Rockets Sign, Waive Joshua Obiesie

SEPTEMBER 29: Obiesie has been waived, per’s official transactions log.

AUGUST 1: The Rockets officially signed Joshua Obiesie to a one-year contract, having completed the move last Friday, according to RealGM’s NBA transaction log.

According to Keith Smith of Spotrac (Twitter link), it’s a non-guaranteed training camp deal that includes Exhibit 10 language.

Obiesie has played the past six seasons for teams in Germany. The 6’6″ wing declared for the 2019 NBA draft but ultimately went undrafted. Still just 23 years old, Obiesie averaged 12.1 points and 3.2 assists per game last year for the Fraport Skyliners.

Obiesie is the first reported training camp contract for the Rockets, who have one two-way contract roster spot open. The signing gives Houston 16 players on its roster — 12 on guaranteed standard contracts, one on a partially guaranteed deal, a pair on two-way pacts, and now Obiesie on an Exhibit 10 contract.

Obiesie’s contract is eligible to be converted into a two-way deal, which could be in play if he impresses in camp. If he’s cut, clears waivers, and remains stateside, the Rockets would control his G League rights. In that scenario, Obiesie could earn a bonus worth up to $75K if he joins Houston’s G League affiliate, the Rio Grande Valley Vipers, and spends at least 60 days with the club.

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