Rockets Sign Greg Smith

February 9 2012 at 8:00am CDT By Luke Adams

The Rockets have officially signed Greg Smith to a three-year contract, according to Jonathan Feigen of the Houston Chronicle. The deal is worth the pro-rated portion of the rookie minimum this season, is partially guaranteed for year two, and has a team option for the third year. The team waived Jeff Adrien to clear a roster spot.

Smith, 21, had averaged 16.8 points, 8.3 rebounds and a .677 FG% in 18 games for the D-League's Rio Grande Valley Vipers this season. The Fresno State product, who spent time with the Rockets during training camp, was drawing interest from around the league, Feigen adds.

Feigen first reported that the Rockets had reached an agreement with Smith, while Sam Amick of SI.com added that the deal was expected to be for multiple years.

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