Jul 9, 2014, 7:08 PM EST
The Houston Rockets made a calculated risk when they declined Chandler Parsons’ team option and made him a restricted free agent this offseason rather than letting him becoming an unrestricted free agent next summer.
Had Houston simply picked up Parsons’ option, he would have counted safely at just $964,750 against the cap this offseason. Instead, he counts at $2,875,130 until his new contract goes into effect. When it does, his 2014-15 salary will become his cap number, and that will be much higher.
Essentially the Rockets were betting Parsons would patiently wait an offer. Houston would sign an outside free agent first and then exceed the cap to re-sign Parsons.
That plan might have backfired.
Marc Stein of ESPN:
David Aldridge of NBA.com:
On a three-year contract, Parsons’ max is $46,164,000, so this is a max contract or close to it. Parsons’ max starting salary is $ 14,725,359 – a heck of a lot more than $2,875,130.
The easy path for the Rockets is signing a top free agent during the 72-hour period they have to match, and then they can go over the cap to keep Parsons.
But that’s predicated on other free agents deciding so quickly. Houston might not get everything to line up so conveniently.
If the Rockets match, they’ll be out of the race for any elite free agents and likely anyone who commands more than the mid-level exception. Carmelo Anthony reportedly plans to re-sign with the Knicks, so there’s likely no dilemma there.
Daryl Morey backed himself into a corner.
The Mavericks might be hamstringing themselves, too. That’s a lot of money to pay Parsons if Houston doesn’t match – though, if Gordon Hayward deserves a max contract, Parsons probably does, too. Those two have similar value.
For the most part, I like the deal for Dallas, even if it hinders long-term flexibility. The Mavericks are trying to maximize Dirk Nowitzki’s final years. Trading for Tyson Chandler was a good step, and this would be another. Parsons is a solid all-around player who immediately makes the team better.
Plus, if the Rockets match and miss out on a premier free agent, Mark Cuban can take pride in making life difficult for a rival.
Nov 23, 2014, 8:00 AM EST
“This is not even the lowest it’s going to get for us.” —LeBron James
Nov 23, 2014, 1:04 AM EST
There was nothing the Utah Jazz could do.
Nov 22, 2014, 11:30 PM EST
Adam Silver has said it should happen, and Cuban agrees.
Nov 22, 2014, 10:00 PM EST
Leonard missed time with an eye infection.
Nov 22, 2014, 8:30 PM EST
Dunleavy says he was just trying to foul to stop the clock. Watch and decide for yourself.
Nov 22, 2014, 7:06 PM EST
With him and starting power forward Terrence Jones out, the Rockets are very thin up front.
Nov 22, 2014, 6:30 PM EST
Detroit is next to last in field goal percentage on the season.
Nov 22, 2014, 5:00 PM EST
Toronto won by 42 points, so this only matters if you had a certain Milwaukee player on your fantasy team.
Nov 22, 2014, 3:30 PM EST
Mike James or Will Bynum could be added to the roster for a short stint.
Nov 22, 2014, 2:00 PM EST
Bledsoe says the Sixers warned him before the game that he would be targeted for his previous comments.
Nov 22, 2014, 12:30 PM EST
X-rays were negative but he is going to miss some time.
Nov 22, 2014, 11:00 AM EST
Both are expected to participate in parts of Saturday’s practice.
Nov 22, 2014, 9:30 AM EST
Nov 22, 2014, 8:00 AM EST
George is trying to get back on the court before the season is finished.
Nov 22, 2014, 1:56 AM EST
I missed JaVale McGee last year.
Nov 22, 2014, 12:01 AM EST
LeBron with a nice highlight package early in Friday’s contest against the Wizards.
Nov 21, 2014, 10:45 PM EST
Bledsoe said yesterday that Philadelphia would lose to a college team.
Nov 21, 2014, 9:46 PM EST
He will not play against the Mavericks, at least.
Nov 21, 2014, 8:30 PM EST
Kirilenko appears to be done in Brooklyn.
Michele Roberts: NBA agreed to work with union before attempt to ‘prove its toughness’ with Jeff Taylor suspension
Nov 21, 2014, 7:30 PM EST
National Basketball Players Association executive director: NBA ‘chose to bend to the pressure it feels from the current media spotlight’
- LeBron James: “We’re a very fragile team right now” 1
- Dwight Howard out vs. Mavericks Saturday, no timetable for his return 2
- If Derrick Rose not ready to return by Monday Bulls may add point guard to roster 12
- Another day, another Bulls injury: Taj Gibson out with sprained ankle 11
- Report: Kevin Durant, Russell Westbrook could return to Thunder lineup next week 11
- Kobe Bryant says he took large enough discount for Lakers to contend 55
- Report: Jeff Taylor won’t appeal 24-game suspension 2
- Timberwolves’ Kevin Martin out indefinitely after scoring 31 points with fractured wrist 8