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Fast Breaks: Ferguson, Rockets, Fredette

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First-round draft pick Terrence Ferguson has officially signed a rookie-scale contract with the Oklahoma City Thunder, according to ESPN.

FIBA clearance issues had been holding up the deal.

As Hoops Rumors explained: "The 19-year-old, who played for an Australian team last season, received clearance from FIBA to play in the NBA earlier today. Up until today, Ferguson was not eligible to sign an NBA deal because of the contractual conflict with his international club. He was also unable to play for the Thunder’s Summer League team because of the previously made agreement."

Ferguson is 6-foot-7 and was selected with the No. 21 overall draft pick.

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Here's more from around the NBA:

  • Free agent guard Demetrius Jackson has agreed to a two-way deal with the Houston Rockets, according to Basketball Insiders. Jackson is a 6-1 guard and was recently waived by the Boston Celtics. He is entering his second pro season.
  • Free agent forward Donatas Motiejunas, who was at the center of one of the stranger free agency stories last season, is likely to play overseas, per multiple reports. Motiejunas last played for the New Orleans Pelicans but is now drawing little interest around the NBA.
  • Former NBA lottery pick Jimmer Fredette has re-signed with the Shanghai Sharks of China. Fredette's deal is worth $1.8 million next season and $3.6 million through 2019, according to David Pick. The contract includes an NBA out, Pick reported.
  • The Charlotte Hornets have waived point guard Briante Weber, according to the Charlotte Observer. Weber averaged 3.1 points in 20 games last season.
  • Former Orlando Magic GM Otis Smith has withdrawn from consideration for the Sacramento Kings' VP of basketball operations vacancy, per the Los Angeles Times.