Updating a previous note, Williams will not be released by the Rockets after further discussions, Shams Charania of Yahoo Sports reports.

EDGE Analysis

The Rockets will still have to release a player from their current roster if they want to sign Joe Johnson, but it will not be Williams after all. Williams will likely continue to bounce back and forth between Houston and the G-League's Rio Grande Valley Vipers this season while remaining a deep option option for the Rockets.