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The Knicks struck a deal to reacquire Raymond Felton, the veteran point guard, sparking immediate, furious speculation that the franchise was ready to let Jeremy Lin leave for Houston. The answer, as of midnight, was anything but clear. In a surprise move, the Knicks struck a deal to reacquire Raymond Felton, the veteran point guard, sparking immediate, furious speculation that the franchise was ready to let Lin leave for Houston.

The Knicks made two moves Monday to build their roster, acquiring Marcus Camby in a sign-and-trade deal with the Houston Rockets and agreeing to a four-year deal with Steve Novak.

A person with knowledge of the deal said Thursday that New York Knicks restricted free-agent guard Jeremy Lin and the Houston Rockets have agreed to terms on a four-year contract offer. The person told The Associated Press on Thursday on condition of anonymity because the team hadn't officially announced the deal. Lin can sign the offer sheet with Houston on July 11, and the Knicks will then have three days to match the offer.

Arron Afflalo scored 26 points, Ty Lawson had 25 and the Denver Nuggets continued their playoff push with a 105-102 victory over the fading Houston Rockets on Monday night. Al Harrington added 15 points and Andre Miller had 13 assists for the Nuggets, who swept back-to-back games with the Rockets, the team directly behind them in the Western Conference standings.

An epic trade that would have made Chris Paul and Kobe Bryant teammates in Los Angeles was vetoed Thursday night by N.B.A. Commissioner David Stern in a decision that rocked the league just as it emerged from a five-month lockout... New Orleans would have received Lamar Odom from the Lakers, and Kevin Martin, Luis Scola and Goran Dragic from the Rockets. Martin is among the league’s top scorers, Odom is a versatile big man and Scola is a skilled and rugged power forward. In addition, the Hornets would have received the Knicks’ first-round draft pick in 2012, which the Rockets acquired in a previous trade. Houston would have received Pau Gasol from the Lakers.

NBA star Yao Ming announced his retirement during a news conference in China on Wednesday. "I need to make a personal decision," Yao said. "I am ending my basketball career. I am very grateful. I like to thank my family members and my parents. And the Houston Rockets."

Houston Rockets center Yao Ming is retiring, according to a report by Yahoo! Sports. The 7-foot-6 Chinese star, plagued by lower-body injuries in the second half of his career, has informed the league office that his playing career is over, the website reported.

With the playoffs looming, LeBron James, Dwyane Wade and Chris Bosh are finding a new gear.

Houston Rockets center Yao Ming will miss the rest of the season because of the stress fracture in his left ankle. The Rockets announced the decision Friday, a day after the injury was found in an MRI exam. Team physician Walter Lowe said surgery is the usual treatment for such an injury, which has sidelined Yao since Nov. 10.

An MRI performed today on Rockets center Yao Ming revealed a stress fracture of the Medial Malleolus in his left ankle. The fracture, which is related to his previous injury of the Tarsal Navicular bone, presented itself during the course of his current rehabilitation program. There is no timetable for his return at this time.