Oklahoma City Thunder v Houston Rockets

Mavericks give Rockets Chandler Parsons offer sheet

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Update: I guess the Mavericks didn’t need until midnight.

Sam Amick of USA Today:

If Parsons’ contract is accurately reported and my math is correct, this means the Dirk Nowitzki signing is official.

 

Chandler Parsons and Mark Cuban might have celebrated prematurely last night.

Though Parsons and the Mavericks have reportedly agreed on terms to an offer sheet, they haven’t yet officially submitted it.

Parsons has probably signed it. There’s even video of him doing so in the club:

But Dallas hasn’t yet submitted it and started the Rockets’ 72-hour clock.

Dwain Price of the Fort Worth Star-Telegram:

Why the delay?

Daryl Morey is already pressed for time. He must salvage the Omer Asik trade, finalize the Jeremy Lin trade – all to convince Chris Bosh to accept less than a max offer.

By holding off, the Mavericks are essentially doing Houston a favor. Why would they do that?

I see two non-mutually exclusive possibilities.

1. A sign-and-trade is on the table.

Mavericks general manager Donnie Nelson acknowledges that’s a possibility:

The Mavericks obviously value Parsons a lot. They’re willing to pay him all that money. But do they value him enough to also relinquish an asset to ensure they get him? At some point, Parsons’ production doesn’t warrant the cost.

From the Rockets’ perspective, taking back anything more than small contracts could interfere with their pursuit of Bosh. Maybe they can snag draft picks from Dallas, but see the previous paragraph.

I can’t rule out a sign-and-trade, but there are major roadblocks.

Once Parsons signs an offer sheet, a sign-and-trade is no longer possible. It behooves Morey to prolong sign-and-trades negotiations, giving himself more time to handle everything else on his plate.

2. The Mavericks can’t yet offer Parsons his promised money.

How much is Parsons guaranteed over his three-year contract? I’ve seen slightly different numbers.

Marc Stein of ESPN called it “in excess of $45 million.” Adrian Wojnarowski of Yahoo Sports said “$46 million.”

We’re in the range of Parsons’ max contract, which would be $46,228,710. I’m sure rounding factors in these reports, but I have yet to see someone credibly call Parsons’ offer a “max offer.”

Anyway, prior to agreeing to terms with Parsons, Dallas reached a three-year, $30 million deal with Dirk Nowitzki and agreed to re-sign Devin Harris. Most reports list Harris’ contract as worth $9 million over three years. Price has it $12 million over three years. For now, I’ll go with $9 million.

If Nowitzki’s and Harris’ contracts are fully back-loaded, the Mavericks could offer Parsons $44,413,545. If they take the relatively painless step of renouncing Petteri Koponen – the No. 30 pick in the 2007 draft who has yet to play in the NBA – they could increase their Parsons offer to $45,680,286.

That’s right in the range of what has been reported.

However, that requires Nowitzki to sign his contract first. Signing him with bird rights is the only way he can get 7.5 percent, rather than 4.5, raises. If the Mavericks renounce Nowitzki to sign Parsons first, even with renouncing Koponen, they could offer Parsons only $44,805,401 while preserving enough room to give Nowitzki his promised $30 million.

In other words, the Mavericks must wait to finalize Nowitzki’s contract before submitting Parsons’ offer sheet. In the real world, that could take time. Nelson confirms Nowitzki has yet to sign:

And if Harris’ promised contract is actually $12 million, forget about it. Drop Parsons’ three-year salary to $42,545,286. That would mean either the reports on Parsons’ salary are really off, or the Mavericks must make other moves. I figure they’d have those contingencies arranged before offering Parsons, but they also might be giving themselves an extra day to seek better trades for their expendable players (Raymond Felton, Brandan Wright,Jae Crowder,Ricky Ledo

and Gal Mekel) than would already be in place.

If Harris is getting only $9 million, though, that aspect isn’t a worry. Officially signing Nowitzki first matters, though.

So, once the Mavericks get all their ducks in a row, then what?

Jonathan Feigen of the Houston Chronicle:

 

The Rockets must figure out how everything comes together. Tonight, Dallas will likely put them on the clock to do so.

Lakers’ D’Angelo Russell slips, mildly sprains knee ligament. MRI Saturday.

Indiana Pacers forward Thaddeus Young, right, takes the ball away as Los Angeles Lakers guard D'Angelo Russell, center, falls to the floor with an injury during the first half of an NBA basketball game in Los Angeles, Friday, Jan. 20, 2017. (AP Photo/Alex Gallardo)
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LOS ANGELES (AP) — Lakers guard D'Angelo Russell mildly sprained a ligament in his right knee in the opening minutes of Los Angeles’ game against the Indiana Pacers on Friday night.

Russell was re-evaluated at halftime and did not return to the game.

Russell was hurt while going around a screen set by teammate Julius Randle on Los Angeles’ second possession. The point guard’s left leg alarmingly stretched backward when he lost his footing, and he stayed down on the court for several moments.

He eventually walked on his own to the locker room, where the sprain was diagnosed.

Russell is averaging 14.8 points, 4.5 assists and 3.8 rebounds during the second NBA season for the No. 2 overall pick in the 2015 draft.

Dwyane Wade apologizes to Bulls fans after ugly Chicago loss

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Even for an up-and-down Bulls team that has seen some sloppy losses, Friday night’s was ugly. The Atlanta Hawks went on a 36-11 run between the end of the first quarter and the start of the second, they led by as many as 34, and cruised in for the 103-92 win. The game wasn’t that close, the Hawks thoroughly outplayed the Bulls, and after the game ended coach Fred Hoiberg said he and his staff need to reexamine everything.

Dwyane Wade went another direction, apologizing to fans.

Wade was 2-of-10 shooting on the night.

Despite the loss, the Bulls remain tied with the Bucks for the final playoff slot in the East, a race that will likely include Detroit and New York (and maybe Charlotte) and go down to the final days of the season. The Bulls (21-23) can’t have many more games like Friday.

Warriors get 6th straight win, 125-108 over Rockets

Golden State Warriors guard Stephen Curry reacts after making a 3-point basket late in the second half of the team's NBA basketball game against the Houston Rockets, Friday, Jan. 20, 2017, in Houston. Golden State won 125-108. (AP Photo/Eric Christian Smith)
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HOUSTON (AP) — Kevin Durant scored 32 points and the Golden State Warriors used a big third quarter to build a huge lead and coast to their sixth straight victory, 125-108 over the Houston Rockets on Friday night.

In a matchup of two of the best teams in the Western Conference and All-Star starting guards Stephen Curry and James Harden, the Rockets fell short. Houston, which entered the game leading the NBA with 667 3-pointers, was just 7 of 35 behind the arc. Harden went 0 for 5 and Eric Gordon, who entered the game leading the NBA with 160 3s, missed all seven attempts.

Clint Capela had 22 points and Harden added 17 points with 11 assists for the Rockets, who are third in the West behind Golden State and San Antonio.

The Warriors were up by five at halftime and used a 12-4 run to open the second half and stretch their lead to 74-61 with about nine minutes left in the quarter. Golden State got six points from Durant in that span, including a dunk and a nifty reverse layup.

Houston got four points from Capela after that before Golden State used a 10-2 run, with 3s from Draymond Green and Curry, to make it 84-67 midway through the period.

Golden State pushed the lead to 99-79 entering the fourth quarter.

Houston won the first game against Golden State this season in two overtimes to snap an eight-game, regular-season losing streak to the Warriors. But it was clear the Rockets wouldn’t make it two in a row after they scored just 22 points and went 0 for 10 on 3-pointers in the third quarter.

Houston scored the first five points of the fourth quarter to cut the deficit to 99-84. But Golden State used a 9-4 run after that to extend its lead to 20 points by the midpoint of the quarter, and many fans started heading for the exits.

Curry finished with 24 points and made five 3-pointers, including one with about 3 1/2 minutes remaining that left the Warriors up 117-93. Both teams cleared their benches after that.

The Warriors led 62-57 at halftime.

TIP-INS

Warriors: Golden State made 15 of 38 3-pointers. … Klay Thompson added 16 points. … Green had 15 points, eight rebounds and seven assists.

Rockets: Ryan Anderson had one rebound in nine minutes in his return after missing two games with the flu. … Capela played 21 minutes off the bench in his third game back after missing a month with a fracture on his left fibula. … Sam Dekker had 17 points for his 11th double-digit game this season. …

CHEERING ON THE HOME TEAM

Houston Texans star J.J. Watt cheered the Rockets on from a courtside seat. He received a huge ovation when he was shown on the Jumbotron during a timeout in the second quarter. Watt, who won NFL Defensive Player of the Year last season, played just three games this season before having season-ending back surgery.

 

Penny Hardaway inducted into Magic Hall of Fame (VIDEO)

NEW ORLEANS, LA - FEBRUARY 15:  Penny Hardaway attends the Sears Shooting Stars Competition 2014 as part of the 2014 NBA All-Star Weekend at the Smoothie King Center on February 15, 2014 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 Ronald Martinez/Getty Images)
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ORLANDO, Fla. (AP) — The Orlando Magic have inducted Penny Hardaway into the franchise’s Hall of Fame.

Hardaway, a game-changing point guard at 6-foot-7, becomes just the fifth player in franchise history to be inducted into the team’s Hall of Fame. He was enshrined during a pregame ceremony Friday and will be honored during a special halftime presentation during Orlando’s game against the Milwaukee Bucks at Amway Center.

Acquired by the Magic during the 1993 NBA Draft, Hardaway spent six seasons in Orlando where he averaged 19 points, 6.3 assists, 4.7 rebounds and 1.95 steals per game. Hardaway and center Shaquille O’Neal guided the Magic to the NBA Finals in 1995 where they lost to the Houston Rockets.

Hardaway remains third on the team’s all-time steals list (718) and fourth in assists (2,343).