Carlos Delfino

Rockets Waive Delfino, Brooks

JUNE 30TH: Houston has waived Delfino and Brooks, tweets Adrian Wojnarowski of Yahoo! Sports, taking his cue from Rockets GM Daryl Morey, who bid them farewell via Twitter. The Rockets were reportedly trying to trade both of them before their contracts became guaranteed at the end of today, but apparently found no takers.

JUNE 16TH: The Rockets have told the agents for Carlos Delfino and Aaron Brooks that the team will not pick up the options on their contracts for next season, reports Jonathan Feigen of the Houston Chronicle. The same is true for Francisco Garcia, as Mark Berman of Fox 26 Houston reported last month that the team will decline his option as well. The result is a savings of $11.908MM that the Rockets plan to put toward their pursuit of a marquee free agent.

Technically, Delfino and Brooks have non-guaranteed contracts for next season that would become fully guaranteed if they're not waived by June 30th, according to ShamSports.com. Essentially, that amounts to a team option on both. Delfino was set to make $3MM and Brooks $2.508MM, while Garcia's team option is worth $6.4MM next season.

The moves could be some of the last under the current phase of the team's roster construction, as Feigen details. If the team signs a big-time free agent this summer, with Dwight Howard as its primary target, it will shift toward an emphasis on veterans. The Rockets would prefer to avoid the luxury tax in coming seasons, but they're willing to go deep into the tax to keep many of their own players who are set to hit free agency in 2015, including Omer Asik, Jeremy Lin, Chandler Parsons and Patrick Beverley.

GM Daryl Morey and company will emphasize to free agents that the team has all of its future first-round picks, after having given up this year's first-rounder, and note that those draft choices can be traded for veterans. They'll also point to the mid-level and bi-annual exceptions the team will have once it goes over the cap as a means to acquire additional veterans.

In the past few seasons, Houston has turned over its roster in pursuit of superstars, but the team appears confident it will soon have a core it can build around for the long haul. The team pursued a similar veterans-first strategy in the early days of Morey's leadership, when Tracy McGrady and Yao Ming were star players.

Western Notes: Rockets, Iguodala, Clippers

The Rockets have been expected to waive Carlos Delfino and Aaron Brooks before their salaries become fully guaranteed at the end of today, but Marc Stein of ESPN.com hears the team is still pursuing 11th-hour trade possibilities for the two, despite the slim chance they'll find a deal (Twitter links). That's just one of many news items out of the West with free agency less than 12 hours away:

  • With a host of teams vying for Andre Iguodala, Nuggets GM Tim Connelly and coach Brian Shaw will meet with Iguodala on Monday in Los Angeles, tweets Adrian Wojnarowski of Yahoo! Sports (Twitter link).
  • Doc Rivers is downplaying talk of a trade involving Eric Bledsoe or anyone else, as Broderick Turner of the Los Angeles Times notes. The Clippers have interest in retaining Lamar Odom and Matt Barnes, Turner reports, adding that the Lakers are also high on Barnes.
  • Though the Clippers reportedly prefer Andrea Bargnani to DeMar DeRozan, Ryan Wolstat of the Toronto Sun notes that Rivers has always held DeRozan in high regard (Twitter link).
  • O.J. Mayo is expected to turn down his $4.2MM player option for next season, and while his preference is to return to Dallas, the Mavs won't receive a discount, tweets Tim McMahon of ESPNDallas.com.
  • Carl Landry's first priority will be to re-sign with the Warriors, but he believes there will be about half a dozen teams pursuing him, and he expects the Blazers to be one of them, the power forward tells Chris Haynes of CSNNW.com. Landry reciprocates Portland's interest.
  • The Suns won't be in the market for big-ticket free agents, writes Paul Coro of the Arizona Republic. The team prefers to keep its cap flexibility to accomodate an enticing trade possibility or next year's crop of free agents. The Suns will be in contact with Wesley Johnson, one of their own free agents, Coro says.
  • New Kings GM Pete D'Alessandro is promising an "aggressive" approach to the offseason, as Ailene Voisin of the Sacramento Bee observes. The Kings won't simply let restricted free agent Tyreke Evans go without matching his offer or working out a sign-and-trade, writes Voisin, who pegs his market value at between $8MM and $10MM per year.
  • Yesterday was the deadline for the Spurs to waive Matt Bonner before his $3.945MM salary for next season, which had been partially guaranteed for $1MM, became fully guaranteed. So, Bonner will be back, unless the team waives him via amnesty, as Jeff McDonald of the San Antonio Express-News points out as he examines the Spurs' offseason.

Draft Rumors: No. 1 Pick, Blazers, Kings

The draft is right around the corner and Chad Ford and Marc Stein of ESPN.com have the latest rumblings as we approach Thursday..

  • The Cavaliers reached out to the Trail Blazers in an attempt to land LaMarcus Aldridge for the Nos. 1 and 19 picks but the Blazers quickly rebuffed them, sources say.  Late Monday night, we heard that the Blazers, Thunder, and T-Wolves have been the most proactive in trying to deal for the No. 1 pick.
  • The Kings want a second first-round pick and are using Jimmer Fredette as bait.  Sources say Sacramento has reached out to several teams in the mid-to-late first round in an attempt to secure another pick and the Pacers and Jazz are potential destinations for the guard.  Kings coach Mike Malone is high on Tim Hardaway Jr. and Tony Snell, but the Kings feel that they can get them much lower in the draft.
  • In addition to the Pacers' Fredette discussions, sources say Indiana has made the No. 23 pick available in hopes that they can unload Gerald Green's contract.
  • The Nets are shopping MarShon Brooks and sources say they want a first-round pick in return.  If the T-Wolves give up the No. 26 pick, they'll probably have a deal on draft night.  Yesterday it was reported that the two sides have discussed Brooks.
  • The Wolves want to move higher up in the draft to select Victor Oladipo.  They're offering Derrick Williams, the No. 9 and the No. 26 pick to move up, but so far haven't found a taker.
  • The Rockets badly want to move Aaron Brooks or Carlos Delfino in conjunction with the draft before they have to just let them go in order to create as much cap space as possible for Dwight Howard.

Kyler’s Latest: Pierce, Nuggets, Rockets, Odom

According to Steve Kyler of HoopsWorld, Hawks sources say the team would be open to working out a sign-and-trade involving Josh Smith this summer if it meant getting something of value in return for the unrestricted free agent. It appears there are still a number of possibilities though for Smith, who could end up returning to the Hawks or signing outright with another suitor. Here's more from Kyler:

  • Since less than a third of Paul Pierce's $15.33MM salary for 2013/14 is guaranteed, the "basketball move" may involve trading him or buying him out, but Pierce's history with the Celtics complicates the team's decision, says Kyler.
  • Andre Iguodala seems likely to decline his player option for next year in favor of re-signing a long-term contract with the Nuggets that reduces his cap hit for '13/14.
  • There's also mutual interest between Corey Brewer and the Nuggets in a new deal for the veteran, though Denver's cap situation may make it tricky for the club to give him much of a raise.
  • Carlos Delfino and Chandler Parsons both have deals with the Rockets that aren't fully guaranteed, but are good bets to be back in Houston unless the team needs to move them to make room for a star.
  • Sources tell Kyler that the Clippers would like to re-sign Lamar Odom, albeit for a significantly lesser salary than he's making now. Considering Odom is unlikely to receive huge offers on the open market, a multiyear offer from the Clips could get it done, says Kyler.
  • Mike Dunleavy's future in Milwaukee may depend on how much the Bucks spend to retain their bigger-name free agent guards.
  • According to Kyler, league sources have "openly questioned" how much longer Robert Sarver intends to own the Suns, leading to speculation that after the Kings sale is finalized, the Suns could be the next NBA franchise on the market.

Western Rumors: Cousins, Brown, Iguodala, Fisher

A matchup of fourth-place teams, as the Mavs travel to take on the Suns, is the only Western Conference tilt on a two-game night in the NBA, but the action off the court is much juicier. We delivered the latest on the Pau Gasol saga earlier this morning, and now here's more from the West.

Southwest Notes: Rockets, Hornets, Mavericks

Here's a roundup of tonight's links from the Southwest division…

Rockets Sign Carlos Delfino

AUGUST 20TH, 1:32pm: The Rockets have officially signed Delfino, the team announced today in a press release.

AUGUST 15TH, 2:57pm: Delfino's deal with the Rockets is worth $3MM in year one, with a second-year option also worth $3MM, according to Jonathan Feigen of the Houston Chronicle (Twitter links). Since that amount exceeds the $2.575MM room exception, Houston is using leftover cap space to complete the deal.

The team has reportedly waived Josh Harrellson to clear a spot for Delfino, so the signing should become official any time now.

AUGUST 13TH, 7:29pm: The Rockets have agreed to a two-year deal with swingman Carlos Delfino that includes a team option for 2013-14, tweets Jonathan Feigen of the Houston Chronicle. It's unclear how much the contract is worth, but it's likely for more than the minimum salary, as last week's reports suggested. The Rockets have their $2.575MM room exception available, so the deal could be for all or most of that amount, but that's just my speculation.

Marc Stein of ESPN.com reported Thursday that the Rockets were "actively chasing" Delfino, who said he would sign with a team after the Olympics. The CelticsHawks, Pacers and Cavaliers were all reportedly in the running for Delfino at times this summer. The 6'6" Argentinian seemingly had his heart set on a multiyear deal, so the two-year pact with the Rockets offers a compromise of sorts, giving the team an out after this season.

Delfino, who spent the last three seasons with the Bucks, saw his role in the offense diminish last year after two straight seasons of double-figure scoring. His points per game went from 11.5 in 2010/11 to 9.0 in 2011/12, as his shots were cut from 10.5 a game to 8.4. Delfino played with an injured groin the last month of the season that required surgery in May, and was disappointed the Bucks didn't show more interest in re-signing him after he played hurt for them. The Bucks held his Bird rights, so they would have had no trouble bringing him back if they had interest. Milwaukee originally brought him aboard for three years and $10.5MM on a sign-and-trade from the Raptors in 2009.

The addition of Delfino gives the Rockets 21 players on the roster, Zach Lowe of SI.com notes via Twitter. That would seem to make them prime candidates to pull off a trade sometime between now and the start of the season.

Central Rumors: Bucks, Villanueva, Pacers

Carlos Delfino agreed to sign with the Rockets tonight, and it's no surprise he's leaving the Bucks, who never made a push to retain their incumbent starting small forward. His departure opens up minutes at the three for Luc Mbah a Moute and Mike Dunleavy and gives 2011 19th overall pick Tobias Harris a chance to crack the rotation, tweets Charles F. Gardner of the Milwaukee Journal Sentinel. We've got more on the Bucks and their Central Division rivals here:

  • John Hollinger of ESPN.com wonders if the Bucks will try to turn Delfino's deal with the Rockets into a sign-and-trade, which would create a trade exception for Milwaukee (Twitter link). The Bucks, who hold Houston's 2014 second-round pick, could entice the rebuilding Rockets by offering it back to them, while the Bucks could take back one of the 21 players Houston is slated to bring to training camp. There would have to be a third season tacked on to Delfino's two-year deal per sign-and-trade rules, but that wouldn't be hard for the Rockets to do if they made it a non-guaranteed year, Hollinger tweets.
  • The Pistons may look to move Charlie Villanueva or Austin Daye to free up roster space for Ben Wallace to return to the team, Vincent Goodwill of the Detroit News writes. The team could also use Villanueva as a trade chip next summer, when he'll be entering the final season of his five-year, $37.7MM deal, but the 6'11" power forward is determined to prove he's worth keeping around.
  • The Indianapolis Capitol Improvement Board and the Pacers are in the early stages of negotiations on a new deal to provide money for the day-to-day operations of Bankers Life Fieldhouse, but the board's approval of a new budget that doesn't specify any payment to the Pacers complicates the issue, as Jon Murray of the Indianapolis Star writes
  • Former Pacers guard Leandro Barbosa is still looking for a job, but Stephen Brotherston of HoopsWorld argues that he'll be a valuable addition where ever he winds up.
  • The Bulls aren't bringing back Brian Scalabrine next year, but the 11-year veteran refuses to end his unlikely NBA career, as Sam Smith of Bulls.com chronicles. He has an offer from a team in Europe, and the Celtics want him to do some TV work, but Scalabrine is holding out for one more chance to play in the NBA. 

Kyler’s Latest: Meeks, Lakers, CBA, Walker

In his latest NBA AM piece for HoopsWorld, Steve Kyler turns his attention away from yesterday's Olympic final in London and touches on a few NBA items of interest. Here are a few of the highlights from Kyler's piece:

  • Jodie Meeks' deal with the Lakers appears to be worth about $2.97MM over two years — $1.45MM in year one, with a team option for the second year worth 104.5% of that amount ($1,515,250).
  • Having signed Meeks, the Lakers are now expected to finalize Devin Ebanks' deal today, putting 14 contracts on their books. With just one roster spot left and having spent close to $100MM already, the team is likely finished with its summer moves, despite having been linked to Kenyon Martin and others, says Kyler.
  • Examining how the new CBA has affected free agent deals, Kyler notes that the NBA's "middle class" has been hit hard. He points to players like Meeks and C.J. Watson, who signed for less than expected, as well as players still on the market and struggling to find offers, such as Leandro Barbosa and Carlos Delfino. Kyler predicts Barbosa and Delfino may get their best offers from their former teams at reduced rates.
  • Antoine Walker, who has played in the D-League the last couple years, acknowledges that his playing career may be over, as he indicated back in April. However, he tells Kyler that he intends to remain close to the game, and hopes to find a role as a coach or analyst at some level.

Delfino To Sign With NBA Team After Olympics

Carlos Delfino is focused on helping Argentina beat the USA tomorrow in the Olympic semifinals, but tells Marc Stein of ESPN.com he'll sign with an NBA team after the Olympics. Stein adds that the Rockets are "actively chasing" Delfino, and says the Celtics would like him but can't afford him, as we heard earlier this week (Twitter links). 

The Cavs have also been linked to Delfino recently, but their interest may have cooled after signing C.J. Miles. Delfino has reportedly been seeking multiple years on a deal, and the notion that the Celtics can't afford him suggests he'll sign for more than the minimum salary, and likely more than the $1.957MM biannual exception as well.

Delfino averaged 9.0 points, 3.9 rebounds and 2.3 assists per game last season with the Bucks, with an 11.7 PER. He's said he was playing through an injury for part of the season, and expressed disappointment that the Bucks haven't pursued him with more vigor after he was willing to play hurt for them. The 6'6" swingman is putting up 15.3 PPG, 3.2 RPG and 1.5 APG in six Olympic games this summer.