Joe Johnson Reaches Buyout With Kings, Will Sign With Rockets

FEBRUARY 11, 5:34pm: The Kings have officially waived Johnson, the team announced on its website. Since the transaction was finalized today, Johnson will clear waivers on Tuesday.

FEBRUARY 10, 10:17am: Veteran Joe Johnson is expected to sign with the Rockets now that his buyout with the Kings has been finalized, ESPN’s Adrian Wojnarowski reports. Johnson will clear waivers on Monday and be free to sign with Houston immediately.

Johnson, 36, was traded to the Kings on Thursday as part of a three-team deal that included the Cavaliers and Jazz. Once it became clear that Sacramento would likely buyout Johnson, early reports named the Celtics and Warriors as favorites for his services.

Johnson is in the second year of the two-year, $22MM deal he inked with Utah before the start of the 2016/17 season. The seven-time All-Star has been a starter for most of his 17-year NBA career but shifted into a reserve role with the Jazz last season. Johnson missed part of the season with a wrist injury but has averaged 7.3 PPG and 3.3 RPG in 32 games.

“Iso Joe” joins a Rockets team that is just half a game behind the Warriors for the best record in the Western Conference. The Rockets are also expected to sign 11-year veteran Brandan Wright, giving the team’s bench two scoring additions. Houston will have to waive a player, as the team has 14 players signed to guaranteed deals before the additions of Wright and Johnson, tweets ESPN’s Bobby Marks.

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