Honestly, I think Yao retires this offseason, if not we probably resign him for the minimum. Nobody seems to really want him, and if we only pay him like 500k, it's not a big deal if he doesn't do anything. But if he does it will look like a good move.
Umm, Yao Ming would not yield any assets, he would yield a long-term contract to make salaries match or the Rockets would be giving up an asset to convince a low payroll team to take him for nothing. Expirings only have value when there are good FAs to be had, and there aren't. Anyway, I did the math and assuming the Rockets dont resign TWill, Hill, Miller, Jeffries, Thabeet, and assuming they're paying Yao, Lee, Dragic, Hayes an average of 4 million each, that still puts them 12 mill under the current cap in 2012. And they could easily not resign Dragic or Hayes to get 20 mil under.
Umm, Yao Ming would not yield any assets, he would yield a long-term contract to make salaries match or the Rockets would be giving up an asset to convince a low payroll team to take him for nothing. Expirings only have value when there are good FAs to be had, and there aren't. Anyway, I did the math and assuming the Rockets dont resign TWill, Hill, Miller, Jeffries, Thabeet, and assuming they're paying Yao and Lee an average of 5 million each, that still puts them 18 mill under the current cap in 2012.
If we would have traded Yao then we also would have had to take back a lot of salary. Unless you were getting a star or a guy with super potential then it's not worth it to tie up that kind of money. According to ESPN Radio's Ryen Russillo, Sacramento almost landed Deron Williams and the Rockets were helping to facilitate the trade. I can only guess but if we could have gotten Cousins out of the deal then I think that they would have gladely included Yao. http://twitter.com/ryenarussillo/status/40462811347820544#
The next free agency class isn't as promising as the last one. Thats why teams were reluctant to take Yao's contract and make space to sign a max free agent.
There is no if, they will renounce his rights so we will free up cap space. If they traded him for assets, we'd have to take on more salary assuming that we aren't trading Yao for another expiring, which would be pointless. This way, we free up cap space now instead of adding salary with other assets. For all we know, Yao could resign a deal at the vets minimum.
There is no if, they will renounce his rights so we will free up cap space. If they traded him for assets, we'd have to take on more salary assuming that we aren't trading Yao for another expiring, which would be pointless. By keeping Yao, we free up cap space now instead of adding salary with other assets. For all we know, Yao could resign a deal at the vets minimum.
You know you've been doing too much chemistry when [Yao] becomes the "concentration of Yao"... Wow...
If the Rockets had traded Yao then they would have been required take back a lot of salary in return (since Yao's basically an expiring deal then you weren't going to get expirings back for him). I don't believe that the Rockets would commit to that kind of salary unless you were getting a star or a high potential young guy back. ESPN Ryen Russillo has reported that Deron Williams was almost shipped to Sacramento and that the Rockets were helping to facilitate the deal. I can only guess what we would have gotten in return, but if it was someone like Cousins then I don't think we would have hesitated to trade Yao. http://twitter.com/ryenarussillo/st...62811347820544#
$0 No more Yao. No more being handcuffed by his injuries, especially when we are not going to contend for the championship. Time to let go and move on.
$0 No more Yao. No more being handcuffed by his injuries, especially when we are not going to contend for the championship. Time to let go and move on.
But they can renounce and then re-sign him for less, no? So I think it's kind of a formality that we are talking about?
They probably didn't find anyone willing to pay what they believe should be the price for the salary relief that Yao's insurance provides. Morey said there were too many big TPEs out there and teams able to absorb salary, so not a favorable market in which to sell an insured contract. They'll take the insurance money, add it to the budget they have for future transactions (whether to be used for salary, for buying a pick or otherwise).
