Reserve guard Aaron Holiday is back with the Rockets, with Houston using its bi-annual exception (worth just under $5 million annually) to retain him for up to two years. The 2024-25 salary is fully guaranteed, while the subsequent 2025-26 campaign is a team option, per Jonathan Feigen of the Houston Chronicle.
The Rockets are expected to save their non-taxpayer mid-level exception for future trades, so Holiday could be their most expensive signing of 2024 free agency. Other signings appear likely to involve minimum salary exceptions, at least for the time being.
After signing with the Rockets for the league’s minimum salary in the 2023 offseason, Holiday had a solid year in Houston, averaging 6.6 points (44.6% FG, 38.7% on 3-pointers) and 1.8 assists in 16.3 minutes. The 27-year-old was also one of Houston’s top perimeter defenders.
That combination of strong shooting and capable defense seemed to quickly earn the trust of head coach Ime Udoka, and now Holiday will be a bench insurance policy for the Rockets, yet again.
[lawrence-related id=124631,124565]
"Two years, $10M" for Holiday is actually:
2024-25: $4,668,000
2025-26: $4,901,400 (team option)Most of these leaks are coming from agents, who want the biggest, rounded-up-est number possible reported.
— David Weiner #🟦 (@BimaThug) July 1, 2024