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Can we clear space by cutting Delfino?.(out 4-6 months)

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Crashlanded19, May 31, 2013.

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  1. Crashlanded19

    Crashlanded19 Member

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  2. smr6

    smr6 Member

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    He has a team option for next year and even without the injury it is likely that it would of been declined in order to save the money for the free agent pursuit. This just pushes it as even more of an assurance really.
     
  3. OTMax

    OTMax Member

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    Why are they waiting, they already declined Garcia's? Is there a reason?
     
  4. Swishh

    Swishh Member

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    Long ass time? 4-6 months is still enough to be available for the first game next season. Worst case scenario he'll miss a month of the regular season. How is that a 'long ass time' ?
     
  5. heypartner

    heypartner Contributing Member

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    [EDIT] Delfino's $3m is non-guaranteed vs fully guaranteed with a Team Option. The same cap flexibility exists with both. In this case, we can waive him to drop all his salary. I'll leave the remainder of the post to explain the scenario where it's fully-guaranteed, just to explain the waiver rules.[/EDIT]

    If you waive (cut) a player, other teams can wait for him to clear waivers. If someone picks him up before he clears, they assume full responsibility for the contract, and it's all removed from our books and cap.

    Assuming he clears waiver, the Rockets will be responsible for he guaranteed portion of his remaining contract -- which, in Delfino's case, is his full $3m contract for his remaining year.

    However, the Stretch Provision can kick in, since he signed under the new CBA. Rockets can elect to spread his final year over 3 yrs, as well as the cap hit.

    So, his cap hit would be $1m instead of $3m.

    We can save $2m cap hit by waiving him. $3m if a team grabs him while on waivers.
     
    #5 heypartner, May 31, 2013
    Last edited: May 31, 2013
  6. OTMax

    OTMax Member

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    Tnx for the explanation! By what date do the Rockets need to waive him?
     
  7. Joe Joe

    Joe Joe Go Stros!
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    I thought he was unguaranteed instead of team option. If the Rockets waive him, his salary is off the books for next season.
     
  8. thedude077

    thedude077 Member

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    If we keep him, he'll be back by December. I can wait for that.
     
  9. JuanValdez

    JuanValdez Contributing Member

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    I don't think they actually did decline Garcia's yet. Some reporter tweeted that they were going to decline it (which was already obvious to anyone paying attention). Everybody thought something happened. But, if you go look at an NBA transactions log (like this one), you'll see nothing has officially been done.

    So they're waiting on Delfino for the same reason they're waiting on Garcia -- no reason to do it until you need to do it. The only difference being that no journalist bothered to tweet the obvious conclusion of the Delfino saga and pretend like it was news.
     
  10. OTMax

    OTMax Member

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    Why keep him? We can get a younger version of him through free agency or we rather pursue Garcia. Similar players, but one plays with emotion, was consistent during the playoffs and can play good defense. We have no use for Carlos now anyway with him being injured and not certain of signing that big free agent.
     
  11. tminusrex

    tminusrex Rookie

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    I think he's already gone and good riddance. There are so many better players than him.
     
  12. eman

    eman Contributing Member
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    Would hate to lose Garcia and Delfino. Signing Redick?
     
  13. heypartner

    heypartner Contributing Member

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    You're right. There was wrong info at the time of signing that BimaThug eventually cleared up. His 2nd year is non-guaranteed in its entirety.

    But to answer the OPs question, 100% non-guaranteed contract vs a Team Option provides the same cap flexibility, just in a different manner.

    First way we waive him; second method we decline the option.

    We have until June 30th to waive him before his contract becomes fully guaranteed.

    <blockquote class="twitter-tweet"><p>...Delfino's $3M salary for next year is non-guaranteed but becomes fully guaranteed if not waived by June 30...</p>&mdash; David Weiner (@BimaThug) <a href="https://twitter.com/BimaThug/status/330747789313191937">May 4, 2013</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
  14. BONIERO1576

    BONIERO1576 Member

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    If we do menage to sign Howard all the guys on our roster that can knock down 3's are going to become valuable. I would consider taking that option if we're able to move Robinson instead.
     
  15. coachbadlee

    coachbadlee Member

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    Just waive him. We can get someone like him or better through FA or the draft.
     
  16. cheke64

    cheke64 Member

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    Delfino will retire a Rocket, book it.
    one of the best talents to ever play in houston
     
  17. aelliott

    aelliott Contributing Member

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    In order to sign Howard to a max deal we need to trade Robison AND release Delfino. We have to do both, not one or the other.
     
  18. OTMax

    OTMax Member

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    Thanks! Cool, they will surely decline his option then since Dwight cannot be signed before that date.
     
  19. basketballholic

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    Morey is first going to assess Delfino's trade value. (He probably already knows it.) If Morey finds out another team is willing to trade for his unguaranteed contract because they want him on their roster for next season and they have cap space, that means if the Rockets waive him he will most likely be gone anyways unless he is willing to give us a discount down to the Room MLE.

    I really think there's probably a little rub or competition between Delfino and Garcia for that Room MLE contract. Wouldn't surprise me if Morey has negotiated with both of them and he knows what they are willing to agree to. Whichever one is willing to sign the MLE, then Morey will probably try to trade the other one on draft night. Or if Morey is planning on keeping Delfino and they have agreed on the Room MLE, I think Morey will try one last time to get Garcia to modify his contract so he can trade him in the offseason.
     
  20. JuanValdez

    JuanValdez Contributing Member

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    Thanks. I thought this was clear to everyone already. If we're going to sign Dwight Howard, we have to cut everybody with a team option or non-guaranteed contract, and also drop another couple million -- this the talk about Robinson. There isn't really a lot of lattitude to mix and match the pieces. To save one of those guys means getting rid of one or more of Harden/Asik/Lin/Parsons/Jones/Motiejunas/White. Aside from White, we don't want to do that.
     

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