Jul 9, 2014, 7:08 PM EDT
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.
Sep 15, 2014, 1:07 AM EDT
Mark Price worked with him last summer too and it had limited effect.
Sep 14, 2014, 10:00 PM EDT
“If he wanted to leave, there’s no reason to talk to him about it,” Rubio said.
Sep 14, 2014, 8:30 PM EDT
Sep 14, 2014, 6:59 PM EDT
The celebration was more entertaining than most of the game.
Sep 14, 2014, 5:18 PM EDT
With the win the USA is automatically qualified for the 2016 Rio Olympics.
Sep 14, 2014, 5:00 PM EDT
Lots of Paul Pierce and Shaun Livingston, both of whom left Brooklyn this summer in free agency.
Sep 14, 2014, 3:30 PM EDT
It’s a long shot, but he’s at least got his foot in the door somewhere.
Sep 14, 2014, 2:00 PM EDT
Vonleh will miss all of the preseason, and his new head coach believes that will cost him an early opportunity to enter the rotation.
Sep 14, 2014, 12:30 PM EDT
It was obvious that Australia threw the game against Angola to try to avoid Team USA in the tournament for as long as possible.
Sep 14, 2014, 11:00 AM EDT
Hayward attended training camp, but didn’t make the final cut to be a part of the 12-man roster.
Sep 14, 2014, 9:30 AM EDT
Anthony can thrive in the triangle — if he moves the ball.
Sep 14, 2014, 8:00 AM EDT
Serbia looks on paper to be just another speed bump between the USA and gold.
Sep 13, 2014, 11:00 PM EDT
Rose has averaged 5.4 points per game on 27.3 percent shooting.
Sep 13, 2014, 9:30 PM EDT
Grizzlies last team to make a serious run at him.
Sep 13, 2014, 8:00 PM EDT
Bronze was a quality finish for the defending European champions.
Sep 13, 2014, 6:30 PM EDT
Read the entire letter from Atlanta’s new CEO, which details plans on how he intends to change the team culture.
Sep 13, 2014, 5:00 PM EDT
Plenty of Boris Diaw.
Sep 13, 2014, 3:30 PM EDT
Anthony was very direct in his assessment of the racially insensitive remarks made by the team’s GM and ownership.
Sep 13, 2014, 2:00 PM EDT
Team USA has won its last three games by an average of 31 points.
Rudy Gay upset over ‘dirty play’ that caused him to suffer a fractured jaw in Team USA’s win over Lithuania
Sep 13, 2014, 12:30 PM EDT
DeMarcus Cousins caught an elbow too, and the teams had to be separated once the game was over.
- USA celebrates gold medal with lots of dancing (except Derrick Rose) 8
- Too much World Cup MVP Kyrie Irving for Serbia to handle as USA wins gold easily 129-92 18
- FIBA World Cup USA vs. Serbia preview: Serbia no pushover but Americans should grab gold 4
- France beats Lithuania to win World Cup bronze 6
- Carmelo Anthony says nobody would want to play for Hawks 20
- Rudy Gay upset over ‘dirty play’ that caused him to suffer a fractured jaw in Team USA’s win over Lithuania 17
- Serbia holds off furious French comeback, wins to advance to gold medal game vs. USA 4
- Hawks GM Danny Ferry releases statement on his leave of absence, apologizes again 6