Rockets Rumors

Rockets Claim Earl Clark Off Waivers

5:13pm: The transaction is official, the team announced via press release.

4:59pm: The Rockets have claimed Earl Clark off waivers from the Grizzlies, reports Eric Pincus of Basketball Insiders (Twitter link). Clark had been on a one-year, non-guaranteed deal for the minimum salary with Memphis, so Houston will assume control of it. The Rockets opened a spot on their 20-man preseason roster when they waived Josh Powell on Thursday.

Clark’s free agent stock plummeted after he performed poorly when the Cavs gave him a two-year, $8.5MM contract last season and the starting small forward job on opening night. The second year of the deal was non-guaranteed, helping Cleveland ship him to the Sixers at the deadline, after which Philadelphia promptly waived him. He signed a pair of 10-day contracts with the Knicks, but they didn’t retain him for the rest of the season, and he was out of the league from that point until the Grizzlies brought him to camp. Still, there evidently remains at least some level of NBA interest in the 14th overall pick from 2009, as witnessed by Houston’s move today as well as his workout with the Spurs a couple of months ago.

Houston’s opening-night roster is still shrouded in mystery, since the team is carrying 15 fully guaranteed deals plus a non-guaranteed contract for starting point guard Patrick Beverley. The Rockets are also among the teams linked to trade candidate Chase Budinger.

Rockets Waive Josh Powell

FRIDAY, 5:11pm: The Rockets have followed with a formal announcement of Thursday’s move, via press release.

THURSDAY, 8:55pm: The team has waived Powell, as is indicated by the RealGM transactions log. The Rockets have made no formal announcement as yet.

10:54am: The Rockets are waiving Josh Powell, a source tells Shams Charania of RealGM (Twitter link). Charania indicates the move has already taken place, though the team has yet to make an announcement. The eight-year veteran was on a non-guaranteed deal that he signed with the team shortly before the end of the 2013/14 season.

Powell appeared in just one regular season game with Houston and put up four points in more than 19 minutes of work, but he didn’t make it into any of the Rockets’ playoff games. Houston didn’t give the 31-year-old any run in the preseason, either, so it appeared he was around chiefly so his contract could serve as ballast for a potential trade, though that’s just my speculation. He hadn’t appeared in an NBA regular season game since 2010/11 before the Rockets picked him up.

The move will drop the Rockets to 19 players, leaving much work to do before opening night. Patrick Beverley‘s contract is the only one that’s known to be without any guaranteed money remaining on Houston’s books. The Rockets added Geron Johnson and cut Akil Mitchell earlier today.

Western Notes: Blazers, Covington, Jackson

Thunder GM Sam Presti said the team wants Reggie Jackson to remain a piece of the franchise’s puzzle, Cliff Brunt of The Associated Press writes. “I think we’ve been really clear about his importance to the team, that we see him as a core member of the team, as a core member of the organization,” Presti said. “We’re going to put our best put forward, and I believe he will as well. We’ll see if we can figure something out.” If he and the Thunder don’t sign an extension by the end of next week, Jackson can become a restricted free agent next summer and could command big money on the open market. It remains to be seen if Oklahoma City would match any offer sheets that Jackson inks with other teams. The Thunder’s cap commitment for the 2015/16 campaign is already approximately $63.6MM.

Here’s more from out west:

  • The Rockets still haven’t waived Robert Covington, despite the player not being with the team for the last two weeks, tweets Jonathan Feigen of The Houston Chronicle. Covington is currently weighing some guaranteed offers to play in Europe, Feigen notes.
  • The remaining players on the Grizzlies‘ preseason roster all fit the team’s system rather well, Ronald Tillery of The Commercial Appeal writes in a subscription-only piece. This includes Patrick Christopher and Kalin Lucas, the team’s lone remaining players in camp whose deals aren’t fully guaranteed, notes Tillery. Both players are likely headed to the team’s D-League affiliate, the Iowa Energy, according to Tillery.
  • The Blazers still have decisions to make regarding their 2015/16 team options for C.J. McCollum, Thomas Robinson, and Meyers Leonard. Portland has until the October 31st deadline to exercise those options or the trio will become unrestricted free agents next summer. Joe Freeman of The Oregonian examines what the Blazers might do regarding each player’s contract.
  • Donald Sterling’s lawyers have begun talks with the NBA about dismissing Sterling’s federal antitrust lawsuit against the league, as Sterling attorney Maxwell Blecher revealed in a declaration filed in U.S. District Court today, reports Nathan Fenno of The Los Angeles Times. The former Clippers owner has sought more than $1 billion in damages in the suit, which became the primary thrust of his legal efforts against the league when he recently withdrew a different suit in Los Angeles Superior Court against the NBA, his wife and Adam Silver.

Chuck Myron contributed to this post.

Rockets Sign Geron Johnson, Waive Akil Mitchell

The Rockets have signed former University of Memphis shooting guard Geron Johnson and waived power forward Akil Mitchell, the team announced via press release. The terms of the deal for Johnson aren’t immediately clear, but it’s probably a minimum-salary arrangement, perhaps with a nominal guarantee. Houston will be stuck with the $150K partial guarantee on Mitchell’s contract unless another team claims him off waivers.

Johnson went undrafted this past June, but he’s been on Houston’s radar for a while. The Rockets were among the teams that worked him out prior to the draft, and he joined Houston’s summer league team in July. The now 22-year-old Johnson averaged just 8.9 points in 27.9 minutes per game as a senior with the Memphis Tigers last season, but he grabbed 4.9 rebounds per contest even though he’s only 6’3″.

Mitchell also went undrafted this summer and scored his deal with the Rockets shortly before training camp began. Still, he didn’t play in any of the team’s preseason games and a report last week indicated he hadn’t been with the Rockets for several days.

Houston still has 20 players on its roster, and with 15 fully guaranteed contracts plus a non-guaranteed pact with starting point guard Patrick Beverley, the Rockets have a logjam they must resolve by Monday’s deadline for teams to set their opening-night rosters. Johnson seems unlikely to remain with the team into the regular season, so it appears the Rockets are signing him chiefly to be able to claim his D-League rights, though that’s just my speculation.

And-Ones: Kobe, Lottery, Bosh, Hawks

Henry Abbott of ESPN The Magazine hears from agents and team sources who say Kobe Bryant‘s rough-edged personality is driving free agents away from the Lakers. The Buss family receives more income from the team’s local TV deal if ratings are better, and that helped persuade the team to sign Bryant to his lucrative two-year extension 12 months ago and to eschew an aggressive rebuilding project, Abbott hears. Bryant’s popularity with powerful front-row celebrities also played a role, and co-owner Jim Buss is just “waiting for [Bryant] to leave,” a source tells Abbott, fearful of engaging in a public spat with the superstar. Steve Nash nearly decided against approving his sign-and-trade to the Lakers and Paul George signed his extension with the Pacers in part because of Bryant, sources tell Abbott. Chris Bosh was one of the Lakers’ missed free agent targets this summer, and there’s more on him amid the latest from around the league:

  • The Thunder will join the Sixers in voting against the changes to the lottery, tweets Adrian Wojnarowski of Yahoo! Sports, but Wojnarowski seconds Lowe’s report (below) that the measure still has enough support to pass.

Earlier updates:

  • Bosh spoke of a desire to be paid at his full market rate as he explained his decision to turn down a four-year max deal from the Rockets for five years at the max from the Heat to Ira Winderman of the Sun Sentinel. “It’s always business,” Bosh said. “Nothing is ever personal. I think 100% of those dudes would have taken the deal I took.”
  • Another NBA team has joined the Sixers in opposition to the league’s lottery reform proposal as the Board of Governors meet today, but the measure is still expected to receive approval, Grantland’s Zach Lowe reports (Twitter links).
  • Players union secretary-treasurer James Jones is an opponent of shortening games and believes, as teammate LeBron James does, that players would instead like to see fewer games on the schedule, as Jones tells Chris Haynes of the Northeast Ohio Media Group.
  • Former Hawks All-Star Dikembe Mutombo has met with a group of investors about joining their effort to buy the team, reports Chris Vivlamore of the Atlanta Journal-Constitution.

Western Notes: Rockets, Lin, Coaches, Kanter

The Rockets have not settled on their opening night roster yet, writes Jonathan Feigen of the Houston Chronicle. “That’s why we’re experimenting,” coach Kevin McHale said. “There are still a lot of unknowns. We have a lot of guys who haven’t just taken a spot where you say, ‘I’m really comfortable. This guy has really taken the backup spot.’ We have a lot of guys still fighting for spots.” Houston brought 20 players to camp and has not made any official cuts, although it would seem the team is down to 18 players for 15 roster spots with Robert Covington and Akil Mitchell not having been with the team for the last week.

Here’s more from the Western Conference:

  • Jeremy Lin is humbled by the offseason trade that sent him to the Lakers, writes Mike Bresnahan of the The Los Angeles Times.  Lin said, “When I first got there [Houston], I was supposed to be the guy and they were supposed to kind of hand the torch to me. And I ended up getting traded away basically for nothing. Actually, they had to give a draft pick to convince someone else to take me. Pretty much given away for nothing. Definitely not how I envisioned it.”
  • Spurs coach Gregg Popovich loves the play of JaMychal Green, tweets Mike Monroe of the San Antonio Express-News. The unfortunate thing for Green is that the Spurs don’t currently have an opening-night roster spot for him, Monroe adds.
  • Wolves head coach Flip Saunders is praised by local high school and college coaches for his open-door policy, writes Andy Greder of the St. Paul Pioneer Press. “We are a very close fraternity as far as coaches, and what you want to do is make sure you’re open,” Saunders said.
  • Jazz forward Enes Kanter has as much to gain this season as anyone on the team, opines Tony Jones of the Salt Lake Tribune. Kanter will head into restricted free agency next summer if the Jazz do not reach a deal on an extension with him by the October 31st deadline.
  • In a roundtable preview for the Kings, SB Nation’s Tom Ziller predicts that Sacramento will pull off a major trade this season, citing GM Pete D’Alessandro‘s aggressive track record and abundance of assets at his disposal.

Cray Allred contributed to this post.

And-Ones: Cavs, Rockets, Mavs, D-League

Stephen Holt is heading to the Cavs‘ D-League affiliate, tweets David Pick of Eurobasket.com. This would presumably mean that Cleveland will waive Holt and exercise their rights to him in the D-League. With Holt’s non-guaranteed contract out of the way, Cleveland’s remaining five camp invites on non- or partially guaranteed contracts would have a better shot at one of the team’s three open roster spots–outside of Anderson Varejao‘s lock to make the team on his partially guaranteed deal–for the regular season. Here’s more from around the league:

  • Rockets coach Kevin McHale indicated to Jonathan Feigen of the Houston Chronicle that Houston’s first- and second-round draft picks, Clint Capela and Nick Johnson, respectively, will both spend significant time with the team’s D-League squad.
  • While the Mavericks have high expectations for this season, coach Rick Carlisle will have the challenge of meshing multiple new pieces for the second consecutive year. Carlisle tells Eddie Sefko of the Dallas Morning News that high turnover for veteran players is a league-wide trend. “I view it as one of the realities of our business right now. Teams are going to try to keep their young core players together,” Carlisle said. “There are going to be some financial and basketball decisions that are going to be unavoidable.”  
  • Keegan LaBlance has entered his name into the 2014 NBA D-League Draft, according to Keith Schlosser of Ridiculous Upside. The point guard will hope to be selected on the November 1 draft and begin a journey toward an NBA career.
  • Chadrack Lufile is also hoping to be selected in the D-League draft, telling Gino Pilato of DLeagueDigest.com that he turned down offers to play overseas this summer. “A large reason why I wanted to stay here is actually because my mom got really sick. I want to stay nearby,” said Lufile. “My ultimate goal is to play in the NBA, and it doesn’t matter how I get there, but I feel like the D-League is a great way for me to do so.”

Wolves Shopping Chase Budinger?

9:47pm: The Wolves haven’t had any talks with the Blazers yet about a possible Budinger-for-Robinson trade, as Wolfson hears, countering the earlier report (Twitter link).

9:40pm: Wolves president Flip Saunders was adamant that the team wasn’t shopping Budinger, Jerry Zgoda of The Star Tribune reports (Twitter link).

3:47pm: The Rockets have “zero interest” in absorbing Budinger’s contract, tweets Jonathan Feigen of the Houston Chronicle.

12:48pm: Portland isn’t shopping Robinson, Deveney clarifies via Twitter, suggesting that the onus would be on the Wolves or another team to convince the Blazers to give him up.

FRIDAY, 11:18am: The Blazers are also in the mix for Budinger, as Sean Deveney of The Sporting News hears, with Thomas Robinson a possibility to head to Minnesota in the deal (Twitter link).

THURSDAY, 9:35pm: The Pacers have also shown interest in Budinger, tweets Wolfson. With Paul George injured and Lance Stephenson gone in free agency, Indiana could use an outside threat on their roster.

6:35pm: Vincent Goodwill of The Detroit News confirms the earlier report that the Pistons have inquired about Budinger’s availability. Goodwill also notes that the only player that Detroit has that would fit the salary requirements for trade would be Jonas Jerebko, whose $4.5MM deal will expire at season’s end.

3:58pm: The Wolves have gotten a few inquiries on a number of players, including Budinger, Darren Wolfson of 1500 ESPN Twin Cities tweets. Wolfson also adds that his sources tell him the team isn’t actively shopping Budinger at this time.

3:49pm: The Timberwolves are shopping Chase Budinger, Adrian Wojnarowski of Yahoo! Sports reports. According to Wojnarowski’s sources several teams, including the Pistons and the Rockets, have shown interest in the 26 year-old forward out of Arizona. I would also speculate that the Pacers might also have interest with Paul George most likely out for the season and Indiana in need of outside scoring threats. Both the Pistons and the Rockets are reluctant to take on Budinger’s deal which includes a $5MM player option for the 2015/16 season, and no trade is imminent, Wojnarowski notes.

Minnesota currently has an abundance of small forwards with Corey Brewer, Andrew Wiggins, Robbie Hummel, Glenn Robinson III, Anthony Bennett, and Shabazz Muhammad all in the mix at the three spot. The Wolves still have 15 fully guaranteed deals and one partially guaranteed deal on the books, and trading Budinger’s fully guaranteed contract could help the team lock down their regular season 15.

With Jodie Meeks being lost for two months in Detroit, and the Rockets needing depth behind Trevor Ariza, acquiring Budinger makes sense for either franchise if the price is right. Budinger’s lifetime numbers are 9.0 PPG, 3.3 RPG, and 1.3 APG. His career slash line is .428/.357/.806.

Extension Rumors: Leonard, Thompson, Cole

The deadline for teams to sign rookie scale extensions with their eligible players is two weeks from today, and while only six players came to deals last time around, that number has the potential to be much larger this year, notes Marc Stein of ESPN.com. Stein has more on many of those extension hopefuls that adds to the storylines we’ve been following throughout the offseason:

  • Kawhi Leonard, Tristan Thompson, and Norris Cole are among the players who are in active negotiations with their respective teams about rookie scale extensions, Stein reports. Klay Thompson, Ricky Rubio, Kemba Walker, Jimmy Butler, Reggie Jackson, Brandon Knight, Nikola Vucevic, Tobias Harris, Enes Kanter and Alec Burks are also in active extension talks, according to Stein, who advances earlier reports that all of them had engaged in talks.
  • Iman Shumpert and the Knicks are also discussing an extension, Stein writes, countering a report from a few weeks ago that indicated that the sides hadn’t engaged in talks and that New York was content to let the swingman hit restricted free agency next summer.
  • Klay Thompson’s camp is considering the idea of going after an offer sheet similar to the one the Mavs gave Chandler Parsons if Thompson and the Warriors don’t come to an extension this month, Stein hears. Parsons’ near-max deal runs three years and includes a player option and a 15% trade kicker. Rival GMs have expressed admiration for its structure and Rockets GM Daryl Morey pointed to the difficulty that trading such a contract would entail shortly after he decided against matching it. The player option would allow Thompson to hit unrestricted free agency in the summer of 2017, which is when Stephen Curry‘s deal is set to end, as Stein points out.
  • The Lakers have attempted to trade for Thompson in the past, Stein notes, though he doesn’t make any suggestion that they’re planning an aggressive push for the shooting guard if he becomes a restricted free agent next summer.

Texas Notes: D-League, Mitchell, Dorsey, Spurs

The Spurs have officially announced that they have renamed their D-League affiliate, the Austin Spurs. The team was formerly known as the Austin Toros. “The rebranding of the Austin franchise is a terrific opportunity to capitalize on the substantial equity of the Spurs brand,” said Spurs Sports & Entertainment President of Business Operations, Rick Pych.  “The name change creates an instantly recognizable link between the two franchises and is a natural progression based on the important role the Austin team plays in the development of young players, general managers and coaches who are on their way to reaching their dream of making it to the NBA.”

Here’s more from the “Lone Star” state:

  •  Akil Mitchell and Robert Covington have not been with the Rockets for several days, Jonathan Feigen of The Houston Chronicle writes. It was previously noted that Houston intended to part ways with Convington, and was exploring possible trade options for the player. Feigen also speculates that Houston intends to send both Covington and Mitchell to their D-League affiliate. Teams can retain the D-League rights for up to four players that they waive, and the Rockets preseason roster count currently sits at 20.
  • Joey Dorsey is still working his way back from foot and ankle issues that have caused him to miss extended time during Houston’s training camp, Feigen writes. “I have just been trying to figure out the guys on the team and not look for my shot,” Dorsey said. “One of the coaches told me, ‘Joey, just go out there and play. Do what you do. Do what you did in Europe.’ I was like, ‘OK, forget it. I am going to look to score. If I look to score and they double-team me, then I will kick it out for a shot.’ That is the biggest thing. He told me to just go out there and stop trying to worry about playing perfect and just go out and play.
  • Despite their sustained run of excellence, one thing the Spurs have never accomplished is winning back-to-back titles. Tom Haberstroh of ESPN.com (Insider subscription required) breaks down San Antonio’s anticipated regular season roster as the team sets out to defend its crown.
  • The Spurs have remained contenders for so many years thanks to their ability as a franchise to turn players no one anticipated into stars, such as Kawhi Leonard, opines Kevin Spain of USA Today.