Rockets Rumors

Rockets Waive Matthew Hurt

The Rockets are waiving rookie Matthew Hurt, per Alykhan Bijani and Kelly Iko of The Athletic (Twitter link). Hurt had been signed to a two-way contract.

Hurt, a 6’9″ forward who played two seasons for Duke, had a very productive sophomore season for the Blue Devils in 2020-21, averaging 18.3 PPG and 6.2 RPG (32.7 MPG) with a stellar .556/.444/.724 shooting line across 24 games.

Hurt went undrafted before signing the two-way deal with the Rockets. The move leaves the Rockets with 19 players entering training camp, with their one opening now a two-way contract.

Hurt should be able to catch on with another team, whether it be on a two-way or an Exhibit 10 contract, although with training camp fast approaching, roster spots are filling up very quickly.

More Contract Details For Dante Exum

  • Dante Exum‘s new three-year deal with the Rockets is even more complicated than initially reported. Exum’s base salaries increase by 8% annually ($2.5MM, $2.7MM, and $2.9MM), while his likely bonuses decrease by 8% per year ($2.5MM, $2.3MM, and $2.1MM). Exum also has some unlikely incentives which increase by 8% annually ($375K, $405K, and $435K). In total, his three-year deal could be worth as much as $16.215MM, but only his first-year base salary ($2.5MM) is guaranteed.

Details On Timberwolves’ Dismissal Of Gersson Rosas

The Timberwolves‘ dismissal of president of basketball operations Gersson Rosas was made for “performance reasons,” a high-ranking team source told Jon Krawczynski and Shams Charania of The Athletic. The team’s lack of success during Rosas’ tenure was a key factor in the decision, and complaints from staffers about Rosas’ leadership also played a part, per The Athletic’s duo.

However, another issue that factored into the timing of the move was the fact that the Wolves recently learned that Rosas – who is married – had a “consensual intimate relationship” with a member of the organization, according to Krawczysnki and Charania, who suggest that the relationship made several people within the franchise uncomfortable.

The Athletic’s deep dive into the situation in Minnesota’s front office uncovered sources who said Rosas worked his staffers long hours without giving them much input into personnel decisions. Some members of the front office took issue with those decisions, such as the one to include such light protections (top-three) on the first-round pick the Wolves sent Golden State in the D’Angelo Russell trade.

Rosas did have backers within the organization, including some who reached out to The Athletic in recent weeks to defend the way things were going, per Krawczynski and Charania. Some of Rosas’ defenders believe the pandemic and the change of ownership were factors that contributed to tension in the front office, while Rosas himself “vehemently disputed” that there were any significant problems with the team’s culture.

Still, many of The Athletic’s sources described Rosas’ tenure as dysfunctional, and when those complaints reached ownership, Glen Taylor, Alex Rodriguez, and Marc Lore decided the situation was untenable and a move needed to be made sooner rather than later.

“It’s hard,” said one staffer who followed Rosas to Minnesota after he was hired in 2019. “He’s not who I thought he was.”

The report from Krawczynski and Charania is worth checking out in full if you’re an Athletic subscriber. Here are some of the other highlights:

  • New interim head of basketball operations Sachin Gupta is well-regarded by team officials and is expected to get a chance to earn the permanent job, sources tell The Athletic. However, Krawczynski and Charania note that Gupta did “butt heads” with Rosas this summer when Gupta sought to make a lateral move to the Rockets for a similar job with higher pay, and Rosas blocked him. Rosas defended the decision by saying that the move wouldn’t have been a promotion, and it was too close to the draft and free agency to let a top executive with so much knowledge of Minnesota’s plans leave to join a rival. According to The Athletic, Rosas “banished” Gupta from the team’s offices in August and allowed him to seek employment elsewhere at that point, but Gupta decided to stay with the Wolves after ownership got involved.
  • Some player agents had issues with Rosas’ negotiating tactics, according to Krawczynski and Charania, who point to the team’s recent contract talks with Jordan McLaughlin as one example. A source tells The Athletic that Rosas reneged on promises about the role McLaughlin would have going forward after Patrick Beverley was acquired. Although agents recognized Rosas’ primary allegiance was to the organization, they expected better treatment in certain scenarios, according to The Athletic’s duo. “Rosas was the cause of mishaps and pulled his promises,” the source said of the McLaughlin negotiations.
  • Rosas’ decision to replace head coach Ryan Saunders with Chris Finch during the season without considering any other candidates – including minority candidates – wasn’t popular with some staffers, and neither was the decision to part with veteran scout Zarko Durisic last year, per Krawczysnki and Charania. Some people believed those moves flew in the face of Rosas’ portrayal of the organization as a “family.”
  • Krawczynski and Charania say Rosas was “working feverishly” this offseason to try to acquire Ben Simmons, who was viewed by some people in the organization as the roster’s missing piece. It’s unclear if Gupta will have the same level of interest in the Sixers star.
  • A report from Jake Fischer of Bleacher Report confirms and adds some details to many of the issues reported by The Athletic, including the recent discovery of Rosas’ “consensual extramarital affair” with a team staffer.

Texas Notes: Exum, Ntlikina, Rockets, Mavericks

In a tweet and Instagram video, Bobby Marks of ESPN breaks down the creative structure the Rockets employed for Dante Exum‘s contract, which was initially reported to be worth a fully non-guaranteed $15MM over three years.

The base salary for the first year is $2.5MM non-guaranteed, with $2.5MM in likely incentives. As Marks states in the video, Exum can earn $1MM for averaging 15.8 minutes per game and another $1.5MM for playing 15.8 MPG and recording a net rating of at least +2.7. Both incentives – which apply to all three seasons of the deal – are considered “likely” because Exum averaged 19.3 MPG with a +3.6 net rating in 2020/21.

The leaguewide salary guarantee date is January 10, so if Exum is still on the Rockets by that date his salary would be guaranteed and would be considered $5MM for trade purposes.

There’s more from Texas:

Community Shootaround: Who Gets Traded First, John Wall Or Ben Simmons?

Sixers star Ben Simmons has been in the NBA’s oddest situation all summer, but Rockets guard John Wall may have surpassed him this week.

Wall and Houston management have reportedly reached an agreement to work together to find him a new team, and he won’t play in any games until that happens. Wall will report to training camp and will remain around the team, but there are no plans for him to have any on-court action. Wall reportedly hasn’t asked for a trade, but at age 31 and with his history of injuries, he’s not in the long-term plans for the rebuilding Rockets.

The major impediment to dealing Wall is his contract, which will pay him $44.3MM this season, with a $47.4MM player option for 2022/23. Wall could theoretically make himself more tradable by agreeing to turn down the option in hopes of working out a long-term contract with his new team, just as Chris Paul did with the Suns.

Also limiting the market for Wall is his sparse playing time over the past three seasons, brought on by heel surgery and a ruptured Achilles tendon. He managed to play 40 games last season, averaging 20.7 points and 8.7 assists in 32.2 minutes per night, but wasn’t ever used in both games of back-to-back situations and was shut down in late April with a hamstring injury.

The Rockets are reportedly unwilling to part with multiple first-round picks as an incentive for a team to take Wall and are reluctant to take on unwanted long-term salaries, which further limits their options for finding a trade partner.

Simmons, of course, has been the subject of trade rumors since his baffling performance in the playoff loss to Atlanta. He took offense to comments made by coach Doc Rivers after the conclusion of that series and has threatened to hold out of training camp if the team doesn’t trade him by then.

The Kings, Timberwolves and Warriors have been among the teams most prominently mentioned as potential landing spots for Simmons, but sources say Sixers president of basketball operations Daryl Morey has set a very steep asking price. Simmons is reportedly “in step” with Philadelphia’s efforts to move him, but has expressed a desire to go to the Lakers, Clippers or Warriors rather than a rebuilding organization.

Numerous reporters have expressed doubt about whether Wall or Simmons will be traded any time soon, but we want your opinion. Which of these players do you expect to wind up with a new team first? Please leave your answer in the comments section.

Rockets Sign Dante Exum, Waive Tyler Bey

The Rockets have officially re-signed guard Dante Exum and waived Tyler Bey to create a roster space for him, according to the NBA’s transactions log. Hoops Rumors’ JD Shaw was the first to report the Bey transaction (Twitter link).

The deal is expected to be for three years and could be worth up to $15MM, but it will be non-guaranteed and will be heavy on incentives, per ESPN’s Tim MacMahon (Twitter link). We’ll have to wait for more details on the agreement to get a sense of how much Exum will realistically earn if he makes the regular season roster.

With John Wall not expected to play for the team this season as it seeks to trade him, the Rockets were in the market for another point guard. The Rockets’ interest in Exum surfaced on Tuesday.

Exum’s career has been marred by major injuries since he was selected with the No. 5 overall pick by the Jazz in 2014. He was dealt to Cleveland in December 2019.

Exum ended up with the Rockets this past winter as part of the four-team James Harden trade, though injuries kept him on the bench for the entirety of his 2020/21 Houston tenure. He appeared in just six games for Cleveland last season.

Exum played a prominent role on Australia’s bronze medal-winning squad at the Tokyo Olympics, averaging 9.0 PPG and 2.8 APG.

Bey, a 6’7” forward, signed an Exhibit 10 contract with Houston on Aug. 25.

He was a high second-round selection in 2020 out of Colorado, taken with the 36th pick by the Sixers. He was included in the deal that sent Josh Richardson to the Mavericks for Seth Curry. Bey only played 18 games with the Mavs, and averaged just 3.9 minutes a game in those 18 contests, though he recorded 15.1 PPG and 9.2 RPG in the G League.

Eric Gordon Would Be Open To Trade

Rockets guard Eric Gordon hasn’t asked team management for a trade, but sources tell Kelly Iko of The Athletic that Gordon would be open to moving to a club closer to title contention.

Like fellow guard John Wall, Gordon is a veteran with multiple years left on his contract who likely doesn’t have a place in Houston’s long-term plans as the team pivots to a rebuild. The Rockets and Wall have reached an agreement to hold the point guard out of games while they seek a new home for him, but it doesn’t sound like it will come to that with Gordon.

As Iko details, the Rockets have communicated in meetings with Gordon’s representatives this offseason that they’ve love to have the shooting guard stick around. And Iko refers to the 32-year-old as a “consummate professional” who will play whatever role is asked of him and won’t push the team for a trade. Still, Gordon acknowledges that it will be a challenge playing for a retooling club after having gotten accustomed to contending for a championship.

“It’s tough for a person in my situation,” Gordon said. “It’s tough going from going to the Western Conference Finals against one of the best teams of all time and being very competitive each year. And now, it’s a restart with no high expectations at all. So it’s much different.

“… But my ultimate goal is to just go out there and play, help, show that I’m healthy and gravitate to these guys to get better.”

Gordon is under contract for three more years, but his final year is non-guaranteed, so he’s essentially only owed about $37.8MM over the next two seasons. That will make him much easier to move than Wall if the Rockets want to pursue a deal, though he’ll have to show he’s healthy first.

[RELATED: John Wall Situation May Not Be Resolved Anytime Soon]

In 2020/21, Gordon was limited to just 27 games due to knee and groin injuries. He has made it a priority to get back to 100% this offseason, in terms of both health and conditioning.

“Physically and mentally, I’m definitely in a good spot,” Gordon told Iko. “Looking forward to training camp with the team and don’t have to really worry about any setbacks or whatnot.”

When healthy, Gordon can still be an effective role player on a playoff team. Although he has struggled with his three-point shot during his last two injury-plagued seasons, he averaged 16.8 PPG with a .364 3PT% during his first three years in Houston from 2016-19. Last season, he recorded 17.8 PPG, but made just 32.9% of his threes.

John Wall Situation May Not Be Resolved Anytime Soon

The Rockets reportedly intend to hold John Wall out of games until they can find a new home for him, which suggests the team is hopeful that there’s a deal to be made in the not-so-distant future. However, a number of NBA reporters aren’t so sure that the Wall situation will be resolved anytime soon.

Appearing on ESPN (video link; hat tip to Clutch Points), Adrian Wojnarowski said he believes trading Wall will be “almost impossible” unless Houston is willing to attach multiple first-round picks, which the team has resisted thus far. Wojnarowski adds that he thinks Wall will be in Houston for “a while” unless the point guard becomes receptive to giving up a significant amount of salary in a buyout.

On the latest episode of his Lowe Post podcast, ESPN’s Zach Lowe also expressed skepticism that there’s a deal out there for Wall and his oversized contract (two years, $91.7MM). Lowe told fellow ESPN reporter Tim MacMahon that he expects we’ll be waiting a long time for a resolution, with an eventual buyout representing the most likely outcome.

“I think it’s, ‘Hurry up and wait until next summer,'” MacMahon responded, per RealGM. “I think that’s what ends up happening.”

These reports are hardly surprising. Wall’s $44.3MM cap hit for the 2021/22 season is difficult to match for most teams, especially since newly-signed contracts can’t be moved right away in trades. And the clubs that are in position to package two or three players to match Wall’s salary may not want to give up those players for a former All-Star who has been slowed by injuries in recent years and didn’t look quite like his old self in 2020/21.

If the situation does drag out for months, it will be interesting to see whether the Rockets reconsider their stance of having Wall sit out games for the entire 2021/22 season. While that may be the safe approach to keep him healthy, the 31-year-old could perhaps boost his trade value a little if he returns to the court and proves he can still be productive.

Latest On John Wall

The John Wall situation in Houston is nothing like the problem the team dealt with a year ago when James Harden forced his way out of town, writes Kelly Iko of The Athletic. Whereas Harden had become frustrated with the organization and did all he could to be moved, Wall is comfortable in Houston and was viewed as a “valuable ally” to first-year head coach Stephen Silas last season, according to Iko.

Tim MacMahon of ESPN conveys a similar sentiment, writing that Wall’s relationship with team management and ownership is still strong, as all parties have remained in frequent contact throughout the offseason. Rockets sources told MacMahon that the club valued Wall’s leadership during the tumultuous Harden-related drama a year ago.

“(Wall’s) been a rock for us,” one source told ESPN. “He’s been great since he got here.”

Still, with Wall preferring the opportunity to compete for the playoffs and for a championship, and the Rockets focused on carving out enough playing time for all their young players, the two sides are no longer a great match, which is why they’ve mutually agreed to try to find Wall a new home. Rockets sources told MacMahon that the franchise wants to “do right” by its veteran players, as it did last season by sending Harden and P.J. Tucker to title contenders.

Here’s more on Wall and the Rockets:

  • Sam Amick and David Aldridge of The Athletic take a closer look at which teams might be potential fits for Wall and whether his contract (worth $91.7MM over the next two years) will prevent Houston from finding a taker. Neither Amick nor Aldridge could identify any obvious trade partners.
  • Yossi Gozlan of HoopsHype wonders if the Thunder might be the best fit for Wall, since they’re the only team that could realistically take on his $44MM+ salary without sending out a ton of salary in return. However, the Rockets reportedly don’t want to give up first-round picks to move Wall, and Oklahoma City would likely require significant draft capital to seriously consider a deal.
  • In an Instagram video, Bobby Marks of ESPN runs through a few possible Wall suitors, explaining why it would be challenging for each of them to put together the $35MM+ in salaries needed to match Wall’s $44MM+ cap hit. As Marks points out, it will be even more difficult once the regular season begins and teams are only permitted to carry 15 players on standard contracts, since matching Wall’s salary may require a three- or four-for one structure, which would require Houston to waive multiple players.

Rockets Working Towards Re-Signing Dante Exum

The Rockets are nearing a deal to re-sign free agent reserve guard Dante Exum, according to Shams Charania of The Athletic (Twitter link). Charania had reported earlier today that Houston was talking to free agent point guards, with John Wall not expected to play for the team this season.

Injuries have hampered Exum’s time in the league thus far. He was drafted by the Jazz with the fifth overall pick in 2014. The club eventually sent him to the Cavaliers in December 2019.

Cleveland, in turn, shipped Exum out to the Rockets as part of the four-team James Harden trade, though injuries kept him on the bench for the entirety of his 2020/21 Houston tenure. He appeared in just six games for Cleveland, and thus overall, during the 72-game 2020/21 NBA season.

All told, Exum has appeared in 245 of a possible 554 games during his eight-season NBA run thus far. The 6’5″ Exum holds career averages of 5.7 PPG, 1.8 RPG, and 2.1 APG across 18.6 MPG.

On a Houston team not expected to contend for a postseason berth, the 26-year-old could have plenty of opportunity to rebuild his value in the marketplace. Charania observes that Exum averaged 9.0 PPG and 2.8 APG for Team Australia’s bronze medal-winning club this summer during the Olympics in Tokyo.

The Rockets currently have a full 20-man preseason roster, so they’d need to waive someone to make room for Exum. Khyri Thomas, Daishen Nix, Tyler Bey, and Armoni Brooks are on non-guaranteed contracts.