had Goran Dragic and Kyle Lowry on the roster — two point guards with NBA experience. And who knew what Linsanity would become?

"We had very fair reasons to waive him," Morey said. "But the reality is, we shouldn't have."

The Knicks didn't initially see his potential, either, dropping him briefly to the developmental league in January. He was recalled in early February and with the team floundering at 8-15, coach Mike D'Antoni turned to Lin.

The 23-year-old undrafted point guard from Harvard scored 25 points in a 99-92 win over New Jersey and a global phenomenon was born. He proved to be more than a one-game wonder, becoming the first player in league history to average 20 points and seven assists in his first five games.

While Alexander said the decision to pursue Lin was "all basketball," he acknowledged that he could potentially impact the Rockets' brand in the way that Yao Ming did, expanding its reach in Asia.

With Lin in place, the roster is still taking shape. Morey says the team plans to sign Bulls center Omer Asik to a three-year, $25 million offer sheet on Friday.

DRAGIC RETURNS TO PHOENIX: Goran Dragic is back with the Suns, pronouncing himself a far more confident, vocal player than the one Phoenix traded away to Houston not long ago.

As evidence, he displayed his new jersey bearing No. 1 at the news conference announcing his return Thursday, a clear symbol that he's not Steve Nash's understudy anymore.

The popular point guard signed a four-year, $30 million contract, which can rise to $34 million with incentives, to come back to Phoenix, bolstered by his play as a starter for 28 games with the Houston Rockets last season.

PERKINS HAS SURGERY: Oklahoma City Thunder center Kendrick Perkins had surgery for a ligament tear in his left wrist.

Perkins was injured in the Western Conference finals against the San Antonio Spurs and played through the injury as the Thunder lost to the Miami Heat in the NBA finals. The nine-year veteran is expected to be ready for next season.

PASS THE MAYO — TO DALLAS: The Dallas Mavericks have announced the signing of O.J. Mayo three days after the free agent shooting guard posted a message on his Twitter account that he was joining the team.

In a statement released Thursday the Mavericks said they weren't disclosing the terms of the deal with the 6-foot-4, 210-pound West Virginian.

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Mayo averaged 15.2 points in 301 games over the past four seasons with the Memphis Grizzlies. He was the third overall pick in the 2008 draft by Minnesota, who then traded him to Memphis in a seven-player deal.

RADMANOVIC SIGNS WITH BULLS: Free agent forward Vladimir Radmanovic has agreed to a contract with the Chicago Bulls.

An 11-year veteran, he appeared in 49 games for Atlanta last season and averaged 4.5 points while seeing his playing time decrease. Originally drafted by Seattle in 2001, the 31-year old Radmanovic has played for six teams and averaged 8.2 points.