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Report: Jeremy Lin To Receive Multi-Year Deal, Guaranteed Money

Marc Stein of ESPN.com provides new contract details in the Golden State Warriors’s pursuit of Jeremy Lin, an undrafted guard from Harvard who lit up the Las Vegas Summer League.

The Golden State Warriors are closing in on signing summer-league sensation Jeremy Lin, according to sources with knowledge of the talks.

Sources told ESPN.com on Tuesday that the Warriors, by offering to guarantee more than half of Lin’s potential first-year salary of nearly $500,000, have reached an agreement in principle with the point guard from Harvard.

Lin is expected to receive a multiyear deal, sources said.

For more on the signing, head over to SB Nation’s Golden State of Mind.