Rockets to convert contracts of rookies Ponds, McDowell-White

Former St. John's point guard Shamorie Ponds has agreed to a deal with the Raptors.

The Houston Rockets are converting the Exhibit 10 deals for rookie guards Shamorie Ponds and William McDowell-White to two-way contracts, according to Adrian Wojnarowski of ESPN.

The Rockets are currently the only team without a two-way player, but signing Ponds and McDowell-White will fill both of those spots. Each team is allowed two two-way players, who are likely to spend most of their time in the G League.

Both Ponds and McDowell-White went undrafted, then signed with the Rockets summer team.

Ponds is 6-foot-1 and averaged 19.7 points and 5.1 assists in 33 games as a junior at St. John’s last season. Some mock drafts had him projected as a late first-round pick midway through the college basketball season.

McDowell-White is 6-5 and became draft eligible after playing in Australia and Germany.

Ponds, White and undrafted guard Chris Clemons to Exhibit 10 camp deals July 3. It’s not clear what the Rockets’ plans are for Clemons at this point, though it’s likely last season’s NCAA leading scorer will at least play for their G League squad.