Wall did not play last season as the Rockets sought a trade, and both sides are expected to work on a resolution ahead of next season, per Charania.
Wall, 31, appeared in 40 games in 2020-21, his first with the Rockets, averaging 20.6 points and 6.9 assists. Along the way, he proved to be a leader and a true professional in a losing situation.
He did not play the year before that after suffering a left heel/Achilles infection. In all, he has played just 72 games over the previous five seasons.
The No. 1 overall pick in the 2010 NBA Draft, Wall spent the first nine years of his career with the Wizards.
Hoops Wire will have more on what’s next for Wall, agent Rich Paul and the Rockets as the story develops. Until then, you can check out our Rockets page right here.