Report: Rockets to decline team option on Chandler Parsons in pursuit of bigger star


If they desire, the Rockets will keep Chandler Parsons next season. That was always the case.

It will just cost them a little more now – by their choice.

The Rockets hold a $964,750 team option on Parsons for next season. If they exercise it, he’ll become an unrestricted free agent in 2015. If they decline it, he’ll become a restricted free agent this summer – i.e., getting a raise sooner but one Houston can match.

Adrian Wojnarowski of Yahoo Sports:

The Houston Rockets plan to decline the fourth-year option on forward Chandler Parsons’ contract, freeing him to become a restricted free agent this summer, league sources told Yahoo Sports.

Houston is determined to clear the necessary salary cap space this summer to chase a third maximum contract free agent to join Dwight Howard and James Harden, league sources tell Yahoo Sports.

Houston plans to pursue the major stars who could be available upon opting out of deals, including Miami’s LeBron James and Chris Bosh, and New York’s Carmelo Anthony, league sources said. Dallas’ Dirk Nowitzki is expected to be a target too.

We already knew the Rockets were interested in Kevin Love, an attainable target. But why not also put LeBron, Bosh, Melo and Nowitzki on the radar? Who wouldn’t want one of those players?

However, if the Rockets were intent on maximizing cap room, they would have just picked up Parsons’ option to ensure he’d count against the cap at $964,750.

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By Houston declining it and then extending a qualifying offer, Parsons will count against the cap at $2,875,130* until he signs either a contract or offer sheet. Then, he’ll count against the cap at his 2014-15 salary, which will surely be much higher.

*He earned a higher qualifying offer by meeting the starter criteria. That puts his qualifying offer equal to the rookie-scale amount for the No. 21 pick in the 2010 draft (not 2011, as previously noted). Though Parsons was drafted in 2011, the 2010 draft is used because players drafted in the first round in 2010 are finishing their contracts this season.

So, it seems the Rockets are more interested in a sign-and-trade.

I’d think a player of Parsons’ quality making less than $1 million, even if on an expiring contract and due a big raise the following year, would have high trade value. But to add salary in a trade – LeBron, Bosh, Melo, Nowitzki or Love wouldn’t come cheap – the Rockets would have to send out a comparable amount of salary. In that sense, a higher-paid Parsons could be more helpful.

This decision might say something about the low trade value of Omer Asik and Jeremy Lin, who will each count $8,374,646 against the cap next season while owed $14,898,938 in real money. Though that cap number could facilitate a sign-and-trade, teams might balk about actually paying so much in actual dollars.

Hence, Parsons – a better player than Asik and Lin – could become the preferred sign-and-trade option.

Of course, Parsons would have to go along with a sign-and-trade. He’s clearly fond of Houston, and he might not accommodate a deal that sends him elsewhere.

[MORE: The curious case of Chandler Parsons]

That said, he should welcome making around $10 million rather than less than $1 million next season. Wherever Parsons plays in 2014-15, Houston is doing him a huge favor.

Personally, I would have exercised Parsons’ option and enjoyed the advantages of a good starter making so little money for an extra year. Then, once the contracts of Asik and Lin expire next summer, I would have tried to leverage Parsons’ tiny free agent amount into huge cap space and then gone over the cap to re-sign Parsons.

But Morey should know the Rockets’ current options better than I do. This could be the first step to something very big.

And if that backfires, Houston will at least safely lock up Parsons for several more years, though at a higher cost.

LeBron James throws touchdown pass like Cleveland fans hope Sam Darnold can

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Cleveland fans can only hope Sam Darnold is as good a passer as LeBron James.

And that his receivers are better than Jose Calderon. Or at least taller.

LeBron James grabbed a rebound and threw a perfect touchdown pass to a leaked out Jose Calderon as the Cavaliers went on to beat the Phoenix Suns Friday night.

🙌🏽 @kingjames 🎯 @jmcalderon8 🙌🏽

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By the way, LeBron made a nice dish to the returned Larry Nance Jr., too.


Report: Rockets to waive Brandan Wright

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Finally healthy, it was easy to see where big man Brandan Wright would fit on Mike D’Antoni’s Rockets — he’s an athletic big man who can get up and down the court, he knows how to finish lobs above the rim, and could provide some front line depth behind Clint Capela and Nene. That’s why the Rockets picked him up in February after he was bought out by the Grizzlies.

It didn’t work out that way. Wright played in one game with Houston before his sore knee forced him to shut it down. He has not played since.

The Rockets are moving on, waiving Wright and bringing in forward Le’Bryan Nash out of the G-League on a 10-day contract, reports Jonathan Feigen of the Houston Chronicle.

With center Brandan Wright unable to return from his knee issues this season, the Rockets will release Wright, who signed as a free agent last month, a person with knowledge of the move said…

He had a minor procedure and will work on his rehab with the Rockets staff, the individual familiar with the plans said.

 “Brandan did everything positive,” Rockets coach Mike D’Antoni said. “He just wasn’t physically able to hang in there. We hate it that the guy isn’t part of this.”

Wright has played in just 28 total this season averaging 5 points and 3.4 rebounds in 13.6 minutes. He’s battled knee issues for a few seasons now and has not played more than 28 games in the last three. If healthy he can help teams, but we’ll see if he ever gets back into the NBA.

The Rockets use Ryan Anderson as their backup center, using Nene less of late, although how much D’Antoni can use Anderson in the playoffs due to his defensive challenges remains to be seen.

Nash, who played a season at Oklahoma State, will get his first taste of the NBA. He was a highly recruited kid out of high school, and this season has averaged 8.5 points in 19 minutes per game for the Rio Grande Vipers this season.



Cavaliers get Nance Jr., Thompson, Hood back from injuries

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CLEVELAND (AP) — The Cavaliers are closer to being at full strength.

Forwards Larry Nance Jr., Tristan Thompson, and Rodney Hood all returned from injuries on Friday night as Cleveland, which has been riddled with injuries all season, hosted the Phoenix Suns. Acting coach Larry Drew said none of the players will start and all will be on minutes’ restrictions.

Drew, who is filling in while coach Tyronn Lue is on leave to address his own health, plans to keep his starting lineup intact and ease the returning players into the rotation.

LeBron James, Jose Calderon, George Hill, Jeff Green and Kevin Love were scheduled to started against Phoenix, which has lost nine in a row. Drew said he and Lue will talk again Saturday about lineup changes for the upcoming trip to Brooklyn, Miami and Charlotte.

“I really didn’t want to disrupt the starting five that we have out there right now and those guys will be playing limited minutes, so I wanted to get them slowly back and acclimated to what we’re doing,” Drew said. “There’s a chance that there could be some early substitutions to get the guys in there. I’m not ruling that out, but right now I just kind of want to stay with the flow, stay with what we’ve done the last couple of ballgames and then we’ll probably after tonight we’ll see as far as where we stand as far as starters are concerned.”

Thompson missed nine games with a sprained right ankle, Nance Jr. was out four with a hamstring issue and Hood was out the past three games with a bad back.

Drew said he did not know if Lue will accompany the team on its trip.

But while the Cavs are healthier than they’ve been in weeks, the team is still missing Kyle Korver, who is with his family in Iowa following the death of his brother, and rookie Cedi Osman, who is sidelined with a left hip flexor strain.

Giannis Antetokounmpo out for Bucks-Bulls with ankle injury

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MILWAUKEE (AP) — All-Star forward Giannis Antetokounmpo will miss the Milwaukee Bucks’ home game Friday night against the Chicago Bulls with a sprained right ankle.

The Bucks ruled out Antetokounmpo earlier Friday.

Antetokounmpo got hurt in the second quarter of a 127-120 loss on Wednesday to the Los Angeles Clippers when he appeared to trip over teammate Shabazz Muhammad under the Bucks’ basket.

Antetokounmpo is fourth in the league in scoring at 27.3 points a game.