Center Daniel Theis has signed a $36 million, four-year deal with the Houston Rockets agents Michael Tellem & Aaron Mintz informed ESPN's Adrian Wojnarowski Monday.
Sources told ESPN that the Rockets will use the $8.28 million trade exemption created by the Victor Oladipo agreement with the Miami Heat in order to acquire Theis in sign-and-trade negotiations with the Chicago Bulls. This allows the Rockets their $9.5 million midlevel exemption and creates a large trade exception for Bulls.
The Rockets expect that Theis, who is 29 years old, will be a strong, experienced, and defensive-minded addition to their young core. Christian Wood, Kevin Porter Jr., and Jalen Green were the 2nd overall picks.
Theis, who is 6'8 and 245 lbs, has shown himself to be a versatile big-man. He can compete against any center, except when he's up against 76ers star Joel Embiid.
Theis was able to replace Al Horford in the Boston Celtics' starting lineup for 2019-20. He was a key player in coach Brad Stevens’ rotation until he was traded by the Celtics to avoid the luxury tax. Theis played alongside All-Star Nikola Vucevic in Chicago and showed some of his versatility, helping them reach the 2020 Eastern Conference finals.
Theis, a German native with many seasons of experience in Europe, averaged 9.4 point, 6.0 rebound and 1.1 blocks per match over the past two seasons.