Report: Nene returning to Rockets on four-year, $15 million contract

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Update: Nene, because he turns 35 before the season, might not be eligible for this contract as reported. As pointed out here:

 

Nene said playing for the Rockets last season “brought the real Nene back.” So, of course, he wanted to return to Houston.

He’s getting his wish.

Jonathan Feigen of the Houston Chronicle:

David Aldridge of NBA.com:

The Non-Bird Exception allows Houston to pay Nene $14,953,680 over the next four years. Safe to say, that’s the precise amount he’s getting. Any more would eat into the mid-level exception.

That’s a lengthy outlay for someone who turns 35 before the season, but at that price, it’s worth it.

Nene might even have a bigger role next year. As the Rockets shop for a third star to complement James Harden and Chris Paul (it won’t be Paul George), starting center Clint Capela might be their biggest trade chip. Nene offers insurance at center. More likely, he’ll remain Capela’s helpful backup.