Houston Rockets Rumors | Hoops Rumors

And-Ones: Team Canada, Ownership Stakes, Cap Room, Giles

July 15th, 2023 at 9:20am CST by Luke Adams

While a Team USA roster led by Jalen Brunson, Anthony Edwards, Brandon Ingram, and Mikal Bridges will enter the 2023 World Cup as the frontrunner next month, Team Canada’s initial 18-man group features some real star power.

The extended roster, announced this week by Canada Basketball, is headlined by Nuggets guard Jamal Murray, Thunder guard Shai Gilgeous-Alexander, Thunder forward Luguentz Dort, Knicks forward RJ Barrett, and Rockets forward Dillon Brooks.

It also features five other players currently on NBA rosters: veteran big men Dwight Powell (Mavericks) and Kelly Olynyk (Jazz), guards Nickeil Alexander-Walker (Timberwolves) and Cory Joseph (Warriors), and forward Oshae Brissett (Celtics). Purdue’s star center Zach Edey is on the roster too.

Team Canada will have to make a few cuts to get down to 12 players for the World Cup, and it’s possible some of the more notable names will drop out in order to focus on the NBA season. However, league sources tell Joe Vardon of The Athletic that Murray has reaffirmed his commitment to the team despite a lengthy postseason run with the Nuggets this spring.

Here are a few more odds and ends from around the basketball world:

The minimum stake that someone can own in an NBA franchise has been lowered, according to Mike Vorkunov of The Athletic, who says a minority shareholder can now control as little as 0.5% of a team, down from 1%.
A total of eight teams operated below the cap this offseason, having entered the league year with $277MM in combined cap room, per Yossi Gozlan of HoopsHype. As Gozlan outlines, over half of that league-wide cap space was used to accommodate trades or contract negotiations rather than free agent signings.
Sean Cunningham of FOX40 in Sacramento (video link) caught up with free agent big man Harry Giles to talk about the 25-year-old’s efforts to make it back into the NBA, as well as the new rule related to two-way contracts that will unofficially be named after him.

KJ Martin's Thank You Letter To Houston

July 14th, 2023 at 9:34pm CST by Rory Maher

The Clippers recently acquired Kenyon Martin Jr. in a trade with the Rockets, and he had nothing but good things to say about his time in Houston in a thank you message on Twitter.

Feigen Details Ben Sullivan's Coaching Journey

July 13th, 2023 at 2:31pm CST by Rory Maher

Ben Sullivan has had a unique journey to becoming an NBA assistant coach, and it’s an opportunity he doesn’t take for granted, according to Jonathan Feigen of The Houston Chronicle (subscriber link). “You hear people talk about this. ‘Find your passion. Find your passion, and you’ll never work a day in your life.’ I actually am lucky enough to believe that,” Sullivan said. “It doesn’t feel like a job. I feel like I’m doing what I love doing, doing what I’m supposed to be doing. Whatever form or capacity it ends up being, I love being in the gym and working with the guys. I love what I do.” As Feigen writes, Sullivan’s wife pushed him to consider coaching while he was working at a construction company, and he got his start teaching sixth graders the game. The new Rockets assistant has been part of two championships during his 10 seasons in the NBA, including eight as an assistant.

Smith, Eason Showed Improvement In Las Vegas

July 13th, 2023 at 8:59am CST by Arthur Hill

Jabari Smith and Tari Eason only appeared in two Summer League games, but Rockets officials were very happy with what they saw from both second-year players, per Jonathan Feigen of The Houston Chronicle. Smith was one of the best players in Las Vegas with a total of 71 points (35.5 PPG), while Eason averaged 23 PPG and looked comfortable at either forward position.

Dillon Brooks Sees Similarities Between Rockets, Grizzlies

July 11th, 2023 at 1:42pm CST by Luke Adams

New Houston forward Dillon Brooks sees similarities between his new team and his old one, suggesting that the Rockets are where the Grizzlies were a few years ago, per Jonathan Feigen of The Houston Chronicle (subscriber link). “I feel like it’s almost the exact same team,” Brooks said. “Three, four years ago, we had almost the same type of players. Jalen Green (is) like Ja Morant. Jabari (Smith) is like Jaren (Jackson Jr.). Young guys that can expand their game to be among the best or the best in the league. I feel like those two guys are almost the same type of deal.”

More Contract Details: White, Lyles, A. Holiday, Draymond, D-Lo, More

July 11th, 2023 at 7:24am CST by Luke Adams

Coby White‘s new contract with the Bulls and Trey Lyles‘ new contract with the Kings both include unlikely incentives that could increase the value of those deals, Hoops Rumors has learned.

White’s three-year pact is guaranteed to be worth at least $36MM and has $1.3MM in annual incentives that could push the guard’s earnings up to $40MM in total. As for Lyles, he’ll make $8MM guaranteed salaries in each season of his two-year deal with Sacramento and could earn another $1.2MM in bonuses, which would increase the overall value of the contract to $18.4MM ($9.2MM per year).

Here are a few more details worth noting on several recently signed contracts:

Aaron Holiday‘s one-year, minimum-salary contract with the Rockets is only partially guaranteed. Holiday is assured of about $1.05MM and would receive his full $2.35MM salary if he remains under contract through at least January 7.
Draymond Green‘s four-year, $100MM contract with the Warriors includes a 15% trade kicker, while Jevon Carter‘s three-year, $19.5MM deal with the Bulls has a third-year player option.
Only the first season of Julian Champagnie‘s new four-year, $12MM contract with the Spurs is guaranteed. For each of the following three years, he’ll have to remain under contract beyond August 1 to guarantee his salary for that season.
A player who re-signs with his previous team on a one-year deal (or a two-year deal with a second-year option) has the right to veto a trade, since he’d lose his Bird (or Early Bird) rights if he’s dealt. However, the new Collective Bargaining Agreement allows a player to waive that right to veto a trade when he signs that sort of contract, and Lakers guard D’Angelo Russell became the first player to do so, per Keith Smith of Spotrac (Twitter link). Alex Len also waived his right to veto a trade as part of his new one-year deal with the Kings, Hoops Rumors has learned.

Contract Details: Sabonis, Middleton, VanVleet, Russell, Clark

July 10th, 2023 at 10:59pm CST by Dana Gauruder

The Kings’ renegotiation and extension of Domantas Sabonis‘ contract includes $203.6MM in guaranteed money, Michael Scotto of Hoops Hype tweets. The five-year deal also includes $13MM in incentives, raising its potential value to $216.6MM.

Sacramento used $8.6MM in cap room to give Sabonis a raise on next season’s salary – from $22MM to $30.6MM — then added four more years via the extension.

We have more contract-related notes:

Khris Middleton has a player option in the final season of his new three-year deal with the Bucks, Scotto tweets. As previously reported, his contract includes $93MM in guaranteed money and another $9MM in bonus incentives.
Fred VanVleet‘s huge three-year contract with the Rockets includes a 15% trade kicker, according to Blake Murphy of Sportsnet (Twitter link). The previously reported team option for the third year is valued at $44.89MM.
D’Angelo Russell‘s two-year contract with the Lakers is guaranteed for $36MM, Spotrac contributor Keith Smith tweets. The second season is a player option and Russell has $700K in incentives for both seasons. Additionally, Russell has waived his implied no-trade clause.
Jaylen Clark‘s two-way contract with the Timberwolves is a two-year deal, Smith tweets.
Leonard Miller‘s four-year, $8.3MM contract with the Timberwolves is guaranteed for the first two years, Scotto tweets. The third year is 50% guaranteed, and the fourth year is a team option.

Contract Details: Crowder, Grant, Powell, Green, Lewis

July 10th, 2023 at 2:16pm CST by Rory Maher

Jae Crowder‘s new one-year contract with Milwaukee is for the veteran’s minimum, league sources tell Eric Nehm of The Athletic (Twitter link).

The Bucks held Crowder’s Bird rights, so they could have given him any salary up to his maximum. Obviously he was never going to receive anything close to $47.6MM next season, but it’s still interesting that he accepted such a significant pay cut after making $10.2MM in 2022/23.

Crowder just completed his 11th NBA season. As our list of minimum salaries for ’23/24 shows, the 33-year-old will earn about $3.2MM on his new deal, while the Bucks will carry a $2MM cap hit.

Here are more contract details from around the NBA:

Jerami Grant received the most lucrative contract in free agency in terms of total value, earning $160MM over five years to stay with the Trail Blazers. The fifth year of Grant’s deal is a player option, tweets Michael Scotto of HoopsHype.
Center Dwight Powell re-signed with the Mavericks as a free agent, inking a three-year, $12MM deal. Similar to Grant, Powell has a player option for the final season, per ESPN’s Tim MacMahon (Twitter link). Powell reportedly drew interest from Houston, but decided to stay with Dallas.
Jeff Green‘s two-year contract with the Rockets features a non-guaranteed team option in 2024/25 and $1.6MM per season in bonuses that are considered likely to be achieved, sources tell Scotto (via Twitter). That means Green’s annual cap hits will be $9.6MM. ESPN’s Bobby Marks was first to report that the original terms of Green’s contract agreement had been amended, with Houston using cap room to sign the veteran forward.
The Lakers signed second-rounder Maxwell Lewis to a standard four-year contract using the new second-round pick exception, reports Khobi Price of The Southern California News Group (Twitter link). Lewis will receive guaranteed salaries of $1.1MM as a rookie next season (the minimum) and $1.4MM in ’24/25. Sources tell Price the third year of the contract is partially guaranteed for $100K, while the fourth and final season is a team option.

Contract Details: Brooks, Bane, DiVincenzo, Ball, Clarkson

July 9th, 2023 at 6:48pm CST by Dana Gauruder

Dillon Brooks will receive even more money from the Rockets, thanks to their complex five-team sign-and-trade, ESPN’s Adrian Wojnarowski tweets.

Brooks’ four-year, front-loaded contract agreement with Houston was originally reported to be worth $80MM. He’ll now receive at least $86MM through the life of the contract and can reach $90MM if he reaches certain incentives.

The sign-and-trade involving Memphis, Houston, and three other teams was finalized on Saturday.

The four guaranteed years are spread out in this fashion: $22.6MM next season; $22.3MM on 2024/25; $21.1MM in 2025/26; and $20MM in 2026/27, ESPN’s Bobby Marks tweets.

We have more contract-related news:

The five-year rookie scale extension that the Grizzlies gave Desmond Bane isn’t quite a max contract because it includes some incentives. Bane will receive $197.2MM in guaranteed money and can make an additional $8.7MM if he reaches certain incentives, Tim MacMahon of ESPN tweets.
Unlike Brooks, Donte DiVincenzo‘s four-year contract with the Knicks includes typical raises. He’ll receive $10.9MM next season; $11.4MM in 2024-25; $12MM in 2025-26; and $12.5MM in 2026/27, Fred Katz of The Athletic tweets. The contract, which is guaranteed for $47MM, also includes $750K per year in unlikely bonuses, including Defensive Player of the Year, Most Valuable Player, Most Improved Player, Sixth Man of the Year and All-NBA.
LaMelo Ball‘s five-year max designated rookie extension with the Hornets doesn’t include a player option, Michael Scotto of HoopsHype tweets. The pact does, however, feature a 15% trade kicker.
Jordan Clarkson renegotiation and extension deal with the Jazz begins with a salary of $23.5MM for next season, MacMahon tweets. It drops down to $14.1MM in 2024/25 and inches up to $14.3MM for the 2025/26 season. The contract also has $1.1MM in incentives.

Mavericks Re-Sign Dwight Powell

July 9th, 2023 at 1:54pm CST by Arthur Hill

JULY 9: Powell has officially re-signed, the Mavericks announced (via Twitter).

JULY 1: Dwight Powell will remain with the Mavericks on a three-year, $12MM contract, tweets ESPN’s Adrian Wojnarowski. The new deal represents a significant pay cut for Powell, who earned more than $11MM in each of the last three seasons.

Dallas views Powell as part of a center platoon and a mentor for first-round pick Dereck Lively II, according to Tim McMahon of ESPN (Twitter link).

The 31-year-old big man served as Dallas’ main starting center the past two years, although he frequently played less than half the game. He averaged 6.7 points and 4.1 rebounds in 19.2 minutes per night last season while shooting a career-best 73.2% from the field.

Powell is one of the few remaining NBA players to be drafted by the Charlotte Bobcats, who took him with the 45th pick in 2014. He was traded on draft night and then was dealt two more times during his rookie season before winding up in Dallas, where he has remained ever since.

The Rockets had interest in Powell and were hoping to set up a meeting with him on Friday. However, the Mavericks were determined to re-sign Powell and were able to keep him at a bargain price.