5:54pm: The Rockets have officially signed Frazier to a two-way contract, the team announced on social media.
Jonathan Feigen of the Houston Chronicle adds that Houston had been impressed with Frazier’s work in the team’s offseason program and that he was expected to compete for a roster spot before hurting his right ankle during training camp. The Rockets had his G League rights, but did not want another team to sign him away.
Frazier was the G League’s Most Improved Player last season after posting 16.9 points, 5.5 rebounds and 3.4 assists in 45 games for the Rio Grande Valley Vipers, Houston’s G League affiliate. He signed with the Rockets at the end of the 2018/19 season before being released earlier this week.
Frazier joins point guard Chris Clemons as Houston’s two-way players for the start of the 2019/20 season.