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Steve Francis will come back to Houston where he began his NBA career.
Francis signed a two-year deal Thursday. He was a three-time All-Star with the Rockets before getting traded to Orlando after the 2003-04 season.
Francis passed on better offers from the Miami Heat, Dallas Mavericks and Los Angeles Clippers.
Dealt by the New York Knicks to the Portland Trail Blazers after the season, Francis accepted a buyout of the last two seasons of his contract, worth roughly $30 million, to become a free agent.
Francis’ two-year contract is worth $2.4 million the first year. He can opt out after one season.