Carmelo Anthony has verbally agreed to sign with the Houston Rockets after clearing waivers last week, according to Yahoo Sports' Shams Charania. The deal is expected to be the veteran's minimum of one year, $2.4 million.

This deal comes at the heels of a buyout with the Atlanta Hawks, which allowed him to retain the full $27.9 million owed to him during the last season of his previous max contract after taking $2.4 million less in the process, only to gain it back with the Rockets.

Melo was traded to the Hawks by the Oklahoma City Thunder after both parties chose to part ways coming off an unsuccessful season where Anthony averaged only 16.2 points per game on 40 percent shooting while the re-bolstered team saw a quick first-round exit.

Anthony was asked to come off the bench — a petition the front office knew would have pretty slim possibilities of coming to fruition, mutually agreeing to go their different ways after only one season together.

The 6-foot-8 forward was then part of a three-team trade with the Hawks and Philadelphia 76ers, only extending the process of joining his next team.

Houston is hoping that his long rapport with point guard Chris Paul, who inked a four-year, $160 million deal of his own this summer, would allow him to flourish within the system as Paul quarterbacks operations and gets him in the best potential situations to exhibit his talent.

Despite a down year in 2017-18, Anthony was coming off 14 straight seasons averaging 20 or more points per game — a feat only done through the longevity of a career by Michael Jordan, LeBron James, and Kevin Durant.