Houston Rockets Rumors | Hoops Rumors

Warriors Re-Sign Kevon Looney

July 10th, 2018 at 9:09pm CST by Arthur Hill

JULY 10: The signing is official, according to a team press release.

JULY 3: Kevon Looney has agreed to re-sign with the Warriors, tweets ESPN’s Chris Haynes. He will receive a one-year, minimum-salary contract (Twitter link).

Golden State is able to keep an important rotation piece at a low price after opting not to guarantee the fourth year of Looney’s rookie contract. He will join Jordan Bell and Damian Jones in the Warriors’ center rotation, along with DeMarcus Cousins once he recovers from his Achilles injury.

Looney will receive $1,567,007 and Golden State will absorb a $1,512,601 cap hit, tweets ESPN’s Bobby Marks. The Warriors, who now have 12 players under contract, will own Bird rights on Looney when he becomes a free agent next year.

The Clippers, Rockets, Sixers and Hawks also showed interest in Looney, according to Mark Medina of The San Jose Mercury News (Twitter link).

Looney, 22, is coming off his most productive NBA season, averaging 4.0 points and 3.3 rebounds in 66 games.

Photo courtesy of USA Today Sports Images.

Thunder Allow Carmelo Anthony To Meet With Prospective Suitors

July 10th, 2018 at 2:53pm CST by Luke Adams

With the Thunder and Carmelo Anthony expected to part ways, the team granted the veteran forward permission to meet with prospective suitors, reports ESPN’s Adrian Wojnarowski.

According to Wojnarowski, Anthony and his representatives – including agent Leon Rose – met with the Rockets and Heat in Las Vegas at the NBA Summer League in recent days. The Lakers are also among the teams said to have interest in Anthony, though there’s no indication in Wojnarowski’s report that they’ve met with Carmelo or his reps. Marc Stein of The New York Times suggests L.A.’s interest in Anthony may be overstated.

As Woj details, Anthony’s meeting with the Rockets included head coach Mike D’Antoni, who spent time in New York with the 34-year-old. While the two men had a rocky relationship as members of the Knicks, D’Antoni made it clear during their latest meeting that the circumstances would be much different this time around. The Houston coach welcomed the idea of reuniting with Anthony, league sources tell Wojnarowski.

Wojnarowski didn’t provide any specifics on Anthony’s meeting with the Heat, but says that coach Erik Spoelstra has been a “strong advocate” of adding the 10-time All-Star.

Before Anthony can sign with the Rockets, the Heat, or any other club, he’d need to become a free agent. According to Wojnarowski, the Thunder are still exploring possible trade scenarios that would send Carmelo to a new team, which would subsequently waive him. However, such an outcome seems unlikely — no team has the cap room to absorb his $28MM salary outright, and any over-the-cap clubs would have to send out more than $22MM to meet salary-matching rules.

Teams with cap room available are more viable trade partners for Oklahoma CIty, but would still have to send out some salary in any deal, and would likely expect significant assets from the Thunder, whose 2020 first-rounder is tied up as a result of another trade.

Anthony also has a no-trade clause, but he has agreed to waive it if he gets sent to a team that doesn’t intend to keep him, Wojnarowski notes.

Contract Details For Chris Paul, Michael Carter-Williams

July 10th, 2018 at 9:41am CST by Luke Adams

The Rockets‘ four-year max deal for Chris Paul includes a player option in year four, according to Eric Pincus of Basketball Insiders (Twitter link). While that added detail on CP3’s new agreement with Houston is interesting, the possibility of an opt-out probably won’t be a factor in 2021 when a decision is due. Paul will be 36 years old when he has to decide on that $44MM+ option, so he seems unlikely to turn it down.

Michael Carter-Williams‘ one-year, minimum-salary contract with the Rockets isn’t fully guaranteed. The deal, worth $1,757,429 in total, has a $1.2MM partial guarantee for now (Twitter link).

Rockets Rumors: Capela, Luxury Tax, Anthony

July 10th, 2018 at 8:44am CST by Luke Adams

In the wake of multiple reports suggesting that the Rockets and Clint Capela aren’t close to reaching a new deal, Tim MacMahon of ESPN.com provides some specific details on the negotiations between the two sides.

Sources tell MacMahon that Houston’s initial offer to Capela was in the neighborhood of $60MM for four years. However, the young center is believed to be seeking a deal similar to the one Steven Adams signed with the Thunder — $100MM over four years.

Accepting an offer in the $60-70MM range would mean earning a lower annual salary than several lesser centers around the NBA, so it makes sense that Capela would be seeking a larger deal. Still, he’ll have to be careful about overplaying his hand. Only the Hawks and Kings still have the cap room necessary to top a $15MM-per-year offer, and neither club seems eager to use its remaining space on a center.

Capela could accept his qualifying offer and hope for stronger outside offers as an unrestricted free agent next summer, but that’s a risky move. That qualifying offer is worth less than $5MM, so if Capela suffers a major injury during the 2018/19 season – like DeMarcus Cousins did in a contract year – he’d regret not having accepted Houston’s best long-term proposal.

Here’s more on the Rockets:

Although the Rockets have already lost Trevor Ariza and Luc Mbah a Moute in free agency, new team owner Tilman Fertitta is adamant that the luxury tax isn’t influencing Houston’s roster decisions, as MacMahon details. “We know we’re going to be in the luxury tax, and if you want to compete for a championship, I feel like unless you get real lucky, you’re going to be in the luxury tax,” Fertitta said on Monday. “So it is what it is. … It never even came up in any discussion.”
General manager Daryl Morey acknowledged that the Ariza and Mbah a Moute departures will hurt, but sounds optimistic that the team will find a way to fill those newly-created roster holes. “Both Trevor and Mbah a Moute were a big part of our team,” Morey said, per MacMahon. “That’s part of my job and our staff’s job is to put together a new group for this year. We feel confident. We need our best team on April 15. We’re going to either sign or trade or something to get us back to where we need to be, and we also really like our group.”
Fertitta also expressed confidence about the Rockets’ roster: “We feel like we were a Chris Paul injury away from being in the Finals, and we feel really good about this year. I think come opening night, I think everybody’s going to be really impressed with the team that we have on the floor.”
Within MacMahon’s piece, ESPN’s Adrian Wojnarowski confirms that the Rockets plan to pursue Carmelo Anthony once he’s waived or bought out by Oklahoma City. Many executives around the NBA reportedly view Houston as the frontrunner to land Anthony, and Wojnarowski noted in a tweet that the Rockets are “determined” to sign him.

Rockets Rumors: Mbah A Moute, N. Young

July 9th, 2018 at 1:37pm CST by Luke Adams

While Clint Capela may be the Rockets‘ most important free agent remaining, he’s not the only one the team has to worry about. A person close to the situation and with knowledge of negotiations tells Kelly Iko of RocketsWire that Houston also hasn’t progressed toward a deal in talks with UFA forward Luc Mbah a Moute.

According to Iko, Mbah a Moute is seeking more money and long-term security than he received from the Rockets in 2017/18, but the club is offering him another minimum-salary deal. Iko’s source suggests that the Spurs, Lakers, Clippers, Wizards, and Sixers have all expressed some level of interest in Mbah a Moute as well.

Free agent swingman Nick Young has received some interest from the Kings, Grizzlies, Rockets, Cavaliers, Jazz, and Timberwolves, among others, tweets Darren Wolfson of 5 Eyewitness News. According to Wolfson, Young views Minnesota as as “good opportunity” but the club’s interest hasn’t been as aggressive as it was a year ago.

Rockets Considered Favorites To Land Carmelo Anthony?

July 8th, 2018 at 10:06pm CST by ChrisCrouse

Many NBA executives consider the Rockets the favorite to land Carmelo Anthony, according to Kevin O’Connor of the Ringer (Twitter link).

O’Connor also predicts that Melo will sign with Houston but names the Lakers, Heat, and Sixers as other possibilities. It was previously reported that Houston, Los Angeles, and Miami were expected to have interest in the future Hall-of-Famer.

Anthony’s business manager, Bay Frazier, spent a good portion of the Warriors-Rockets summer league game alongside the Rockets’ brass. Frazier was seen with Chris Paul, owner Tilman Fertitta, player development coach John Lucas II, and head coach Mike D’Antoni, according to ESPN’s Dave McMenamin (Twitter link).

The Rockets were linked to Anthony last summer, having pursued him when the Knicks were looking to make a move. New York wasn’t interested in taking back Ryan Anderson as part of the deal and talks stalled, leading the organization to send Anthony to the Thunder. While Anthony’s latest breakup isn’t yet finalized, a buyout arrangement appears forthcoming, as OKC is unlikely to find a taker on the trade market for his nearly $28MM salary.

The Thunder are facing luxury tax concerns and will be looking to trim as much salary as possible off their books in negotiations. The Rockets have the $5,337MM taxpayer mid-level exception at their disposal and if Anthony can line up an offer with Houston or another club, it may expedite the process of him leaving the Thunder.

Rockets, Clint Capela Far Apart On Contract Negotiations

July 8th, 2018 at 9:34pm CST by ChrisCrouse

Restricted free agent Clint Capela remains without a deal and there’s a major difference between the Rockets‘ financial valuation of Capela and what the center believes he is worth, as sources tell Kelly Iko of RocketsWire.

Shortly after free agency began, the Rockets met with Capela in Los Angeles and their initial offer was similar to the four-year, $53MM deal that Jusuf Nurkic received from the Blazers, according to Iko’s two sources. Capela may be seeking a contract in the realm of four years and $80MM, close to the deal that Zach LaVine just inked.

Houston wants to keep Capela, though the franchise prefers not to overpay. Capela’s camp may be hard pressed to find a lucrative deal on the open market, with several thought-to-be suitors going in different directions. The Mavs opted to sign DeAndre Jordan; The Suns have their center of the future in Deandre Ayton; and the Lakers, a team that also met with Capela last week, exhausted most of their cap space on LeBron James and a cast of veterans.

The Hawks are roughly $20MM under the salary cap, putting them in position to make a sizable offer. However, Atlanta is reportedly focused on using its cap space to acquire player-friendly contracts in exchange for assets. The Kings have slightly less cap room than the Hawks, but pairing Capela with No. 2 overall pick Marvin Bagley III in the frontcourt would be an awkward fit, and Sacramento has other bigs it likes, such as Harry Giles.

Capela is the top remaining free agent left on the market, according to our 2018 rankings. The big man was ranked No. 6 overall, coming in behind LBJ, Durant, Nikola Jokic, Paul George, and teammate Chris Paul.

Chris Paul Signs Four-Year Max Deal With Rockets

July 8th, 2018 at 10:41am CST by Luke Adams

JULY 8: The new contract with Paul is official, the Rockets announced on Twitter.

JUNE 30: The Rockets will lock up Chris Paul to a long-term deal, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the All-Star point guard has agreed to a four-year, maximum-salary contract with Houston.

As our breakdown of max salaries for 2018/19 shows, a four-year max for Paul should be worth $159,730,592.

Paul turned in a stellar season in his first year in Houston, dispelling any concerns about his ability to mesh with James Harden. Paul averaged 18.6 points and 7.9 assists and helped the Rockets post the NBA’s best record at 65-17. However, he suffered a hamstring injury late in Game 5 of the Western Conference finals and missed the last two games as Houston fell to the Warriors.

The big payday for Paul comes a year after he bypassed free agency and opted in to the final year of his $24.6MM contract to help facilitate a trade from the Clippers to the Rockets. At the time, there was a belief that CP3 and the Rockets had a general understanding that the team would take care of him when he eventually reached unrestricted free agency.

That turned out to be the case, though the 33-year-old was eligible for a full max contract over five seasons, so Houston got a bit of a break with a four-year deal.

With Paul locked up, the Rockets will now shift their focus to retaining key contributors like Clint Capela and Luc Mbah a Moute. If Houston re-signs Capela to a lucrative new deal, team salary figures to exceed the luxury tax threshold for 2018/19.

Photo courtesy of USA Today Sports Images.

Would Rockets Be Good Fit For Carmelo Anthony?

July 7th, 2018 at 11:59am CST by Luke Adams

ESPN’s Kevin Pelton explores whether Carmelo Anthony – who is headed for a split with the Thunder – would fit best with the Lakers, Heat, or Rockets, three teams said to be interested in his services.

Rockets, Heat, Lakers Expected To Have Interest In Carmelo Anthony

July 6th, 2018 at 1:18pm CST by Luke Adams

The Thunder intend to part ways with Carmelo Anthony this summer, whether that means trading him, waiving and stretching him, or buying him out and stretching him. With a trade considered a long shot, potential suitors for Anthony expect him to reach the open market, at which point he’ll likely be “pursued vigorously” by contending teams, per ESPN’s Adrian Wojnarwoski and Royce Young.

According to Wojnarowski and Young, the Rockets, Heat, and Lakers are among the teams expected to express interest in Anthony. Word of Houston’s interest was first tweeted by Marc Stein of The New York Times.

The Rockets have their $5.337MM taxpayer mid-level exception available and pursued Anthony last summer. Heading to Houston would allow Anthony to compete for a title and join old friend Chris Paul.

Anthony could also team up with a close friend in Los Angeles, with LeBron James poised to sign with the Lakers. L.A. still has about $5.6MM in cap room available, so the club would be able to offer Carmelo more than the minimum.

As for the Heat, they haven’t used any of their mid-level exception, so they’d be able to go up to $5.337MM, or perhaps even higher if they’re willing to hard-cap themselves. They might not be as close to title contention as the Rockets or Lakers, but the Heat could have a clearer path to a deep playoff run than L.A. at least, given how much more competitive the West will be. They’d also have a Banana-Boater on their roster if Dwyane Wade opts to return.

Recognizing that the Thunder will have to let him go at some point, Anthony may not be incentivized to surrender much money in a buyout agreement with Oklahoma City. However, if he knows he has a $5MM+ offer lined up with another team, it could push him to give up a little of his Thunder salary to accelerate the process.