HOUSTON – Houston Rockets General Manager Daryl Morey announced today that the team has signed forward Kostas Papanikolaou.

Papanikolaou (6-9 225, Greece) was drafted 48th overall in the 2012 NBA Draft by the New York Knicks. On July 16th, 2012 his rights were acquired by Portland in a trade that sent Raymond Felton to New York. Houston later acquired his rights in a trade that sent Thomas Robinson to Portland on July 10, 2013.

The Greek forward spent last season overseas playing for FC Barcelona of the Spanish Liga ACB, where he won the 2013-14 Spanish National Champiosnhip. Papanikolaou averaged 6.9 points and 3.4 rebounds in 25 minutes per game with FC Barcelona during the 2013-14 season. The 24 year old spent the previous four seasons (2009-2013) with Olympiacos BC in his native Greece. In his stint there, Papanikolaou won two Euroleague Championships (2011-12, 2012-13), the Greek League Championship (2012) and two Greek Cup Championships (2010, 2011). He was also named Euroleague Rising Star (2013), Greek League All-Star (2013), two-time Greek League Best Five Team (2012, 2013), and two-time Greek League Best Young Player (2009, 2012).

Kostas Papanikolaou has played with two current Rockets in his time overseas. He shared the floor with Joey Dorsey during the 2013-14 campaign on FC Barcelona and played alongside Patrick Beverley in 2012-13 with the Olympiacos.