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Rivers, 28, settled into a bench role there, averaging 8.8 points in 23.4 minutes per game last season. He was set to make under $2.4 million this season with the Rockets but decided to opt out of his contract.
The No. 10 overall pick in the 2010 draft, Rivers never lived up to his billing as a top prospect heading into his freshman year at Duke. But the son of Sixers coach Doc Rivers has turned himself into a capable pick-and-roll ball handler and proved especially useful in Houston as a third option behind James Harden and Russell Westbrook.