What are some ways that Parsons can get paid by Rockets under the cap system?

If we add Love that's another O and no D player. We need to surround Harden with D minded people. Love is not a good fit here.

 

Ahhh the infamous Chandler Parsons contract.

Look its simple. Either you decline his option to make him a RFA if you are ok with locking up this team moving forward unless you can trade Asik & Lin for anything of value, or you risk picking up his final year and making him an Unrestricted free agent in the Summer of 2015 so you can have the cap space to go out and get a really big name free agent.

So.... if you want the Rockets to pursue a 3rd star, you would prefer to risk him hitting free agency unrestricted in 2015

or

You lock him up this Summer ASAP as a RFA, and IMO probably at a discount. (However you can forget about 2015 free agency which is something rumored to be of interest to Morey & the Rockets).

Even if a team goes hard after Parsons with a huge contract, he could end up still commanding that amount the next Summer anyways so either way if you want Parsons here long term you WILL have to pay market price for him.

.....................................

Alot of what happens probably relies on what happens with the Asik trade, and what kind of haul they get. Also if they are able to move Lin for value as well that could change things a bit on this front. If it looks like they have found that 3rd piece they need to get over the top with talent, they might opt to go ahead and lock up Parsons. If they dont get a top level talent for Asik & possibly Lin, I fully anticipate Parsons becoming an un-restricted free agent in the Summer of 2015.

 

And to the OP, you can't pay him outside of the salary cap. His contract with the Rockets is already fixed, and only gives the Rockets team options on this year and next. There are no incentive bonuses or bonuses they could add until he becomes a free agent and a new deal is negotiated.

 

You really only have two choices.

Option 1.
Decline his option for 2014/2015 and he becomes a restricted free agent in the summer of 2014. The Rockets can then strong arm him into a contract at no more than market value or less much in the way they did Landry and Lowry. Or under this same option they could offer him a fair contract like they did Scola.

The plus to this option is that they have the security of knowing that they can match any other contract if some other team reaches an agreement with Parsons. They would make Parsons a very happy person by making sure he gets his money a year early. And the team negotiates from a position of strength knowing that ultimately they don't have to worry about losing Parsons in Free Agency.

The negative to this option is that it takes away cap flexibility a year early. Once they lock Parsons into a multi-year contract that will be somewhere in the neighborhood of 10 million a season they will no longer have the possibility of adding a 3rd superstar via free agency. The team would have to shed both Lin and Asik's contracts by this summer and sign a 3rd superstar at close to max money prior to Chandler signing his contract.

Option 2
Let Chandler play out his current contract and let him enter unrestricted free agency in the summer of 2015. The max amount of money the Rockets could offer Chandler is going to be around 14 million a year but I don't think anyone believes he will get that kind of money.

The positives are that the Rockets would have an extra year of cap flexibility. Both Lin and Asik fall of the books in 2015 and if the cap increases to 60 million the team could create between approximately 16 and 18 million worth of cap room including Chandler's cap hold of $1,760,350 and Patrick Beverly's qualifying offer $1,181,348. That is also the summer that both LMA and Kevin Love become free agents. LMA seems to be in good situation in Portland but their is an excellent chance that Kevin Love is ready to get the hell out of Minnesota.

The negatives are simple, Chandler Parsons would be an unrestricted free agent. Although the Rockets would hold his Bird Rights there would be no guarantee that he would resign here if the team forced him to play an additional year under such a team friendly contract that has Chandler making well below his market value. It would be a risk and you better have Chandler's buy in prior to doing this because if you don't get Kevin Love in Free Agency and Chandler bolts for another team it would cause a major set back for the club.

 

FYI: Just wrote (a rough draft of) a new blog entry exploring the cap impact of exercising vs. declining the team option on Parsons's contract. It includes some cap figures that (to my knowledge) have not yet been examined much on this BBS.

Expect it to hit sometime in the next 24-48 hours.

 

Your such a tease

 

Make sure that Jeremy remains a Rocket, let the two of them go on an Asian tour in the off season. Chandler can get all the Chinese endorsements that Jeremy turns down, especially things like hair products etc.

Disclaimer: It's not a slight against Chandler.

 

Parsons is good as gone. On his current trajectory of improvement, he will inevitably reach max player value by the time 2015 hits. Not in the sense that he's a max player talent like LeBron or Durant, but nowadays you have glorified role players like Hibbert or Eric Bledsoe whose potential will allow them to grab max contracts from teams not scared of going into the luxury tax.

I see the 2 only options are to package in a trade before his contract ends or ride out his talent in this 1-2 year contender window that we have.

 

other team can offer parson a backloaded contract just like lin and asik. now other team will do it back to the rockets

 

Chandler Parsons will not be a "Gilbert Arenas" free agent, meaning that teams CANNOT offer him a contract similar to the "poison pill" contracts offers to Lin and Asik.

The Gilbert Arenas Rule ONLY applies to one- or two-year veterans who become free agents and are offered more than the full MLE by other teams.

Again, Omer Asik was a pretty rare example of a second rounder who ends up as an Arenas Rule free agent; and Jeremy Lin is perhaps a once-in-a-GENERATION example of an undrafted player who becomes an Arenas Rule free agent.

People, PLEASE STOP CONFUSING THE ARENAS RULE WITH RESTRICTED FREE AGENCY IN GENERAL.

Thank you.

 

Bima - question

Suppose the Rockets are able to dump everything for cap space in 2015 and manage to sign Kevin Love, leaving themselves in desperate need of bodies to fill out the roster.

With the cap space used, what available money would there be for a Llull buyout? Are you restricted to vet minimum money to put towards the buyout? Is it possible to advance buyout in 2014? Like using the MLE money to pay the buyout in 2014 and then sign Llull in 2015 to vet min money?

 

You can only put like half a mil towards a buyout. The rest has to come out of the players pocket. You can also give him a larger salary and some of it upfront as a bonus as a way around that, but you have to be willing to give him all that $$$ which we wouldn't have in that scenario.

 

Essentially, for the 2015-16 season, the Rockets (without any remaining cap room) would be limited to $625,000 to cover international buyouts. What you are describing would be a circumvention of the CBA.

Interestingly, though, to your point about the Rockets potentially needing to fill out their roster with warm bodies after clearing room for another star free agent in 2015, the Rockets are in line to have as many as FOUR 2015 second round picks:

Their own second round pick
New York's second rounder (Marcus Camby trade)
The lesser of Minnesota's or Denver's second rounder (via Portland - Thomas Robinson trade)
L.A. Clippers' second rounder (only if it falls 51-55 - David Andersen trade)

The benefit of second rounders is that they don't count against the cap, even after the players are selected. Plus, second rounders only count at their actual salary for luxury tax purposes, as opposed to other minimum salaried players, who count at the two-year veteran's minimum level for tax purposes. For example, if the Rockets were in luxury tax territory, Isaiah Canaan's $570,515 salary would only count $570,515 for luxury tax purposes, whereas undrafted free agent signing Robert Covington (signed for the rookie minimum of $490,180) would count a whopping $884,293 for tax purposes.

I think Morey has intentionally stockpiled 2015 second round picks for the very reason you mention: filling out the Rockets' roster in the event they clear the decks to sign a major free agent in 2015. Will the Rockets definitely take this avenue? No. But Morey is giving himself options here.

Also, if Houston clears the decks for a run at Love or Aldridge in 2015, expect the Rockets to fill out the rest of their roster with minimum salaried veterans like they did this summer with guys like Garcia, Casspi, Brooks and Camby.

 

This time some other GMs not named Morey come up with a poison pill contract

 

Wrong!! Read the thread people

 

Best Buy gift card

 

Gift Basket from Omaha Steaks.

 

Is this really an issue. Can't Parsons just make millions from his endorsement deals with Fubu jeans or whatever it was...

 

trade asik + Lin for a high draft pick, in a 3 or 4 way trade.
That will save their salary,probably will get you a very good player in the lottery + allow you to give parsons a good contract.