The 30-year-old Francis was recently bought out of the remaining two years, $34 million of his previous contract by the Portland Trail Blazers. He received nearly $31 million in the deal.
With money being no factor, Francis chose the Rockets over Miami, Dallas and the Clippers. The Heat are believed to have offered him more money.
According to a person close to Francis, he chose Houston largely because of his familiarity with the organization and the city. He has kept a home there since joining the club in 1999, and it was the site of his best years in the NBA.
As a high-flying point guard for the Rockets, Francis made three All-Star games and was regarded as one of the top players in the league.
Friday, July 20, 2007
Steve Francis Returns to Houston
Steve Francis (1998-99) signed with the Houston Rockets yesterday, getting $6 million for 2 years. Over the past week, Francis has been rumored to be shopping around between Houston, the Los Angeles Clippers, the Miami Heat, and the Dallas Mavericks. From ESPN: