What happened: The Houston Rockets officially announced the signing of free agent guard Marcus Smart. The move finalizes the two-year, $13 million agreement reported earlier this month.
Why it matters: Smart reaches Houston after declining his $5.4 million option with the Lakers and entering unrestricted free agency. The Rockets have been reshaping their backcourt and wing rotation this offseason, having also sent Dorian Finney-Smith and three picks to Charlotte.
By the numbers: Two-year, $13 million contract, per prior reporting on the agreement.
What to watch: Smart joins Houston's roster as the team builds toward training camp for the 2026-27 season.