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.
Apr 27, 2015, 2:34 AM EDT
Love being out could be an issue in the next round as the Cavs take on the Bulls.
Apr 27, 2015, 1:38 AM EDT
The question is can Dallas replicate all they did right on the road?
Apr 26, 2015, 11:02 PM EDT
The Boston Celtics fans got a show.
Apr 26, 2015, 9:33 PM EDT
Another stellar performance from John Wall buries Toronto’s season.
Apr 26, 2015, 9:17 PM EDT
The Clippers needed their big stars to step up Sunday or they were going to be in a very deep hole. They got it.
Apr 26, 2015, 6:31 PM EDT
Blake Griffin grabbed 19 rebounds, and Austin Rivers (!) chipped in 16 points in 17 minutes off the bench.
Apr 26, 2015, 6:30 PM EDT
With the new salary cap, Davis’ deal could approach $140 million.
Apr 26, 2015, 5:18 PM EDT
Kevin Love gets hurt, Cleveland gets revenge, and Boston gets swept
Apr 26, 2015, 4:58 PM EDT
Conley suffered the injury in Memphis’ Game 3 win in Portland.
Apr 26, 2015, 4:30 PM EDT
It sounds like he’s taking a victory lap.
Apr 26, 2015, 2:55 PM EDT
Smith could face suspension.
Apr 26, 2015, 1:25 PM EDT
He will not return Sunday.
Apr 26, 2015, 12:30 PM EDT
Apr 26, 2015, 11:00 AM EDT
“He’s the guy they want,” the report says.
Apr 26, 2015, 9:30 AM EDT
Players were given the option by the team’s GM, but Aldridge — who will be an unrestricted free agent this summer — was the only one who chose to leave.
Apr 26, 2015, 8:00 AM EDT
He was getting his buckets at the rim or on the right side of the floor.
Apr 26, 2015, 2:37 AM EDT
Memphis’ offense was the best it has looked this series.
Apr 26, 2015, 1:24 AM EDT
There is no update on the severity of his injury yet.
Apr 26, 2015, 12:07 AM EDT
Jared Dudley’s pass was fantastic.
Apr 25, 2015, 10:50 PM EDT
Golden State wins Game 4, 109-98
- Rumor: Kevin Love out minimum of two weeks, will likely miss most or all of series vs. Bulls 2
- Monta Ellis, J.J. Barea pairing ignites Mavericks offense, gets Dallas Game 4 win over Houston 1
- Wizards blow out Raptors to complete first-round sweep 17
- Chris Paul scores 34 points, Clippers win Game 4 to even series with Spurs 6
- Cavaliers advance to second round – but but maybe lose Kevin Love and moral high ground in process 52
- Mike Conley out for Game 4 with “serious” facial injury, no timetable for return 6
- Grizzlies start fast, hang on to beat Portland, take 3-0 series lead 2
- Bucks outwork Bulls, stay alive on Jerryd Bayless game-winner 6