Houston Rockets Rumors | Hoops Rumors

Rockets Waive Lazar Hayward, Shaun Livingston

October 29th, 2012 at 3:32pm CST by Luke Adams

3:32pm: Berman confirms (via Twitter) that the Rockets have waived Hayward. In addition to Hayward, Forbes, Brockman, and JaJuan Johnson, Houston has also released Shaun Livingston, according to Jonathan Feigen of the Houston Chronicle (via Twitter). Livingston was under contract for $3.5MM this season, but only $1MM was guaranteed.

2:10pm: Shortly after acquiring him from the Thunder, the Rockets are expected to waive Lazar Hayward, according to Mark Berman of the FOX 26 Houston (Twitter link).

With 19 players under contract, Houston has to release four players today in order to reduce their roster to the 15-man regular-season limit. We've heard previously that Gary Forbes and Jon Brockman are expected to be cut. If the team makes that official, and releases Hayward, it would still need to waive one more player.

Hayward, 25, has appeared in 68 total games for the Timberwolves and Thunder since being drafted 30th overall in 2010. He has averaged just 2.9 PPG on 35.4% shooting in his two NBA seasons. Like Forbes and Brockman, Hayward has a guaranteed contract for 2012/13, so the Rockets will need to eat some salary in order to waive him. The Marquette product is owed $1,174,080 for the coming season, and had a team option for $2.12MM, which it seems won't be picked up.

Rockets Waive Johnson, Forbes, Brockman

October 29th, 2012 at 2:27pm CST by Chuck Myron

MONDAY, 2:27pm: The Rockets have waived Forbes and Brockman as well, according to Mark Berman of FOX 26 Houston (via Twitter).

SUNDAY, 12:11pm: The team has waived Johnson, according to his agent, Kevin Bradbury, Mark Berman of FOX 26 reports (Twitter link).

11:20am: The Rockets are expected to waive Gary Forbes, Jon Brockman and JaJuan Johnson on Monday, reports Jonathan Feigen of the Houston Chronicle (Twitter link). All three have fully guaranteed salaries, with two more cuts necessary to get down to the regular-season roster limit of 15 by Monday's 4:00pm Central time deadline.

Forbes is set to make $1.5MM, Johnson $1.089MM, and Brockman $1MM this season, all of which the Rockets would have to pay regardless of whether they're waived. Houston has three players with partially guaranteed contracts, but no one on a non-guaranteed deal.

Thunder Trade James Harden To Rockets

October 29th, 2012 at 1:30pm CST by Sean Highkin

MONDAY, 1:30pm: All the physicals and paperwork relating to the Harden trade have been completed, meaning the Rockets can now officially negotiate and sign an extension for Harden, reports Jonathan Feigen of the Houston Chronicle (via Twitter). As Feigen notes, extension talks shouldn't drag on, since a max-salary offer is expected.

SUNDAY, 1:49pm: According to SI.com's Ben Golliver, Harden has indicated he will sign a maximum extension with the Rockets before Wednesday's deadline.

10:15am: Harden has expressed interest in the maximum-salary deal that the Rockets will offer him, Mark Berman of Fox 26 hears (Twitter link). Jonathan Feigen of the Houston Chronicle has no doubt Harden will sign the extension, calling it a "slam dunk" (Twitter link).

SATURDAY, 10:42pm: Wojnarowski adds that the Rockets, unlike the Thunder, are able to give Harden a five-year maximum extension. Under the Collective Bargaining Agreement, each team is allowed to designate one player to receive a five-year max extension, and the Thunder have already given one to Russell Westbrook. You can view a complete list of teams who have used their five-year extensions here.

10:20pm: Wojnarowski reports (Twitter links) that the Thunder's final offer to Harden was for between $53 and $54MM over four years, and the extension the Rockets will give him once the trade is completed will be worth $60MM over four years.

10:14pm: ESPN.com's Marc Stein reports that the Rockets plan to sign Harden to the maximum four-year contract extension he was seeking from the Thunder before Wednesday's deadline.

10:06pm: Wojnarowski has clarified the draft picks the Thunder will receive in the deal (Twitter links). Oklahoma City will receive 2013 first-round picks from the Rockets belonging to Dallas and Toronto, in addition to a 2013 second-round pick belonging to Charlotte.

10:02pm: Specifics of the picks the Thunder will receive from the Rockets are not clear, but Wojnarowski reports that they will be "significant." He adds that Thunder GM Sam Presti quickly decided to trade Harden after extension talks broke down. Earlier Saturday, Wojnarowski reported that Harden had rejected an offer of four years at $52MM from the Thunder but that the sides were continuing to negotiate.

9:47pm: Yahoo's Adrian Wojnarowski reports (all Twitter links) that the Oklahoma City Thunder have traded James Harden to the Houston Rockets along with Cole Aldrich, Lazar Hayward, and Daequan Cook in exchange for Jeremy Lamb, Kevin Martin, and future draft picks.

Warriors, Jazz, Others Discussed James Harden

October 29th, 2012 at 10:56am CST by Luke Adams

10:56am: Suns president Lon Babby confirmed to Paul Coro of the Arizona Republic that Phoenix had been engaged with the Thunder in trade talks for Harden, though he says that no proposal ever gained serious traction.

"We were engaged in discussions on numerous occasions," Babby said. "We most recently met in person when we played them [on October 19th]. At the end of the day, there wasn’t a deal that was workable for both sides."

8:53am: According to Zach Lowe of Grantland.com, Thunder GM Sam Presti had at least "semi-serious" trade conversations involving James Harden with a number of teams before eventually accepting the Rockets' offer. Lowe says the Warriors, Jazz, Wizards, and Raptors were among the teams that Presti spoke to before sending Harden to Houston. We heard yesterday that the Suns also pursued a trade for Harden.

The Thunder were seeking a sure-thing player who was still in the first year or two of his rookie deal, according to Lowe. That means Presti figures to have inquired on players like Klay Thompson, Derrick Favors, Enes Kanter, Bradley Beal, and Jonas Valanciunas. Lowe adds that the Thunder GM likely started the process by reaching out to the Hornets about Anthony Davis, though I imagine that conversation didn't last too long.

Here are a few more Harden-related links, as reactions continue to pour in on one of the year's most surprising trades:

Berry Tramel of the Oklahoman reports that the Thunder made a last-ditch offer to Harden on Friday, proposing a four-year, $53MM extension. The team gave him a one-hour window to accept it, telling him that if he turned it down, he'd be traded to Houston. According to Tramel's sources, Harden said he needed three days to make a decision, but because the Rockets wanted time to negotiate an extension before Wednesday's deadline, Presti stuck to the one-hour window.
The pieces the Thunder acquired for Harden are the same sort of assets the team used to initially build itself into a perennial contender, opines Darnell Mayberry of the Oklahoman.
Members of the Spurs, a team the Thunder eliminated from the playoffs earlier this year, were surprised by the deal, as Jeff McDonald of the San Antonio Express-News writes. "It's kind of weird to look at OKC and think of them without their Big Three," Danny Green said. "Things are different. Obviously they're still going to be a good team."

Odds & Ends: Harden, Lawson, Jazz, Beasley

October 28th, 2012 at 10:41pm CST by Sean Highkin

The latest news and notes from around the NBA on Sunday night:

Rockets coach Kevin McHale talked to the Houston Chronicle's Jonathan Feigen about the addition of James Harden. McHale doesn't believe Harden will have trouble transitioning from the sixth-man role he played in Oklahoma City to a starting job in Houston.
George Karl calls Ty Lawson's extension negotiations with the Nuggets a "distraction," according to Adrian Dater of the Denver Post.
Bill Oram of the Salt Lake tribune writes that the Jazz have already developed chemistry, which the team believes will work to its benefit.
Yahoo's Marc Spears writes that Michael Beasley is hoping to rehabilitate his public image in Phoenix this season.

Sam Presti Discusses Harden Trade

October 28th, 2012 at 7:51pm CST by Sean Highkin

The Oklahoma Cith Thunder made waves all around the NBA last night when they traded reigning Sixth Man of the Year James Harden to the Houston Rockets, along with Cole Aldrich, Daequan Cook, and Lazar Hayward, in exchange for Kevin Martin, Jeremy Lamb, and three draft picks. On Sunday, Thunder GM Sam Presti spoke to reporters about the move. Here's a transcript of some of his comments, courtesy of Yannis Koutroupis of HoopsWorld:

On the decision to trade Harden:

The culmination of this decision to move forward, we got to a point where we were pretty transparent, very direct as we are with all our players in this situation. As a fact, we reached a point where we had to make a decision, we made a final proposal on Friday morning that was unacceptable, we then came back to where we were beginning to execute a trade, initiation with another proposal. We were very transparent with James that if this was not acceptable, then we would have to move towards making the best decision for the franchise, given the fact that it was becoming a reality that more than likely, he would be signing elsewhere after the season. Once that reality was met, as we have in the past, this organization turned a page. We started to focus on what’s in the best interest to the program and focus on capitalizing on an opportunity that would help us both in the short term and also continue to strengthen the future of the Thunder organization and building this program in a sustainable fashion.

On Harden's reaction:

I value my relationship with James and I do with all the players that we have here, because once they walk through the doors of the Thunder, they’re going to leave an impact on the fabric of this program, one way or another. It’s been a great thing for us to watch James grow as a player and as a professional. It was a difficult situation because I didn’t think the day would come to the reality that it wasn’t going to work out and we weren’t going to be able to meet the expectations, but it doesn’t change how we feel about James Harden. We wish him the best and any relationships that he has here will live on, but once that was established we had to do what was best for the organization. In response to your question about were we able to talk to him, James and I have had several conversations over the years about things other than basketball, so I enjoyed a pretty good relationship with him and we did talk.

On the players the Thunder received:

I think about adding Jeremy and Kevin to this group and it’s exciting to me, it’s very exciting to me. I think those guys add to what it is we have in place and what we have in place is a group of very competitive people and last night, as I was wrapping up the end of the trade and the things that have to happen, I also looked out my window and Russell Westbrook and Serge Ibaka were in here, working individually with our coaching staff on separate baskets and I thought about that we were adding two qualities players to a group of guys who are really invested with what it is that we’re trying to do here and take a lot of pride with playing with the Thunder.

Northwest Rumors: Harden, Dorsey, Lawson

October 28th, 2012 at 10:43am CST by Chuck Myron

The James Harden trade continues to make news, as Darnell Mayberry of The Oklahoman weighs in with a lengthy list of observations while Ken Berger of CBSSports.com deems the trade a success for the Thunder, the Rockets and Harden. Berger holds it up as an illustration of the bold, proactive moves that small-market teams must make to stay competitive. As the rest of the NBA digests what the move means, here's more news on the Thunder and their Northwest Division rivals.

The swap likely results in a trade exception worth $2,445,480 for the Thunder, an amount equal to Cole Aldrich's salary, as Luke Adams of Hoops Rumors observes. The Rockets seem to be in line for an exception worth $2,354,236, based on a portion of Kevin Martin's salary. Both exceptions expire one year from yesterday, as noted on our list of trade exceptions for every NBA team.
The Thunder and Blazers could be interested in former NBA forward Joey Dorsey, whose status with the Greek club Olympiacos is in limbo, reports Wendell Maxey of Ridiculous Upside.
Mark Kiszla of the Denver Post believes the Nuggets overpaid for JaVale McGee, putting the onus on the need to rectify the move by giving Ty Lawson an extension worth no less than $48MM over four seasons.
Will Conroy's contract is partially guaranteed for $100K, and according to Jerry Zgoda of the Star Tribune, he'll likely remain on the Timberwolves roster until Ricky Rubio proves he's healthy.
It's the first season with a full training camp for Jazz coach Tyrone Corbin, who could use a successful year to influence the Jazz to pick up the team option on his contract for 2013/14, as Steve Luhm of The Salt Lake Tribune observes.

Reaction To James Harden Trade

October 28th, 2012 at 9:15am CST by Chuck Myron

Adrian Wojnarowski of Yahoo! Sports, who first reported news of the James Harden trade last night, reveals that Rockets GM Daryl Morey initiated talks, and has been calling Thunder GM Sam Presti for months to check on Harden's availability. The trade disappointed some members of the Thunder, but didn't devastate them, and Russell Westbrook, in particular, is high on what Oklahoma City got in return. Many in the organization believed Harden, whose sulking about a lack of shots following the Thunder's Game 1 victory in the Finals this June drew rebuke from Kendrick Perkins and Derek Fisher, wouldn't have performed well under the pressure of having to play for a fat contract next summer. As the impact of the trade sinks in around the league, here's what people are saying.

Presti didn't want to deviate from a precedent of having players sacrifice at the negotiating table for the betterment of the team, writes Brian Windhorst of ESPN.com.
Jeff McDonald of the San Antonio Express-News believes the Thunder might not be done dealing, since Martin's $12.44MM expiring contract would be an attractive trade deadline asset, a sentiment echoed by HoopsWorld's Steve Kyler (Twitter links).
John Hollinger of ESPN.com thinks the Thunder did the best they could under trying circumstances, while the Rockets, who could afford to sign another player to a maximum-salary deal next summer, have vastly strengthened their position as a destination for marquee free agents (Insider only).
Royce Young of DailyThunder.com says the deal was unnecessary for the Thunder and reveals the "ugly, nasty and deceitful" side of pro sports. For CBSSports.com, Young looks at the deal's winners and losers.
Matt Moore of CBSSports.com gives the Thunder a grade of D for messing with a team that could have won the title this year, and the Rockets a B for acquiring a star, even if there are questions about whether he can be a No. 1 option. Moore also examines how Harden will fit on the court in Houston.
Presti wound up being punished for drafting too well, Buck Harvey of the San Antonio Express-News opines.
The deal was simply all about money for the Thunder, observes Jeff Zillgitt of USA Today.
Ryan Wolstat of the Toronto Sun took the Thunder to task via Twitter for a "horrible" trade, while criticizing Harden for valuing money over championships (All Twitter links).

Camp Rumors: Magic, Johnson-Odom, Heat

October 27th, 2012 at 3:36pm CST by Chuck Myron

Perhaps the most surprising training camp cut was Quentin Richardson, whom the Magic waived despite $5.438MM worth of guaranteed money on his contract for the next two seasons. The surprising play of DeQuan Jones, who appears to have made the team on a non-guaranteed deal, pushed Richardson out the door, writes John Denton of Magic.com. There's plenty of other news about players coming and going today, in advance of the 4:00pm Central time deadline for teams to let go of camp invitees so that they clear waivers before rosters must be down to 15 players.

While an earlier report indicated the Lakers were expected to waive Darius Johnson-Odom, Dave McMenamin of ESPNLosAngeles.com believes the guard still has a shot to make the team (Twitter link).
The Heat are at the regular-season roster limit of 15 players, but Ira Winderman of the South Florida Sun-Sentinel doesn't rule out the possibility that the team could pick up one of the guys that other teams let go in the past few days (Twitter link).
John Rohde of The Oklahoman shares insight from Thunder coach Scott Brooks on the team's cuts and its decision to keep DeAndre Liggins. "With DeAndre, we felt that his size, his athleticism, his defensive toughness is something we are intrigued with and we like," the coach said.
Sam Amico of Fox Sports Ohio saw Hollis Thompson play Thomas Robinson evenly while both were in college last season, and believes Thompson, whom the Thunder let go today, should wind up with another NBA team (Twitter link).
The Rockets still must waive three players, and Jonathan Feigen of the Houston Chronicle points to reasons why Jon Brockman, JaJuan Johnson and Gary Forbes could be the ones to go.
HoopsWorld's Derek Page checks in with Mavs waiver claim Eddy Curry, and wonders whether his 11 points, seven rebounds and three blocks in Friday's preseason game against the Bobcats might have been enough for him to win a roster spot.
Shavlik Randolph and Steven Gray are likely out of the discussion to make the Wizards opening night roster, but Earl Barron is making a late push for a spot, as Michael Lee of The Washington Post examines.

Rockets Waive Reeves Nelson

October 27th, 2012 at 9:45am CST by Zachary Links

The Rockets signed forward Reeves Nelson earlier this week but they are expected to waive him later on today, according to Jonathan Feigen of the Houston Chronicle (via Twitter). Houston made the move in order to secure D-League rights on Nelson if he opts to go that route this season.

The UCLA product hooked on with the Lakers in September but was released from his make-good contract last Saturday. Nelson was widely viewed as a first-round talent before things went south for him in college. The Bruins dropped him from the program early last season, leading him to a short stint overseas.