Rockets owner Tilman Fertitta says luxury tax not influencing Houston’s offseason

Bob Levey/Getty Images
4 Comments

The Rockets gave Chris Paul a four-year max contract.

But they lost Trevor Ariza (to the Suns on a one-year, $15 million contract) and Luc Mbah a Moute (to the Clippers on a one-year, $4.3 million contract). Houston isn’t rushing to pay restricted free agent Clint Capela, either.

Those departures are major blows to a team trying to compete with the Warriors. Risking Capela signing his qualifying offer, which would make him an unrestricted free agent next summer, could also undermine the Rockets’ long-term future.

These hard-to-swallow decisions all make sense through one lens – money.

Yet…

Tim MacMahon of ESPN:

First-year owner Tilman Fertitta adamantly stated that the NBA’s luxury tax is not influencing the Houston Rockets’ offseason decisions.

“We know we’re going to be in the luxury tax, and if you want to compete for a championship, I feel like unless you get real lucky, you’re going to be in the luxury tax,” Fertitta told ESPN before the Rockets’ summer league game Monday against the Clippers. “So it is what it is. … It never even came up in any discussion.”

Sources told ESPN that the Rockets’ initial offer to Capela was in the four-year, $60 million range, with the blossoming star center seeking a deal similar to Oklahoma City Thunder big man Steven Adams‘ four-year, $100 million contract. The Rockets plan to pursue forward Carmelo Anthony after his expected departure from the Thunder via being waived or bought out, league sources told ESPN’s Adrian Wojnarowski.

If Tillman’s quote is accurate, Rockets general manager Daryl Morey is doing a terrible job. Ariza and Mbah a Moute are far better than any replacements Houston could sign, and with those two proving their willingness to take one-year contracts, there would have been no adverse long-term effects for Houston. Re-signing Ariza and Mbah a Moute would have maximized the Rockets’ performance next season and not at all limited them beyond.

But of course Tillman’s quote is inaccurate. Houston lost Ariza and Mbah Moute and is in greater danger of losing Capela next summer because of the real-dollar costs of assembling such a team.

The Rockets probably won’t escape the luxury tax entirely, though if Capela accepts his qualifying offer, there’s at least a chance. But it’s a matter of degrees, and Fertitta clearly deemed Ariza and Mbah a Moute too expensive to keep. That’s fair. He can run the team as he sees fit, and after sinking so much money into purchasing the franchise, his spending power might be limited.

But it’s silly of him to misrepresent the obvious situation.