MONDAY, 12:11pm: The Rockets have officially announced the signings of both Covington and Young in a press release. Isaiah Canaan's signing was formally announced within the same release.
SUNDAY, 12:40pm: Robert Covington went undrafted out of Tennessee State last month, but he reportedly reached an agreement on a partially guaranteed two-year deal with the Rockets soon after the draft. It appears the deal has been finalized, as Covington tweets that he's signed his contract, and GM Daryl Morey also took to Twitter to welcome him to the team. Morey also welcomed former Arkansas point guard B.J. Young in the same tweet, though no official announcement has been made.
The 6'7" Covington averaged 17.0 points and 8.0 rebounds per game as a senior last season for Tennessee State, which competes in the Ohio Valley Conference. The 22-year-old saw fewer minutes per outing for the Rockets summer league team in Orlando this past week, but he still managed 12.4 PPG and 5.0 RPG in 23.4 MPG.
The partial guarantee on Covington's deal is likely around $150K, as Jonathan Givony of DraftExpress noted when he broke the story of his agreement last month. Presumably, the full amount is equivalent to the minimum salary.