Houston Rockets: Houston We Have A Howard!

Credit: Jayne Kamin-Oncea-USA TODAY Sports

News has not been officially announced but USA TODAY is reporting that Dwight Howard has signed with the Houston Rockets.  Take a breath.

Howard and his representatives still need to go through details of a proposed contract with the Rockets.

“He hopes to finalize his decision [Friday night] or [Saturday] morning,” Howard’s agent, Dan Fegan, told Yahoo! Sports.

Howard can not officially become a Rocket till July 10th.

Howard is eligible for a four-year, $88 million maximum deal from the Rockets unless they negotiate a sign-and-trade deal with the Lakers.

This news comes at the tail end of a whirlwind day of moves by the Golden St. Warriors, who appeared to be makin moves for Howard, but instead signed Andre igoudala to a four-year deal for $48 million.

Because the 29-year-old swingman was the Nuggets’ free agent, Denver was able to offer him a five-year contract while other organizations could offer him only four years.Iguodala opted out of the last year of his deal with the Nuggets, which would have paid him $16 million for the 2013-14 season.

According to the San Jose Mercury News, the Warriors cleared the cap space needed by trading the expiring contracts of Andris Biedrins, Richard Jefferson and Brandon Rush to Utah.

And just when you thought Omar Asik had no emotions:

Despite confusion over Dwight Howard’s decision, teams already making trade pitches for Omer Asik, who wants out of Houston, source says.

— Ken Berger (@KBergCBS) July 5, 2013

Now the Rockets aim their sights at Josh Smith, who will now have a chance to join his childhood friend in Houston.