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.
Aug 1, 2015, 8:00 AM EDT
The Nets will be paying the price for their win-now era for a few years to come still.
Aug 1, 2015, 1:11 AM EDT
This is the right move, whether he decides to play in Rio or not.
Jul 31, 2015, 11:08 PM EDT
He looks like a guy who can live up to the No. 1 pick billing.
Jul 31, 2015, 10:26 PM EDT
Norris Cole is still looking for a bigger payday.
Jul 31, 2015, 9:31 PM EDT
Her credentials are unassailable.
Jul 31, 2015, 8:10 PM EDT
He is currently out on bond.
Jul 31, 2015, 7:15 PM EDT
Hill told the police he was “in a hurry.” I guess so.
Jul 31, 2015, 7:01 PM EDT
Neither guy is going to make a difference on the court for these teams. This was just moving some money around.
Jul 31, 2015, 5:46 PM EDT
Crabbe looked good in Las Vegas at Summer League.
Jul 31, 2015, 4:59 PM EDT
The Kings don’t really have the roster spot for him.
Jul 31, 2015, 4:11 PM EDT
Iowa Energy add Nicki Gross to coaching staff
Jul 31, 2015, 3:20 PM EDT
Will he accept the required tender?
Jul 31, 2015, 2:35 PM EDT
The Phil Jackson Effect
Jul 31, 2015, 1:58 PM EDT
Why does USA Basketball chairman make such a distinction?
Jul 31, 2015, 12:52 PM EDT
Johnson makes $24.9 million, but this is the last year of his contract.
Jul 31, 2015, 12:47 PM EDT
New York drafted Giannis Antetokounmpo’s brother last year
Jul 31, 2015, 10:23 AM EDT
No. 58 pick will reportedly head overseas or to D-League
Jul 31, 2015, 9:21 AM EDT
Guard didn’t show much in short stint in New York
Jul 31, 2015, 8:35 AM EDT
“One thing to come out of this will be more camps, more clinics, more games, more youth competition, and from that you get into infrastructure, and building more courts.” —Masai Ujiri, Raptors GM and native Nigerian
Jul 31, 2015, 7:59 AM EDT
“And the coin flip was as much about, is there going to be anything else that we could do? Because we knew we had to do something.” —Mark Cuban on trading for Rajon Rondo.
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