Houston Rockets Rumors | Hoops Rumors

Rockets Owner OK Paying Tax For Chance At Title

February 16th, 2018 at 11:57am CST by Luke Adams

Even after signing Joe Johnson and Brandan Wright this week, the Rockets’ team salary remains slightly below the luxury tax threshold for 2017/18. Next season, however, if the team wants to re-sign players like Chris Paul, Clint Capela, and Trevor Ariza – not to mention possibly making a run at LeBron James – going well into tax territory is a virtual lock.

New Rockets owner Tilman Fertitta, who paid $2.2 billion to buy the franchise from Leslie Alexander before the ’17/18 season got underway, isn’t particularly looking forward to ponying up more money for a luxury tax bill, but he tells Sam Amick of USA Today that he’s ready to do so if it means having a legit chance to win championships.

“The NBA is a tough business,” Fertitta said. “And you can go from making money to losing money very quickly. Everybody has to remember, I did pay $2.2 billion for this team. I didn’t pay $80MM for it, okay? And I’m not worth $20 billion, but I have no problem paying luxury tax if I truly think that it truly gives me the chance to win the championship next year, okay?”

Fertitta’s comments suggest that he won’t simply hand over a blank check to team management — he pointed out that this year’s team is a legit championship contender without team salary going over the tax threshold, hinting that the league’s highest-paid teams aren’t always its best. Still, the Rockets owner has faith that GM Daryl Morey will help him invest his money wisely. According to Morey, the two men have already had conversations about next year’s payroll.

“We’ve talked through (the luxury tax),” Morey said. “We’re going to be in the tax next year, and…nothing’s going to hold him back from putting together a championship team. He obviously has the money; he just paid the highest amount ever for a team.”

D'Antoni Sees Wright As 'Insurance'

February 15th, 2018 at 10:29pm CST by marksuleymanov

Free agent addition Brandan Wright does not have a defined role with his new team but Rockets head coach Mike D’Antoni knows his purpose, Jonathan Feigen of the Houston Chronicle relays. “Insurance, mostly,” D’Antoni said. “He’s to me the type of center we like. He’s long, vertical spacing and athletic, can run. He’s another kind of Clint (Capela). We have Nene and Tarik (Black) being one type and them being another type. That’s the depth. He’s a good guy. He’s going to be a good locker room game. All that’s positive.”

Chris Bosh Still Hoping For NBA Comeback

February 15th, 2018 at 1:03pm CST by Luke Adams

1:03pm: ESPN has now posted a lengthier video of today’s First Take discussion with Bosh, which includes the former Heat and Raptors star addressing concerns about his health.

“Medicine is like law, I’ve come to find out,” Bosh said. “It’s a very gray area. Some people say yes, some people say no. Usually it’s about what the majority agrees to, and sometimes it’ll take somebody to have some revolutionary plan or something like that. I’m not going to be in a position where I’m risking my life, so if I ever get back on the court like that and people are worried, it’s not going to be a life-risking situation.”

Asked later in the discussion whether he hopes to make a comeback in 2018/19, Bosh said he hasn’t closed the door on returning this season. He also identified the Warriors, Rockets, and Raptors as teams that would interest him, and didn’t rule out the Cavaliers either.

11:57am: It has now been more than two years since Chris Bosh last played an NBA game, but the 11-time All-Star still hasn’t given up on the idea of resuming his playing career. Appearing on First Take (video link), Bosh told ESPN’s Stephen A. Smith today that he’s still making an effort to return to the NBA.

“I’ve been in the gym. I can still play basketball,” Bosh said. “No, I’m not done yet.”

Joking that he can’t call it a career when he sees how many current players are getting by shooting three-pointers and not playing defense, Bosh repeated a sentiment that he has expressed several times since his medical retirement. As recently as November, the former Heat star said he was keeping his options open as a player.

Although Bosh is still physically able to play basketball, concerns about his history of blood clots have made him medically ineligible to return to an NBA team. Doctors and teams have been unwilling to risk those blood clotting issues resurfacing.

Bosh last appeared in the NBA in 2015/16 for the Heat, averaging 19.1 PPG and 7.4 RPG in 53 games and earning an All-Star nod. He played his last game on February 9, 2016.

Rockets Sign Joe Johnson

February 14th, 2018 at 4:51pm CST by Luke Adams

The Rockets have officially signed veteran forward Joe Johnson, the team announced today in a press release. In a corresponding transaction, the club waived Troy Williams, a move that appeared to be the subject of some debate in Houston’s front office.

There were reports prior to the trade deadline that Johnson, who was in the final season of a two-year contract, wanted out of Utah, and the Jazz accommodated that desire, sending him to the Kings in a deadline-day deal. Shortly after he landed with Sacramento, Johnson negotiated a buyout, reportedly agreeing to surrender $1MM of his $10.5MM salary.

The veteran will earn a little less than that in Houston, signing a minimum salary deal that will pay him about $750K, with the Rockets taking on a $474K cap hit. However, Johnson’s new team should give him a legit chance to contend for a title.

Johnson struggled this year in Utah, averaging a career-worst 7.3 PPG to go along with 3.3 RPG and a shooting line of .420/.274/.833. Still, his career résumé and his extensive postseason experience made him an intriguing low-cost target for playoff teams.

Johnson is expected to be active on Wednesday night against the Kings, technically his previous team. Johnson seems unlikely to be a difference-maker in that game, so Houston could have waited until after the All-Star break to finalize his deal, but that would have cost him over $100K in salary. Considering the Warriors, Celtics, and Thunder were also believed to be in the running for Johnson, the Rockets were likely happy to guarantee the 36-year-old that extra money by getting their deal done right away.

Rockets Waive Troy Williams

February 14th, 2018 at 4:03pm CST by Luke Adams

4:03pm: The Rockets have officially placed Williams on waivers, Charania confirms (via Twitter).

3:34pm: With Joe Johnson‘s signing imminent, the Rockets need to waive a player to open up a roster spot. According to Jonathan Feigen of The Houston Chronicle, that means the club’s on-again, off-again plans to release Troy Williams are once again back on.

Shams Charania of Yahoo Sports reported on Tuesday morning that the Rockets intended to waive Williams to create the roster spot necessary to sign Johnson. Several hours later, however, Charania indicated that Houston’s plans had changed, and the team was keeping Williams as it continued to work through that roster decision.

Having debated that decision, the Rockets have now apparently returned to their original conclusion. Feigen reports that the team will finalize Johnson’s signing today, making him available for tonight’s game against the Kings. That means that Williams will have to be cut today as well, so his apparent second life in Houston lasted just 24 hours.

Williams, 23, began his NBA career with the Grizzlies last season before being waived a little over a year ago. The former Hoosier finished the 2016/17 campaign with the Rockets, then signed a new three-year contract with Houston during the offseason. However, only the first year of that deal was fully guaranteed, which made him a candidate to be cut this week when the team needed to open up a spot on its roster.

In 34 total NBA games, Williams has averaged 5.6 PPG and 2.1 RPG. He’s expected to receive interest as a free agent, according to Charania. If Williams goes unclaimed on waivers, Houston would still owe him the rest of his minimum salary for this season, along with about $614K in guaranteed money for 2018/19, according to Basketball Insiders’ data. The Rockets would have the option of spreading that ’18/19 cap charge across three seasons.

Assuming the Rockets finalize Williams’ release, it should mean that the roster spots for players like Chinanu Onuaku, Gerald Green, and Tarik Black are safe.

Rockets No Longer Plan To Waive Troy Williams

February 13th, 2018 at 3:04pm CST by Luke Adams

3:04pm: The Rockets’ plans have changed, according to Charania, who reports (via Twitter) that – after both sides had further discussions – the team now intends to hang onto Williams. Houston will still have to waive another player before officially signing Johnson. The team continues to work through that decision, per Charania.

10:50am: The Rockets intend to waive second-year swingman Troy Williams in order to clear a roster spot, reports Shams Charania of Yahoo Sports (Twitter link). Houston will need that roster opening to officially sign Joe Johnson once he clears waivers later today.

Williams, 23, began his NBA career with the Grizzlies last season before being waived a little over a year ago. The former Hoosier finished the 2016/17 campaign with the Rockets, then signed a new three-year contract with Houston during the offseason. However, only the first year of that deal was fully guaranteed, which made him a candidate to be cut this week when the team needed to open up a spot on its roster.

In 34 total NBA games, Williams has averaged 5.6 PPG and 2.1 RPG. He’s expected to receive interest as a free agent, per Charania. Assuming Williams goes unclaimed on waivers, Houston would still owe him the rest of his minimum salary for this season, along with about $614K in guaranteed money for 2018/19, according to Basketball Insiders’ data. The Rockets would have the option of spreading that ’18/19 cap charge across three seasons.

The Rockets carried 14 players on their roster through the trade deadline, but then signed Bobby Brown to a rest-of-season deal after the deadline, having made a commitment to bring him back after waiving him last month. That meant that Houston had to cut Brown and one other player in order to sign newly-bought-out veterans Johnson and Brandan Wright. Gerald Green and Chinanu Onuaku were among the other Rockets whose roster spots appeared to be in danger, but they should be safe now that the team has decided to part ways with Williams.

Rockets Sign Brandan Wright

February 12th, 2018 at 8:07pm CST by marksuleymanov

The Rockets have officially signed 11-year veteran Brandan Wright, the team announced on its website. Wright committed to signing with the Rockets once he was waived by the Grizzlies and cleared waivers on Monday.

Wright, 30, has appeared in 27 games with the Grizzlies this season, averaging 5.0 PPG and 3.4 RPG in 13.6 minutes per contest. Injuries have slowed Wright considerably in recent seasons, but he will provide solid bench depth for the Rockets. Houston remains a half-game behind the Warriors for first place in the Western Conference.

Houston opened up a roster spot for Wright by waiving veteran Bobby Brown on Saturday.

In addition to Wright, the Rockets will add seven-time All-Star Joe Johnson, who was waived by the Kings and committed to Houston. Johnson is expected to clear waivers on Tuesday.

Mavericks Coach Impressed By Rockets' Additions

February 11th, 2018 at 7:25pm CST by Arthur Hill

The Grizzlies‘ desire for a first-round pick and their insistence on not taking back unwanted salary were behind the failure to trade Tyreke Evans before the deadline, according to Chris Herrington of The Memphis Commercial Appeal. Memphis is counting on using its $8.6MM mid-level exception to sign a free agent this summer and doesn’t want to get close to the luxury tax threshold. The team already has more than $101MM in committed salary for next season.

Herrington adds that GM Chris Wallace wanted a quality first-rounder in exchange for Evans, rather than multiple second-rounders, because the roster is already stuffed with young players. The Grizzlies were disappointed that the offers they got for Evans were no better than what they received for Courtney Lee two years ago.

Memphis won’t be able to offer Evans more than the MLE this offseason, but he may find that enticing as a way to build up Bird rights, which allow teams to exceed the cap to re-sign their own players. He doesn’t have them now because he joined the Grizzlies on a one-year contract, but he can get Early Bird rights if signs with Memphis for one more season or full Bird rights if he stays two more.

There’s more from the Southwest Division:

The Mavericks see plenty of potential in Doug McDermott, who was acquired from the Knicks in a three-team trade Thursday, relays Brad Townsend of The Dallas Morning News. Coach Rick Carlisle wants to give McDermott more time at power forward, which was his position in college, rather than small forward, where he has mostly been used in the NBA. “I like what he was doing,” Carlisle said. “Offensively, he really is a guy you’ve got to pay attention to. Moves great off the ball. Really one of the quickest releases on his shot I’ve seen. There’s just a few guys who get rid of it that quick. I think he’s just a good mix with the guys that we have here.”
Lakers forward Julius Randle impressed Dallas fans with 26 points, eight rebounds and seven assists in Saturday’s game, Townsend notes in the same story. Randle, a Dallas native, will be a restricted free agent this summer and is reportedly on the Mavericks‘ radar. “I don’t care where it is,” Randle said about playing well in Dallas. “I’m just going to try to bring it every night, just be as consistent as possible.”
Carlisle is impressed with the collection of talent in Houston, where the Rockets are about to add Joe Johnson and Brandan Wright once they clear waivers, writes Jonathan Feigen of The Houston Chronicle. “Two really potent signings this time of year,” Carlisle said. “Houston, they’re loading up. They’re right there. It’s an exciting time for them.

Joe Johnson Reaches Buyout With Kings, Will Sign With Rockets

February 11th, 2018 at 5:34pm CST by marksuleymanov

FEBRUARY 11, 5:34pm: The Kings have officially waived Johnson, the team announced on its website. Since the transaction was finalized today, Johnson will clear waivers on Tuesday.

FEBRUARY 10, 10:17am: Veteran Joe Johnson is expected to sign with the Rockets now that his buyout with the Kings has been finalized, ESPN’s Adrian Wojnarowski reports. Johnson will clear waivers on Monday and be free to sign with Houston immediately.

Johnson, 36, was traded to the Kings on Thursday as part of a three-team deal that included the Cavaliers and Jazz. Once it became clear that Sacramento would likely buyout Johnson, early reports named the Celtics and Warriors as favorites for his services.

Johnson is in the second year of the two-year, $22MM deal he inked with Utah before the start of the 2016/17 season. The seven-time All-Star has been a starter for most of his 17-year NBA career but shifted into a reserve role with the Jazz last season. Johnson missed part of the season with a wrist injury but has averaged 7.3 PPG and 3.3 RPG in 32 games.

“Iso Joe” joins a Rockets team that is just half a game behind the Warriors for the best record in the Western Conference. The Rockets are also expected to sign 11-year veteran Brandan Wright, giving the team’s bench two scoring additions. Houston will have to waive a player, as the team has 14 players signed to guaranteed deals before the additions of Wright and Johnson, tweets ESPN’s Bobby Marks.

Grizzlies Waive Brandan Wright

February 10th, 2018 at 5:19pm CST by Arthur Hill

The buyout is complete for Brandan Wright, who has already indicated his intention to sign with the Rockets. The Grizzlies waived him this afternoon, announcing the move on their website.

The 30-year-old forward has been slowed by injuries since signing with Memphis in 2015, appearing in a combined 67 games over nearly three seasons. He played 27 games this year, averaging 5.0 points and 3.4 rebounds in 13.6 minutes per night.

Wright will now go through the waiver process, and expects to sign with Houston once he clears on Monday. The Rockets will have a roster spot available after waiving veteran guard Bobby Brown.

Terms of Wright’s buyout were not released, but he was making nearly $5.96MM on an expiring contract. The move leaves Memphis with an open roster spot.