AUGUST 21, 4:22PM: The signing is official, the team tweets.
JULY 28, 11:08PM: Two weeks after being waived by the Celtics, Demetrius Jackson has found a new home. According to Michael Scotto of Basketball Insiders (Twitter link), Jackson has agreed to terms on a two-way contract with the Rockets.
[RELATED: 2017/18 NBA Two-Way Contract Tracker]
Jackson, who will turn 23 in September, was the 45th overall pick in the 2016 draft and signed an NBA contract with the Celtics. However, given the crowded depth chart in Boston, the Notre Dame product didn’t see much action for the C’s, briefly appearing in just five games. He did play in 32 games for the Maine Red Claws, averaging 14.8 PPG, 6.0 APG, and 5.1 RPG in the G League.
With the Celtics adding several new players to the roster this offseason, there wasn’t room for Jackson, whose salary was partially guaranteed. His new two-way contract with the Rockets will have a modest starting salary, but taking into account the money he’s still earning from the Celtics, Jackson could end up earning close to the NBA minimum if he spends a portion of the season with Houston’s NBA team.
Jackson worked out earlier this week for the Hornets, who were on the lookout for a possible third point guard.
For more details on how two-way contracts work, be sure to check out our FAQ.