Jeremy Lin, whose breakout 2011-2012 season actually made people care about the Knicks, is coming back to New York. The 27-year-old announced he's leaving the Charlotte Hornets for a Russian oligarch's team:

New Nets coach Kenny Atkinson was instrumental as an assistant coach with the Knicks in improving Lin's game. In April, Lin discussed Atkinson's ascent with the NY Times: "I’ve kind of been saying it was just a matter of time for him because I know how good he is, I know how much he was there for me in New York. When you’re around him, you kind of understand there’s something different about him: his energy, his passion, the juice he approaches his work with."

Sports reporters say that Lin and the Nets have agreed on a three-year deal worth $36 million.

Lin started his career with the Golden State Warriors, but joined the Knicks for one season that resulted in a dazzling month. Last month, the NY Post's Knicks sports reporter Phil Mushnick complained that Knicks owner James Dolan was being his usual petty self by not putting "Linsanity" in an MSG Network program about memorable Madison Square Garden moments:

However, the singularly most unexpected, extraordinarily exciting and successful 21st-century Knicks happenstance was omitted: Those three weeks when an undrafted scrub who was about to be cut, Jeremy Lin, took an injury- and star-depleted team and turned the Knicks and New York City and its environs into Holy Mackerel Land, those three weeks when “Linsanity” erupted with an all-in, run-and-pass offense that led to countless uncontested layups and an 8-15 team winning seven straight and eight-of-nine — including wins against the far more talented Lakers, Jazz and Mavericks.

From Feb. 4 through Feb. 29 (2012 was a leap year), New York City went Linsane. And while it’s impossible to forget what by far was the most exciting, successful thing about this century’s Knicks, it didn’t make MSG Network’s cut.

The Knicks decided not to keep Lin, allowing the Houston Rockets to take the point guard in a $31 million poison pill deal. Since then, Lin's bounced around with the Los Angeles Lakers and Charlotte Hornets, averaging 11 points per game.

Lin comes with pluses and minuses. He's excellent in the pick and roll, which should benefit Brook Lopez, and can be a streaky scorer. But he's prone to turnovers when he starts playing too fast and out of control, and is a liability in on-ball defense. Ideally, he's the leader of the second unit, and gets the occasional start when your starting point guard is hurt or needs a rest.

He could also increase the Nets' appeal to the Asian community, especially with the new Nets practice facility in Sunset Park.

However, Jarrett Jack, the Nets point guard who was placed on waivers, has a different opinion about Lin's signing:

Over at MSG, the Knicks, who now have Derrick Rose, are reportedly circling Joakim Noah in a four-year, $72 million deal.