Rockets decline team options on Troy Daniels, Chandler Parsons; Francisco Garcia opts out

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The Rockets’ offseason will be a series of small moves that may or may not culminate in Houston adding a third star to play with Dwight Howard and James Harden.

Opportunities to increase cap space and landmines that could destroy it are tied to so many players on Houston’s roster. Even how a few marginal Rockets are handled could make the difference.

Three of those moves, including the expected decline of Chandler Parsons’ option, have broken.

Jonathan Feigen of the Houston Chronicle:

The Rockets are showing a lot of trust in Parsons, and to a lesser degree, Daniels.

Parsons could nuke Houston’s cap space any time once free agency begins by signing an offer sheet with another team. The Rockets would likely match and keep Parsons, but his cap hit would immediately jump to his 2014-15 salary (likely around $10 million per year). Right now, he counts just $2,875,130 against the cap.

Daniels could accept his qualifying offer – a one-year contract worth $1,016,482 – at any time. Had Houston simply exercised his team option, he would have made just $816,482. Unless the Rockets are gung-ho about securing such a marginal player on a multi-year deal, they’ll likely pull his qualifying offer and maybe renounce him just before signing a quality free agent. In the meantime, the qualifying offer serves to cool other interested teams. In exchange for waiting to sign, I bet Daniels will get a larger salary – either through the room exception or non-bird exception.

Garcia is doing Houston a favor. He was slated to make a minimum salary, so his only risk in opting out is not getting a new contract. If he plays next year, his salary can be no lower than what he would have made by opting in. The Rockets, who could use his salary off the books while they pursue bigger fish, likely promised him a roster spot next season if he opts out. They can always go over the cap later to give him a minimum deal.

Essentially, Houston is placing some value in keeping Parsons and Daniels beyond next season. That might hinder the Rockets’ attempts to sign a star, but if they trust Parsons and Daniels, it won’t. It’s really in the players’ hands whether, and to what degree, this backfires.

With these moves, if the Rockets renounce Garcia and Jordan Hamilton, waive Omri Casspi, Robert Covington and Josh Powell (each on fully unguaranteed contracts) and take back no guaranteed salary in the Omer Asik trade, they’d fall $7,928,630 below the projected salary cap.

Pulling Daniels’ qualifying offer when the time comes would add

$509,146 in cap room. Houston could do the same with Parsons, though that’s riskier given the demand for his services, and get an extra $2,367,794 in cap room.

Really, the Rockets are inching away from maximizing their cap space, though Garcia at least helped the situation from flowing completely negative. Houston still has a lot of flexibility, though, and a Jeremy Lin trade could be the next shoe to drop. If that happens, maybe that means the Rockets are willing to lose Parsons and/or Daniels.

They’re on the clock to figure that out – essentially what it would take to land a star – before Parsons and Daniels are ready to get paid.

 

U.S. soldier shares pen pal letters from 2003 with Larry Nance Jr.

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Larry Nance Jr. is now a professional athlete for the Los Angeles Lakers, but back in 2003 Nance was just a 10-year-old kid with a dream of playing in the NBA.

During that time, Nance was apparently a pen pal with a U.S. soldier named Bianca Snow. Snow recently posted old letters from Nance to social media that shows the interaction between the two.

It’s pretty cool to see a moment in time like this.

Via Twitter:

The letters read as follows (transcription via SB Nation):

March 19, 2003

Dear U.S. Soldier,

My name is Larry Nance. I have 1 sister, 1 brother that annoy me all the time. My dad played in the NBA.

Thank you for fighting for us in the war. You must be brave and miss your family.

I hope you get home soon and see your family soon. Good luck.

Sincerely,

Larry Nance

Dear U.S. Soldier is the war almost over? Where is Saddam? How are you? I’m fine. Thank you for writing back. Where are you?

Are you good at basketball? I like the Lakers too they are wining there series with the Timberwolves. Who is your favorite player? Mine is Shaq. Who do you want to get LeBron James? I want the Cavs to get LeBron, that is because my dad played for the Cavs. His number is retired in the Gund Arena.

And again Thank you!!

from,

Larry Nance

Nance saw the post on social media and responded to Snow, inviting her to a future game.

Pretty neat stuff.

Check out the 100 best crossovers of last season (VIDEO)

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Do you have 22 minutes to watch the 100 best crossovers of last season? It’s Monday, of course you do. It’s either that or work.

Here they are, as compiled by the fine folks at NBA.com. Enjoy. And don’t be shocked that Damian Lillard, Stephen Curry, and Russell Westbrook have the top spots.

And if you must go into the comments and complain that technically not all of these are crossovers, go ahead, but it doesn’t change anything. It’s like saying there is only one way to make a proper matzo ball soup — there are a lot of variations (I like it with dill in the broth), and they all can be delicious. Just enjoy it.

Cavaliers name Koby Altman full-time general manager

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CLEVELAND (AP) The Cavaliers have named Koby Altman their full-time general manager.

Altman’s promotion had been expected for days and was made official on Monday. The 34-year-old has been serving as Cleveland’s interim GM this summer after David Griffin parted ways with the club following the NBA Finals.

Altman has been with the club since 2012. He will be the fifth GM for owner Dan Gilbert since 2005.

Gilbert said he’s been impressed with the job Altman has done over the past five weeks and said he “has the credentials, knowledge, experience and instincts to be an outstanding general manager. … I am confident that Koby is equipped and prepared to lead and succeed in this dynamic environment.”

Altman is taking charge during an interesting juncture for the Cavs. All-Star point guard Kyrie Irving recently asked to be traded and LeBron James is heading into his final season under contract.

More AP basketball: https://apnews.com/tag/NBAbasketball

Report: Derrick Rose commits to sign with Cleveland Cavaliers

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It looks like former NBA MVP Derrick Rose is heading to the Cleveland Cavaliers.

Rumors have been swirling all week about Rose, who could be a backup or big-minute replacement for Kyrie Irving, who reportedly wants to be traded away from LeBron James and the Cavaliers.

According to reports released on Monday from Yahoo! Sports and ESPN, Rose has committed to sign with the Cavaliers after completing a physical. Rose will be paid $2.1 million on a one-year contract.

Via Twitter:

The Cavaliers have had one of the weirder offseasons, and while adding Rose isn’t necessarily the strangest thing they have done, it could be a larger signal for the rest of the league with regard to what direction the team is going to go.

Rose played OK in New York last season, and would be well suited as a backup bench spark for a contending team if he found the right fit. The Cavaliers will likely try him out in lineups with Lebron, but how he fits in as of the end of July isn’t quite clear. Will he be a backup? Will he be the de facto starter if Irving is no longer on the team come opening night?

The 2017 NBA offseason has been endlessly interesting, and this move is another in a long series of twists and turns.