Houston Rockets Rumors | Hoops Rumors

Rockets To Acquire Patty Mills, Flip Him To Thunder

July 2nd, 2023 at 1:00pm CST by Alex Kirschenbaum

JULY 2, 1:00pm: Mills will be heading to the Thunder, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Oklahoma City will receive unspecified draft compensation as part of the deal.

JULY 2, 8:58am: Mills’ eventual destination remains a mystery for now. Chris Herrington of The Daily Memphian (Twitter link) says his understanding is that the veteran guard won’t be headed to the Grizzlies.

According to Jonathan Feigen of The Houston Chronicle, the Rockets traded for Mills in order to acquire an extra second-round draft pick. That’s not quite the same as saying the Nets are sending a single second-rounder to Houston as part of the deal, but that’s our working assumption for now.

JULY 1, 9:02pm: Mills won’t be staying with Houston, according to Iko, who tweets that the veteran guard will be included in an expanded version of the Brooks sign-and-trade and will be rerouted to a different team. It’s not clear at this point if that team will be the Grizzlies or another club.

JULY 1, 5:39pm: The Rockets continue to fill out their previously youth-heavy roster with more seasoned additions early in the 2023 offseason.

Shams Charania and Kelly Iko of The Athletic report (Twitter link) that Houston is putting the finishing touches on a trade for sharpshooting Nets veteran combo guard Patty Mills.

It’s unclear exactly what the Rockets are sending to Brooklyn in the deal, but the Nets aren’t taking back any players, per NetsDaily (Twitter link).

The 6’1″ vet remains a reliable catch-and-shoot option even 14 years into his NBA career. Last season for a playoff-bound Brooklyn team, the 34-year-old Saint Mary’s alum averaged 6.2 PPG on .411/.366/.833 shooting splits, 1.4 APG and 1.1 RPG across 14.2 MPG, his lowest output since the 2012/13 season.

Mills was a huge bench contributor on two NBA Finals-bound Spurs clubs in 2013 and 2014, winning it all in ’14. A deal for him would mark just the latest move clearly made with an eye towards expediting Houston’s timeline.

The Rockets, a team already loaded with recent lottery picks, have also inked experienced free agents Fred VanVleet, Dillon Brooks, and Jock Landale during this free agency period. Houston also signed controversial former Celtics head coach Ime Udoka with an eye toward professionalizing its locker room identity.

Trade Rumors: Lillard, Harden, Brogdon, Fournier, Rockets

July 2nd, 2023 at 12:10pm CST by Arthur Hill

The Trail Blazers told rival teams that they are “open for business everywhere in the league” regarding a Damian Lillard trade, according to ESPN’s Adrian Wojnarowski (YouTube link).

Lillard, who asked for a trade on Saturday after weeks of speculation, reportedly hopes to end up in Miami, where he could be part of a title contender. However, the Heat may not be able to offer the best trade package, and Portland GM Joe Cronin intends to focus on the team’s needs rather than Lillard’s preference while negotiating a deal.

“For Portland, they’re going to go out into the marketplace and try to find the best deal they can,” Wojnarowski said, “a combination of young players, draft picks, salary cap relief, all the things you want when a star of Damian Lillard’s magnitude asks to be traded.”

Woj adds that he doesn’t expect a Lillard deal to be completed quickly and that Miami doesn’t have any advantage because Lillard wants to go there. The Blazers haven’t told Lillard whether they intend to comply with his request to join the Heat, according to Barry Jackson of The Miami Herald.

There are more trade rumors to pass along:

The Sixers‘ asking price for James Harden has been “really high,” Wojnarowski said in the same segment, noting that president of basketball operations Daryl Morey tends to seek a lot in return when a star player wants to be traded. Harden picked up his $35.6MM player option this week, and reports have indicated that he wants to be dealt to the Clippers. Wojnarowski adds that it’s “not an easy trade to make” because Philadelphia has to get value in return to pair with MVP Joel Embiid and keep the team in title contention. Woj speculates that trade talks could extend beyond Summer League action.
The Celtics aren’t trying to trade Sixth Man of the Year Malcolm Brogdon, a source tells Adam Himmelsbach of The Boston Globe. Brogdon was involved in an early version of the Kristaps Porzingis deal, but that fell through when the Clippers pulled out due to medical concerns about Brogdon. Himmelsbach adds that Brogdon is expected to be ready for the start of next season, even though he’s considering surgery for a right elbow injury he suffered in the Eastern Conference Finals.
The Knicks will continue to explore trades involving Evan Fournier, per Ian Begley of SNY.tv, but they don’t need to open any more cap flexibility to add Donte DiVincenzo after agreeing to send Obi Toppin to the Pacers. New York doesn’t seem to be actively pursuing either Lillard or Harden, according to Begley.
David Weiner of ClutchFans.net (Twitter link) suspects the Rockets will fold multiple reported trade agreements into their sign-and-trade deal for Dillon Brooks in order to maximize their cap room. After acquiring Patty Mills and using up their remaining cap space, Weiner posits, Houston will package Josh Christopher (to the Grizzlies), Usman Garuba and TyTy Washington (to the Hawks), and Mills (destination TBD), whose combined salaries will be enough to match Brooks’ expected first-year salary (approximately $21.6MM) without requiring room.

Darius Days Re-Signs With Rockets

July 2nd, 2023 at 10:51am CST by Arthur Hill

The Rockets have re-signed Darius Days to another two-way contract, the team announced today in a press release.

Houston claimed Days last October after he was waived by the Heat and inked him to a two-way contract. He spent almost the entire season with the organization’s G League affiliate in Rio Grande Valley, earning second team all-league honors by averaging 24.4 points, 9.8 rebounds and 4.0 made three-pointers per game.

The 23-year-old forward also saw minimal playing time in four NBA games.

The Rockets submitted a two-way qualifying offer to Days earlier this week, which serves as another one-year contract as a two-way player with a small financial guarantee attached.

Houston has also re-signed Trevor Hudgins, its other two-way player from last season. The club still has an open two-way slot, since teams can carry up to three players on two-way deals starting in 2023/24.

Free Agency Rumors: G. Williams, Hornets, VanVleet, Blazers, Tavares

July 2nd, 2023 at 12:17am CST by Luke Adams

The Hornets are mulling the possibility of an offer sheet for Celtics restricted free agent forward Grant Williams, sources tell Michael Scotto of HoopsHype (Twitter link). Williams has also drawn some interest from the Mavericks, according to Scotto.

The Hornets are currently operating as an over-the-cap team, which means they could offer up to the full $12.4MM mid-level exception in a deal for Williams. They have a potential path to creating cap room to make a stronger bid, but it would require renouncing the cap holds for multiple free agents, including their own RFA forwards P.J. Washington and Miles Bridges. The Hornets have also engaged in contract discussions with Washington, Scotto reports.

Here are a few more free agency notes and rumors from around the NBA:

The third and final season of Fred VanVleet‘s new three-year deal with the Rockets will be a team option, according to Jackson Gatlin of Locked on Rockets (Twitter link). A non-guaranteed third year makes the deal look considerably more team-friendly — and considerably more like the two-year offer the Rockets were originally said to be preparing for the veteran point guard.
Veteran center Edy Tavares, a second-round pick in 2014, has received a contract offer from the Trail Blazers, sources tell Donatas Urbonas of BasketNews.com. Tavares played just 13 games during his initial NBA stint, but is apparently earning another look after several strong seasons with Real Madrid, with whom he has won two EuroLeague titles and earned three All-EuroLeague First Team nods. However, Tavares’ contract includes a significant buyout, which may preclude a move stateside, Urbonas explains. His deal with Real Madrid will expire in 2024 if he doesn’t sign an extension before then.
Donte DiVincenzo drew “strong” interest from three other teams during his free agency before he agreed to sign with New York, reports Ian Begley of SNY.tv (Twitter link). While DiVincenzo’s Villanova connection to Jalen Brunson and Josh Hart was a factor in his decision to join the Knicks, he also believes his new team can be a contender. “He wants to win and has a great opportunity to do so in New York,” a source said to Begley.

Raptors Notes: VanVleet, Schroder, Anunoby, Coaching Staff

July 1st, 2023 at 10:20pm CST by Arthur Hill

The Raptors and Rockets both increased their offers to Fred VanVleet Friday night before he decided to sign with Houston, according to Michael Grange of Sportsnet.ca.

Toronto had been hesitant to exceed $90MM over three years, with one source describing it to Grange as a “glass ceiling.” Although VanVleet is one of the most accomplished players in franchise history, he has missed 30 combined games due to injury over the last two years and he shot career lows both from the field and from three-point range last season. There were also concerns that going beyond that limit would inhibit the team’s ability to make other moves, such as re-signing center Jakob Poeltl.

The situation changed when rumors of James Harden returning to Houston died down and the Raptors realized that VanVleet had become the Rockets’ number one target. During a meeting with VanVleet shortly after the start of free agency, Raptors officials presented him with an expanded offer that brought it to $120MM for four seasons.

Sources tell Grange that VanVleet next met with the Rockets, who also added a year to their offer, increasing it to three years at nearly $129MM. After nearly three hours of waiting, the Raptors learned that they were losing their starting point guard.

There’s more from Toronto:

Lakers players will miss Dennis Schröder, whom the Raptors quickly signed as VanVleet’s replacement, per Dave McMenamin of ESPN. Austin Reaves called Schroder “one of the best teammates I’ve met” and said his commitment to winning over everything else made him stand out.
Before OG Anunoby finalized a change in his representation, he told prospective agents that he wants a situation with more ball-handling and playmaking responsibilities when he signs his next contract, according to Jake Fischer of Yahoo Sports. VanVleet’s departure and the addition of Darko Rajakovic as head coach might provide that opportunity for Anunoby in Toronto, Fischer suggests.
James Wade is the latest addition to Rajakovic’s coaching staff, tweets James Kay of TheNextHoops. Wade had been the general manager and head coach of the WNBA’s Chicago Sky.

Trevor Hudgins Accepting QO From Rockets

July 1st, 2023 at 8:52pm CST by Arthur Hill

Rockets two-way player Trevor Hudgins has accepted his qualifying offer from the team, his agent tells ESPN’s Adrian Wojnarowski (Twitter link). The offer will amount to another one-year deal as a two-way player with a small salary guarantee.

Hudgins signed with Houston last summer after going undrafted out of Northwest Missouri State. He spent the season almost entirely in the G League, where he averaged 19 PPG for Rio Grande Valley, but he did see minimal playing time in five NBA games.

The new Collective Bargaining Agreement has given each team a third two-way player, so Hudgins’ spot on the roster may be secure.

The Rockets also made a qualifying offer to Darius Days, their other two-way player from last season.

Rockets To Trade Kenyon Martin Jr. To Clippers

July 1st, 2023 at 6:14pm CST by Arthur Hill

The Clippers have agreed to trade for Rockets forward Kenyon Martin Jr., according to Adrian Wojnarowski of ESPN (Twitter link), who reports that Houston will receive two second-round picks in the deal.

The two second-rounders will be the Clippers’ own 2026 pick and the Grizzlies’ 2027 pick, tweets Andrew Greif of The Los Angeles Times.

The Clippers have a $2,134,843 trade exception they can use to absorb Martin’s salary.

Martin spent three years in Houston after being acquired from the Kings, who selected him with the 52nd pick in the 2020 draft. He served as a valuable bench player for most of his time with the rebuilding Rockets, but became a full-time starter by the end of last season. He posted career highs with 12.7 points and 5.5 rebounds while shooting 56.9% from the field.

Martin is also an electrifying leaper who frequently posted highlight-worthy slams. He participated in this year’s Slam Dunk Contest, but didn’t get past the preliminary round.

The 22-year-old forward will get his first experience on a contender in L.A. He’ll provide additional depth behind Kawhi Leonard and Paul George, who both have a long history of battling injuries.

On Thursday, the Rockets picked up Martin’s $1.93MM option for 2023/24, so he’s set to be unrestricted free agent next summer. He will become eligible to sign a four-year extension worth up to $75MM six months after the trade is finalized.

ESPN’s Ohm Youngmisuk points out that Clippers president Lawrence Frank has a connection to Martin after being his father’s coach with the Nets (Twitter link).

Rockets Sign Jock Landale

July 1st, 2023 at 5:27pm CST by Luke Adams

JULY 6: Landale is officially a Rocket, according to a press release from the team.

JULY 1: The Rockets have agreed to sign free agent center Jock Landale, reports Shams Charania of The Athletic (Twitter link). Landale was originally tendered a qualifying offer by the Suns, but they withdrew it, making him an unrestricted free agent.

Landale’s new deal will be worth $32MM over four years, according to Charania. However, Adrian Wojnarowski of ESPN clarifies (via Twitter) that only the first season will be fully guaranteed. It will be non-guaranteed in years two and three, with a fourth-year team option, tweets Michael Scotto of HoopsHype.

Landale, 27, had a solid season in Phoenix in 2022/23 as a reserve behind starting center Deandre Ayton, averaging 6.6 points and 4.1 rebounds in 14.2 minutes per game across 69 appearances. He also played well in the Suns’ second-round series loss to Denver, including scoring 13 points on 5-of-6 shooting in the Game 6 loss that ended the team’s season.

Barring a sign-and-trade, it looks like Landale will be signed into the Rockets’ cap room. Although the room exception is worth $7.7MM+ this season, it can only be used to sign contracts up to three years.

Rockets Trading Garuba, Washington, Picks To Hawks

July 1st, 2023 at 3:21pm CST by Alex Kirschenbaum

The Rockets are shipping out two young players still on their rookie scale deals, center Usman Garuba and point guard TyTy Washington, plus two future second-round draft picks and $1.1MM in cash considerations, to the Hawks in exchange for the draft rights to 2017 No. 60 pick Alpha Kaba, per Shams Charania of The Athletic and Lauren Williams of The Atlanta Journal-Constitution (Twitter links).

The picks the Hawks will be receiving are the Timberwolves’ 2025 second-round selection and Houston’s own 2028 second-rounder, per Williams. Atlanta has trade exceptions available to absorb Garuba and Washington without sending out any of the team’s own players.

Garuba, 21, might be able to carve out legitimate rotation minutes for a reconfigured Hawks frontline missing longtime starting power forward John Collins, who is being sent to the Jazz. The 6’8″ big man appeared in 75 games off the bench for a rebuilding Houston team last year, his second NBA season. He logged averages of 3.0 PPG on .486/.407/.617 shooting splits, 4.1 RPG and 0.9 APG in 12.9 MPG.

Upon being drafted out of Kentucky with the No. 29 pick last summer, the 6’3″ Washington played sparingly for Houston as a rookie in 2022/23, averaging 4.7 PPG, 1.5 APG and 1.5 RPG in just 31 contests. He posted much more robust numbers with Houston’s G League affiliate, the Rio Grande Valley Vipers, averaging 26.6 PPG, 7.6 APG, 6.6 RPG and 1.6 SPG.

Kaba, a 6’10” power forward/center, is currently playing for Montenegrin club KK Budućnost and seems unlikely to ever play at the NBA level.

For Atlanta, this appears to be an asset-gathering move, as the team adds future draft equity and two intriguing young prospects under cheap team control.

As for the Rockets, Yossi Gozlan of HoopsHype tweets that Houston now has carved out $29MM in available space under the salary cap. The team also opens up a couple extra roster spots and now has 11 players on guaranteed contracts for 2023/24, including Fred VanVleet, whose deal isn’t yet official.

Spurs, Rockets Have Most Remaining Cap Room

July 1st, 2023 at 7:41am CST by Luke Adams

As we enter the first day of the NBA’s 2023/24 league year, two Southwest rivals – the Spurs and Rockets – are the teams with the most projected cap room still available, according to ESPN’s Bobby Marks (Twitter links) and Keith Smith of Spotrac (Twitter link).

San Antonio and Houston were active on Friday night. The Spurs reached agreements to re-sign restricted free agents Tre Jones and Julian Champagnie, while the Rockets made one of the biggest splashes of the summer so far by agreeing to a three-year, maximum-salary contract with Fred VanVleet. However, Jones and Champagnie have cap holds below their projected salaries, while Houston entered the offseason with approximately $64MM in room, so both teams still have plenty of flexibility.

Marks projects the Spurs at $29MM in remaining space, while Smith suggests they could actually still create up to $34MM+ if needed. Either way, they still have more spending power than any team in the NBA. Both Marks and Smith have the Rockets at approximately $25MM.

The Kings, Jazz, and Pacers are among the other clubs that still project to have more than $10MM in cap room remaining, though Sacramento’s and Indiana’s figures are hard to pin down because they’ll hinge on whether the teams complete their rumored trade involving Chris Duarte. The Kings also still have a path to remain an over-the-cap team if they want to, since none of their reported moves so far absolutely require cap space.

Here are a few other things to watch as the second day – and first full day – of the free agent period gets underway:

While our top seven free agents of 2023 came off the board in the first several hours of free agency, plenty of players in our top 20 are still available: Miles Bridges (No. 8), D’Angelo Russell (9), P.J. Washington (11), Austin Reaves (12), Brook Lopez (15), Max Strus (16), Dillon Brooks (18), Grant Williams (19), and Donte DiVincenzo (20).
The Cavaliers are reportedly trying to acquire Strus in a sign-and-trade deal involving the Heat and a third team, rumored to be the Spurs. Cleveland doesn’t have the mid-level available for Strus, having committed it to Georges Niang, but Miami doesn’t appear to have interest in taking back salary in a deal, so San Antonio’s cap space could come in handy.
The Lakers were busy on the first day of free agency, agreeing to re-sign Rui Hachimura and reaching deals to bring in Gabe Vincent and Taurean Prince. However, Russell and Reaves don’t have deals yet. Sources tell Jovan Buha of The Athletic that the Lakers remain interested in re-signing both players and are still in position from a financial perspective to bring them back.
Tyrese Haliburton and Desmond Bane agreed to maximum-salary rookie scale extensions late on Friday night. Will other extension-eligible players join them on Saturday? Rising Timberwolves star Anthony Edwards looks like the best bet among the rookie scale candidates. Celtics big man Kristaps Porzingis, Raptors swingman Gary Trent Jr., and Jazz guard Jordan Clarkson were among the players said to be making progress in extension talks on Friday, so perhaps they’ll reach agreements soon. As for Jaylen Brown, who is eligible for a super-max contract with the Celtics, a league source tells Adam Himmelsbach of The Boston Globe that the All-NBA wing isn’t expected to agree to terms immediately, but both sides are confident that a deal will be made sooner or later.
Of course, James Harden remains the biggest name on the trade block, but by all accounts, the Sixers aren’t eager to rush into a deal, so we shouldn’t necessarily expect resolution on that front right away.
We’ll be tracking all the latest news and rumors all day, and updating our free agent tracker with the newest free agent agreements.