NBA free agency got off to a rip-roaring start and the Houston Rockets were intent to not be left behind. While the Miami Heat stole the show on the first night of free agency, the Rockets made two smart signings in the background to round out their rotation.
The Rockets' first foray into 2021 free agency added a fresh face and brought back a familiar one. David Nwaba was retained on a three-year $15 million contract and Daniel Theis was signed away from Chicago on a four-year $36 million contract.
Daniel Theis and David Nwaba fill serious needs for the Houston Rockets
The Rockets shored up two areas of need by bringing in Theis and re-signing Nwaba. Theis gives the Rockets depth and versatility in the frontcourt and Nwaba adds wing defense alongside Jae'Sean Tate. It remains unlikely that their offseason is over but these are two smart moves that should pay dividends.
With every transaction, there are positives and negatives, and these two deals are not immune. The Rockets are in the midst of a rebuild where adding veteran talent is a double-edged sword. Yes, Theis and Nwaba make the Rockets better, but at what cost?
The pair are under contract past the summer of 2023 eating into what could have been an unprecedented amount of cap space. Not to mention the Rockets just drafted two frontcourt players in Alperun Sengun and Usman Garuba.
The Rockets' first two moves in free agency weren't blockbuster moves but that doesn't mean they weren't valuable. Here are the Houston Rockets' grades for re-signing David Nwaba and signing Daniel Theis.