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Austin Rivers signs two-year deal with Rockets

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Some good news for the Rockets in free agency.

NBA: Playoffs-Golden State Warriors at Houston Rockets Troy Taormina-USA TODAY Sports

With none of their major free agent targets materializing thus far, the Houston Rockets have been content to mostly just “run it back,” and that continues with today’s report that Austin Rivers is back in H-town on a two-year deal.

Financial terms of the contract have yet to be released, but there was speculation that Rivers might see a big offer somewhere else, so it will be interesting to see if the Rockets had to dip into their remaining $5.7 million of the MLE in order to make this happen.

UPDATE: Rivers has signed for the veterans minimum, leaving Houston the rest of their MLE to work with still.

Regardless, Rivers was a good fit with the Rockets last year and was extremely happy playing for Mike D’Antoni and alongside James Harden and Chris Paul, so this was a good move.

In addition, I have a better chance of suiting up in Summer League than Chris Paul does of playing an 82-game regular season, so the Rockets were always going to be in the market for another point guard. They now have one that knows the system, the locker room, and the city, so kudos from me on this signing.