Houston picks up Novak's option

[drewm88]

He'll make about 800 grand next season.

http://insider.espn.go.com/nba/features/rumors

Edit: Sorry, just realized that's an Insider link. Here's the text:
The Rockets did avoid free agency with Steve Novak, their 2006 second-round pick. They exercised their option to extend Novak's contract for a third season at $797,581.

And the Houston Chronicle link:
http://www.chron.com/disp/story.mpl/sports/5865083.html