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

83 Comments

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.

[MORE: PBT Podcast — Finals preview, Heat vs. Spurs]

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.

After Thunder win, Russell Westbrook trolls Joel Embiid, waves goodbye, tells him to “go home”

Associated Press
Leave a comment

Joel Embiid was making friends all over the court on Friday night.

First, he got into a jawing match with Carmelo Anthony. Also during the first overtime, Embiid blocked Russell Westbrook‘s driving attempt at a game winner.

After the Thunder, Westbrook trolled Embiid by waving goodbye to the Sixers’ center, who was yelling back at him.

When asked about it, Westbrook said Embiid was talking a lot so he told the Sixers center to go home.

That can have some serious connotations — Embiid was born in Cameroon. Westbrook may have meant “go to the locker room” or “go to where you live,” but considering Embiid is an immigrant it comes off very poorly for Westbrook.

Embiid threw a little fire back at Westbrook.

The league office is going to be looking into this one.

DeMarcus Cousins doesn’t expect Pelicans to trade him at the deadline

Getty Images
1 Comment

The New Orleans Pelicans have a decision to make as they approach the trade deadline: Do they think they can re-sign DeMarcus Cousins next summer to stay in the Big Easy with Anthony Davis?

If the answer is no, then they have to consider trading Cousins at the deadline to at least get something back. There is a lot of context, however, that makes this seeming binary trade/keep decision far more complicated.

Cousins himself doesn’t think he is going anywhere, as he told Marc Spears of ESPN’s The Undefeated.

While the Pelicans have a lot to consider with the unrestricted free agent, Cousins says he is confident that he will still be playing for New Orleans after the Feb. 8 trade deadline.

“I am confident in my team,” Cousins said. “I am starting to understand this business a lot more than I did before. You can kind of tell when things are about to come about. We’re a very competitive team. A talented team. I don’t think that will be the case at all….

“A.D. hits me with little jabs about free agency all the time, but he also understands,” Cousins said. “It was Jrue in that situation last [offseason], and we understood his situation. Of course, they throw their little jabs. They throw their little jokes. But they are serious at the same time. They are respectful about it at the same time.

The Pelicans are 15-14 and the seven seed in the West entering Friday night’s games, and if New Orleans has a shot at the playoffs come the deadline there is no way he gets moved. Ownership and management want a playoff appearance. They have greenlit adding one of the game’s top centers (Cousins) to go next to Davis, and last summer they paid big to keep Jrue Holiday at the point in New Orleans. If the Pelicans don’t make the playoffs (and possibly even if they do squeak in and get swept out in an ugly fashion), everyone in the organization expects a housecleaning. They have been on edge all season. With jobs on the line, they are not trading Cousins and getting worse short term even if you could argue it was the right basketball move long term.

Will Cousins re-sign with the Pelicans next summer? That will be about the money — what the Pelicans offer, and what other teams will offer in what is expected to be a tight free agent market, especially for centers.  DeAndre Jordan will be on the market as well, not to mention second-tier guys who will be more affordable for teams such as Brook Lopez. In that market, Cousins may want to stay where he likes his teammates and seems happy.

But first he has to get past the trade deadline.

Joel Embiid scores over Carmelo Anthony, then they exchange words (VIDEO)

Associated Press
6 Comments

Joel Embiid gives zero… well, you know where I’m going with that.

Embiid trolls the world and backs down from no man, and that includes Carmelo Anthony. Late in the fourth quarter of the barn burner between the Thunder and 76ers Friday night, Embiid backed ‘Melo down and scored over him, then did a little jawing — which Anthony didn’t appreciate.

I love that Embiid egged on the Sixers crowd after this. He knows his audience. After the game he said this.

Embiid talks a lot — A LOT — but he is backing it up.

For example, in the first overtime Russell Westbrook thought he made a drive that was going to win the game, and Embiid rejected him.

If you did not watch this game, go find a replay. This is the new best game of the season.

Rudy Gobert leaves game vs. Celtics with likely knee sprain. Again.

Getty Images
Leave a comment

Rudy Gobert missed 11 games this season due to a bone bruise in his knee. While the Jazz defense suffered as should have been expected with their anchor gone, their offense found a groove without him — and with more Donovan Mitchell and Derrick Favors — resulting in Utah going 7-4 with their star center out.

Now the Jazz will be without him again for a while — he seems to have sprained his left knee just minutes into Friday night’s game against the Celtics when Favors fell back into him. That is the same knee he injured before. Gobert was forced to leave and will not return to the game.

If that diagnosis holds, it will be weeks again the Jazz will be without Gobert.

The Jazz know how to play without Gobert. Favors moves to center and while he’s not near the same defender his offensive skills got them buckets and opened up the floor. The rookie Mitchell, as well as Ricky Rubio at points, took advantage of it to give the Jazz a top-10 offense with Gobert out. They need to find that groove again.

Still, Utah needs Gobert back and himself to really reach the heights they are capable of.