TUESDAY, 10:18am: Jonathan Feigen of the Houston Chronicle confirms that a Dragic/Rockets reunion appears very unlikely, noting that yesterday's meeting ended with a "thanks and good luck" kind of exchange (Twitter links).
MONDAY, 11:19pm: The Rockets are offering $8MM a year, tweets Alex Kennedy of HoopsWorld.
10:39pm: Reports have indicated the Rockets were frontrunners to re-sign Goran Dragic, but that's "not going to happen," a source tells ESPN.com's Marc Stein. The sides are far apart in negotiations, and Dragic left Houston on Monday after meeting with the team, reportedly to visit Phoenix on Tuesday.
Dragic has set his price at $10MM per year, a steep figure considering he was Houston's backup point guard until Kyle Lowry was sidelined with a bacterial infection midway through this season. Dragic averaged 16.3 points and 7.3 assists per game after the All-Star break to thrust him into the top tier of free agent point guards. Dragic made $2.1MM last year in the final season of a four-year, $7.6MM contract.