Housekeeping note: Rockets swingman Courtney Lee is now an unrestricted free agent after Rockets withdraw his qualifying offer— Marc Stein (@ESPNSteinLine) July 3, 2012
The Rockets are reportedly hot after free agent point guard Jeremy Lin, and pulling their offer for Lee has some speculating that it's a way to make room for Lin on the roster. It's still possible, though unlikely, the Rockets will try to keep Lee.
Lee should garner plenty of interest on the open market for his services. Originally drafted by the Orlando Magic, Lee was traded to the Brooklyn Nets in a move for Vince Carter, and then part of a four-team deal that sent him to the Houston Rockets. Lee played in 139 games for the Rockets over the past two seasons.