Sources told ESPN.com that Dalembert has agreed to a two-year deal worth $13.7 million -- $7 million this season and $6.7 million in 2012-13. But the Rockets have a team option for the second season that would allow them to buy out of the contract for a fee of $1.5 million.
Dalembert told Fox Sports Florida on Tuesday night that he was on the verge of re-signing with the Sacramento Kings, but the Kings issued a news release Wednesday afternoon saying they had withdrawn their offer to Dalembert.
The Rockets thought they had Gasol, too, only for NBA commissioner David Stern to step in and veto a three-team trade that would have sent Chris Paul from the league-owned New Orleans Hornets to the Lakers and Gasol to Houston.
Paul was subsequently traded to the Los Angeles Clippers. With its No. 1 free-agent target Nene having also elected to re-sign with the Denver Nuggets, Houston moved Wednesday to seal a deal with Dalembert before Sacramento could finalize a deal to keep the Haiti native.
Marc Stein is a senior NBA writer for ESPN.com.