Houston Rockets Rumors | Hoops Rumors

Rockets Waive Delfino, Brooks

June 30th, 2013 at 12:49pm CST by Chuck Myron

JUNE 30TH: Houston has waived Delfino and Brooks, tweets Adrian Wojnarowski of Yahoo! Sports, taking his cue from Rockets GM Daryl Morey, who bid them farewell via Twitter. The Rockets were reportedly trying to trade both of them before their contracts became guaranteed at the end of today, but apparently found no takers.

JUNE 16TH: The Rockets have told the agents for Carlos Delfino and Aaron Brooks that the team will not pick up the options on their contracts for next season, reports Jonathan Feigen of the Houston Chronicle. The same is true for Francisco Garcia, as Mark Berman of Fox 26 Houston reported last month that the team will decline his option as well. The result is a savings of $11.908MM that the Rockets plan to put toward their pursuit of a marquee free agent.

Technically, Delfino and Brooks have non-guaranteed contracts for next season that would become fully guaranteed if they're not waived by June 30th, according to ShamSports.com. Essentially, that amounts to a team option on both. Delfino was set to make $3MM and Brooks $2.508MM, while Garcia's team option is worth $6.4MM next season.

The moves could be some of the last under the current phase of the team's roster construction, as Feigen details. If the team signs a big-time free agent this summer, with Dwight Howard as its primary target, it will shift toward an emphasis on veterans. The Rockets would prefer to avoid the luxury tax in coming seasons, but they're willing to go deep into the tax to keep many of their own players who are set to hit free agency in 2015, including Omer Asik, Jeremy Lin, Chandler Parsons and Patrick Beverley.

GM Daryl Morey and company will emphasize to free agents that the team has all of its future first-round picks, after having given up this year's first-rounder, and note that those draft choices can be traded for veterans. They'll also point to the mid-level and bi-annual exceptions the team will have once it goes over the cap as a means to acquire additional veterans.

In the past few seasons, Houston has turned over its roster in pursuit of superstars, but the team appears confident it will soon have a core it can build around for the long haul. The team pursued a similar veterans-first strategy in the early days of Morey's leadership, when Tracy McGrady and Yao Ming were star players.

Western Notes: Rockets, Iguodala, Clippers

June 30th, 2013 at 12:08pm CST by Chuck Myron

The Rockets have been expected to waive Carlos Delfino and Aaron Brooks before their salaries become fully guaranteed at the end of today, but Marc Stein of ESPN.com hears the team is still pursuing 11th-hour trade possibilities for the two, despite the slim chance they'll find a deal (Twitter links). That's just one of many news items out of the West with free agency less than 12 hours away:

With a host of teams vying for Andre Iguodala, Nuggets GM Tim Connelly and coach Brian Shaw will meet with Iguodala on Monday in Los Angeles, tweets Adrian Wojnarowski of Yahoo! Sports (Twitter link).
Doc Rivers is downplaying talk of a trade involving Eric Bledsoe or anyone else, as Broderick Turner of the Los Angeles Times notes. The Clippers have interest in retaining Lamar Odom and Matt Barnes, Turner reports, adding that the Lakers are also high on Barnes.
Though the Clippers reportedly prefer Andrea Bargnani to DeMar DeRozan, Ryan Wolstat of the Toronto Sun notes that Rivers has always held DeRozan in high regard (Twitter link).
O.J. Mayo is expected to turn down his $4.2MM player option for next season, and while his preference is to return to Dallas, the Mavs won't receive a discount, tweets Tim McMahon of ESPNDallas.com.
Carl Landry's first priority will be to re-sign with the Warriors, but he believes there will be about half a dozen teams pursuing him, and he expects the Blazers to be one of them, the power forward tells Chris Haynes of CSNNW.com. Landry reciprocates Portland's interest.
The Suns won't be in the market for big-ticket free agents, writes Paul Coro of the Arizona Republic. The team prefers to keep its cap flexibility to accomodate an enticing trade possibility or next year's crop of free agents. The Suns will be in contact with Wesley Johnson, one of their own free agents, Coro says.
New Kings GM Pete D'Alessandro is promising an "aggressive" approach to the offseason, as Ailene Voisin of the Sacramento Bee observes. The Kings won't simply let restricted free agent Tyreke Evans go without matching his offer or working out a sign-and-trade, writes Voisin, who pegs his market value at between $8MM and $10MM per year.
Yesterday was the deadline for the Spurs to waive Matt Bonner before his $3.945MM salary for next season, which had been partially guaranteed for $1MM, became fully guaranteed. So, Bonner will be back, unless the team waives him via amnesty, as Jeff McDonald of the San Antonio Express-News points out as he examines the Spurs' offseason.

Pelicans Have Strong Interest In Andre Iguodala

June 30th, 2013 at 10:44am CST by Chuck Myron

The Pelicans have strong interest in free agent swingman Andre Iguodala, tweets Marc J. Spears of Yahoo! Sports. The Nuggets, Hawks, Pistons, Kings, Mavs, Warriors and Rockets are all in the mix as well, according to USA Today's Sam Amick (Twitter link). When Iguodala opted out of his contract with Denver this month, Adrian Wojnarowski of Yahoo! Sports identified many of those teams, along with the Cavs, as likely to have interest in the Rob Pelinka client.

The Pelicans appear to be one of the most aggressive teams this offseason, already having pulled off a trade at the draft for Jrue Holiday, Iguodala's former teammate in Philadelphia. New Orleans is also said to be making Eric Gordon "very available" in trade talks. The Pelicans will have plenty of cap space available if they wish to make Iguodala a maximum-salary offer, but I'm not sure they'd need to go that far. The max for the nine-year veteran would entail a starting salary worth 30% of the salary cap, or around $19.5MM. He would have made $16.155MM had he opted in with Denver.

Among the other teams pursuing Iguodala, the Rockets and Mavs will focus first on higher priorities like Dwight Howard, as Amick tweets, also noting that the Warriors interest in Iguodala is likely only cursory, given their lack of cap space and proximity to the luxury tax line. The Warriors are pursuing Howard, too, but that, too, appears a longshot.

Warriors Meeting With Howard Next Week

June 29th, 2013 at 6:59pm CST by Spencer Lund

7:14pm: USA Today's Sam Amick tweets that Howard will meet with the large Rockets contingent (see below) at 9 p.m. PST Sunday when free agency officially begins.

6:59pm: Sam Amick of USA Today tweets that Howard's schedule next week in LA includes Warriors and Hawks on Monday and Mavericks and Lakers on Tuesday.

This comes after Dwight meets with the Rockets late Sunday night when the free agency period officially starts at midnight.

ESPN.com's Ric Bucher earlier said Howard would not be meeting with the Warriors (Sulia link), but they have been granted the option to visit him, and will take that opportunity league sources tell him. This despite the unlikelihood the Warriors could afford Howard without a sign-and-trade (Sulia link).

6:14pm: Yahoo! Sports' Adrian Wojnarowski is reporting that Warriors owner Joe Lacob, GM Bob Myers and coach Mark Jackson will meet with Howard next week (Twitter).

5:51pm: The Dwight Howard drama continues as we come up on the month of July when teams, other than the Lakers, can pitch the big man on joining forces this summer. Dwight's the biggest question mark among the star free agents this summer, after the Lakers had initially appeared to be the frontrunners to retain the three-time Defensive Player of the Year.

Chris Paul is likely to re-sign with the Clippers after they traded a 2015 first round pick to hire Doc Rivers away from the Celtics, but now the Clippers might be making a move to challenge the Rockets, Mavericks and Lakers for D-12's services, reports Sports on Earth's Shaun Powell (Twitter links).

The Clippers have the OK from owner Donald Sterling to do whatever it takes, but the acqusition of Howard would depend on a salary and sign-and-trade options, since signing Paul and Howard to max contracts would be untenable under the current CBA with their cap space.

According to Powell, Howard wants to play with Paul because he feels the point guard would get him the ball. Despite both Doc and Paul wanting Howard, they won't pursue him at the expense of Blake Griffin (Twitter links). Here's some more surrounding Howard's upcoming week talking with various team's jockeying for his services.

The Rockets are meeting with Howard first on Sunday night, with owner Leslie Alexander, CEO Tad Brown, general manager Daryl Morey, former stars Hakeem Olajuwon and Clyde Drexler (the latter of whom comes via MyFoxHouston's Mark Berman), and current stars James Harden and Chandler Parsons, expected to be in attendance.
But the Mavericks are also putting together a group to meet with Howard on Tuesday in Los Angeles, according to Chris Broussard of ESPN.com (Twitter). Dirk Nowitzki and owner Mark Cuban are expected to be a part of the Mavs' formal pitch.
ESPNLosAngeles.com's Ramond Shelburne tweets that Dwight is expected to meet with at least four teams. Emphasis hers.
Marc Berman of the New York Daily News believes Dwight will head to the Rockets if he leaves the Lakers.
Kobe Bryant sat down with Mike Trudell at Lakers.com to share his thoughts on Howard's free agency and the importance of Howard arriving at his decision on his own.

Rockets To Meet With Dwight Howard First

June 29th, 2013 at 2:38pm CST by Chuck Myron

The Rockets will meet with Dwight Howard late Sunday night in Los Angeles, soon after teams other than the Lakers become eligible to negotiate with the free agent center, reports Jeff Goodman of ESPN.com. The same can't be said for Golden State, as a source close to Howard tells Ric Bucher of 95.7 The Game that the sought-after free agent center won't visit the Warriors to hear a pitch from the team (Sulia link). An earlier report indicated that the Warriors were hoping to sit down with Howard, and that he was likely to indulge them on their request.

Houston's contingent will include GM Daryl Morey, coach Kevin McHale, owner Les Alexander, Hall-of-Fame Rocket Hakeem Olajuwon and current Rockets James Harden and Chandler Parsons, Goodman writes. The Rockets have emerged as the front-runner in the last few weeks for the famously indecisive Howard, whose most serious suitors appear to be Houston, the Mavs and the Lakers, according to Bucher. Parsons has said he's been in contact with Howard every day this spring.

The Warriors don't have cap space for 2013/14, so the only way they could acquire Howard would be via sign-and-trade as Bucher points out. Even if the Lakers agree to such a maneuver, the Warriors would have to send back close to $20MM in salary to make the deal work with a max contract for Howard, which could gut a roster that made it to the Western Conference semifinals last season.

The Hawks don't make much sense for Howard, Bucher writes, adding that Howard may listen to a pitch from Atlanta simply so he's not seen rejecting the notion of coming to his hometown team out of hand.

Odds & Ends: Brown, Granger, Brooks, Cavs

June 29th, 2013 at 12:02am CST by Chuck Myron

It's been a relatively quiet post-draft night around the NBA, but such inactivity won't last long. Teams can negotiate with free agents from other clubs starting Monday, and we'll likely find out the destinations for most of the top available talent in the week ahead. Here's what we know now:

Spurs assistant Brett Brown is a candidate for both of the league's remaining head coaching vacancies, but while the Sixers have strong interest in hiring him, Brown is "extremely" interested in the Celtics job, a source tells Baxter Holmes of the Boston Globe.
Before Larry Bird returned this week as Pacers president of basketball ops, the team appeared to favor keeping Danny Granger rather than trading him this summer. Bird is on board with that plan, notes Bob Kravitz of the Indianapolis Star.
The Nets tried to trade MarShon Brooks during the draft for a second-round pick, but when they found no one willing to do such a deal, they substituted him for Reggie Evans in the Kevin Garnett/Paul Pierce blockbuster, reports Stefan Bondy of the New York Daily News.
The Cavaliers are looking for a center, small forward and backup point guard, and they're willing to swing a trade to fill those needs, tweets Sam Amico of Fox Sports Ohio.
The Rockets timed renovations to their home arena to coincide with free agency, so potential players could see the franchise's upgrades in action, as Jonathan Feigen of the Houston Chronicle details.
Vincent Goodwill of the Detroit News speculates on potential trade targets for the Pistons, who've had Wilson Chandler of the Nuggets "on their radar" for a while, Goodwill writes.
Keith Schlosser of Ridiculous Upside identifies five players left undrafted Thursday whose chances of making the NBA could benefit from a D-League stint.
Rick Bonnell of the Charlotte Observer figures the kind of deal Brandon Jennings gets in restricted free agency this year could set the bar for Kemba Walker, whose rookie-scale contract with the Bobcats is up in 2015 (Twitter link).

Minor Moves: Nuggets, Leslie, Pressey, Daniels

June 28th, 2013 at 10:22am CST by Luke Adams

With the 2013 draft in the books, there are still plenty of intriguing prospects that were not among the 60 players who heard their names called on Thursday night. Many of those guys will be snapped up quickly for Summer League rosters, while others could sign outright with an NBA team.

Adrian Wojnarowski of Yahoo! Sports reported a handful of signings late last night, and it's my understanding that these are actual free-agent contracts rather than just Summer League invites, though that's not entirely clear. Either way, the agreements will provide these undrafted free agents a chance to audition for a possible NBA roster spot. Here's a recap:

Kennedy has corrected his earlier report (linked below), tweeting that Harris is simply playing for the Nuggets in Summer League action, and not signing with the team yet. I imagine that may be the case for Howell and some of the other players listed below as well, though it seems as if Covington, at least, will ink an actual contract with the Rockets. We'll likely have to wait until July for official word.

Earlier updates:

Alex Kennedy of HoopsWorld reports (via Twitter) that undrafted free agents Richard Howell and C.J. Harris will sign with the Nuggets. Again, players don't necessarily have to be under contract with a team to play for a Summer League squad, so Kennedy's wording suggests that Howell and Harris will ink deals to earn a pair of Denver's 20 summer roster spots, though that's not 100% certain.
Former N.C. State forward C.J. Leslie has reached an agreement on a deal with the Knicks, reports Wojnarowski (via Twitter). Leslie had been ranked the 40th-best prospect available by Jonathan Givony of DraftExpress.com and 41st by ESPN.com's Chad Ford.
Phil Pressey, a 5'11" point guard out of Missouri, has reached an agreement on a deal with the Celtics, tweets Wojnarowski. Gary Washburn of the Boston Globe reported last night that Boston figured to "immediately go after" Pressey once he went undrafted.
Former VCU guard Troy Daniels has agreed to a free agent deal with the Bobcats, according to Wojnarowski (via Twitter). Daniels averaged 12.3 PPG and shot 40.3% on three-pointers in his final season with the Rams.
Rodney Williams, Ford's 80th overall prospect in this year's class, has agreed to a deal with the 76ers, tweets Wojnarowski. The 21-year-old forward is coming off four years at the University of Minnesota.
Robert Covington will sign a two-year, partially-guaranteed contract with the Rockets, reports Jonathan Givony of DraftExpress.com (via Twitter). According to Givony's sources, the guarantee for the former Tennessee State forward will be "substantial" — likely around $150K.

Andre Iguodala Opts Out, Will Be Free Agent

June 28th, 2013 at 10:18am CST by Luke Adams

JUNE 28TH: Iguodala has formally filed his paperwork to opt out, making his decision official, tweets ESPN.com's Chris Broussard.

JUNE 14TH: Andre Iguodala has decided to opt out of the final year of his contract and become an unrestricted free agent, reports Adrian Wojnarowski of Yahoo! Sports. According to Wojnarowski, agent Rob Pelinka informed Nuggets CEO Josh Kroenke of the decision on Thursday.

"We are fully aware of Andre's intentions and he's well aware of how much we want him back," Kroenke said. "Andre us a huge priority for our organization."

While there appears to be mutual interest between Nuggets and Iguodala in a new deal, Denver is currently without a GM or coach, which makes the situation a little murkier. There will also be plenty of clubs vying for the 29-year-old's services. Wojnarowski names the Hawks, Cavaliers, Mavericks, Rockets, Pistons, and Pelicans as likely suitors.

An official decision from Iguodala is due by June 25th, but assuming he opts out, he'll be eligible for a new five-year contract from the Nuggets or a four-year deal from another team. He'll pass up a 2013/14 salary that Wojnarowski cites as $15.9MM, though various salary databases have it at $16.15MM — that salary included $250K in likely incentives, so perhaps those incentives are now listed as unlikely.

In any case, although I'm skeptical that Iguodala will land an annual salary that exceeds the approximate $16MM he would have earned on his current contract, he'll certainly be able to secure a significantly larger guarantee in a new long-term deal.

Rockets Looking To Move Jeremy Lin?

June 27th, 2013 at 6:30pm CST by Luke Adams

The Rockets would like to move Jeremy Lin's contract, and are prioritizing cap relief or acquiring young basketball assets, according to Mark Deeks of ShamSports.com (via Twitter). Deeks adds (via Twitter) that in addition to gaining cap relief, dealing Lin would allow the team to play Patrick Beverley more.

With the Rockets considered a potential destination for Dwight Howard, the team continues to try to clear the space necessary to make a maximum-salary offer to the big man. Thomas Robinson's name has come up more frequently in trade rumors, but Lin's cap hit is more than twice what Robinson's is, so it wouldn't be a surprise if the Rockets were gauging Lin's value as well.

Kennedy On Magic, Noel, Len, McLemore, Cavs

June 27th, 2013 at 2:12pm CST by Zachary Links

Here's the latest draft buzz from Alex Kennedy of HoopsWorld (all links go to Twitter)..

It sounds like the Magic are really high on Nerlens Noel, Kennedy tweets. If the Cavaliers select Alex Len at No. 1, Orlando may go with Noel.
If Noel is gone, the Magic will likely select Ben McLemore or Victor Oladipo. Many people are assuming Oladipo will be the pick in that case, but Kennedy is not so sure.
Some sources tell Kennedy that Shabazz Muhammad will slip out of the lottery, which lines up with him not being invited to green room.
There are still questions about Oladipo and teams are intrigued by McLemore's upside. Kennedy has been told that the Indiana product could slip all the way to the Suns at No. 5.
The Mavs continue to shop the No. 13 pick. The Wolves and Thunder want to move up while the Grizzlies, Rockies, Warriors, and 76ers want to add a first-rounder.