WEDNESDAY, 11:10am: The Rockets have officially announced the deal, via press release. The statement doesn’t mention the team’s reported release of Pittman, but presumably that’s taken place, as well.
10:57pm: Powell passed his physical, signed his contract, and is joining the team soon, tweets Mark Berman of Fox 26 Houston.
12:31pm: It’ll be a multiyear deal that’s non-guaranteed beyond this season, reports Shams Charania of RealGM.
TUESDAY, 7:51am: Sources tell Mark Berman of Fox 26 Houston that Powell has received his FIBA letter of clearance, and that he’ll sign with the team on Tuesday as long as he passes his physical.
MONDAY, 11:35am: The Rockets will make a move by Wednesday, but no decision regarding Powell has been finalized, Feigen tweets.
SUNDAY, 4:51pm: Reports out of the Philippines say the Rockets, who were earlier reported to be releasing Dexter Pittman, now intend to sign Josh Powell to take his place on the roster, tweets Jonathan Feigen of The Houston Chronicle. Powell had been playing with Barangay Ginebra in the Philippines after signing with the team on March 30th.
Powell was in camp with the Knicks prior to the start of the 2013/14 NBA season, but the team reportedly had no intention of retaining him for opening night, no matter how well he played in preseason. He was waived by the Knicks in October then penned a deal with Guangdong where he averaged 15.0 PPG and 9.9 RPG, before heading to the Philippines.
In six seasons in the NBA he has career averages of 3.9 PPG, 2.9 RPG, and 0.5 APG in 12.5 minutes per contest, but Powell is best known for being a member of two championship winning Lakers teams in 2009 and 2010.