Phoenix Suns v Houston Rockets

Daryl Morey undecided on Chandler Parsons’ option

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The Houston Rockets are going to take a risk with Chandler Parsons, but which one?

Parsons is under contract for $964,750 next season with a team option.

If the Rockets pick up the option, they’d get Parsons for that ultra-cheap salary next year. However, he’d become an unrestricted free agent in 2015, and Houston would face a greater risk of losing him for nothing.

If the Rockets decline the option, Parsons would become a restricted free agent this summer. The Gilbert Arenas applies only to players with one or two years experience, so Parsons doesn’t qualify. But because the Rockets has Parsons’ full bird rights, they could match any offer he receives. Plus, Parsons’ restricted status would likely cool the market for him, because other teams would know Houston could match any offer.

Rockets general manager Daryl Morey, in a Q&A with Jonathan Feigen of Ultimate Rockets:

Q: How do you make a decision on picking up the option on Chandler Parsons’ contract when you don’t know what will happen in free agency two weeks after your deadline to make a decision?

A:”We won’t know everything we need to know when we have to make a decision on Chandler’s (contract) option. We have to make the best decision at the time we have to make it (June 29).”

Morey’s decision very well could hinge on Omer Asik and Jeremy Lin.

Free agents continue to count against a team’s cap until renounced or signed. How much a free agent counts against the cap – called a free agent amount – depends on multiple factors, but whenever Parsons becomes a free agent, he offers a big opportunity for his team.

This summer, his free agent amount would be $1,760,350. Next season, it would be $1,833,025. Either way, that’s extremely low for a player of Parsons’ caliber.

Houston could let Parsons sit on their books at his free agent amount, use all their other cap room and then re-sign Parsons to his larger salary ($9 million per year or so).

But the Rockets aren’t slated to have cap room this summer, so Parsons’ extraordinarily low free agent amount wouldn’t really help now. They’d still just have the mid-level, bi-annual and minimum-salary exceptions to sign free agents.

However, the Rockets are expected to have cap room in 2015, when the contracts of Asik and Lin expire ($8,374,646 each). Then, Houston could use the aforementioned trick to get most from its space before re-signing Parsons, assuming Parsons agrees to wait.

This all changes, though, if Asik and Lin are traded sooner. Either they could be traded for less salary (giving Houston cap room this summer) or a long-term contract (eliminating Houston’s cap room next summer).

Unless he’s already traded them by Parson’s option date, Morey has to weigh the likelihood of trading them later among many other factors. The decisions on Parsons is definitely complicated.

With the information I have available, I’d exercise Parsons’ option, and the call isn’t that close.

Asik and Lin hold actual 2014-15 salaries of $14,898,938 (even though their cap amounts are lower), so trading them won’t be easy. The Rockets definitely think Asik is undervalued, and they might be right. But if nobody else knows it, it doesn’t matter as far as trades. They face similar difficulties with trading Lin.

Plus, at a cheap salary, Parsons is a tremendous trade asset himself. If he becomes a restricted free agent, not only would his higher salary make him less desirable, he’d have the right to approve any trades for a year if Houston matches an offer sheet to keep him.

Unless an Asik-Lin trade emerges before the end of June, the Rockets should exercise their option on Parsons and reap the rewards of their good drafting and smart signing for one more year.

DeMarcus Cousins projects to miss out on at least $29.87 million due to trade

NEW ORLEANS, LA - FEBRUARY 17:  DeMarcus Cousins #15 of the Sacramento Kings speaks with the media during media availability for the 2017 NBA All-Star Game at The Ritz-Carlton New Orleans on February 17, 2017 in New Orleans, Louisiana.  (Photo by Ronald Martinez/Getty Images)
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DeMarcus Cousins was all smiles the moment he appeared to find out about his trade, or at least trade rumors of going, from the Kings to the Pelicans.

But once he examines the deal closer, he might not like every aspect.

Cousins stands to miss out on a lot of money — about $30 million or more — due to this trade.

Because he made All-NBA teams the last two seasons, he was eligible to sign a designated-veteran-player contract extension this summer. As a matter of fact, he reportedly planned to do just that with Sacramento reportedly planning to offer it. That extension projected to be worth $209,090,000 over five years ($41,818,000 annually).

But, once officially dealt, Cousins will no longer be eligible for that super-max extension. It’s reserved for players still with their original team or who changed teams only via trade during their first four years.

This is Cousins’ seventh season, dropping his max starting salary in 2018 from 35% of the salary cap as a designated veteran player to 30%. That projects to be $179,220,000 over five years ($35,844,000 annually) if he re-signs.

It’d be even less if he leaves New Orleans, a projected $132,870,000 over four years ($33,217,500 annually).

Notice how small that difference is now between his incumbent team and other suitors. By rule, the Pelicans won’t hold nearly the same advantage in keeping him as the Kings would have. In other words, New Orleans faces greater risk of Cousins walking.

And there’s no guarantee Cousins gets the max. You saw how little the Pelicans traded for him. That speaks to his value around the league.

Just over a month ago, Cousins appeared content to take $209 million or so and stay in Sacramento. Now, his financial future is far more uncertain. But this much we know: His max possible salary on his next contract just got lowered.

Is this the moment DeMarcus Cousins found out he was traded? (video)

NEW ORLEANS, LA - FEBRUARY 18:  DeMarcus Cousins #15 of the Sacramento Kings attends practice for the 2017 NBA All-Star Game at the Mercedes-Benz Superdome on February 18, 2017 in New Orleans, Louisiana.  (Photo by Ronald Martinez/Getty Images)
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NEW ORLEANS — DeMarcus Cousins was set to answer questions after the All-Star game, when a Kings public-relations official said, “All-Star questions first, please. All-Star-game questions.”

“What other questions we got?” Cousins asked, seemingly unaware of his trade to the Pelicans.

The PR person whispered in Cousins’ ear.

“Oh, really?” Cousins asked.

More whispering.

“It’s whatever,” Cousins said.

Then, asked about his All-Star experience, Cousins smiled big and said, “It was amazing, man. I enjoyed the city of New Orleans. I love it here in New Orleans.”

West bench goes wild over Kevin Durant-Russell Westbrook alley-oop (video)

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NEW ORLEANS — Kevin Durant and Russell Westbrook connected on a fantastic alley-oop in tonight’s All-Star game, but the reaction of the Western Conference bench was even better.

Both Durant and Westbrook downplayed the play after the game, but not everyone agreed.

 

“Defining moment in history right there,” All-Star MVP Anthony Davis said.

 

Report: Kings agree to trade DeMarcus Cousins to Pelicans for Buddy Hield, several picks

NEW ORLEANS, LA - FEBRUARY 17: Anthony Davis of the New Orleans Pelicans talks to DeMarcus Cousins of the Sacramento Kings during the NBA All-Star Celebrity Game at the Mercedes-Benz Superdome on February 17, 2017 in New Orleans, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Jonathan Bachman/Getty Images)
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NEW ORLEANS — There has been a faction within the Kings organization that wanted to move DeMarcus Cousins for a while, even though they wouldn’t get equal value back, even though it would mean extending their decade-long playoff drought and rebuilding all over again. Despite Cousins’ unquestioned talent on the court, some in the franchise questioned if they could build a consistent, quality team with him as the cornerstone and pointed to the win total in recent years as their example.

For years, Sacramento owner Vivek Ranadive stood in the way of that — he was Cousins’ biggest supporter in the organization.

However, that changed recently according to a source near the Kings, and once it did things moved quickly for Cousins to be traded to the Pelicans in a blockbuster move that few in the league saw coming this quickly or at this low a price. Adrain Wojnarowski of The Vertical at Yahoo Sports broke the trade, while Marc Stein of ESPN followed up with details.

This is a big win for Pelicans’ GM Dell Demps, who has been on the hot seat for his inability to put a good team around his All-NBA star in Davis. It’s a move that comes with risks, but risks the Pelicans needed to take. How well Davis and Cousins can play together remains to be seen, and the team still desperately could use more shooting. The biggest challenge will be re-signing Cousins, who has one year left on his deal after this one (and now cannot be signed to a designated player supermax deal the Kings allegedly were going to offer). Look at what Cousins’ agent said.

Kings GM Vlade Divac was known to be a big Buddy Hield fan heading into the last draft (the Pelicans took him a few spots ahead of the Kings’ pick). Why he still seems to be this high on him is a mystery. If these picks are 2017 ones, as reported, that helps a little as this is considered a deep draft. However, it’s still not anywhere close to equal value and the Kings will take a massive a step back — and they weren’t far forward already. The Kings’ front office reportedly presented Ranadive with the two best choices, and he went with this one. The trade is the first step in a long rebuild for a Sacramento fan base that is understandably hurt. 

The next question for Ranadive is if Divac is the guy to lead that rebuild?

Cousins himself played only two minutes in the All-Star Game Sunday, a sign something was up. Davis, who was the All-Star Game MVP scoring a record 52 points, was asked about Cousins before the trade was announced.

“He’s a great player, dominant in this league, of course, with all the numbers he put up. But I haven’t heard anything,” Davis said.

Cousins also said knew nothing about the deal when he spoke to the media, and added he was just frustrated that once again he was at the All-Star Game and the focus was on trade talk surrounding him.

“Give me a break. I just need one All-Star where it’s just All-Star questions man,” an exasperated Cousins said. “This is my third one and it’s always been something… It’s disappointing I’m spending another All-Star talking about the Kings rather than my All-Star experience.”

As for if he wanted to play in New Orleans (that rumor had been flying around the Smoothie King Center all night), Cousins simply said, “if it happens it happens” and that he was happy in Sacramento.

Cousins said he hadn’t heard from Divac or anyone, and West coach Steve Kerr said that he only played Cousins two minutes in the All-Star Game at Cousins’ request because he is banged up and wanted to rest. Nobody is buying any of this, but that’s what they said.