Daryl Morey undecided on Chandler Parsons’ option

27 Comments

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.

Report: Knicks sign Nigel Hayes to partially guaranteed deal

Stacy Revere/Getty Images
Leave a comment

Nigel Hayes became a cult hero at Wisconsin for bringing a “BROKE COLLEGE ATHLETE ANYTHING HELPS” sign to GameDay and soliciting Venmo donations, challenging the stenographer in a press conference and “accidentally” calling a stenographer beautiful in front of a hot mic.

After going undrafted, Hayes and his colorful personality are headed to New York, where Knicks fans are starving for fun.

Adrian Wojnarowski of ESPN:

Could Hayes stick into the regular season? The Knicks have just 14 players with guaranteed salaries, leaving one more spot for a player on an standard contract. Chasson Randle has an unguaranteed salary that becomes partially guaranteed around the time training camp opens. The Knicks could also sign other players, though they’re down to just minimum exceptions.

Hayes – a 6-foot-8 forward – has a chance, but he’s most likely ticketed to New York’s minor-league affiliate after being waived by the parent club.

Who is betting favorite to win Rookie of the Year? Lonzo Ball? Ben Simmons? Depends.

Getty Images
2 Comments

The Rookie of the Year race is wide open heading into next season.

It’s that way every year — if you had predicted Malcolm Brogdon was going to win a year ago, you would have been laughed out of the building — but this coming season has a lot of talent at the top of the board who could win. Lonzo Ball, Ben Simmons, Markelle Fultz, Jayson Tatum all have a real shot — and that’s just the tip of the iceberg.

Who is the better favorite? Depends on where you do your betting.

The William Hill’s Nevada sportsbook (which works with a number of Las Vegas casinos, such as the SLS), has this (hat tip ESPN):

Lonzo Ball 9-5
Ben Simmons 5-2
Dennis Smith Jr. 4-1
Markelle Fultz 13-2
De'Aaron Fox 8-1
Jayson Tatum 8-1

The Westgate SuperBook in Las Vegas has Simmons as the betting line favorite at 9-4

The online betting site Bovda.lv has this line

Lonzo Ball 9-4
Dennis Smith 3-1
Ben Simmons 5-1
Jayson Tatum 5-1
Markelle Fultz 8-1

Traditionally, Rookie of the Year goes to a guy who has the ball in his hands, is aggressive, and puts up raw numbers. It celebrates scorers.

This year a whole lot of guys can fit that bill, more than are mentioned here. It’s going to be a wild ride.

Check out the first NBA 2K18 trailer (VIDEO)

Leave a comment

The NBA season is coming… and that means NBA 2K18 also coming.

To whet the appetite of you gamers out there, check out the first trailer for the upcoming game, with music by Mobb Deep.

You can pre-order the game now.

Aging Pelicans’ owner couldn’t remember Anthony Davis’ name in deposition

Getty Images
2 Comments

Tom Benson, the now 90-year-old owner of the New Orleans Pelicans and the NFL’s Saints, a few years back changed around the succession of control of the team after his passing — his wife Gayle will take control. Rita Benson LeBlanc, Benson’s granddaughter and former handpicked successor, sued saying Benson had been manipulated. After meeting privately with Benson, a judge ruled that while Benson suffered some “cognitive impairment” he was capable of making his own decisions and that Gayle remained the successor.

Benson has been sued multiple times since then, including by former Saints employee Rodney Henry, and the then-89-year-old Benson was deposed in that case last year.

Someone broke the gag order and sent a copy of the deposition to The Advocate of New Orleans, and it shows that Benson’s mental acuity is fading. He couldn’t remember who Anthony Davis was by name.

During another set of questions, apparently aimed at establishing how close Benson and Henry had been, Benson was shown a photo of the two men with Pelicans star Anthony Davis.

“Who is this?” Williams asked.

“It’s Rodney and a basketball player,” Benson said. “Oh, hell, I forget his name. Let me — he’s a great player for us. Tell me his name, and I will tell you yes or no.”

When asked “is it Anthony Davis,” Benson said yes. The man is 90, I’m not sure that we should expect much. He had the foresight to bring in people to run his businesses — including his sports teams — and set up a line of succession for when he does pass. Smart moves.

Would Benson’s mental state impact potential changes coming to the Pelicans? Probably not. New Orleans’ GM Dell Demps bet big on going big in a league trending smaller, pairing Davis and DeMarcus Cousins. If that doesn’t work out, plenty of people around the league expect a house cleaning on the basketball side with the Pelicans. Benson’s mental state, whatever it may be, does not impact that.

The deposition leak came from an anonymous source (and anonymous email account, the paper verified the document before publishing). Who leaked it? It may be nearly impossible to find out, but only one side benefits from all this becoming public. And it’s not Benson.