Rockets To Sign Scott Machado

September 8 2012 at 11:36am CST By Chuck Myron

SATURDAY, 11:36am: The contract is structured as a two-year deal with a team option in year three, tweets Adam Zagoria of ZagsBlog.

TUESDAY, 6:58pm: The Rockets will sign undrafted point guard Scott Machado, reports Jonathan Feigen of the Houston Chronicle. Machado was a part of Houston's summer league team in Las Vegas after going undrafted out of Iona this June. The deal will be partially guaranteed and cover three years, and probably won't be for much more than the minimum.

Machado will join a crowded Rockets roster that will include 20 players once the signing becomes official, which most likely will take place on Thursday, Feigen says. The team waived Sean Williams last week, but Houston will have to make more moves before the regular season starts to get down to the 15-player limit. Since Machado's contract includes at least a partial guarantee, he's unlikely to be waived, and by rule he can't be traded until December 15th. He'll compete with Courtney FortsonToney Douglas and Shaun Livingston for minutes behind starting point guard Jeremy Lin.

Machado averaged 13.6 points and 9.9 assists for Iona this year, beating out Kendall Marshall's average of 9.7 to lead the nation in assists per game. In five summer league contests for the Rockets, he notched 8.0 PPG and 5.6 PPG, including 20 points in one game and 10 assists in another. Last week, a report indicated he was drawing overseas interest, but it looks like Machado will remain stateside for 2012/13.

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