Say goodbye to Linsanity, New York.

Jeremy Lin is taking his game off Broadway - way off - to Houston after the Knicks announced Tuesday night they would not match the Rockets' three-year, $25 million offer for the restricted free agent.

''Extremely excited and honored to be a Houston Rocket again!!'' Lin posted on his Twitter account.

''Much love and thankfulness to the Knicks and New York for your support the past year...easily the best year of my life.''

The 23-year-old point guard, undrafted out of Harvard, became an international phenomenon and the biggest story in sports during one dazzling month in the Big Apple. But the Knicks decided keeping the show in town was too costly.

Rockets general manager Daryl Morey celebrated the re-acquisition on Twitter:

''Welcome to Houston (at)JLin7. We plan to hang on this time. You will love (hash)RedNation.''

The Rockets waived Lin after two weeks in their training camp in December. Team owner Leslie Alexander said in a statement late Tuesday that the team was ''thrilled to have Jeremy back.''

''In his limited opportunity last season, Jeremy showed that he has all the skills to be a great player in this league for many years to come,'' Alexander said. ''In addition to being a great passer, he is also exceptional at driving to the rim and finishing plays. He also showed a poise well beyond his years by making winning plays at the end of numerous games last season. Jeremy is a winner on and off the court and we view him as an important part of our plan to build a championship contender.''