Dorsey re-signed Monday with FC Barcelona Basquet of the Spanish ACB League on a two-year contract worth more than $1 million, international basketball writer David Pick reports.

Dorsey and the Nuggets reached a buyout agreement Tuesday, Chris Dempsey of the Denver Post reports.

Dorsey was traded to Denver as part of the Ty Lawson deal on Sunday, Adrian Wojnarowski of Yahoo! Sports reports.

That doesn't mean he's got fantasy value. He managed four points and six rebounds in 20 minutes Friday night.

Houston Rockets sign F/C Joey Dorsey. Dorsey's agreed to a two-year, $2 million deal with the Rockets on Tuesday, according to Adrian Wojnarowski of Yahoo Sports. The 30-year-old was a second-round pick in the 2008 NBA Draft and last played an FC Barcelona that went to the Euroleague Final Four. Dorsey will see some minutes backing up Dwight Howard, but he shouldn't be on any fantasy radars right now.