John Wall and the Houston Rockets have reached an agreement to opt out of his contract, a move that will allow him to sign with the team of his choice, two people familiar with the situation said Monday.
Wall would prefer to sign with the Los Angeles Clippers, according to one of the two people who spoke to The Associated Press on condition of anonymity because the star point guard has yet to make his intentions public.
Wall will receive nearly $41 million from Houston, according to the other person who spoke to the AP. Wall was scheduled to earn $47.4 million next season, the last of him on a four-year deal.
Yahoo was the first to report that Wall and the Rockets had made the decision to opt out of the deal. ESPN was first to report that Wall intends to join the Clippers, presumably on a $6.4 million deal or roughly the same amount he would return to the Rockets to become a free agent. Wall can’t make a deal with any team until he comes off the roster and becomes a free agent.
Wall has been training in recent weeks, including some sessions at the University of Miami.
In the 2020-21 season, he saw action in 40 games with Houston, averaging 20.6 points and 6.9 assists. He played his first nine seasons in Washington and in his career he is averaging 19.1 points and 9.1 assists through 613 regular-season games.
Wall did not play last season with Houston. The Rockets are going through a rebuild with young players, and Wall, who turns 32 in October, doesn’t fit into his plans.
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Sources: Wall will leave Rockets and go to Clippers