Salary Cap increased to $58.6 million

<blockquote class="twitter-tweet" data-partner="tweetdeck"><p>With 2013-14 salary cap now set, we finally know the amount of James Harden's extension: 5 yrs., $78,782,190. Starting salary of $13,701,250</p>&mdash; David Weiner (@BimaThug) <a href="https://twitter.com/BimaThug/statuses/354795459224674304">July 10, 2013</a></blockquote>
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<blockquote class="twitter-tweet" data-partner="tweetdeck"><p>Houston Rockets Salary Cap Update: Once Robinson &amp; White trades are made, Rockets will have $19.87M in cap room before waiving anyone else.</p>&mdash; David Weiner (@BimaThug) <a href="https://twitter.com/BimaThug/statuses/354795941569630208">July 10, 2013</a></blockquote>
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<blockquote class="twitter-tweet" data-partner="tweetdeck"><p>...If James Anderson and Tim Ohlbrecht are both waived, Rockets will have $20.59M in cap room, more than enough to sign Dwight to the max.</p>&mdash; David Weiner (@BimaThug) <a href="https://twitter.com/BimaThug/statuses/354796374153363456">July 10, 2013</a></blockquote>
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<blockquote class="twitter-tweet" data-partner="tweetdeck"><p>...If Rockets do, in fact, waive Anderson &amp; Ohlbrecht, then sign Howard, they'll have ~$570k to sign Isaiah Canaan to a long-term deal.</p>&mdash; David Weiner (@BimaThug) <a href="https://twitter.com/BimaThug/statuses/354797169464709122">July 10, 2013</a></blockquote>
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<blockquote class="twitter-tweet" data-partner="tweetdeck"><p>Bottom line: Both Greg Smith and Patrick Beverley are safe &amp; can remain Rockets while still giving Dwight the absolute max.</p>&mdash; David Weiner (@BimaThug) <a href="https://twitter.com/BimaThug/statuses/354797517986213888">July 10, 2013</a></blockquote>
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Bye Ohlbrect, Smith and Anderson.

 

Nice News!

 

I really don't care about Greg Smith, dude is a liability and was exposed in the OKC playoffs.

 

<blockquote class="twitter-tweet" data-partner="tweetdeck"><p>Your NBA luxury-tax champions from the 2012-13 season? Lakers informed tonight that they were officially charged $29,259,739 in '12-13 tax</p>&mdash; Marc Stein (@ESPNSteinLine) <a href="https://twitter.com/ESPNSteinLine/statuses/354802641802510336">July 10, 2013</a></blockquote>
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#moreyball

 

Can we use the MLE to sign someone like Gary Neal without the Spurs matching?? They have no Exception or cap space.

 

We don't have the MLE. So, not unless Gary Neal wants to sign an offer sheet from us for the room exception or minimum.

 

And you can always match restricted free agents, although the Spurs are pretty cheap and don't seem to want him anyway.

 

<blockquote class="twitter-tweet" data-partner="tweetdeck"><p>Wanna know how new NBA world works? With essentially same payroll as Lakers last season, Nets will owe$70+ mil in tax after 2013-14 season</p>&mdash; Marc Stein (@ESPNSteinLine) <a href="https://twitter.com/ESPNSteinLine/statuses/354807707909361665">July 10, 2013</a></blockquote>
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Russian Billionaire don't care

 

Is that what the rockets want to do sign canaan to a longterm deal?

 

This cap space MLE, contract extensions based on cap space is really complicated. Thanks for this info. Please don't Flame me, I'm just a true Rocket fan.

 

Hell yeah if he works out you get a situation like Parsons

 

Any mechanics in place to prevent us from re-signing James Anderson or Tim Ohlbrecht after we waive them? Or do we just have to hope other teams don't grab them (assuming we want to re-sign them of course)?

 

i'd rather keep anderson than smith. anderson played some solid minutes last year

 

Wow. Wasn't it expected to break 60 million?

 

Smith played more solid minutes, is younger and could develop into a very good reserve. With the likelihood we move Asik at the latest next summer, Smith is going to stay.

 

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This was astounding to me.

Does anyone know how this money is spent within the league? While the rest of the league won't add up to half that, there's enough money from luxury tax to pay a 31st team.

 

lol he is raw and was not drafted....
quit being debbie downer and appreciate what we have. A strong young man who is able improve. He won't become a star but he is serviceable for his low salary.