The Houston Rockets have reached a sign-and-trade agreement with the Detroit Pistons for free agent center Christian Wood, per multiple reports.
According to Adrian Wojnarowski of ESPN, Wood will receive a three-year contract worth $41 million.
“That’s a significant increase on what was reported earlier and it means it’ll have to be a sign-and-trade rather than a move that uses Houston’s mid-level exception,” explained Luke Adams of Hoops Rumors. “It’ll presumably be folded into the not-yet-official trade sending Trevor Ariza from the Rockets to the Pistons.”
Wood, 25, is 6-foot-10 and coming off a breakout season in which he averaged 13.1 points and 6.3 rebounds in 62 games with the Pistons.
He has also spent time with the New Orleans Pelicans, Milwaukee Bucks, Charlotte Hornets and Philadelphia 76ers in his five NBA seasons.