Rockets Rumors: Gibson, Brewer, Asik

The Rockets have been the toast of the NBA's free agency period after agreeing on a deal for free agent Dwight Howard last night, but since the move they haven't rested on their laurels. General manager Daryl Morey has signed Omri Casspi from the Cavs, and re-signed Francisco Garcia.

But Morey and the Rockets aren't done as they're testing the waters to shore up their backcourt and figure out what to do with Jeremy Lin and Omer Asik, who have been offered in trade packages as the Rockets look to team James Harden and Howard with a third superstar.

The offering of Lin and Asik comes despite reports from Ken Berger at CBSSports.com earlier today that the Rockets may keep Asik and Lin next year. Asik has already voiced his displeasure at staying in Houston to back-up Dwight at center. 

Marc Stein of ESPN.com tweets that a rumored Pelicans sign-and-trade for Asik, which sources originally revealed to Yahoo! Sports' Adrian Wojnawrowski, hasn't even been discussed, and if it had the Pelicans would not be interested in the former Bulls center who took on a larger role with the Rockets this year. Let's look at a couple more rumored moves involving the Rockets this afternoon:

  • Jonathan Feigen of the Houston Chronicle says the Rockets are interested in the Nuggets' unrestricted free agent Corey Brewer (Twitter).
  • The Rockets are also looking at Houston native and Cavs free agent, Daniel Gibson, tweets Sam Amico of Fox Sports Ohio, but cautions they're holding off on signing him for now.
  • Marc Stein of ESPN.com tweets that with the Mavs and Warriors both currently looking to sign Suns unrestricted free agent Jermaine O'Neal, the Rockets might also be in the running.
  • Because the Rockets signed Casspi and Garcia to two-year deals, they're not reimbursed for parts of contract over $884,293 tweets Eric Pincus of HoopsWorld.

Dwight Howard Could Opt Out In 2016

Dwight Howard's new four-year, $88MM deal with the Rockets includes an early termination option after the 2015/16 season, according to Adrian Wojnarowski of Yahoo Sports. The contract also includes a 15% trade kicker, but that doesn't mean an awful lot for the big man.

Our own Luke Adams crunched the number's on Howard's potential max contract scenarios earlier this year and found that the ~$88MM mark is the absolute most D12 can receive in a contract with a new club. Because a trade kicker can't elevate a player over the player's max salary, it probably won't make much of a different in Howard's bank account if he is moved.

However, the option is certainly noteworthy. The CBA doesn't allow early termination options on contracts shorter than five years, so the fourth year should technically be a player option, but it ultimately has the same effect: Howard could potentially hit the reset button on the free agency Dwightmare in three short years.

Rockets Open To Keeping Asik, Lin

Even though they won’t rule out trades after landing Dwight Howard, the Rockets are now open to keeping both Omer Asik and Jeremy Lin, league sources tell Ken Berger of CBSSports.com (via Twitter).   As it stands, the Rockets have no deals in place and no plans in place, one source tells Berger (Twitter link).

Asik and Lin, who earn a combined $16.7MM next season, have popped up in trade talk as the Rockets were reportedly looking into revamping the roster around their prized acquisition.  Last night, Chris Broussard of ESPN.com heard that the two sides were discussing a sign and trade for Hawks forward Josh Smith involving the duo.  While that was later disputed by a second report, the Rockets’ past interest in Smith is well-documented and those two would undoubtedly need to be involved in such a deal.

Just last year, the former Bulls big man and Knicks’ guard were the talk of Houston as the Rockets landed both players with heavily backloaded deals.  They’re in the team’s plans, for now, but that could change if GM Daryl Morey sees an opportunity to pair Howard and James Harden with a third superstar. 

Odds & Ends: Barea, Kenyon, Sampson, Copeland

Here's more from the NBA on an landmark night in free agency:

  • A Dallas source tells Darren Wolfson of 1500 ESPN Twin Cities that the Mavs' agreement with Jose Calderon likely knocks them out of discussions for J.J. Barea. Still, the Wolves remain upbeat about their chances of a Barea deal with the Mavs, in what would be a salary dump enabling Minnesota to clear money for a defensive-minded wing player (All Twitter links).
  • The Spurs have been one of many teams reportedly interested in Kenyon Martin, and now they're "in hot pursuit" of the veteran big man, though the Knicks and others remain in play, tweets Jared Zwerling of ESPNNewYork.com. 
  • Ric Bucher of 95.7 The Game heard that Rockets assistant coach Kelvin Sampson wouldn't return to the team, but Sampson tells Mark Berman of Fox 26 Houston that he'll be back in Houston. (Twitter links). "That's just a bad rumor," Sampson said. "I'm looking forward to a great year with the Rockets."
  • The Pacers and Chris Copeland discussed a third year that would have been a team option, but settled instead on their two-year, $6.12MM agreement, writes Jared Zwerling of ESPNNewYork.com.
  • Marcus Thompson of the Bay Area News Group briefly looks at what the Warriors could do with the trade exceptions they'll acquire as part of their deal with the Jazz. He also hears that the W's see Andre Iguodala as capable of handling backup point guard duties, so the team will prioritize finding a backup center over a backup point guard (Sulia link).
  • In a separate piece, Thompson recounts the steps Iguodala took on the way to his agreement with the Warriors, noting that Iggy has long considered Golden State a desirable destination. 
  • Lately, agent Dan Fegan has been preoccupied with other free agent clients, such as Dwight Howard, so he and the Wizards have yet to begin discussing an extension for John Wall, writes J. Michael of CSNWashington.com. Wall is extension-eligible this season, and will hit restricted free agency next summer if he and the Wizards don't strike a deal by Halloween.
  • In an interview with DraftExpress.com, Dario Saric suggests that the Mavericks were interested in making him a promise at No. 13 had he not withdrawn from last week's draft.

Luke Adams contributed to this post.

Dwight Howard On Decision To Sign With Rockets

Dwight Howard has been speaking with several reporters in the wake of his choice of the Rockets earlier this evening. HoopsWorld's Alex Kennedy is one of them, and he delivers the big man's thoughts in Q-and-A format, including Howard's revelation that he asked the Lakers to hire Phil Jackson as coach. The entire piece is worth a read, but we'll pass along a few highlights here: 

On the decision-making process and how the Rockets swayed him:

"It wasn’t really the presentation. Every team that I talked to had a great presentation. And it’s not like I came in thinking that the Rockets would be the team and didn’t pay attention in the other meetings or anything like that. I really listened. I took notes. I asked questions. I did everything I could to make sure I was making the best possible decision for myself. I just looked at everything in the end and I just felt like this was the place to go."

On turning down the Lakers:

“Very tough. Very, very, very tough. Very, very tough. People wouldn’t understand. Walking away from them and walking away from $30MM. That shows you right there that I want to win. I want to win. Nothing else matters other than winning. I don’t think anybody would’ve ever walked away from $30MM, but I want to win. But yeah, just walking away was tough. I was walking away from six million fans. I was walking away from a storied franchise. All of that makes it tough and it makes it a really, really big risk. I learned a lot from the situation in Orlando though, when I was afraid to walk away because I didn’t want to hurt people. I was afraid to leave because everything seemed like it was great. But now, I’m doing what’s best for Dwight. People are going to be mad and upset either way, so I’d rather be happy. I want to be happy playing basketball rather than upset doing what everyone wants me to do.”

On whether the Rockets pitched the idea of playing with Josh Smith:

“They didn’t talk to me about it. They just talked about the opportunity that they have for me and what they can provide for me as a player. That’s what was intriguing for me. But like I said in the beginning, it was very tough. Very, very tough.”

Rockets, Hawks Talk Josh Smith Sign-And-Trade

10:50pm: The Rockets are getting "no traction" in their efforts to acquire Smith via sign-and-trade, tweets Jonathan Feigen of the Houston Chronicle.

7:16pm: Adrian Wojnarowski of Yahoo! Sports hears the Rockets and Hawks haven't discussed a Smith sign-and-trade. Still, talks could begin soon, a source tells Wojnarowski (Twitter link).

6:16pm: The Rockets and Hawks are working on a sign-and-trade deal that would send Josh Smith to the Rockets, tweets Chris Broussard of ESPN.com, who figures Omer Asik and Jeremy Lin are headed to Atlanta. Presuming Dwight Howard signs with Houston, such a move would give the Rockets a third star to pair with James Harden while facilitating Asik's desire to move on.

It's not clear exactly what kind of contract Smith would get out of the deal, but he could wind up with as much as approximately $74MM over four years in a max deal, with a starting salary of about $17.35MM, though the final max figure won't be known until the July Moratorium ends next week. Asik's and Lin's salaries for next season add up to about $16.7MM, so a max deal for Smith, which he said during the season he'd be seeking, could be in the cards.

Of course, even if the Hawks and Rockets agree to a swap, Smith would have to give his consent. Smith has been contemplating his future since meeting earlier this week with teams including the Pistons, Rockets and Hawks.

Dwight Howard To Sign With Rockets

10:01pm: Howard, as promised, took to Twitter (or Twitlonger, to be precise) to reveal his choice of the Rockets.

"I've decided to become a member of the Houston Rockets. I feel its the best place for me and I am excited about joining the Rockets and I'm looking forward to a great season. I want to thank the fans in Los Angeles and wish them the best." 

9:36pm: It appears Howard has picked the Rockets once and for all. The Lakers have released a statement from GM Mitch Kupchak:

"We have been informed of Dwight's decision to not return to the Lakers. Naturally we're disappointed. However, we will now move forward in a different direction with the future of the franchise and, as always, will do our best to build the best team possible, one our great lakers fans will be proud to support. To Dwight, we thank him for his time and consideration, and for his efforts with us last season. We wish him the best of luck on the remainder of his NBA career."

Of course, nothing's official until July 10th, when the league's July Moratorium is up, but presumably, Howard will be headed to Houston.

9:33pm: HoopsWorld's Alex Kennedy hears from a source close to Howard that he's decided to join the Rockets after all (Twitter link).

8:46pm: On ESPN's SportsCenter, Chris Broussard is reporting that Howard has told the Lakers he's changed his mind, and both the Lakers and Rockets have 50-50 chances, according to multiple reports (All Twitter links).

6:32pm: Howard is flying from Colorado to L.A. to speak with Lakers GM Mitch Kupchak tonight, Bresnahan tweets.

5:47pm: Asik has no interest in backing up Howard if D12 does indeed come to Houston, and that could force a trade, according to Brian Windhorst of ESPN.com. The Hawks would listen to a sign-and-trade proposal involving Smith, Windhorst adds (Twitter links).

5:41pm: If Howard does sign with the Rockets, Mannix expects the team to try to flip Omer Asik, possibly as part of a deal for Josh Smith (Twitter link). Pincus believes the Rockets may still need to create a little more cap room to sign Howard outright to a max deal, though that won't be official until the salary cap is set next week, when the July Moratorium ends (Twitter link). 

5:36pm: Houston GM Daryl Morey tweets that while he is "excited & cautiously optimistic" that Howard might choose Houston, he and the team have not been informed of his decision (hat tip to HoopsWorld's Eric Pincus).

5:31pm: As it stands at the moment, Fegan appears to be the one putting the brakes on the story, telling Mike Bresnahan of the Los Angeles Times that, "Based on my most recent conversation wirh Dwight, it’s inaccurate" that he has chosen Houston (Twitter link). Howard had been leaning toward Houston, but with his back issues, he's wondering if leaving $30MM is the right idea, Bresnahan tweets.

5:21pm: Multiple sources tell Wojnarowski that Howard has chosen the Rockets, but that he is still finalizing details of the agreement (Twitter link). Chris Mannix of SI.com says that he's been told Howard is wrestling with the idea of passing up the extra $30MM or so that the Lakers could offer, but if all things were equal, he'd go to Houston (Twitter link). Kennedy echoes that sentiment via Twitter. The Lakers and Rockets are the only two teams that haven't been notified they're out of the running, Wojnarowski notes (on Twitter).

5:15pm: A decision is coming tonight or tomorrow, tweets Kennedy.

5:12pm: A source close to Howard tells Alex Kennedy of HoopsWorld that no decision has been made, although it's unclear whether that source spoke to Kennedy before or after news broke that he would sign with the Rockets (Twitter link). While Berger and TNT's David Aldridge both confirm Howard will sign with the Rockets (Twitter links), agent Dan Fegan tells Adrian Wojnarowski of Yahoo! Sports that "Dwight has not finalized his decision" (Twitter link).

4:55pm: The most-discussed free agent of the summer has finally made his decision. After spending the week meeting with five different teams and weighing his options at a Colorado resort, Dwight Howard has opted to sign with the Rockets, reports Sam Amick of USA Today.

Howard has begun personally calling teams to tell them of his decision, tweets Ken Berger of CBSSports.com. The Warriors have already received one of those calls from Howard, according to Marcus Thompson of the Bay Area News Group (Twitter link). The Hawks and Lakers appeared to be the other teams in the running at the very end, with the Mavericks having been officially eliminated earlier.

Chuck Myron contributed to this story.

Omer Asik Wants Out Of Houston; Pelicans In Mix?

8:01pm: There's no question Anderson would intrigue the Rockets, but the Pelicans are wary of giving him up without getting more than Asik in return, Wojnarowski tweets.

7:29pm: The Pelicans have shown strong interest in Asik, and are likely centering their offer on Ryan Anderson, tweets Adrian Wojnarowski of Yahoo! Sports.

5:53pm: A source tells Ken Berger of CBSSports.com that Omer Asik wants out of Houston, and other teams are already making pitches (Twitter link). Once a deal between the Rockets and Dwight Howard is finalized, Asik could be sent to the Hawks for Josh Smith, though the Mavs are also making a push, Berger adds via Twitter. I presume he means the Mavs are making a push for Asik and not Smith, but that's just my speculation. Chris Mannix of SI.com and Brian Windhorst of ESPN.com reported earlier details on the story, with Windhorst noting that the Hawks would sign to a sign-and-trade offer for Smith.

A destination that would appeal to Asik is the Bulls, where he began his career, tweets Adrian Wojnarowski of Yahoo! Sports. That would reunite him with coach Tom Thibodeau, who'd also be interested in such a deal. That might be more difficult for the over-the-cap Bulls to pull off than it is for the Hawks or Mavs, however. Asik has $16,749,292 left on his deal over the next two seasons. The Hawks won't rush in to any deal, according to TNT's David Aldridge, who says the team won't be making moves just to be "active," and any move would have to fit with the team's culture (Twitter link). 

Even if the Hawks aren't interested in Asik, several other teams, including the Warriors, are, tweets Ric Bucher of 95.7 The Game. Late last month a report surfaced indicating the Rockets were looking to unload Asik and Jeremy Lin, though Houston GM Daryl Morey backtracked from that story. Luke Adams of Hoops Rumors wondered if Morey's comments were simply to try to make sure Asik and Lin would still be on board if Howard passed on signing with the team, but it appears at least that Asik has been turned off. Lin would be tougher to move than Asik, Bucher points out, noting that many front offices view the point guard as a backup.

Windhorst raises the possibility of Asik heading to the Lakers in a Howard sign-and-trade, and notes that Asik doesn't want to play in any twin-tower Rockets lineups alongside Howard, either. While Asik's cap hit for the next two seasons will be around $8MM, he's actually owed more than $20MM total because of the way his deal with Houston was structured, per the Gilbert Arenas Provision.

Rockets To Trade Royce White To Sixers

7:50pm: Furkan Aldemir is headed to Philadelphia as well, tweets Keith Pompey of the Philadelphia Inquirer, identifying the international prospect in the deal.

7:02pm: The Rockets have agreed to trade Royce White to the Sixers, according to Adrian Wojnarowski of Yahoo! Sports. Houston will receive future draft considerations from Philadelphia, and the Rockets will throw in the draft rights to an international prospect as well as cash. 

White, the 16th pick in the 2012 draft, never appeared in a regular season game for the Rockets because of his battles with the team concerning accomodations for his psychological disorders. He averaged 11.4 points and 5.7 rebounds in 16 games for the Rio Grande Valley Vipers, Houston's D-League affiliate.

The move clears White's $1,719,480 guaranteed salary from Houston's books, though as HoopsWorld's Eric Pincus points out (on Twitter), the Rockets still probably need to clear a little more room to fit in a max contract for Dwight Howard. That could entail simply cutting one of a few players on a non-guaranteed deal. Greg Smith, James Anderson, Patrick Beverley and Tim Ohlbrecht all have deals that aren't fully guaranteed, though Beverley would figure to be the least likely among them to go.

Rockets, Warriors In Lead For Dwight Howard

4:40pm: Following the Warriors' agreement with Iguodala, Golden State and Houston are now Howard's top two preferred destinations, according to TNT's David Aldridge (via Twitter). Aldridge cautions that the Lakers aren't out of the running yet, but says they seem to be trailing behind the other two teams.

4:27pm: Prior to the Warriors' trade agreement with the Jazz and contract agreement with Andre Iguodala, Howard had narrowed his options down to the Lakers and Rockets, according to Adrian Wojnarowski of Yahoo! Sports. However, with Iguodala now on board in Golden State, it's unclear if that changes Howard's outlook. The Warriors have not been informed that they're out of the running (Twitter links).

4:10pm: One suitor for Dwight Howard is officially off the board, and the All-Star center won't be pairing with Dirk Nowitzki in the Big D. The Mavericks have been notified they're no longer in the running for Howard, reports ESPN.com's Marc Stein (via Twitter).

As we noted in our earlier round-up of the day's D12 rumors, Sam Amick of USA Today reported that the Mavericks and Hawks had both been receiving "strong signals" that Howard wouldn't sign with them. At that point, however, no teams had been formally informed that they were out of the mix.

With Dallas no longer in play for Howard and Atlanta looking like an extremely unlikely destination, the Rockets, Warriors, and Lakers remain in the hunt. Golden State has been receiving plenty of buzz today, having agreed to a deal with Andre Iguodala while managing to hang on to chips to dangle in sign-and-trade negotiations. However, Houston has been frequently cited as the frontrunner.

Show all