SEPTEMBER 23: Nearly three months after agreeing to terms with Payton, Taylor, and Wiltjer, the Rockets have officially signed them, announcing the moves today in a press release. The team also confirmed the previously-reported signing of Bobby Brown, formally announcing its 18-man roster for training camp.
While the deals for the three undrafted rookies were initially reported to be three-year agreements, the Rockets have since used up their cap room, limiting the team to two-year, minimum-salary pacts. Jonathan Feigen of The Houston Chronicle reported this week that two-year contracts were likely for all four players.
JUNE 24: The Rockets drafted two players in the second round on Thursday night, and supplemented their rookie class shortly after the draft ended by agreeing to terms with three free agents who went undrafted.
Chris Haynes of Cleveland.com first reported (via Twitter) that Houston had agreed to a three-year deal with former Oregon State guard Gary Payton II, with Shams Charania of The Vertical reporting (via Twitter) that former Texas guard Isaiah Taylor had also agreed to a partially-guaranteed contract with the Rockets.
Jonathan Feigen of The Houston Chronicle (via Twitter) confirms those two deals, and adds former Gonzaga forward Kyle Wiltjer to the list of Rockets’ signees. All three players will ink three-year contracts that feature team options, according to Feigen.
Payton, Taylor, Wiltjer were all viewed as top-75 prospects by Jonathan Givony of DraftExpress.com, who ranked them 48th, 67th, and 75th, respectively, in his top 100. There’s no guarantee any of them will earn spots on the Houston’s regular-season roster for 2016/17, but whether or not they make the cut, they could end up spending some time with the Rio Grande Valley Vipers, the Rockets’ D-League affiliate.
Exact terms of the three deals aren’t known, and they haven’t been officially finalized yet, but I’d expect minimum-salary pacts, with most – or all – of the guaranteed money coming in the first year.