The Houston Rockets reached a contract agreement with Chase Budinger, according to his agent Kevin Bradbury.

Bradbury told FOX 26 Sports that Budinger's deal with the Rockets is for two years with team options for two more years.

"This is a great opportunity for Chase," Bradbury said. "The Rockets really stepped up by giving him a deal that is comparable to what a first rounder would receive.

"Chase is excited about the opportunity and feels there is a spot for him there."

Via Fox 26 Houston

Houston Rockets

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