After resigning Chris Paul, the Houston Rockets are pretty strapped for free cash to spend on free agents so they are looking for cheaper options to fill out their roster; enter Michael Carter-Williams.

According to Zach Lowe of ESPN, the Rockets have set up a meeting with Carter-Williams on Sunday.

Carter-Williams was taken with the 11th pick in the 2013 NBA draft by the Philadelphia 76ers and was impressive in his rookie year. He played in 70 games where he averaging 16.7 points, 6.3 assists, and 6.2 rebounds on his way to winning the Rookie of the Year. There were some who believed that the next superstar was budding, but since his rookie year, he has been quite the disappointment.

He has bounced around the league the last few years, spending time last season with the Charlotte Hornets. He played in 52 games with them averaging only 4.6 points and shooting only 36.5 percent from the field.

Carter-Williams still has some good years left in him, but he doesn't do something that the Rockets love to do, and that is to shoot the three ball. He is only a career 25 percent shooter from deep, so maybe the Rockets think he can improve or they just don't plan on him shooting many shots from deep.

The Rockets lost Trevor Ariza to the Phoenix Suns in free agency and it would seem that the team would want to replace him with another 3-point shooter, but maybe they are deciding to go in another direction.

If the Rockets do decide to sign Carter-Williams, don't expect it to be for much more than the veteran's minimum.