4:36pm: The Rockets have officially announced that the team exercised its 2014/15 options on Jones and Motiejunas, tweets Feigen.
OCTOBER 30TH, 10:54am: Houston will officially exercise its options on Jones and Motiejunas today, tweets Feigen.
OCTOBER 20TH, 10:16am: The Rockets plan to exercise their team options on the rookie scale contracts of Terrence Jones and Donatas Motiejunas, according to Jonathan Feigen of the Houston Chronicle. Both are coming off their rookie seasons, so the deadline to officially lock in the third years of their respective deals is October 31st. Jones’ 2014/15 option is worth $1,618,680, while Motiejunas is in line for $1,483,920.
The team is hesitant to turn the power forward position over to either just yet, even though the front office is ready to commit to both through 2015, Feigen writes. Motiejunas started 14 regular season games last season and appeared in 30 others, averaging 5.7 points and 2.1 rebounds in 12.2 minutes per contest. Still, he wasn’t a factor in Houston’s playoff series against the Thunder, notching just five total minutes. Jones saw slightly more time in the playoffs, scoring eight points in 35 total minutes, but he appeared in more D-League games than he did NBA contests last year. Jones put up 19.0 PPG and 9.0 RPG in 24 games for the D-League champion Rio Grande Valley Vipers.
The options, once officially exercised, will add about $3MM to the Rockets payroll for 2014/15, which already includes more than $53.8MM in guaranteed money. Houston will likely operate as an over-the-cap team next summer, unlike this past offseason, when the team used ample cap space to sign Dwight Howard. Keep up with each team’s rookie contract option decisions between now and the end of the month with our updated tracker.