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Bucks Sign Jason Terry

August 22nd, 2016 at 5:38pm CST by Dana Gauruder

AUGUST 22nd: The signing is official, the team announced.

AUGUST 19th: Terry says he has agreed to sign with the Bucks, tweets Mark Berman of Fox 26 in Houston. “They are a young team on the cusp of doing great things and the Bucks have a great coach in Jason Kidd,” Terry said (Twitter link).

AUGUST 18th: The Bucks are in advanced contract talks with veteran point guard Jason Terry, NBA sources told Marc Stein of ESPN.com (Twitter link). Terry, who turns 39 next month, averaged 5.9 points and 1.4 assists in 17.5 minutes for the Rockets last season while appearing in 72 games.

Milwaukee only has 13 players with guaranteed contracts but it is over the salary-cap limit. The Bucks still have the $2.9MM room exception at their disposal. The Rockets informed Terry last month that he was no longer in their plans.

It’s somewhat curious that the Bucks would be interested in Terry, considering they signed free agent Matthew Dellavedova away from the Cavaliers to compete with Michael Carter-Williams at the point guard spot. They also have Tyler Ennis on the roster and it’s noteworthy that the club used Giannis Antetokounmpo with great success as a point forward the second half of last season.

However, Terry could not only provide a veteran locker room presence but also some outside shooting. He’s a career 37.9% shooter on 3-point attempts and could play off the ball with Antetokounmpo running the attack.

Terry has averaged 14.3 points and 4.1 assists in a career that began with the Hawks in 1999/2000.

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Joey Dorsey To Re-Sign With Barcelona

August 15th, 2016 at 5:15pm CST by Arthur Hill

Joey Dorsey, a veteran of the NBA and European basketball, will spend the next two seasons with Barcelona, tweets international basketball writer David Pick. Dorsey, who was released by the Nuggets last August, will make more than $1MM over the life of his new contract.

The 32-year-old Dorsey was one of four players sent from Houston to Denver last summer in the Ty Lawson trade. However, the Nuggets waived him and his $1,015,421 salary before training camp began. He signed with the Turkish club Galatasaray and later joined Barcelona.

A second-round pick by the Trail Blazers in 2008 after reaching the NCAA finals with Memphis, the 6’8″ Dorsey established a reputation as a physical defender and rebounder during his time in the NBA, but never had enough offensive production to stay in one place very long. He averaged 2.6 points and 3.9 rebounds during his four-year career with the Rockets, Kings and Raptors.

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Salary Cap Snapshot: Houston Rockets

August 10th, 2016 at 10:19pm CST by Eddie Scarito

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league.  These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check RosterResource.com for up-to-date rosters for each franchise, with the Rockets’ team page accessible here.

Here’s a breakdown of where the Rockets currently stand financially:

Guaranteed Salary

Total Guaranteed Salary= $91,030,536

Cash Sent Out Via Trade: $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $75K received from Nets in K.J. McDaniels trade [Amount Remaining $3.425MM]

Payroll Exceptions Available

  • Room Exception: $0 [Used to sign Nene]

Total Projected Payroll: $91,030,536

Salary Cap: $94,143,000

Estimated Available Cap Space: $3,112,464

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $22,256,464

Last Updated: 3/24/17

The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.

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Rockets Inquired On Rudy Gay

August 10th, 2016 at 2:45pm CST by Luke Adams
  • The Kings have been active in exploring the trade market as they attempt to move players who may not be fit into the plan going forward, per Kyler. Rudy Gay has long been available, but despite receiving several inquires on the veteran forward – most notably from the Rockets, says Kyler – Sacramento has been having a hard time finding anything of real value in a trade. There’s a belief among some sources that the Kings won’t ask for a whole lot for Gay, and could move him before training camp, according to Kyler.

    [SOURCE LINK]
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Rockets To Keep Michael Beasley

July 31st, 2016 at 10:06pm CST by Arthur Hill

The Rockets will hold on to combo forward Michael Beasley, whose contract guarantee date is Monday, tweets Marc Stein of ESPN.com. Beasley’s salary for next season will be $1,403,611 if Houston does keep him on the roster.

Beasley became an impact player for the Rockets late in the season after signing with the team March 4th following the end of his season in China. Beasley appeared in 20 games for Houston, averaging 12.8 points and 4.9 rebounds in 18.2 minutes per night.

The 27-year-old Beasley was the second player taken in the 2008 draft, but he admits that he damaged his career with a lack of effort and a series of off-court incidents. Beasley was part of the Rockets’ Las Vegas Summer League roster earlier this month and spent most of the time as a mentor, telling younger players not to make the same mistakes he did.

Other players with salary guarantee dates on Monday are the Heat’s Rodney McGruder [$150,000 of $543,471 salary becomes guaranteed] and Josh Richardson [full $874,636 salary] and the Pacers’ Glenn Robinson III [full $1,050,500 salary].

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Salary Guarantees To Watch This Weekend

July 29th, 2016 at 11:00pm CST by Luke Adams

Earlier today, the Pacers announced that they’d parted ways with Shayne Whittington, placing the big man on waivers. The timing of the move seemed odd at first glance, but it made sense when considering the language in Whittington’s contract — his full salary for the 2016/17 season would have become guaranteed if he’d remained on Indiana’s roster beyond August 1.

As our list of upcoming salary guarantee deadlines shows, Whittington isn’t the only player who will either make some money or lose his roster spot within the next few days. Six other players will have some or all of their ’16/17 salary guaranteed if they remain on their respective teams’ rosters beyond August 1.

Here’s a closer look:

  • Jonathon Simmons (Spurs): Full $874,636 salary to become guaranteed
    • Simmons’ guarantee date is actually on Saturday, rather than Monday, but it shouldn’t make much of a difference. After averaging about 15 minutes per game in 55 regular-season contests for the Spurs in his rookie season, Simmons may be in line for a bigger role in 2016/17, as we heard earlier this month.
  • Michael Beasley (Rockets): Full $1,403,611 salary to become guaranteed
  • Dahntay Jones (Cavaliers): Full $1,551,659 salary to become guaranteed
    • Jones appeared in 15 playoff games for the NBA champions in the spring, but his most memorable moment may have involved earning a one-game suspension for hitting Bismack Biyombo in the groin. There has been no indication yet whether the Cavs, who will likely be back in tax territory in 2016/17, intend to keep Jones — he’s a candidate to be cut.
  • Rodney McGruder (Heat): $150,000 of $543,471 salary to become guaranteed
    • The Heat just signed McGruder about three weeks ago, so it seems unlikely they’d waive him already, especially since only a small portion of his 2016/17 salary will become guaranteed on Monday.
  • Josh Richardson (Heat): Full $874,636 salary to become guaranteed
    • In the wake of Dwyane Wade‘s departure, the Heat will be going younger this season, and Richardson figures to be a big part of that youth movement. He’s not going anywhere.
  • Glenn Robinson III (Pacers): Full $1,050,500 salary to become guaranteed
    • When the Pacers announced Whittington’s release without cutting Robinson as well, it was a sign that the former Wolverine should be safe. Assuming that’s the case, he’s a good bet to earn a regular-season roster spot for Indiana.
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Rockets Sign Pablo Prigioni

July 29th, 2016 at 5:05pm CST by Eddie Scarito

Apr 27, 2016; Los Angeles, CA, USA; Los Angeles Clippers guard Pablo Prigioni (9) reacts to a foul call in the second half of game five of the first round of the NBA Playoffs against the Portland Trail Blazers at Staples Center. Trail Blazers won 108-98. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY Sports

JULY 29th, 5:05pm: The signing is official, the team announced.

JULY 13th, 10:50pm: The Rockets and unrestricted free agent Pablo Prigioni have reached an agreement on a contract, Adrian Wojnarowski of The Vertical reports (Twitter link). It will be a two-year pact for the point guard, Wojnarowski adds, but the dollar amount of the arrangement is unknown at this time.

The 39-year-old appeared in 59 games for the Clippers this past season and averaged 2.56 points, 1.9 rebounds and 2.2 assist in 13.9 minutes per outing. His slash line was .374/.295/.875.

Prigioni becomes the only other true point guard currently on Houston’s roster and will serve as a veteran backup to starter Patrick Beverley.

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Free Agent Spending By Division: Southwest

July 29th, 2016 at 1:53pm CST by Luke Adams

Over the next week, we’ll be breaking down 2016 NBA free agent spending by division, examining which teams – and divisions – were the most active this July.

These divisional breakdowns won’t present a full picture of teams’ offseason spending. Some notable free agents, including LeBron James, remain unsigned, so there’s still money out there to be spent. Our lists also don’t include money spent on this year’s first- and second-round picks or draft-and-stash signings. There are a few free agent names missing in some instances as well, since those deals aren’t yet official or terms haven’t been reported.

Still, these closer looks at divisional spending should generally reveal how teams invested their money in free agency this summer, identifying which clubs went all-out and which ones played it safe.

With the help of our Free Agent Tracker and contract info from Basketball Insiders, we’ll kick off the series today with a look at the Southwest division. Let’s dive in…

1. Memphis Grizzlies

  • Total money committed: $266,310,613
  • Guaranteed money committed (including player options): $251,079,762
  • Largest expenditure: Mike Conley (five years, $152,607,578)
  • Other notable signings:
  • Notes:
    • Wayne Selden‘s deal is not included in these totals, since it’s a summer contract and won’t count toward the Grizzlies’ cap unless he makes the regular-season roster.
    • The fifth year of Conley’s deal is not fully guaranteed for now, but will become guaranteed if Conley plays in 55 games in the 2018/19 or 2019/20 seasons.

2. Dallas Mavericks

  • Total money committed: $208,352,773
  • Guaranteed money committed (including player options): $173,518,115
  • Largest expenditure: Harrison Barnes (four years, $94,438,523)
  • Other notable signings:
  • Notes:
    • Keith Hornsby‘s contract with the Mavericks is not included in these figures, since details haven’t yet been reported.
    • Nowitzki’s deal contributes significantly to the gap between the Mavs’ total money and guaranteed money committed, since his second year ($25MM) is a team option.

3. Houston Rockets

  • Total money committed: $135,784,790
  • Guaranteed money committed (including player options): $135,784,790
  • Largest expenditure: Ryan Anderson (four years, $80,000,000)
  • Other notable signings:
  • Notes:
    • The Rockets are believed to have two-year, minimum-salary agreements in place with Pablo Prigioni, Kyle Wiltjer, Isaiah Taylor, and Gary Payton II. However, those deals haven’t been made official, so they’re not included in our totals.
    • Bobby Brown‘s deal is not included in these totals, since it’s believed to be a summer contract which won’t count toward the Rockets’ cap unless he makes the regular-season roster.

4. New Orleans Pelicans

  • Total money committed: $99,104,431
  • Guaranteed money committed (including player options): $99,104,431
  • Largest expenditure: Solomon Hill (four years, $48,000,000)
  • Other notable signings:
  • Notes:
    • Terrence Jones will earn $1,050,961 on a minimum-salary contract, but the Pelicans will only pay $980,431 of that salary, with the NBA footing the rest of the bill.
    • The Pelicans still figure to add non-guaranteed deals to fill out their preseason roster, but all their signees so far have had fully guaranteed contracts.

5. San Antonio Spurs

  • Total money committed: $57,678,976
  • Guaranteed money committed (including player options): $54,981,536
  • Largest expenditure: Pau Gasol (two years, $31,697,500)
  • Other notable signings:
  • Notes:
    • Lee’s contract hasn’t been formally announced, but it’s said to be a two-year, minimum-salary pact with a player option in year two. We’ve included that deal in our count, but not Patricio Garino‘s, since the official terms on that one haven’t been reported.
    • Ryan Arcidiacono and Bryn Forbes are the only Spurs free agent signings without fully guaranteed deals so far.
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Harden's Salary Rides On Next Year's Cap

July 25th, 2016 at 5:33pm CST by Dana Gauruder

Changes at the center spot made to accommodate Kevin Durant‘s contract could lead the Warriors’ downfall, Jonny Auping of RealGM.com opines. The Warriors traded starter Andrew Bogut to the Mavericks and lost Festus Ezeli in free agency while signing Zaza Pachulia and retaining Anderson Varejao. Pachulia put up solid stats with the Mavs last season and is noted for his leadership, but his second-half performance was a disaster, Auping continues. He shot just 52.6% in the restricted area after the All-Star break, making him the team’s biggest offensive liability and essentially played himself out of the rotation by the postseason, Auping notes. And at this stage of his career, Varejao is arguably the worst backup center in the league, according to Auping. The offensive limitations of Pachulia and Varejao will allow opponents to double-team one of the Warriors’ stars and defensively, they offer no rim protection, Auping adds.

In other doings around the Western Conference:

  • Langston Galloway isn’t sure how the Pelicans will use him in the backcourt, according to John Reid of the New Orleans Times Picayune. The former Knick, who signed a two-year, 10MM deal with New Orleans, told Reid that coach Alvin Gentry and GM Dell Demps informed him that he could play extensively at both spots. ”So far, getting a chance to meet with Alvin and Dell, we just had a chance to say it’s a great opportunity to work hard and compete at the point guard and off-guard positions,” Galloway said.
  • Derrick Favors, Russell Westbrook and Paul George are some of the other players eligible to renegotiate their contracts and receive an extension, as James Harden did this month, Eric Pincus of Basketball Insiders writes. Any team trying to trade for Westbrook, who can hit the free agent market next July, would probably want him to sign an extension before agreeing to a deal, Pincus continues. Harden’s actual salary over the last three years of his extension won’t be determined until the 2017/18 salary cap is announced, as Pincus details while breaking down all the figures.
  • Durant’s restaurant in Oklahoma City will close and open under a new name, part of the fallout from his decision to join the Warriors, Brianna Bailey of The Oklahoman reports.
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Western Notes: Rockets, Brown, Abrines, Suns

July 23rd, 2016 at 10:56pm CST by Arthur Hill

Ryan Anderson and Eric Gordon are gambles for the Rockets, but they’re probably risks worth taking, writes Jesse Blancarte of Basketball Insiders. Both players are sharpshooters who should fit well into new coach Mike D’Antoni’s system, but both have an extensive history of injuries. Anderson missed a significant stretch last season with an MCL sprain in Feburary, and had a season-ending neck injury in 2014. Gordon has been through a long string of injuries that have limited him to an average of 53 games per season over the past four years. Assuming they are reasonably healthy next season, Blancarte expects them to be valuable additions because of their ability to stretch the defense and Gordon’s talent for driving to the basket.

There’s more from the Western Conference:

  • High-scoring European player Bobby Brown will attend training camp with the Rockets on a non-guaranteed deal, tweets international journalist David Pick. Brown spent time with the Kings, Clippers, Hornets and Wolves from 2008-10.
  • The signing of Alex Abrines has helped the Thunder begin to lift the dark cloud caused by Kevin Durant‘s departure, writes Bery Tramel of The Oklahoman. Abrines will give Oklahoma City a 3-point threat and may take Dion Waiters‘ spot as a reserve guard behind Russell Westbrook and Victor Oladipo. The biggest question on the European star is whether he can defend well enough to earn significant playing time.
  • The Suns‘ collection of young players has produced renewed optimism in Phoenix, according to Dan Bickley of The Arizona Republic. Part of the confidence came from GM Ryan McDonough’s draft-night deal with the Kings that gave Phoenix Marquese Chriss along with Dragan Bender. In addition, McDonough likes the commitment he is seeing from his veterans this summer. “I think we’ve seen a powerful change over the past few months in terms of players buying in,” he said. “Our guys like being around each other. They like being in Phoenix. A lot of our core players have basically made Phoenix their home and stick around all summer. It’s 115 degrees and those guys could be anywhere in the world. They choose to stay in Phoenix. And that says something.”
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