JULY 14TH, 4:35pm: The Rockets have officially announced the deal.
JULY 9TH, 11:59pm: The Rockets have yet to make an official announcement, but the signing has indeed taken place, according to the RealGM transactions log.
JULY 3RD, 5:11pm: Free agent swingman Corey Brewer has reached an agreement with the Rockets on a multiyear deal to return to the team, Adrian Wojnarowski of Yahoo! Sports reports (Twitter link). The deal is for three years and $24MM, Wojnarowski notes. The deal contains no options, Ken Berger of CBSSports.com relays (via Twitter).
The Lakers, Pistons and the Knicks were reportedly interested in the Happy Walters client. New York sat down with Brewer today, though no contract offer was said to be made. Brewer, who once played for George Karl, had piqued the interest of some members of the Kings brass, and the Celtics also reportedly spoke with him. However, the 29-year-old out of Florida’s preference was to remain in Houston. Brewer had waived his player option upon the completion of the trade that sent him to Houston this past season with the thought that the Rockets would use Early Bird rights to re-sign him, noted Jonathan Feigen of the Houston Chronicle.
Brewer made 56 appearances for Houston after being acquired from the Timberwolves, averaging 11.9 points, 3.6 rebounds, and 1.7 assists with a slash line of .429/.284/.764. His career numbers are 10.2 PPG, 3.1 RPG, and 1.7 APG. His shooting numbers are .428/.290/.708.