Houston Rockets Rumors | Hoops Rumors

Rockets Notes: VanVleet, Free Agency, Brooks, Thompson

July 9th, 2023 at 11:00am CST by Arthur Hill

Fred VanVleet was one of the biggest winners in free agency, landing a max contract to join the Rockets as their new on-court leader, writes Tim MacMahon of ESPN. The veteran point guard said Houston officials have assured him that he won’t have to change anything about his game.

“They don’t want me to be anybody but myself,” VanVleet said. “And I know people are crazy about the number, but the league is growing every year and that number won’t be that number in a few years. So I know it’s a shock factor with the narrative that I have around me as an undrafted guy, but I’m going to work every day to make sure I prove every penny.”

VanVleet worked out this week with his new backcourt partner, Jalen Green, and he’s in Las Vegas to watch more of his young teammates in Summer League action. He’s looking forward to a fresh start after spending his first seven NBA seasons with the Raptors.

“I owed my whole NBA career to them, but I think it was just time for a change of scenery,” VanVleet said. “I’m just really excited about being with a new group and trying to lead these guys the best I can.”

There’s more on the Rockets:

General manager Rafael Stone was looking for players with “an edge” when he went shopping with more than $60MM in cap space, per Jonathan Feigen of The Houston Chronicle. Houston was among the NBA’s worst defensive teams during its three years of rebuilding, so Stone was determined to find players who are willing to compete on that end of the court. In addition to VanVleet, he landed Jeff Green, Jock Landale and Aaron Holiday in free agency, along with Dillon Brooks in a five-team sign-and-trade deal that was finalized Saturday night. “First, they’re really good basketball players who have won a lot of games and not by accident,” Stone said. “We really wanted to add veteran players who still fit our timeline and knew how to win. And we think we accomplished that.”
In an interview with Kelly Iko of The Athletic, Brooks said he’s looking forward to bringing his influence to a young team that needs to learn how to win. “I can’t wait to work with Tari (Eason),” Brooks said. “I feel like he can be a great player in this NBA — especially a great defender — and grow his game, his athleticism and everything.”
Amen Thompson‘s Summer League debut provided more evidence that the Rockets made the right pick at No. 4, Iko adds in a separate story. Before leaving with an ankle injury, the 6’7″ point guard produced 16 points, four rebounds, five assists, four blocks and three steals in 28 minutes and showed he knows how to attack a defense that’s daring him to shoot from the outside.

NBA Reveals Dates, Groups For In-Season Tournament

July 8th, 2023 at 7:40pm CST by Arthur Hill

The NBA has announced the five-team groups that will used for the league’s first-ever in-season tournament, writes Tim Bontemps of ESPN. The unveiling took place Saturday during a special episode of ESPN’s “NBA Today” held at “NBA Con” in Las Vegas.

The groups were determined in a draw similar to what is used in soccer’s World Cup. There are six groups — three each from the Eastern Conference and Western Conference — and each conference was split into five pots based on last season’s standings. One team was randomly selected from each of the pots to determine the opening-round matchups.

The results are:

Group 1: Sixers, Cavaliers, Hawks, Pacers and Pistons.
Group 2: Bucks, Knicks, Heat, Wizards and Hornets.
Group 3: Celtics, Nets, Raptors, Bulls and Magic.
Group 4: Grizzlies, Suns, Lakers, Jazz and Trail Blazers.
Group 5: Nuggets, Clippers, Pelicans, Mavericks and Rockets.
Group 6: Kings, Warriors, Timberwolves, Thunder and Spurs.

The tournament will start with group play, which will match each team with the other four in its grouping. Those games will take place on Nov. 3, 10, 14, 17, 21, 24 and 28.

The winner of each group will advance to a knockout round, joined by the team with the best record in each conference among those who didn’t win a group. Quarterfinal games will be played Dec. 4 and 5, hosted by the higher-seeded teams. The four winners in that round will move on to T-Mobile Arena in Las Vegas for the Dec. 7 semifinals and the Dec. 9 championship game.

Bontemps points out that all teams will play within their conference until the last game, which guarantees an East vs. West matchup, just like the NBA Finals.

“Everybody’s not going to buy in right away,” admitted Joe Dumars, the NBA’s executive vice president of basketball operations. “So that can’t be the goal that everybody’s going to buy in from day one. These things take time. And I think, as time goes on, I think you can build this up and people can really get into it.”

The championship trophy will be called the NBA Cup, and players will receive $500K each for winning it. Other prize money includes $200K for second place, $100K for losing in the semifinals and $50K for losing in the quarterfinals. The league opted not to provide other incentives, such as a guaranteed playoff spot, for the tournament winner.

We passed along more details on the in-season tournament right here.

Rockets Acquire Dillon Brooks In Five-Team Deal

July 8th, 2023 at 7:03pm CST by Luke Adams

JULY 8: The complex five-team trade that sends Brooks to Houston has been finalized, the Rockets announced in a press release The breakdown of the deal, which combined several separate trade agreements, is as follows:

Rockets acquire Brooks (via sign-and-trade), the Clippers’ 2026 second-round pick, the Grizzlies’ 2027 second-round pick (from Clippers), and the draft rights to Alpha Kaba (from Hawks).
Hawks acquire Usman Garuba, TyTy Washington, the Timberwolves’ 2025 second-round pick (from Rockets), the Rockets’ 2028 second-round pick, and cash (from Thunder).
Grizzlies acquire Josh Christopher.
Thunder acquire Patty Mills, a 2024 second-round pick (from Rockets), the Rockets’ 2029 second-round pick, and the Rockets’ 2030 second-round pick.
Clippers acquire Kenyon Martin Jr.

In a separate deal, Oklahoma City will ship Mills to Atlanta in exchange for Garuba, Washington, Rudy Gay and a second-round pick.

6:04pm: The Rockets will acquire Brooks via sign-and-trade, generating a trade exception for the Grizzlies, Wojnarowski confirms (via Twitter).

Sources tell Kelly Iko of The Athletic (Twitter link) that Houston is trading Josh Christopher to Memphis. Although Iko doesn’t specify it will be part of a Brooks sign-and-trade, that seems logical.

The Grizzlies’ trade exception for Brooks would be $11.4MM due to base year compensation rules, notes Yossi Gozlan of HoopsHype (Twitter link). If Christopher heads to Memphis in the deal, that TPE would shrink to $8.9MM, Gozlan adds.

5:20pm: The Rockets and Brooks have agreed to a four-year deal worth $80MM, agent Mike George tells Adrian Wojnarowski of ESPN (Twitter link).

The deal will have a descending structure, tweets Wojnarowski. It will be fully guaranteed, with no player or team option, per Kelly Iko of The Athletic (Twitter link).

As with VanVleet, Houston’s offer in order to secure a commitment ended up being for more years and more money than initially anticipated.

JULY 1, 4:35pm: The Rockets are close to reaching a contract agreement with unrestricted free agent Dillon Brooks, reports Shams Charania of The Athletic (Twitter link).

While Houston has the cap room necessary to sign Brooks outright, the team has been engaged in trade talks around the league, according to Charania, who says a sign-and-trade with the Grizzlies is a possibility if the Rockets reach a deal with the veteran forward.

Brooks was frequently linked to the Rockets in the days leading up to free agency. One report indicated that Houston was preparing to offer him a deal in the range of $14-16MM annually, while another stated the team had a meeting lined up for Friday or Saturday with the 27-year-old.

Brooks is a talented perimeter defender who earned All-Defensive Second Team honors this spring, but he has become an increasingly erratic shooter, making a career-worst 39.6% of his field goal attempts in 2022/23. His three-point percentage dipped to 32.1% on 5.6 attempts per game during the last two seasons after he converted 35.3% of 4.5 threes per game in his first four seasons, all with the Grizzlies.

On top of his offensive struggles, Brooks’ outsized personality and aggressive playing style have gotten him into trouble both on the court and in interviews off it. He received three one-game suspensions this season, once for an on-court altercation with Cavaliers star Donovan Mitchell and twice for accumulating so many technical fouls.

Brooks ultimately wore out his welcome in Memphis, with a report after the season indicating that the Grizzlies didn’t plan to bring him back “under any circumstances.” His performance during the team’s first-round loss to the Lakers was reportedly considered to be a breaking point. Brooks referred to Lakers star LeBron James as “old” following Memphis’ Game 2 win, suggesting the NBA’s all-time leading scorer was well past his prime.

He was then ejected from Game 3 for hitting James in the groin, surrendered a pair of key baskets to LeBron in a Game 4 loss, and was eventually fined $25K for declining to speak to reporters after three games of the series (all losses). Offensively, Brooks shot just 31.2% from the field and 23.8% on three-pointers across six playoff games.

A change of scenery could benefit Brooks, and the Rockets have reportedly been prioritizing tough, defensive-minded veterans under new head coach Ime Udoka. Houston has reached an agreement with Fred VanVleet and was said to be aggressive in its pursuit of Defensive Player of the Year runner-up Brook Lopez, who ultimately decided to remain in Milwaukee.

Rockets’ Amen Thompson Sprains Ankle In Debut

July 8th, 2023 at 2:46pm CST by Rory Maher

JULY 8, 2:46pm: An MRI on Thompson’s ankle revealed that he has a Grade 2 sprain and will be sidelined for three or four weeks, per Marc J. Spears of Andscape (Twitter link). While we won’t see Thompson again in Summer League, there’s no reason to think he won’t be ready for training camp in September.

JULY 8, 5:39am: Although Thompson’s injury isn’t viewed as serious, he’ll undergo an MRI on Saturday and is very likely to be held out of action for the rest of Summer League, per Kelly Iko and Shams Charania of The Athletic (Twitter link).

JULY 7: Scoot Henderson wasn’t the only top pick injured in his NBA Summer League debut. Unfortunately, Rockets guard Amen Thompson, who was selected directly after Henderson at fourth overall, appeared to suffer a lower left leg injury late in the same game (Twitter video link via ESPN).

Thompson was clearly in a lot of pain, but he was eventually able to gingerly walk off the court with assistance, tweets Jonathan Feigen of The Houston Chronicle.

A source tells ESPN’s Tim MacMahon that Thompson suffered a sprained ankle that isn’t considered serious (Twitter links). The 20-year-old said the team’s staff will determine whether or not he plays again in Summer League.

“It’s pretty sore,” Thompson said, per MacMahon.

Thompson showed flashes of tantalizing upside in his marquee matchup with Henderson, finishing with 16 points (on 6-of-13 shooting), five assists, four rebounds, four blocks and three steals in 28 minutes against the Trail Blazers. The Rockets wound up winning the game on a Jabari Smith buzzer-beater.

Jermaine Samuels Making Strong Impression On Rockets

July 8th, 2023 at 9:01am CST by Arthur Hill

Free agent forward Jermaine Samuels has impressed Rockets officials in practice and could be a candidate for a roster spot or a two-way deal, tweets Jonathan Feigen of The Houston Chronicle.

Rockets Sign Fred VanVleet To Three-Year Contract

July 7th, 2023 at 1:10pm CST by Luke Adams

JULY 7: The Rockets have officially signed VanVleet, the team announced today in a press release.

As previously noted, VanVleet’s three-year deal includes a third-year team option.

JUNE 30: Fred VanVleet is leaving Toronto, according to Adrian Wojnarowski of ESPN (Twitter links), who hears from agents Rich Paul and Erika Ruiz that the free agent point guard will join the Rockets on a three-year, maximum-salary contract.

The No. 2 player on our list of 2023’s top 50 free agents, VanVleet is the first free agent to land a max deal this summer, Wojnarowski notes. The agreement will pay him a total of $128.5MM across three seasons, including a starting salary of $40.8MM in 2023/24, which will eat up a huge chunk of Houston’s cap room.

It’s a massive payday for VanVleet, who began his NBA career in 2016 as an undrafted free agent on a minimum-salary contract. Over the course of seven seasons in Toronto, he evolved from little-used reserve to key rotation member on a championship team to All-Star starting point guard.

The former Wichita State standout signed a four-year, $85MM contract during his last foray into free agency in 2020, but opted out of that deal after the third year in order to secure an even larger payday.

VanVleet is coming off a down season, having made a career-worst 34.2% of his three-point attempts in 2022/23 as his defense also took a step back. However, it appears the Rockets are willing to chalk up his struggles to nagging injuries and bad luck rather than assuming it’s the beginning of a downward trend. The 6’1″ guard has never been a great finisher around the rim, but he was a career 38.2% three-point shooter prior to last season and has been an asset on defense in the past.

The Rockets had more cap room (approximately $64MM) than any other team in the NBA entering free agency, putting them in position to aggressively pursue their preferred targets. While James Harden was mentioned earlier in the year as a candidate to return to Houston, VanVleet had clearly become the team’s top point guard target in the days leading up to free agency.

With the Raptors doing their best to bring back VanVleet, the Rockets apparently had to tack on an extra season to the two-year, maximum-salary offer they were said to be preparing for the 29-year-old in order to secure his commitment. Even with $40MM earmarked for VanVleet, Houston still has about $25MM in cap room available to continue making moves.

Meanwhile, it’s unclear how the Raptors intend to address their suddenly gaping hole at point guard. The club had spent the last year or two seeking a reliable backup for VanVleet and will now have to find a new starter too.

[UPDATE: Raptors to sign Dennis Schröder]

As Bobby Marks of ESPN tweets, Toronto could try to work out a sign-and-trade with Houston to generate a huge trade exception. However, there’s no reason for the Rockets to agree to that unless they’re incentivized to do so, so the Raptors would probably have to give up a second-round pick or two to make it happen.

Rockets Sign Jeff Green To Two-Year Contract

July 7th, 2023 at 12:07pm CST by Luke Adams

JULY 7: The Rockets have officially signed Green, the team announced today in a press release.

As we relayed in a separate story, the terms of Green’s deal have reportedly been amended — it’s now a two-year, $16MM contract, with a non-guaranteed second year. He was signed into Houston’s cap room.

JULY 1: The Rockets and free agent forward Jeff Green have agreed to a one-year, $6MM contract, league sources tell Michael Scotto of HoopsHype (Twitter link).

Green, who will turn 37 in August, is entering his 16th NBA season, but showed with the Nuggets in 2022/23 that he still has a little left in the tank. He averaged 7.8 points and 2.6 rebounds in 19.5 minutes per game across 56 appearances.

Green’s three-point percentage dipped to 28.8% last season, but he has a career 33.7% rate and can defend multiple frontcourt positions. He played rotation minutes during Denver’s championship run, appearing in all 20 playoff games and averaging 17.2 minutes per night.

The Nuggets were open to a reunion with Green, but not at the salary he’s getting from Houston, tweets Mike Singer of The Denver Post.

It has been a busy day for the Rockets, who have agreed to a series of moves that will eat up most of their cap room, including a free agent deal with Jock Landale, a sign-and-trade for Dillon Brooks, and a trade for Patty Mills, who will be rerouted as part of the Brooks sign-and-trade. Depending on how Houston structures its transactions, Green could either be signed into cap space or the room exception.

The Rockets likely envision Green as a player who can be a leader in the locker room and provide some veteran savvy on the court.

Rockets Notes: Brooks Deal, Green, Harden, Martin

July 7th, 2023 at 11:48am CST by Luke Adams

The Rockets‘ multi-team sign-and-trade deal for Dillon Brooks will expand further to include the trade agreement between Houston and the Clippers involving Kenyon Martin Jr., according to Jonathan Feigen of The Houston Chronicle (subscription required).

Houston’s deal that sends TyTy Washington and Usman Garuba to the Hawks will also be part of the Brooks sign-and-trade with the Grizzlies. With the Clippers involved and the Thunder set to take on Patty Mills in the complex transaction, it will be at least a five-team trade.

The Rockets, who acquired a second-round pick from Brooklyn for Mills and are getting two more from the Clippers for Martin, will send out five second-rounders in the deal — two to Atlanta and three to Oklahoma City. Those three picks going to the Thunder haven’t been reported yet, so it’s possible they’ll just be the three selections that Houston is receiving from the Nets and Clippers.

As we wait for the Rockets to complete their offseason moves, here are a few more notes out of Houston:

Jeff Green‘s contract with the Rockets, originally reported to be worth $6MM for one year, will actually be for $16MM over two, with a non-guaranteed second year, tweets Bobby Marks of ESPN. Marks adds that Green’s first-year cap hit will be $8MM. If that figure is precise, rather than rounded, it means the forward will have to be signed using cap room rather than the room exception, which maxes out at $7.7MM.
The hiring of Ime Udoka as head coach was a major factor in the Rockets’ decision to pivot away from James Harden and toward Fred VanVleet in free agency, a league source tells Steve Bulpett of Heavy.com. “From everything we’ve gotten out of there, it was a matter that Ime didn’t want him,” the source said. “At the beginning, were they thinking about Harden? Yeah. But then they hired Ime, and Ime said, ‘It’s not going to work here.'”
Appearing on The IkoSystem podcast, Kenyon Martin Jr. spoke to Kelly Iko of The Athletic about the trade that will send him from the Rockets to the Clippers. Martin said that he appreciates the opportunity the Rockets gave him and added that Houston “will always have a place in my heart,” but admitted he’s looking forward to returning home to Los Angeles, where he was born and raised (Twitter audio clip).

Nets Officially Trade Patty Mills To Rockets

July 6th, 2023 at 12:41pm CST by Luke Adams

JULY 7: The pick the Nets received in the trade is their own 2024 second-rounder with top-55 protection, reports Kelly Iko of The Athletic (Twitter link).

Houston acquired Brooklyn’s 2024 second-rounder in a prior trade and will retain it if it lands between 31-55 next June.

JULY 6: The Nets and Rockets have officially completed their trade sending guard Patty Mills to Houston, according to a pair of press releases from the clubs.

Along with Mills, Houston acquired the Bucks’ 2028 second-round pick. The Rockets sent a protected future second-rounder to Brooklyn. While the exact details on that pick aren’t known, it’ll have top-55 protection, tweets Kelly Iko of The Athletic.

Mills will only be a Rocket temporarily. He’s being flipped to the Thunder as part of Houston’s Dillon Brooks sign-and-trade acquisition, as Adrian Wojnarowski first reported over the weekend.

Jonathan Feigen of The Houston Chronicle (Twitter link) suggests Oklahoma City will be receiving three second-round picks as part of its deal for Mills, though we’re still waiting for clarity on the full terms of that trade agreement. According to Kelly Iko of The Athletic (Twitter link), the Rockets will actually send two second-round picks to Oklahoma City and will amend the terms of a previously traded second-rounder.

A veteran combo guard who will turn 35 next month, Mills was no longer a major part of the Nets’ rotation last season — his 14.3 minutes per game represented his lowest average since the 2012/13 season. He averaged 6.2 points and 1.4 assists in 40 appearances, with a shooting line of .411/.366/.833.

“Patty was an exemplary representative of the Nets during his two years in Brooklyn, both for his contributions on the court and his impact in the community,” Nets general manager Sean Marks said in a statement. “We thank Patty for all he has brought to our organization and wish him and Alyssa nothing but the best in their next chapter.”

Mills is earning $6.8MM on an expiring contract in 2023/24. By acquiring him using cap space and using him as a salary-matching piece in a subsequent deal, the Rockets will be able to preserve a bigger chunk of cap room before eventually abiding by salary-matching rules to go over the cap in their sign-and-trade for Brooks. That deal is expected to involve four or five teams, including the Grizzlies and Hawks — as noted above, the full details aren’t yet known.

It’s not clear if the Thunder plan to hang onto Mills once they acquire him. If they cut him, he’d be eligible to sign with any team besides Houston (including Brooklyn).

Aaron Holiday Signs One-Year Contract With Rockets

July 6th, 2023 at 12:32pm CST by Rory Maher

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

JULY 6: Aaron Holiday is signing a one-year contract with the Rockets, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Michael Scotto of HoopsHype reported earlier today that the Hornets and Rockets were among the teams interested in the free agent guard.

Holiday spent his first three NBA seasons with the Pacers, the team that selected him 23rd overall in the 2018 draft. He was sent to the Wizards two years ago as part of the massive five-team deal that saw Russell Westbrook head to the Lakers, and was later sent to the Suns at the 2022 trade deadline for cash.

Phoenix chose not to give Holiday a qualifying offer last summer in order to make him a restricted free agent, and he wound up signing a one-year deal for the veteran’s minimum with the Hawks. Kelly Iko of The Athletic reports (via Twitter) that the combo guard will once again be on a minimum-salary contract.

The Rockets were on the lookout for guard depth after trading TyTy Washington and Josh Christopher (to different teams) and releasing Daishen Nix, Iko adds (Twitter link).

Holiday, 26, appeared in 63 games for the Hawks in 2022/23, but his role was quite limited, averaging career lows in points (3.9) and assists (1.4) in 13.4 minutes per contest. The 6’0″ guard is a 37.7% career three-point shooter and converted 36 of his 88 attempts last season (40.9%).