Guard Vassilis Spanoulis signs with Rockets

Updated: July 20, 2006, 10:51 AM ET
Associated Press

HOUSTON --The Houston Rockets signed Greek guard Vassilis Spanoulis to a multiyear contract on Thursday.

Spanoulis averaged 15.5 points and 3.1 assists in 23 games of Euroleague play with Panathinaikos AO Athens last season. He shot 62 percent from the field and 37 percent from 3-point range.

The Rockets originally acquired the draft rights for Spanoulis in 2004 in a trade with Dallas for the draft rights to Luis Flores.

Spanoulis helped Panathinaikos win the 2005-06 Greek National League title and the 2006 Greek National Cup. He played in the 2004 Olympics in Athens and won a gold medal with Greece at the 2005 European Championship.

Spanoulis will play for Greece in the World Basketball Championships in Japan next month.

Copyright 2006 by The Associated Press