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Jeremy Lin of the Atlanta Hawks has been bought out, clearing a path for him to sign with the Toronto Raptors, according to Adrian Wojnarowski of ESPN.
Lin’s agents, Jim Tanner and Roger Montgomery, finalized the buyout Monday, freeing Lin to sign with Toronto as soon as midweek.
“The future is bright for Atlanta!!! I truly mean that!” Lin posted Monday on Instagram . “Everyone who knows me knows how big my dreams are and that I have so much left to give to the game. Hyped to join the Raptors!!”
Lin thanked the Hawks, saying they helped him “become myself again on the basketball court and allowed me to experience the joy of hoops again!”
The veteran point guard’s arrival in Toronto would boost the Raptors, who will be without guard Fred VanVleet for at least three weeks because of a partially torn ligament in his left thumb.
Lin, 30, is averaging 10.7 points, 2.3 rebound and 3.5 assists in 19.7 minutes in 51 games (1 start) for the Hawks this season, shooting 46.6 percent from the field, 33.3 percent from beyond the 3-point arc and 84.5 percent from the free-throw line.
The 6-foot-3, 200-pounder carries career averages of 11.8 points, 2.3 rebounds, 4.4 assists and 1.1 steals in 25.8 minutes in 457 games (218 starts), with a shooting line of 43.6/34.8/80.9.
In addition to Atlanta, Lin has played for Golden State, New York, Houston, the Los Angeles Lakers, Charlotte and Brooklyn.