Due to extend-and-trade restrictions, that two-year offer is the most lucrative deal the Rockets could give to Oladipo prior to the offseason, and the fact that he turned it down is unsurprising — before he was dealt to Houston, the 28-year-old reportedly declined an extension offer from the Pacers that would have started at $25MM.
Oladipo, who has long expressed a preference to reach free agency, is seeking a longer-term contract, according to Wojnarowski. Houston will need to decide whether to keep him past the March 25 trade deadline.
Oladipo started the season with the Pacers and was dealt to Houston in January as part of the multi-team trade featuring James Harden. He’s averaged 18.9 points, 4.9 rebounds and 4.8 assists in 13 games with the Rockets this season, shooting 39% from the floor and 29.5% from deep in those contests.
As Wojnarowski notes, the Heat and Knicks are among the teams who have expressed interest in Oladipo. Both teams would have the cap space to sign the two-time All-Star outright in free agency.