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AP Source: Rockets, Nene reach agreement a 2nd time

The Houston Rockets and Nene have a contract – again.

A person with knowledge of the situation tells The Associated Press that the Rockets agreed to terms with Nene on a three-year deal worth $11 million. It comes one day after an initial agreement fell apart because it violated rules of the Collective Bargaining Agreement. The person requested anonymity Sunday because a contract cannot be signed until Thursday.

Nene initially agreed to a four-year, $15 million deal. But the deal violated a rule for players who will be 38 during the contract and so Nene became a free agent again.