After head coach Mike D’Antoni ended contract extension negotiations with the Rockets on Thursday, details about the offer that Houston made to D’Antoni began to trickle out.
According to Jonathan Feigen of The Houston Chronicle, team owner Tilman Fertitta claimed that the Rockets offered D’Antoni a one-year, $5MM extension which could have increased in value based on Houston’s performance in the playoffs. As Fertitta described it, the deal – which would’ve been a raise on D’Antoni’s current $4.5MM salary – would’ve paid the head coach an extra $1MM for every series the Rockets won.
“We didn’t end extension talks,” Fertitta said. “Agents’ jobs are to play hardball. I made Mike a great extension offer. It was one of the better base salaries in basketball but also had the highest incentives in basketball. Mike could make $4MM in incentives. Business is business. I’m a very incentive-based guy. If you perform, I want you to do unbelievable.”
However, addressing that offer today, D’Antoni’s agent Warren LeGarie portrayed it a little differently. As Feigen relays, LeGarie said that D’Antoni’s $1MM bonuses wouldn’t have started until the second round, and that he wouldn’t have earned his full $5MM base salary if he had been fired or if the Rockets failed to make the playoffs.
“The reported $5MM is really $2.5MM because it comes with contingencies,” LeGarie said. “One, it’s only $5MM if he makes the playoffs and two, if he is coaching the team at the end of the year. If they decide to fire Mike in the proverbial change of direction, he gets $2.5MM. If there is an injury or a change in the roster construction, of which Mike has no control, he nonetheless would become a victim of it.”
LeGarie emphasized that D’Antoni wasn’t “insulted” by the offer, but said it didn’t make sense for their side, based on the current market for coaches of D’Antoni’s stature.
Here’s more on the Rockets:
- Despite rumors that the Rockets are making virtually everyone except for James Harden available on the trade market, Fertitta and general manager Daryl Morey praised the club’s starting five and predicted it would return next season, per Feigen.
- According to Feigen, Morey said he hopes to use the Rockets’ mid-level exception to add a “high-quality” player to the roster, signaling that he’ll try to use it on a single player rather than multiple pieces.
- More from Morey, via Feigen: “Whatever it takes to get over that final hump to get a championship, that’s what we’re going to do. On the coaching front, I … recommended we make some changes. If there’s a trade out there that helps us, great, we’ll do that as well. Our starting five this year I would put up there with anyone. If there’s a trade out there that helps, we’ll do that. We’re going to keep all of our key people.”
- As Sean Deveney of Sporting News details, executives around the NBA still like Chris Paul as a player, but view his contract as one that would be hard for Houston to move in a trade. “It will have to be a salary dump,” one front-office executive said. “You might get back a decent player and a draft pick. But mostly, it is getting that contract off your books for the next three years. … If you’re Houston, you’re happy just to move him along and let someone else pay him. But you’re going to have to take back a bad contract in the bargain.”