Rockets waive three players

The Houston Rockets have officially waived Bryce Harris, Cameron Matthews, and Caleb McConnell, according to the NBA transaction log. All three players were signed to Exhibit 10 contracts and are anticipated to join Houston's G League affiliate, the Rio Grande Valley Vipers. If they remain with the affiliate for at least 60 days, each player will be eligible for a bonus of up to $91,000.

Houston faces further roster moves before Monday's deadline as it currently carries 16 standard contracts, exceeding the league limit by one. Additionally, the Rockets sit just $14,000 below the luxury tax threshold, meaning the team is expected to leave its 15th standard roster spot open to avoid tax penalties, necessitating another departure before opening night.