The person, who spoke on the condition of anonymity because NBA rules prohibit announcing free-agent deals until next week, said the Rockets offered Ariza the full mid-level exception for the first year, about $5.6 million.
Ariza is coming to Houston just as Ron Artest decided to leave and play for the Lakers. Ariza is likely to take Artest's spot in the Rockets' starting lineup.
The 6-foot-8 Ariza averaged 8.9 points, 4.3 rebounds and 1.8 assists for the Lakers last season, which ended with the NBA championship.
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