Rockets Sign Aaron Brooks

12:14pm: The Rockets have officially signed Brooks, the team announced in a press release.

TUESDAY, 8:06am: The agreement between Brooks and the Rockets, which isn't official yet, will pay Brooks $2.5MM this season and includes a team option for $2.5MM next season, tweets Sam Amick of USA Today. Houston will sign Brooks using its excess cap space.

MONDAY, 7:24am: The Rockets have agreed to sign free agent guard Aaron Brooks, a source tells Adrian Wojnarowski of Yahoo Sports (on Twitter).  The deal includes a team option for the 2013/14 season, according to Wojnarowski (Twitter link).

Brooks and the Kings reached agreement on a contract buyout on Friday and the guard cleared waivers earlier this evening.  The Rockets have been heavily linked to Brooks over the last few days as both sides were said to have interest in a reunion.

The 28-year-old has started 20 games for the Kings this season, but averaged just 10.9 minutes per game last month as he fell behind Isaiah Thomas and Jimmer Fredette on the depth chart. Brooks averaged a career low 8.0 PPG and 2.3 APG, a significant drop from the 19.6 PPG and 5.3 APG he had for Houston in 2009/10.  The guard was taken by the Rockets with the 26th pick in the 2007 draft and spent the first three-and-a-half years of his career there.

The Rockets have a full 15-man roster and will have to release someone to make room for Brooks.

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