MARCH 24: The NBA’s official transactions log indicates that both moves are now official. The league’s site classifies Nash’s new deal as a 10-day contract.
MARCH 23: Brandan Wright‘s time in Houston will be coming to an early end, according to Jonathan Feigen of The Houston Chronicle, who reports that the Rockets are waiving the veteran. The team will sign forward Le’Bryan Nash to fill the newly-opened roster spot, Feigen adds.
Wright, 30, received a buyout from the Grizzlies after last month’s trade deadline and quickly reached an agreement to join the Rockets. While the versatile big man was viewed as a good fit for Houston, he only appeared in one game for the club before being shut down due to right knee soreness. Wright underwent a minor procedure to address that issue and will continue to work on his rehab with the Rockets’ medical staff even after being waived, a source tells Feigen.
It sounds like Wright won’t be healthy enough this season to return to the court for the postseason anyway, but even if he were to make a quick recovery, he wouldn’t be playoff-eligible for a new team, since he’s being waived after March 1.
As for Nash, the former Oklahoma State standout played in South Korea this season after spending 2016/17 with the Rio Grande Valley Vipers, Houston’s G League affiliate. I would expect him to be assigned to the Vipers again for the NBAGL playoffs once he officially signs with the Rockets.
It’s also worth noting, as Eric Pincus of Bleacher Report recently observed, that signing a player like Nash to a multiyear, minimum salary deal could help the Rockets accommodate another summer trade like the one they made a year ago for Chris Paul, but that’s merely hypothetical for now.