Houston Rockets Rumors | Hoops Rumors

Rockets Adjust Contracts For Ponds, McDowell-White

September 5th, 2019 at 7:42am CST by Luke Adams

SEPTEMBER 5: After converting Ponds and McDowell-White to two-way contracts, the Rockets have converted them back to standard deals, according to RealGM’s official transactions log and ESPN’s Bobby Marks.

The two players appear to be back on essentially the same contracts they were before, but with one key difference, as Marks explains: The initial Exhibit 10 deals for Ponds and McDowell-White didn’t feature Exhibit 9 language, which limits a team’s liability if a player is injured in training camp or the preseason. Teams must have at least 14 players under contract to add Exhibit 9 language to an agreement, which the Rockets didn’t when they signed the duo in early July.

Without the Exhibit 9 clause, the Rockets would have had to pay either player’s salary if he suffered an injury in the preseason, up until he got healthy. As such, a season-ending injury would have forced Houston to pay the player’s entire salary, which would have compromised the team’s ability to limit its tax bill (or avoid the tax altogether). With Exhibit 9 language in place, Houston will now only be on the hook for $6K in the event of an injury.

The upshot is that Ponds and McDowell-White are back on non-guaranteed salaries and Houston’s two-way slots are once again open.

SEPTEMBER 4: The Rockets have converted the Exhibit 10 contracts for rookies Shamorie Ponds and William McDowell-White into two-way deals, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Previously, Houston had been one of just three NBA teams without a two-way player under contract.

Ponds and McDowell-White were two of the first players signed in July, as the Rockets locked them up to contracts even before the July moratorium ended. Both players suited up for Houston’s Las Vegas Summer League roster.

Ponds, a 6’1″ guard out of St. John’s, averaged 19.7 PPG, 5.1 APG, 4.1 RPG, and an impressive 2.6 SPG in 33 games during his junior year in 2018/19 before declaring for the draft as an early entrant.

McDowell-White spent the last several years playing for teams in Australia and Germany. Having started his career with the Sydney Kings in 2016, the 6’5″ Australian combo guard spent a season and a half with German club Brose Bamberg, leaving the team earlier this year to prepare for the 2019 draft.

As we explained on Tuesday, converting an Exhibit 10 contract into a two-way deal is one of a handful of options that teams have for a player on an E10 pact. I noted within that story that I expected the Rockets to have a few players compete in camp for their two-way slots, but it appears the team has made its two-way decisions well in advance of the preseason.

Rockets Sign Eric Gordon To Four-Year Extension

September 4th, 2019 at 12:16pm CST by Luke Adams

SEPTEMBER 4: Gordon’s extension with the Rockets is now official, the team announced today in a press release.

AUGUST 30: The Rockets and shooting guard Eric Gordon have reached an agreement on a four-year contract extension, according to Jonathan Feigen of The Houston Chronicle, who reports that the deal will be worth approximately $75.6MM.

Gordon had been entering the final year of his current contract and will earn a $14,057,730 salary in 2019/20. His new deal will lock him up through the 2023/24 season and brings the total value of his next five years to nearly $90MM.

However, Gordon isn’t assured of receiving that full amount, as the final year of his new contract is non-guaranteed, according to ESPN’s Adrian Wojnarowski (via Twitter). It would become guaranteed if he makes an All-Star team or the Rockets win a championship, a league source tells Woj.

The starting salary of a veteran contract extension can only be worth up to 120% of the player’s previous salary, so Gordon’s new deal will technically be worth his maximum extension value. A 120% bump on this year’s salary will bring him to $16.87MM in 2020/21. Annual 8% raises going forward will give him salaries of $18.21MM (2021/22), $19.57MM (2022/23), and $20.92MM (2023/24) over the rest of the contract.

Although Gordon could have potentially landed a larger payday on the open market as a free agent next summer, agreeing to a deal now gives him long-term security into his mid-30s and takes off some pressure in what would have been a contract year. It will also remove another talented unrestricted free agent from a 2020 free agent market that was already considered weak.

Gordon, 30, has spent the last three seasons with the Rockets, serving as one of the team’s go-to scoring options behind perennial MVP candidate James Harden. In 2018/19, the former No. 7 overall pick averaged 16.2 PPG on .409/.360/.783 shooting in 68 games (31.7 MPG). Gordon has also been Houston’s most consistent outside threat besides Harden, averaging exactly 8.8 three-point attempts per game in each of the last three years.

The Rockets now have virtually their entire core locked up for several years. Harden and Russell Westbrook are each under contract through at least 2022, with player options for the 2022/23 season. Clint Capela‘s fully guaranteed deal runs through ’22/23. P.J. Tucker, who is reportedly seeking an extension as well, has two more years left on his current pact.

As Jeff Siegel of Early Bird Rights observes (via Twitter), Gordon can’t be traded during the 2019/20 season as a result of the extension, since it exceeds the extend-and-trade restrictions and makes him ineligible to be dealt for six months. That restriction won’t lift until after the 2020 deadline.

Photo courtesy of USA Today Sports Images.

Remaining Offseason Questions: Southwest Division

September 2nd, 2019 at 6:01pm CST by Luke Adams

NBA teams have now completed the brunt of their offseason work, with the draft and free agency practically distant memories. Still, with training camps nearly a month away, many clubs around the league have at least one or two outstanding issues they’ve yet to address.

We’re in the midst of looking at all 30 NBA teams, separating them by division and checking in on a key outstanding question that each club still needs to answer before the 2019/20 regular season begins.

After focusing on the Atlantic, Southeast, and Central last week, we headed West and tackled the Northwest on Sunday. Today, we’re moving on to the Southwest. Let’s dive in…

Dallas Mavericks
Will the Mavericks move Courtney Lee‘s expiring contract?

Although the Mavericks had a solid summer, they didn’t make the sort of splash in free agency or on the trade market they might have hoped for. At this point in the offseason, a major roster addition is unlikely, but Dallas could still look to upgrade the squad with a trade involving Lee’s expiring contract.

Lee is earning $12,759,670 in 2019/20. The NBA’s trade rules would allow the Mavs to take back a player making up to $17,759,670 in a straight-up deal for the veteran swingman. Andre Iguodala is said to be one potential target on Dallas’ radar, but the Mavs and Grizzlies haven’t been able to agree on the draft compensation that would be involved in a Lee/Iguodala swap.

There are other players on expiring deals who might make sense as targets for Dallas, including a handful of veterans in Charlotte and Cleveland. The Mavs could also go after a player on a longer-term contract if they find a trade partner looking to create some extra 2020 cap flexibility.

If the Mavs don’t move Lee before the season begins, he’ll likely be involved in trade rumors again before the deadline.

Houston Rockets
How will the Rockets fill out their regular season roster?

No NBA team is currently carrying fewer players on non-guaranteed contracts than the Rockets. Only nine players on Houston’s roster have fully guaranteed salaries for the 2019/20 season. The team is required to carry at least 14 players in the regular season, so that leaves five potential openings on the roster.

Gary Clark and Isaiah Hartenstein are in good position to claim two of those spots. The Rockets have spent some time and energy developing both players, and they each have a partial guarantee worth north of $700K.

Even if we assume Clark and Hartenstein are locks to make the team though, that leaves at least three openings available for the likes of Ben McLemore, Anthony Bennett, Chris Clemons, Michael Frazier, Shamorie Ponds, William McDowell-White, and perhaps Terrence Jones.

It will be interesting to see whether Houston leans toward keeping veterans like McLemore and Jones or youngsters like Ponds and Clemons. I think the former scenario is more likely, but it also wouldn’t be at all surprising to see the team add a couple more players to the mix to compete for the regular season roster.

Memphis Grizzlies
What will the Grizzlies do with Andre Iguodala?

When the Grizzlies acquired Iguodala from the Warriors two months ago, he was essentially treated as a negative asset due to Golden State’s cap situation — the Dubs had to attach a future first-round pick and cash in order to move him. However, the Grizzlies reportedly believe Iguodala can be moved for positive value.

It would be extremely impressive if Memphis’ new management group could get a second first-round pick by flipping Iguodala, but that doesn’t seem all that realistic unless the team is willing to take on some unfavorable multiyear money.

If the Grizzlies have an offer on the table that would net them a second-round pick and a cheaper expiring contract (Iguodala is on the books for about $17.2MM), they should probably jump on it. It’s hard to imagine them getting better value at this time of year, and if Iguodala doesn’t want to be there, hanging onto him into the season could create some friction.

A buyout remains possible if Memphis doesn’t get any favorable trade offers and the former Finals MVP is willing to give up a chunk of his ’19/20 salary, but it seems as if the club would like to avoid that outcome.

New Orleans Pelicans
How will the Pelicans respond to a potential season-ending injury for Darius Miller?

Less than two months after signing a lucrative new contract to remain in New Orleans, Miller suffered a ruptured Achilles tendon that will likely sideline him for the entire 2019/20 season. It’s a tough blow for both the veteran forward and the Pelicans, who will have to lean even more heavily on newly-acquired J.J. Redick as the club’s primary outside threat.

Now that they’ll be without an important three-point shooter, we’ll see if the Pelicans’ approach to building the back of their roster is affected at all. Kenrich Williams may be more likely to earn one of the final two slots on the 15-man roster, given his potential to stretch the floor (he was a 39.5% three-point shooter in his final college season in 2017/18).

There are still some solid shooters on the free agent market too, if the Pelicans want to go in that direction. A veteran like Jodie Meeks or John Jenkins could be a fit, and it’s worth noting that new head of basketball operations David Griffin has a history with former Cavs guard J.R. Smith, who remains unsigned.

San Antonio Spurs
Will Dejounte Murray or DeMar DeRozan sign contract extensions?

Currently, no one on the Spurs‘ roster has a guaranteed contract beyond 2020/21. That could change this offseason though if the team locks up Murray to a rookie scale extension or DeRozan to a new veteran deal.

Murray looks to me like the stronger candidate for an extension, but an August report indicated that San Antonio hasn’t ruled out the possibility of offering DeRozan a maximum contract extension. The shooting guard would be eligible for a starting salary of up to about $33.3MM for the 2020/21 season, with annual raises increasing the value of the deal from there.

A new contract for Murray wouldn’t be nearly that expensive, and could be an intriguing gamble for the Spurs if the young guard is open to signing at a relatively team-friendly rate. Before he tore his ACL last fall, Murray was viewed as one of the NBA’s prime breakout candidates — San Antonio will be hoping that breakout season was just delayed by a year.

Photos courtesy of USA Today Sports Images.

Rockets’ Trade Exception Set To Expire

September 2nd, 2019 at 12:06pm CST by Luke Adams

A Rockets traded player exception created in the team’s Ryan Anderson trade with the Suns last August is set to expire if it goes unused on Tuesday. The trade exception, which is worth a modest $2,584,136, is one of just a handful of remaining TPEs around the NBA that will expire in 2019, as our tracker shows.

As we explain in our glossary entry on the subject, traded player exceptions can be used to acquire one or more players whose salary fits within the amount of the exception. Using their TPE, the over-the-cap Rockets wouldn’t have to send out any salary to acquire a player earning up to $2,684,136 (the amount of the exception, plus $100K).

Trade exceptions expire after one year if they go unused. The Rockets technically made their Anderson trade with Phoenix on August 31, 2018, but a TPE can’t expire on a weekend or holiday, so Houston gets a few extra days with this one.

The Rockets almost certainly won’t make use of the Anderson TPE on Tuesday, but losing it will have little impact on the club’s flexibility. Houston will still have seven more trade exceptions available, including two that are worth more than the Anderson exception. The largest of those TPEs, a $3.62MM exception, will expire on February 7, 2020.

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Houston Rockets

Eric Gordon Discusses Contract Extension

September 1st, 2019 at 2:20pm CST by Arthur Hill

Rockets guard Eric Gordon talked about his new four-year extension on Saturday in a series of tweets from Mark Berman of Fox 26 in Houston. Gordon and the team reached an agreement late Friday night on a deal that will pay him roughly $75.6MM.

The deal includes a unique clause that guarantees the final year only if he makes an All-Star team or Houston wins a championship. Gordon will make $14,057,730 this year and was set to be a free agent next summer.

He has been a productive scorer for the Rockets, averaging 16.8 PPG since signing with the team in the summer of 2016. He has also put together his three healthiest seasons since he was a rookie, appearing in 75, 69 and 68 games over the past three years.

“Definitely means a lot,” Gordon told Berman. “We knew we needed to get it done before the season started. I knew how important I was to them and how important it was to me to be on a really good team and do well. … Houston is home. It’s very special. It’s definitely exciting. I’m all about team success and me being a big part of that. They know my work ethic. They know my kind of leadership and what I bring to the table. Ownership wants to win.”

Gordon is the latest key piece of Houston’s foundation to reach a long-term agreement with the team. James Harden, Russell Westbrook and Clint Capela are all under contract through 2022/23, while P.J. Tucker is hoping to receive an extension as well.

“It made the decision even easier,” Gordon said. “Now that we’re here for a long time, it’s easier to do what’s necessary and right to win the championship.”

NBA Teams With Open Two-Way Contract Slots

August 28th, 2019 at 3:09pm CST by Luke Adams

Only a small handful of two-way players from 2018/19 had their contracts carried over to the 2019/20 season. A couple more of last year’s two-way players have signed new two-way deals. For the most part though, NBA teams have filled their two-way contract slots for the coming season with new faces, including several rookies who went undrafted in 2019.

At the moment, 44 of 60 league-wide two-way contract slots are occupied. A 45th appears set to be filled if and when the Knicks finalize their reported agreement with Kris Wilkes. That leaves just 15 two-way deals available across the NBA as training camps approach.

Some clubs may not fill these slots before camps get underway, preferring to sign players to non-guaranteed NBA contracts and then convert those deals to two-way pacts later, depending on how players perform in camp and in the preseason. By the time the 2019/20 regular season begins though, I don’t expect many two-way slots to still be open.

With the help of our two-way contract tracker, which lists all the players currently on two-way deals, here are the teams who can still offer two-way contracts without waiving anyone:

Two open slots:

Houston Rockets
Miami Heat
Toronto Raptors

One open slot:

Brooklyn Nets
Charlotte Hornets
Chicago Bulls
Cleveland Cavaliers
Denver Nuggets
New York Knicks
- Note: The Knicks only have a slot available if their reported deal with Wilkes isn’t finalized.
Oklahoma City Thunder
Phoenix Suns
Portland Trail Blazers
Washington Wizards

Western Notes: Harden, Kings, Rockets

August 25th, 2019 at 8:38pm CST by JD Shaw

Rockets star James Harden has been testing a new one-legged, step-back three-pointer during several open runs this summer, seeking new ways to innovate his game for the upcoming season, Tim MacMahon of ESPN writes.

“I’m always trying to be creative,” Harden said. “I’m always trying to get better — at basketball, life, businesswise. I’m always trying to find ways to be impactful. With basketball, you have to be creative. This is my 11th year, and every single year I want to get better. I don’t want to stay the same. You’ve got to find ways to keep growing.”

The Rockets struck a major trade to acquire star guard Russell Westbrook from Oklahoma City this summer, sending away multiple first-round picks and pick swaps to sacrifice their future for a championship. Harden appears to be locked into having the best season of his career, hoping to capitalize on the team’s massive potential.

“I’m not sure; it’s something that I work on,” Harden said when asked if he’ll use the one-legged, step-back 3 this upcoming season. “But you know how Mike [Jordan] has his fadeaway and Dirk [Nowitzki] has his one-leg and [Kareem Abdul-Jabbar] had the sky hook, I want my step-back to be one of those moves that last forever. So when I travel around the world and I see little kids that [say], ‘Hey James, I got a step-back!’ — I love to see that.

“It’s me being a creator and me being an innovator and paving the way in basketball in my own way, doing it how I want to do it, and that’s what it’s all about. As a little kid playing in these parks, that’s what I imagined, that’s what I dreamed of. Now it’s coming to reality, so it’s pretty cool.”

There’s more out of the Western Conference tonight:

In addition to testing a new lethal move, Harden recently made the decision to donate in excess of $240K to renovate basketball courts in Houston, as relayed by Ben DuBose of The Rockets Wire (Twitter link). This isn’t the first time he’s given back to the city of Houston, with the 29-year-old donating $1MM in 2017 to Hurricane Harvey relief efforts.
Jack Winter of Basketball Insiders ponders whether the Kings are finally bound to make the playoffs after 14 years of missing the tournament. Sacramento sports a young nucleus of De’Aaron Fox, Buddy Hield and Marvin Bagley III, combined with the veteran help of Harrison Barnes, Trevor Ariza, Dewayne Dedmon and others. The team finished with a 39-43 record last season, nine games behind the eighth seed Clippers.
While the 2018/19 Most Valuable Player race between Giannis Antetokounmpo and Harden was close, Harden believes the media created a narrative that cost him his second MVP award, he told 97.9 The Box. “I had a [season] for the books, but it’s out of my control,” he said. “Once the media creates that narrative about one person for the beginning of the year, I think they just run with that narrative until the end of the year. I don’t want to get into details but all I can do is control what I can do and I did what I was supposed to do at a high level. Only a few seasons anybody ever did that. I can’t control that, all I can control is coming back next year and winning a chip.”

P.J. Tucker “Optimistic” About Receiving Extension

August 20th, 2019 at 9:40am CST by Dana Gauruder

Forward P.J. Tucker is “optimistic” about reaching an extension agreement with the Rockets, Kelly Iko of The Athletic reports.

The upcoming campaign is the last fully guaranteed season on his four-year, $32MM contract that was signed in 2016. He’ll receive $8.35MM in 2019/20 before dropping to $7.97MM in its final year. That ’20/21 salary is also only partially guaranteed for approximately $2.57MM, per Basketball Insiders’ data.

Tucker believes something must happen sooner rather than later.

“It’s time for my extension right now, so we’ll see,” he said. “We’ll see what happens. I’m optimistic, we’ll see.”

Tucker, 34, played a crucial role for the Rockets in 2018/19, starting all 82 games for the club and averaging 7.3 PPG and 5.8 RPG in 34.2 MPG. He averaged 38.7 MPG in 11 playoff contests. His ability to knock down threes on offense (.377 3PT%), along with his versatility on the defensive end, makes him one of the club’s most valuable players.

Tucker was considered a safe bet to make Team USA’s World Cup roster before he withdrew due to an ankle injury suffered in practice. He expressed his desire for a contract extension earlier this summer but his latest comments point to mutual interest in getting something done.

Extending his deal by one or two seasons and guaranteeing his ’20/21 salary would be the most logical course of action. The over-38 rule would complicate an extension longer than two years.

P.J. Tucker Withdraws From Team USA Due To Ankle Injury

August 16th, 2019 at 3:47pm CST by Luke Adams

Another veteran has withdrawn from Team USA’s World Cup roster, according to Shams Charania of The Athletic, who reports (via Twitter) that an ankle injury will sideline P.J. Tucker. The Rockets forward will focus on getting healthy and preparing for training camp, per Charania.

Jonathan Feigen of The Houston Chronicle notes (via Twitter) that Tucker turned his left ankle in a practice on Thursday and has been diagnosed with a mild sprain. The 34-year-old had been “extremely enthusiastic” about participating in the World Cup, so he’ll be disappointed to miss it, Feigen adds.

It was less than a week ago that USA Basketball announced 17 finalists for its World Cup roster. Since then, Tucker, Kyle Lowry, and Marvin Bagley have all pulled out, leaving 14 contenders for the final 12-man roster.

Harrison Barnes, Jaylen Brown, De’Aaron Fox, Joe Harris, Kyle Kuzma, Brook Lopez, Khris Middleton, Donovan Mitchell, Mason Plumlee, Marcus Smart, Jayson Tatum, Myles Turner, Kemba Walker, and Derrick White remain in the mix to represents Team USA in China. The 2019 World Cup will get underway on August 31.

Details On Westbrook's Amended Payout Schedule

August 15th, 2019 at 3:56pm CST by Luke Adams

Following up on his recent report that Russell Westbrook amended the payment schedule on his contract upon being traded to the Rockets, Marc Stein of The New York Times provided some additional details in his newsletter this week.

According to Stein, Westbrook’s contract previously called for 25% of his $38.5MM salary to be paid on August 1 and again on October 1. As part of his trade to the Rockets, those installments were adjusted downward to 12.5% of his salary, meaning they’re now worth $4.8MM apiece instead of $9.6MM, Stein writes.

The changes will allow Rockets owner Tilman Fertitta to avoid paying half of Westbrook’s $38.5MM salary by October 1. Under Fertitta, the club has been averse to making significant upfront payments in a variety of transactions — when Houston traded cash in three separate deals during the 2018/19 league year, it always sent that cash in many installments, rather than in a single lump sum.