Jackson was waived by the Rockets on Thursday, Shams Charania of Yahoo Sports reports.

Jackson had his team option for the 2018-19 campaign exercised at the end of June, but the Rockets are changing course and are now set to release the 32-year-old guard. The expectation is that Jackson will pursue an overseas opportunity in China, though he could join an NBA team in the second half of the 2018-19 schedule once his season overseas is completed.

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