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

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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.

Kevin Love tries to ignore trade rumors, “let the chips fall where they may”

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Cleveland Cavaliers GM said he has no interest in trading Kevin Love.

You can count the number of people around the league who believe him on one hand. There’s a good chance Love is still on the Cavaliers at the end of this season, but that’s more about him being in the first year of a four-year, $120 million contract extension than it is Cleveland’s willingness to trade him (or interest from other teams, if money was not an issue). The Cavaliers are rebuilding, and if they can get young players and picks for Love, they have to consider it.

With Portland off to a slow start, and Love growing up in the Pacific Northwest, that rumor has floated around. There are others. Love is just trying to ignore them and play ball, he told Arash Markazi of the Los Angeles Times.

“I know there’s talk about me possibly being the missing piece somewhere,” Love said. “There’s been constant chatter since I signed that I could be traded. It’s one of those things where I’m going to keep doing right by the team, by Cleveland and by the organization. If my number is called, so be it, but I’m going to stay true to my commitment and let the chips fall where they may.”

Love, who has been open in recent years about his struggles with anxiety and mental health, said dealing with the trade rumors that constantly swirl around him can be a challenge on that front.

“A big aspect of mental health is just staying in the present but it’s so hard,” he said. “You have to try to not get too far ahead of yourself or get worked up. You can get that anxious feeling or fear for the future, but you have to try to stay focused on getting better and let things work out the way they should.”

Kevin Love has played well to start the season, averaging 18.3 points and 11.3 rebounds a game, shooting a respectable 34.7 percent from three. He could help a lot of teams, particularly ones in the West who want to be in the mix for a ring but who look at the Lakers and Clippers and think, “we have to get better fast.”

The rumors around Love are just going to get louder the closer and closer we get to the trade deadline. Love will have to do a lot of work to tune all that out.

 

Bulls big man Luke Kornet out following surgery on sinus obstruction

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Just before last Christmas, Luke Kornet broke his nose. Apparently, that never healed quite right.

Kornet underwent surgery to repair a sinus obstruction on Monday, the Chicago Bulls announced. There is no timetable for his return, although coach Jim Boylen suggested it could be less than two weeks.

Bulls coach Jim Boylen added this at practice, via NBC Sports Chicago.

“Kornet had sinus surgery this morning. He had blockage and some issues from a previous fracture from when he was in New York. We just felt it was time to go in there and clean that thing out. That happened this morning at 6 AM. He’s out. Surgery went well. We’ll have more to report as we go. Originally, it was a seven-ten-day thing where he’d be back. I think it’s one of those things they don’t know until they get in there how extreme it is. But he had blockage and it needed to be done.”

This does not impact the Bulls much on the court as Kornet has fallen out of the rotation in recent games (in part because of the sinus condition, in part because he just hasn’t played well). Kornet signed a two-year, $4.5 million contract with the Bulls over the summer.

D’Angelo Russell says weather played ‘major part’ in picking Warriors over Timberwolves

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D'Angelo Russell wants to play with Karl-Anthony Towns. Towns’ Timberwolves were reportedly interested in Russell last summer.

Why did Russell join the Warriors instead of Minnesota?

Russell, via Chris Hine of the Minneapolis StarTribune:

“I thought the opportunity here was amazing … ” Russell said after Warriors shootaround Friday. “It was definitely something I was considering very strongly. But then when this opportunity came, the weather is way better, so that helped me.”

“I did my first winter in New York and that was tough,” Russell said. “So to get the opportunity to go somewhere where it’s warm again, I think that played a major part in my plan.”

I don’t blame him one bit.

Russell grew up in Kentucky then finished high school in Florida. He spent his first couple NBA seasons with the Lakers.

He also played collegiately at Ohio State and a a couple years for the Nets. In other words, he spent enough time in cold-weather locations to know how miserable they can be.

This is an issue that will always hinder teams like the Timberwolves. It doesn’t mean they can’t attract free agents. It’s just a disadvantage.

There will always be players who don’t have multiple max offers. Minnesota can separate itself with money, playing time and other considerations.

But good for Russell for playing himself out of that group and earning a max contract in the Bay Area.

Kyrie Irving (shoulder) out for Nets-Pacers

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Kyrie Irving missed the Nets’ win over the Bulls on Saturday.

He’s not healthy enough to play the Pacers tonight.

Nets public relations:

Kyrie Irving (right shoulder impingement) is OUT.

Brooklyn (5-7) lags behinds Indiana (7-6) in the Eastern Conference’s middle morass. The Nets must try to catch up in the playoff race without their best player.

But it’s a long season. Brooklyn has plenty of time to gain ground. Spencer Dinwiddie is capable in relief, and the unselfish Nets can create ball movement while Dinwiddie rests.

I’m more concerned about next week. A segment of Brooklyn’s schedule:

  • Nov. 24 at Knicks
  • Nov. 25 at Cavaliers
  • Nov. 27 at Celtics

That’s the team Irving spurned in free agency, the team Irving requested a trade from and the team Irving just left after pledging to re-sign. Those are juicy matchups. Hopefully, Irving is healthy enough to play in all three.