Rockets Rumors

Rockets Waive Ty Lawson In Buyout Deal

9:22pm: Lawson has officially been waived, the team announced.

7:21am: The Rockets and Ty Lawson have a deal on a buyout, reports international journalist David Pick (Twitter link). The point guard will still be eligible to take part in the playoffs for another team if he formally hits waivers today.

The prospect of a buyout seemed unlikely this weekend, even as the sides were reportedly exploring the idea, with Lawson apparently having indicated a desire to stay in Houston until season’s end. Instead, it looks like he’s headed elsewhere and is giving up a portion of his more than $12.404MM salary to do so. It’s a sharp turn of events from the summer, when the Happy Walters client forfeited the guarantee on next season’s salary to facilitate the trade that sent him from the Nuggets to the Rockets, but little has gone right for Houston this season, and Lawson is averaging a career-low 5.8 points per game in a reserve role. His assists per game have gone from 9.6 last year to 3.4 this year.

It’s unclear just how much Lawson is giving up for the chance to join another team, but the buyout will push the Rockets farther away from their $88.74MM hard cap. They’re only about $524K shy of it for now, keeping them from spending all of the nearly $900K in exception money they still have. It’ll also give the team a second opening on the roster. Houston, already with one vacancy in the wake of Marcus Thornton‘s release, reportedly has some level of interest in Chris Copeland, though a reunion with buyout candidate Kevin Martin is unlikely.

The Jazz appeared to have interest in Lawson amid the trade talks they reportedly engaged in with the Rockets before the deadline, and the Knicks apparently spoke with the Rockets about trading for Lawson, too. The market for Lawson appeared slow early this season, but his appeal figures to be greater now that he’ll be available much more cheaply.

Reports throughout the day provided sometimes conflicting information about whether Lawson and the Rockets had reached a buyout. League sources told Adrian Wojnarowski of The Vertical on Yahoo Sports a few hours after Pick’s report that the sides were still talking about a buyout but hadn’t struck an agreement yet (Twitter link). Walters confirmed this to Mark Berman of Fox 26 Houston (on Twitter). Wojnarowski later tweeted that the sides were getting closer but a hurdle remained. Sources told both Jonathan Feigen of the Houston Chronicle and Calvin Watkins of ESPN.com minutes later that the sides had struck a buyout agreement (Twitter links). Wojnarowski clarified that a framework of the buyout was in place and that the deal would become final today once the documentation was finished (Twitter links).

Western Notes: Green, Miller, Dekker

Warriors combo forward Draymond Green issued a public apology for his halftime outburst on Saturday when things between he and coach Steve Kerr became heated, Monte Poole of CSNBayArea.com relays. “I made a mistake,” Green said. “I admitted my mistakes to my teammates and my coaching staff. I apologized to my teammates, my coaching staff [and] this organization. That wasn’t the right way to handle what needed to be handled. As a leader of this team, I can’t do that. Because it sets a bad precedent for how everything is run around here, how everything should be run, how everything has been ran and how everything will be ran going forward. It won’t happen again. It’s something where my emotions kind of got ahead of me and I let my emotions get the best of me. However, I will never quit on my teammates, as some have reported. I will never quit on my coaching staff. I will never quit on this organization.

Here’s more from out West:

  • The Rockets, who reportedly reached a buyout arrangement today with point guard Ty Lawson, will likely use the available roster slot and  cap space created to sign another guard, Adrian Wojnarowski of The Vertical on Yahoo Sports relays.
  • Andre Miller‘s buyout deal with the Timberwolves saw the team shave $256,333 off what had been an $947,276 obligation to the 39-year-old point guard, leaving Minnesota with a cap hit of just $690,943, according to Eric Pincus of Basketball Insiders (Twitter link). He’ll see $396,844 on his new minimum salary contract with the Spurs that covers the rest of the season, Pincus also shows. It represents a $250,750 cap hit to San Antonio.
  • The Rockets have assigned combo forward Sam Dekker to their D-League affiliate, the team announced. This will be Dekker’s third jaunt to Rio Grande Valley on the season.

Chuck Myron contributed to this post.

Southwest Notes: Wright, Stephenson, Dejean-Jones

Brandan Wright is liable to miss anywhere from a week to eight weeks with a sprained MCL in his right knee that the team revealed in a statement Monday. The Grizzlies didn’t say whether the sprain is a Grade I, which is the milder form, or a Grade II, which would keep him out longer, notes Ronald Tillery of The Commercial Appeal. USA Today’s Jeff Zillgitt hears it’s merely a Grade I (Twitter link), but coach Dave Joerger hinted at a much more pessimistic outlook, saying it will be difficult for the Grizzlies the rest of the year without him, Tillery relays (Twitter links). See more on the Grizzlies and other news from the Southwest Division:

  • Talk of the Grizzlies picking up Lance Stephenson‘s $9.405MM team option for next season that Chris Herrington of The Commercial Appeal referred to last week appears to have been speculative, as Herrington portrays it within his Pick-and-Pop column. It would take either an unexpected late-season flourish or an offseason gone awry for Stephenson’s option to look appealing to Grizzlies, Herrington believes.
  • James Ennis seems like the Grizzlies player most likely to be cut if the team wants to add someone else, Herrington posits in the same piece.
  • Bryce Dejean-Jones doesn’t have any guaranteed money beyond this season in his deal with the Pelicans, which is a three-year pact for the minimum salary, but he can trigger a partial guarantee of $80K for next season if he participates in summer league and a skill and conditioning program, reports Eric Pincus of Basketball Insiders (Twitter links). It’s unclear how his broken right wrist will affect his ability to fulfill those requirements. The partial guarantee would go to $100K if he sticks on the roster through July 25th, Pincus adds.
  • Marcus Thornton‘s release from the Rockets was just that, rather than a buyout deal, as Pincus shows Thornton didn’t give up any salary when he hit waivers last week (Twitter link).

Dwight Howard Eyes Bucks?

Dwight Howard said he likes Milwaukee and wanted to go to the Bucks at the trade deadline, according to Bucks television play-by-play announcer Gus Johnson, who relayed details of his conversation with the former All-Star center during Monday’s broadcast of the Rockets-Bucks game (video link via Rob Perez of The Big Lead; hat tip to Kurt Helin of ProBasketballTalk). Johnson said Howard told him the sticking point was that the Bucks wanted him to sign an extension. That’s similar to what Marc Stein of ESPN.com heard when he reported on deadline day that talks between the Rockets and Bucks fell apart because Howard wouldn’t agree to opt in for next season. Howard is expected to turn down his option, worth $23.282MM, in pursuit of a max deal this summer with a starting salary of about $30MM.

The news seemingly pits the Bucks as a free agent contender for Howard. Milwaukee surprisingly landed Greg Monroe last year, a signing that jarred the perception of Milwaukee as an unattractive destination, but the Bucks reportedly made Monroe available before the trade deadline last month. Jason Kidd, who’s apparently been the prime mover of player personnel for the Bucks, appears to be losing influence within the team’s power structure, and Howard recently fired agent Dan Fegan, so both sides seem to be in transition.

Howard is widely expected to leave the Rockets in free agency, as Ken Berger of CBSSports.com wrote last month, though the 30-year-old center denies that he asked to be traded, saying that he wants to find success in Houston. He’s also continually downplayed rumors of discord between him and James Harden.

Milwaukee has about $61.6MM in guaranteed salary against a projected $90MM cap, and with at least an additional $2,173,884 in cap holds the Bucks would have to carry, they’re likely a few million dollars shy of the cap space necessary to sign Howard outright to a max deal. Monroe and Howard would be an awkward pairing, particularly with fellow big man John Henson also recently signed to a four-year extension, so it’s quite conceivable another round of Monroe rumors will surface if Howard shows continued interest in Milwaukee.

Magic To Aggressively Target Chandler Parsons

The Magic loom as the most significant threat to the Mavericks to sign Chandler Parsons to a new contract this summer, reports Tim MacMahon of ESPNDallas.com. Parsons is a virtual lock to turn down his $16.023MM player option for next season with the salary cap moving sharply upward, and he’s expected to receive a maximum-salary contract, MacMahon writes. Sources who spoke with MacMahon anticipate an aggressive pursuit from Orlando and expect the Heat, Lakers, Nets, Knicks, Trail Blazers, Rockets and Nuggets to come after the 27-year-old, too. The Thunder, would also have interest if Kevin Durant bolts, MacMahon adds, pointing to the presence of Billy Donovan, Parsons’ college coach, in Oklahoma City.

The Mavs realize they’ll need to once more put on a recruiting effort for the versatile small forward they signed to a loaded offer sheet in 2014, but they nonetheless appear to be the favorites for him again this summer, according to MacMahon. That’s because of the loyalty he feels toward owner Mark Cuban and teammate Dirk Nowitzki, as well as the fondness Parsons has for Rick Carlisle, having advocated for the five-year extension the team gave the coach earlier this season, the ESPN scribe writes. The relationship between Parsons and Carlisle is nuanced, MacMahon explains, with Parsons wary of whether Carlisle fully trusts him on the court, but Carlisle this week referred to Parsons as “a franchise-caliber player in the making” in a message to MacMahon.

The Magic opened enough cap flexibility in trades last month to sign two players to max contracts this summer, with only about $36MM in guaranteed salary on next season’s books against a projected $90MM cap. Orlando and soon-to-be free agent Al Horford reportedly have mutual interest, and Horford went to the University of Florida, just as Parsons did.

Parsons is in his fifth season, so he’ll be eligible for the lowest of the three maximum salary tiers, likely with a starting salary approaching $21MM. The Mavs will have only his Early Bird rights this summer, though they’ll function essentially as full Bird rights would for Parsons because his projected max is within 175% of his nearly $15.362MM salary for this season. The only difference will be that the Mavs can only offer four years instead of the five that they could with full Bird rights. Dallas will still have the opportunity to give him 7.5% raises instead of the 4.5% that the Magic and others will be limited to. That would mean a difference of some $4MM over the life of a four-year deal. Still, Parsons will value comfort and on-court opportunity over money as he decides where to sign, sources familiar with his thinking tell MacMahon.

In any case, the Mavericks appear committed to doing what they can to keep Parsons. Cuban indicated as much about a month ago to MacMahon, referring to Parsons and Wesley Matthews as a “crushing tandem on the wing.”

Wolves, Rockets Interested In Chris Copeland

The Timberwolves have had internal discussion about Chris Copeland, and the Rockets also have a level of interest in the stretch forward who’s twice hit waivers in the past week, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). Minnesota’s brass is also talking about other would-be additions, and no signing is close, Wolfson adds. That jibes with coach Sam Mitchell‘s comments from this weekend, when he said the team would likely wait awhile to make a move even as he called the Wolves “awfully thin” up front.

Minnesota has an open roster spot in the wake of Andre Miller‘s buyout and has reportedly engaged in advanced discussions with Kevin Martin about a buyout of his own that would give the Wolves a second opening. The Rockets are in a similar position, having opened one vacancy with Friday’s release of Marcus Thornton while reportedly exploring the idea of a buyout with Ty Lawson, but it appears as though Lawson will likely be sticking around.

Copeland failed to have much effect for the Bucks on the one-year, $1.15MM deal he signed this past offseason, appearing for only 6.5 minutes per game over 24 contests and sticking just 10 of 36 3-point attempts. That’s well beneath his 36.5% career rate of accuracy from behind the arc. Milwaukee waived him a week ago to make room for Steve Novak, and Orlando claimed him off waivers only to release him the next day in a move designed to help the Magic reach the salary floor.

Western Notes: Wolves, Motiejunas, Gallinari

Timberwolves interim coach Sam Mitchell would like for his team to make a signing, lamenting how “awfully thin” the Wolves are inside, but he doesn’t anticipate a move until well after Tuesday, the last day players can hit waivers and still be eligible to play in the postseason for another team, notes Jerry Zgoda of the Star Tribune. Mitchell, who isn’t assured of his job beyond this season, said the Wolves will be patient while free agents head to playoff-bound teams, according to Zgoda.

“After the dust settles, there are going to be some guys out there we’ll want to look at,” Mitchell said. “You don’t want to do it too fast because you don’t want to fill a spot and then someone becomes available. There are only so many playoff teams and only so many roster spots.”

Minnesota has an opening in the wake of its buyout with Andre Miller, and the team has reportedly engaged in advanced discussions with Kevin Martin about a buyout, too. See more from the Western Conference.

  • Donatas Motiejunas said he doesn’t resent the Rockets for trying to trade him to Detroit, observes Jonathan Feigen of the Houston Chronicle. The deadline-day trade that would have sent the soon-to-be restricted free agent to the Pistons fell apart when he didn’t pass Detroit’s physical. Motiejunas played nine minutes Sunday in his first action for Houston since December 31st. “I feel good,” Motiejunas said. “This team traded me because of the first-round pick, the lottery pick. It’s a big thing. I don’t see any problems with it. They were really waiting for me to get back. I love these guys, love the team, love the fans.”
  • Danilo Gallinari expects that he’ll miss the next three to four weeks with injury, as he told Davide Chinellato of La Gazzetta dello Sport (Twitter link). The leading scorer for the Nuggets had an MRI on Saturday after suffering a severely sprained right ankle in Friday’s game, notes Christopher Dempsey of The Denver Post. The team has an open roster spot.
  • Steve Kerr and Draymond Green largely dismissed any idea of tension stemming from a tirade that Green delivered to Warriors coaches at halftime of Saturday’s game, notes Rusty Simmons of the San Francisco Chronicle. The versatile frontcourt player, who’s missed his last 12 3-pointers, was upset because he felt the coaches don’t want him to shoot, according to ESPN’s Lisa Salters.

And-Ones: Durant, Harden, Most Improved, Hawks

Kevin Durant has a shot at the largest contract in league history when his free agency officially arrives this summer, according to Gary Washburn of The Boston Globe. Durant will have plenty of options to choose from, starting with the Thunder, who would love to keep him and Russell Westbrook together through the prime of their careers. The Warriors are believed to be the front-runners if Durant decides to leave Oklahoma City, and his hometown Wizards will surely be calling, along with the Lakers, who will need a star to replace Kobe Bryant. Or Durant could sign a one-year deal with OKC, maximize his earning power as a 10-year veteran and put off the larger decision until 2017. “Everybody’s going to ask me, so of course I’m going to have to think about it now,” Durant said. “To tell you one thing, it’s great to feel wanted, I guess.”

There’s more news from around the world of basketball:

  • James Harden says he feels unfairly targeted for the bad situation in Houston, Washburn writes in the same piece, particularly the rumored rifts with Rockets center Dwight Howard and former coach Kevin McHale“All the time,” Harden said when asked if he feels he’s being singled out over team disunity, “but I don’t really pay attention to it. I can’t focus on negativity because that drains you. I focus on what I can do, what I can control, and go out there and just compete at a high level.”
  • The Blazers‘ C.J. McCollum is almost certain to win this season’s Most Improved Player award, according to Eric Saar of Basketball Insiders. McCollum, who’ll be up for a rookie scale extension this summer, has become a full-time starter and has raised his scoring average from 6.8 points a game last year to 21.1 points this season. Saar’s other candidates for the award are the WarriorsDraymond Green, the CelticsIsaiah Thomas and Jae Crowder and the RaptorsKyle Lowry.
  • The Hawks have recalled center Edy Tavares and guard/forward Lamar Patterson from the Austin Spurs of the D-League, the team announced today. Tavares has averaged 10.1 points and 9.6 rebounds in 14 D-League games, while Patterson’s averages are 15.6 points, 5.7 assists and 5.0 rebounds in seven games with Austin.
  • Chris Douglas-Roberts, whom the Pelicans cut in training camp, will be rejoining the D-League’s Texas Legends, who are the affiliate of the Maverickstweets Marc Stein of ESPN.com.

Southwest Notes: Howard, Thornton, Dekker

The Mavericks have no interest in signing Rockets center Dwight Howard if he opts out this summer, according to Eddie Sefko of The Dallas Morning News. Sefko touched on two other free agent centers, stating that Dallas is concerned about “off-court issues” involving Miami’s Hassan Whiteside, while Atlanta’s Al Horford would be a nice fit between Dirk Nowitzki and Chandler Parsons. In a question-and-answer session, Sefko also said the Mavericks may pursue Harrison Barnes if Parsons opts out, but he believes Barnes will stay with the Warriors.

There’s more from the Southwest Division:

  • Former Rockets guard Marcus Thornton cleared waivers this afternoon, tweets Marc Stein of ESPN.com. Houston released Thornton on Friday after he was sent to Detroit in a deal at the deadline that was later voided because of health concerns involving Donatas Motiejunas. Despite trading for Thornton, the Pistons don’t have any interest in signing him.
  • The Rockets have recalled rookie combo forward Sam Dekker from their D-League affiliate, writes Jonathan Feigen of The Houston Chronicle. Houston made Dekker the 18th overall pick in last summer’s draft, but he has only appeared in three games for the Rockets because of back surgery. A Wisconsin native, Dekker was called up just in time for the team’s trip to Milwaukee on Monday. “That’s just how it worked out,” he said. “… Now I get to go home, see my family. … I’m sure there will be a lot of Badger fans in Bradley Center tomorrow.”
  • The versatility of Lance Stephenson, who was acquired in a draft day trade with the Clippers, has helped the Grizzlies deal with the loss of Marc Gasol, according to Ronald Tillery of The Commercial Appeal. There were concerns that Memphis might collapse after Gasol’s broken foot, but the team was averaging 108.6 points in five games without their center before Saturday’s loss at Phoenix. “It’s a whole new identity for us with different groups, different guys,” coach Dave Joerger said. “I’m trying to play Lance at four different positions. Matt Barnes is playing two different positions, sometimes three. We can struggle defensively, but we’ll just keep working at it.”

Southwest Notes: Lee, Pachulia, Stephenson, Miller

The addition of David Lee could cut into the playing time of Mavericks center Zaza Pachulia, writes Eddie Sefko of The Dallas Morning News. Lee signed with Dallas as a free agent Monday after agreeing to a buyout with the Celtics, and he’s been productive, posting a 14-point, 14-rebound performance on Friday. Meanwhile, Pachulia’s numbers are declining. He’s shooting just 35.8% from the floor in February, while averaging 6.2 points and 9.7 rebounds. “One of the reasons we wanted to bring Lee on board was we wanted to alleviate a few of his [Pachulia’s] minutes,” said coach Rick Carlisle. “We’ll look at trying to keep everybody as fresh as possible. The thing about Zaza is he’s been a real important chemistry guy for us all year long. I think he’s ready.” Pachulia is making $5.2MM this season in the final year of his contract.

There’s more from the Western Conference:

  • Although the Rockets have an open roster spot, it’s unlikely that shooting guard Kevin Martin will come to Houston, tweets Jonathan Feigen of The Houston Chronicle. Martin is a candidate for a buyout with the Wolves before Tuesday, but the Spurs are considered to be the front-runner to sign him. Coach J.B. Bickerstaff said the Rockets are looking at options to fill the open spot and could sign someone currently playing overseas (Twitter link).
  • The GrizzliesLance Stephenson blames an inability to “fit in” for his failures with the Hornets and Clippers, writes Peter Edmiston in The Commercial Appeal. Memphis has a team option on Stephenson’s contract and can bring him back for another season at $9.405MM. “I’ve definitely got something to prove,” Stephenson said. “I just want to get back to my old self, get back to playing in a rotation and helping my teammates win. God is good, so wherever He guides me, I’m going to try my best to figure it out.”
  • The expected addition of point guard Andre Miller gives the Spurs the two oldest players in the league, according to Jeff McDonald of the San Antonio Express-News. At 39, Miller is the oldest, 37 days older than center Tim Duncan.