Jun 20, 2014, 2:08 PM EDT
Bill Simmons’ quasi-reported the Rockets would pursue LeBron James if he terminates his contract with the Heat.
League sources say that Houston is preparing to make an all-out push to land James when free agency opens on July 1, assuming James opts out, as expected. If the Rockets miss out on James, they will turn their full attention to Carmelo Anthony. Chris Bosh is also on the radar.
There are rumblings that James will start weighing his options this weekend. One rival executive pegged his chances of leaving Miami at 40 percent.
Beck lists a four-point plan he says would give Houston about $19 million in cap room
- Trade Omer Asik and Jeremy Lin – who are each owed nearly $15 million in actual salary next season – without returning salary
- Trade Donatas Motiejunas and Isaiah Canaan without returning salary
- Waive a few players with non-guaranteed deals
- Decline team option Chandler Parsons and re-sign him as a restricted free agent after LeBron signs
The Rockets say they can deal Asik and Lin without taking back salary, so we’ll take their word on that for now.
Motiejunas and Canaan are good enough and cheap enough that someone would probably take them if offered.
As far as the non-guaranteed deals, Beck is presumably referring to Omri Casspi, Robert Covington and Troy Daniels (who actually has a team option, which requires a decision by June 30, meaning Houston would have to drop him before ever legally speaking to LeBron). Patrick Beverley also has a non-guaranteed contract, but Beck names him a starter alongside LeBron in this scenario, so he obviously wouldn’t get waived.
Declining Parsons’ team option would actually increase the amount he counts against the cap, and he could always get impatient and sign an offer sheet elsewhere before Houston signs LeBron. But apparently that’s the plan, so I’m just rolling with the report.
Do all that, and the Rockets would be $17,265,007 below the projected salary cap – not the $19 million Beck says.
Signing into the cap space Beck’s plan would actually create would cost LeBron more than $14 million over four years relative to what he could get in a max deal with any team outside Miami. It would also be $45 million less than he could get on a five-year max deal by re-signing with the Heat.
By comparison, LeBron gave up less than $14 million below his max deal when signing with the Heat in 2010 – and loss was spread over six years rather than four.
Back then, he organized a sign-and-trade to get a higher salary, but it doesn’t work that way anymore. Whether or not the Rockets land LeBron in a sign-and-trade or an outright signing, they can offer him the same salary.
LeBron might take a pay cut to join Houston, but let’s not pretend it’s a trivial reduction.
The Rockets could create more cap room by convincing Francisco Garcia to opt out or trade him if he doesn’t (Beck doesn’t mention him). They could also waive or trade Beverly and/or Terrence Jones, another player Beck names as holding role in Houston.
Picking up Parsons’ team option would also add cap room, but good luck walking back the offer to give Parsons a raise this year rather than next year. In the name of LeBron, it’s probably worth upsetting Parsons, but that’s just one of many complications.
But at the same time, he and the Rockets can use each other.
LeBron can show interest in Houston to persuade Micky Arison to spend more. The Rockets can parlay LeBron’s intrigue into a perception Houston is a desirable markets for superstars. Howard and Harden help, but LeBron carries more weight than anyone.
Heck, the Rockets don’t even need LeBron to actually show interest. Reports like Beck’s already help establish their credibility.
As for Bosh and Melo, are they just supposed to wait while LeBron talks to Houston?
Bosh faces the same salary situation as LeBron. Plus, if LeBron rejects the Rockets to re-sign in Miami, Bosh very likely follows him back.
And I’ll say it until I’m red in the face, unless the cap comes in higher than projected, the Rockets could trim their roster to just Howard and Harden and still couldn’t offer Melo a max contract. That’s not necessarily a deal-breaker, but it’s a roadblock.
There are a lot of roadblock in this whole plan.
Daryl Morey has big ambitions, which is good for the Rockets. But we need to acknowledge this one is pretty unlikely to come to fruition.
Oct 25, 2014, 12:01 AM EDT
Thunder will be very short-handed the first month of the regular season.
Oct 24, 2014, 11:00 PM EDT
It’s far from guaranteed that they will use it.
Oct 24, 2014, 10:00 PM EDT
And it was probably the smartest possible play
Oct 24, 2014, 9:00 PM EDT
76ers forwent any guaranteed salary to hit free agency sooner
Oct 24, 2014, 8:20 PM EDT
Bucks point guard Nate Wolters makes heads-up play
Oct 24, 2014, 7:31 PM EDT
Can’t say I ever pictured that.
Oct 24, 2014, 6:40 PM EDT
This is a minor trade, even in Sam Hinkie’s world.
Oct 24, 2014, 5:31 PM EDT
Clippers owner affirms reputation
Byron Scott says Lakers may need to trade for point guard. For now, Ronnie Price starts, Jeremy Lin off bench.
Oct 24, 2014, 4:41 PM EDT
Expect the Lakers to try and trade for a point guard… no, not Rajon Rondo.
Oct 24, 2014, 3:50 PM EDT
Nash was everything we want as a fan in an NBA player.
Report: Tobias Harris won’t sign contract extension, would get Nike bonus by playing in New York, Chicago or Los Angeles
Oct 24, 2014, 3:20 PM EDT
Could forward leave the Magic in 2016?
Oct 24, 2014, 2:50 PM EDT
The NBA is full of talent, personality and suspense. During the offseason, It’s easy to forget how wonderful the league can be. So, I’ve assembled 67 Reasons I’m Excited For Next Season (67RIEFNS). They’ll be presented in no particular order. JaVale McGee played just five games last year after injuring his leg. How did we…
Oct 24, 2014, 2:18 PM EDT
Varejao the better choice, but Cleveland should be careful here
Oct 24, 2014, 1:44 PM EDT
Phil Jackson says the triangle is not rocket science.
Oct 24, 2014, 1:07 PM EDT
Pacers center filling huge role after last season’s great start, big collapse
Oct 24, 2014, 12:33 PM EDT
Childress, who played for Pelicans last season, now playing (dirty) in Australia
Oct 24, 2014, 11:55 AM EDT
Are Heat stars too old to succeed without LeBron James?
Oct 24, 2014, 11:15 AM EDT
Paul Pierce, Otto Porter or Martell Webster – all intriguing for different reasons – could become Washington’s starting small forward
Oct 24, 2014, 10:45 AM EDT
Magic guard to have surgery Saturday
Oct 24, 2014, 10:00 AM EDT
All hail the Brow.
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