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Rockets decline option on Parsons

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Rockets decline option on Parsons 

Post#1 » by pr0wler » Wed Jun 4, 2014 3:07 am

http://sports.yahoo.com/news/sources--r ... 3-nba.html

This news is huge. Is this a play to include him in a SnT deal for a star? Or maybe to increase our chances of keeping him long-term? Keeping our options open? Not sure what to make of this to be honest...
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Re: Rockets decline option on Parsons 

Post#2 » by texasholdem » Wed Jun 4, 2014 3:09 am

Parsons won't approve a S&T to Minny that's for sure or do you mean someone else S&T to Hou for Parsons?

Anyway, I personally hope Parsons is a Rocket for life.
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Re: Rockets decline option on Parsons 

Post#3 » by GreenRiddler » Wed Jun 4, 2014 3:13 am

This is so he is not an UFA next year, this way he can match whatever Parsons gets.
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Re: Rockets decline option on Parsons 

Post#4 » by texasholdem » Wed Jun 4, 2014 3:20 am

So who is Parsons competition in the free agent market that will gauge his price range? Luol Deng, Al-F Aminu, Trevor Ariza, Shane Battier, Caron Butler, Xavier Henry, Wesley Johnson, Lance Stephenson
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Re: Rockets decline option on Parsons 

Post#5 » by KazuoOda » Wed Jun 4, 2014 3:24 am

Better hope a team doesn't give him a offer sheet before the Rockets have a chance to go after Melo or any of their off season targets.
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Re: Rockets decline option on Parsons 

Post#6 » by texasholdem » Wed Jun 4, 2014 3:26 am

KazuoOda wrote:Better hope a team doesn't give him a offer sheet before the Rockets have a chance to go after Melo or any of their off season targets.


We can't afford Melo anyway as a free agent. It would have to be a trade.
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Re: Rockets decline option on Parsons 

Post#7 » by BaYBaller » Wed Jun 4, 2014 3:56 am

It's a gamble. Some team might offer him something outrageous and then we lose Parsons for nothing. On the flip side, he might not get a lot of good offers due to his RFA status, so Morey might be able to resign him to a below market contract.

I don't think declining his option has much of an effect on obtaining a 3rd star. Either Parsons gets some crazy offer and he leaves, or he resigns and now his contract is a valuable trade piece due to likely being a below market contract.
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Re: Rockets decline option on Parsons 

Post#8 » by Lorenzomax7 » Wed Jun 4, 2014 4:11 am

texasholdem wrote:So who is Parsons competition in the free agent market that will gauge his price range? Luol Deng, Al-F Aminu, Trevor Ariza, Shane Battier, Caron Butler, Xavier Henry, Wesley Johnson, Lance Stephenson

Battier would be ESPN college analyzer next season..
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Re: Rockets decline option on Parsons 

Post#9 » by Lorenzomax7 » Wed Jun 4, 2014 4:14 am

BaYBaller wrote:It's a gamble. Some team might offer him something outrageous and then we lose Parsons for nothing. On the flip side, he might not get a lot of good offers due to his RFA status, so Morey might be able to resign him to a below market contract.

I don't think declining his option has much of an effect on obtaining a 3rd star. Either Parsons gets some crazy offer and he leaves, or he resigns and now his contract is a valuable trade piece due to likely being a below market contract.


So.. it makes sense.

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Re: Rockets decline option on Parsons 

Post#10 » by MaxRider » Wed Jun 4, 2014 4:48 am

wow that is a surprise
i guess morey is planning a sign&trade deal to land the 3rd star
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Re: Rockets decline option on Parsons 

Post#11 » by MKL » Wed Jun 4, 2014 4:49 am

Looks bad for Parsons staying with the Rockets. Morey is cheap as hell and never goes into Luxury Tax.

If Rockets gets that 3rd Max Contract Player, they would be at the cap and all of Parsons matched Salary will be in the Luxury Tax potential 12 mil and then repeater tax the year after that which is doubled.

LOL Morey, I see what you're doing there.

I'm surprised Woj doesn't look at salary/LT history with the Rockets. We're one of the cheapest teams in the league.
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Re: Rockets decline option on Parsons 

Post#12 » by inquisitive » Wed Jun 4, 2014 5:04 am

great article here by bimathug on declining cp's option:

http://rockets.clutchfans.net/5862/chan ... am-option/
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Re: Rockets decline option on Parsons 

Post#13 » by MKL » Wed Jun 4, 2014 5:19 am

inquisitive wrote:great article here by bimathug on declining cp's option:

http://rockets.clutchfans.net/5862/chan ... am-option/


He doesn't talk about the Luxury Tax hit though. It's going to make the poison pill look like nothing.

If Morey matches lets say $12 mil/year salary while all over the cap because of bird rights, then we're talking $13.75 mil on tax alone. Repeater tax the year after that is $20.75 mil.

This is the same owner that's too cheap to fire McHale and get a real coach, no way in hell he's going to blow $25 mil on Parsons 1 year salary.
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Re: Rockets decline option on Parsons 

Post#14 » by RollingWave » Wed Jun 4, 2014 6:22 am

I'll go on a limb and say that he'll end up resigning and not much else happens except maybe an Asik trade of some sort.

Teams have a certain date they have to match RFA contract, the earliest date other teams can offer him a deal is 7/1, teams have a few days to consider, and also, most big FA signing go down on the first few days of free agency anyway. so no, odds of other team using offering Parsons a lot of money against them signing Melo is very low to non-existent.

This move is more than anything a good faith jesture, if he pay him 900k next year chances are he'll be pissed enough to leave in UFA regardless of what we offer, they want to keep Parsons long term, so...
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Re: Rockets decline option on Parsons 

Post#15 » by MKL » Wed Jun 4, 2014 6:46 am

Morey doesn't have good faith. He's like a sociopath/CEO personality.

I will read it as what it is, Morey will attempt to get his 3rd Max Contract Player, and then play it from there. He might match offers for Parsons up to the level Les Alexander feels comfortable with. I say no more than $8 mil a year.

IMO, Morey should stop gambling and taken that Parsons option.
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Re: Rockets decline option on Parsons 

Post#16 » by RollingWave » Wed Jun 4, 2014 7:25 am

Meh, it's a business, you use good faith when it's fitting and useful.

I'm quite certain we will not get Melo, or even have any sort of meaningful conversation / moves to bring us towards that. It is not really a matter of good faith, it's another matter I do believe in and I know Morey does as well, which is simple statistic analysis.

It doesn't take a statistician to understand what is marginal utility and why Melo on the Rockets would not be a great idea because of that.
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Re: Rockets decline option on Parsons 

Post#17 » by ChokeFasncists » Wed Jun 4, 2014 7:34 am

I like this move, no more stat padding, focus on D; less risk of him walking with nothing in return.

But, beware of the poison pill!!!~~~
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Re: Rockets decline option on Parsons 

Post#18 » by ChokeFasncists » Wed Jun 4, 2014 9:21 am

Oh, and also, it creates the opportunity to sign and trade. Love would be great but I doubt Parsons + TJ + whatever is gonna do it.
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Re: Rockets decline option on Parsons 

Post#19 » by RollingWave » Wed Jun 4, 2014 9:27 am

he can't be offered a poison pill as he's already a 3rd year player.

Sign and trade would need him to agree to go to whatever team he ends up on, or he could just take a qualifying offer and become a UFA next year, and knowing Parsons, odds of him wanting to be a long term Wolf seems very very low.
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Re: Rockets decline option on Parsons 

Post#20 » by One Love » Wed Jun 4, 2014 2:59 pm

Parsons will get $10 million a year from someone... His ceiling is higher than Deng who declined a 3 year $30 million deal... Kind of surprised...

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