DeMarre Carroll and the San Antonio Spurs have agreed to a contract buyout.

Carroll's negotiations with the Spurs were on guaranteed money of $2.3 million for the rest of this season, $6.65 million in 2020-2021 and $1.35 million in 2021-22.

Carroll will sign with the Houston Rockets upon clearing waivers.

Carroll signed a three-year deal with the Spurs this past offseason.