Take a look at realgm's trade checker, both Novak and JL have 3 year deals. After doing a rough translation of the realgm points to real dollars, it seems Rockets would have about 2-2.1 mil of the MLE left. Perhaps more relevant is the total payroll of the Rockets. I think it's about 60.5-61 mil right now, or 4.4-5 mil away from the luxury tax limit. They can safely take on, say, Kyle Korver without paying the tax. The 4.4-5 mil amount is the relevant maneuver room of the Rockets right now. Unless, that is, Bob Sura retires, then his 3.8 mil comes off the books and gets added to the maneuver room.
I estimate about 2 mil left of the MLE. Actually, I don't know. Everybody else was saying it, and I didn't want to get left out. Shoot... back to counseling.
I talked to some Rockets officials, Dream, Clyde, Chucky Brown, Meadowlark Lemon, and a few others. Everyone agrees we have somewhere between $1.9 and $2.5 left. Hope this insider info clears things up for everyone.
