Report: Rockets convert Armoni Brooks to two-way contract

Brooks was also on a two-way contract last season, and the conversion allows him to play for most of the 2021-22 season with the Rockets.

Houston has converted the contract of second-year sharpshooter Armoni Brooks to a two-way deal, Keith Smith of Spotrac reported late Wednesday. Brooks also played on a two-way contract last season.

Each NBA team can only have two players on two-way contracts, and entering Wednesday, the Rockets had Anthony Lamb and Tyler Bey signed to two-way deals. One of those players will presumably need to be let go from that contract in order to make room for Brooks.

Under the terms of a two-way, Brooks will be able to shuttle back and forth this season between the Rockets and Houston’s G League affiliate, the Rio Grande Valley (RGV) Vipers. The 23-year-old will be eligible to play in up to 50 of the Rockets’ 82 regular-season games, and he will receive a flat salary of $462,629 (half of the rookie minimum).

Brooks was brought to 2021-22 training camp by the Rockets on an Exhibit 10 contract, but he had to be converted to either a two-way deal or a standard contract to stick around for the regular season.

The 6-foot-3 guard has played well in the preseason, averaging 10.0 points (56.3% on 3-pointers) in just 13.2 minutes over Houston’s first three exhibitions. Clearly, that was enough for general manager Rafael Stone and head coach Stephen Silas to want to keep Brooks around.

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