Rockets, D’Antoni Close To Extension Agreement

The Rockets have re-engaged contract extension talks with coach Mike D’Antoni and are close to an agreement, Tim MacMahon of ESPN tweets.

Houston owner Tilman Fertitta has removed the buyout language that was the sticking point when talks previously broke down, MacMahon adds.

D’Antoni is entering the final year of his contract and is due $4.5MM next season. D’Antoni and his agent had broken off negotiations late last month.

Before the breakdown, the Rockets reportedly offered D’Antoni a one-year, $5MM extension which could have increased in value based on Houston’s performance in the playoffs. However, D’Antoni’s agent Warren LeGarie said at the time D’Antoni’s $1MM bonuses for postseason advancement wouldn’t have kicked in 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 Rockets’ brass has made significant changes to D’Antoni staff since the club was eliminated by Golden State in the conference semifinals, parting ways with Jeff BdzelikRoy RogersMitch Vanya, and Irv Roland.

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