Rockets Decline Jae’Sean Tate’s Option, Issue QO

JUNE 29: The Rockets have declined their option on Tate and issued him a qualifying offer, making him a restricted free agent, according to Shams Charania of The Athletic (Twitter link).

It’s an unexpected move, given that Tate would have been extension-eligible if Houston had picked up his option and would still have been on track for restricted free agency in 2023 if the two sides hadn’t agreed to a new deal.

Presumably, the decision signals the Rockets are confident they’ll be able to lock up Tate to a new multiyear contract on terms they like. Charania says the two sides have “mutual interest” in reaching an agreement.

JUNE 25: As anticipated, the Rockets are picking up the option on Jae’Sean Tate‘s contract for next season, according to Jonathan Feigen of the Houston Chronicle.

Tate will earn $1,782,621 next season, according to Spotrac.

It was a mere formality that Houston would exercise that option on a rotation player. Tate started 77 of 78 games in which he appeared last season, averaging 11.8 PPG, 5.4 RPG and 2.8 APG.

Tate will now be a restricted free agent next summer.


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