The contract is a three-year deal for slightly more than the minimum. Houston used a portion of its mid-level exception (MLE) to sign Jae’Sean Tate.
The Rockets also signed Christian Wood to a 3-year, 41M deal. But Austin Rivers decided to leave Houston to sign with the New York Knicks.
For the time being, James Harden and Russell Westbrook are still in Houston’s roster.