VIDEO: Daily Zap: July 12
NEWS OF THE MORNING
No. 1: Decision day for the Rockets — The Houston Rockets have a new small forward, having agreed to a four-year deal with former Wizard Trevor Ariza. Does that mean that they’re ready to part ways with their old small forward? Not necessarily. The Rockets have until 11:59 p.m. ET on Sunday to match the three-year, $46 million offer sheet that Chandler Parsons signed with the Dallas Mavericks. And they may feel like Ariza and Parsons could play together, as Yahoo’s Adrian Wojnarowski writes:
The Houston Rockets are still strongly considering the Dallas Mavericks’ offer sheet for Chandler Parsons after reaching agreement on a four-year, $32 million contract with free-agent forward Trevor Ariza, league sources told Yahoo Sports.
Ariza’s contract is on a declining scale, paying him $8.6 million, $8.2 million, $7.8 million and $7.4 million over the next four seasons, sources said.
The Rockets are expected to take until 11:59 p.m. ET Sunday to match the three-year, $46 million offer sheet the Mavericks gave Parsons, sources said. The Rockets could give Parsons some minutes at power forward, allowing them to play him and Ariza together.
No. 2: Only a two-year deal for James — LeBron James could be a free agent again next season. ESPN’s Brian Windhorst reports that James only signed a two-year contract with the Cleveland Cavaliers, and it has a player option for 2015-16, allowing him to look for a new deal again next summer. But Windhorst writes that it isn’t about James not being truly committed to Cleveland. It’s about the additional money he could make with a new deal in a year or two:
Depending on how the new television contracts are put together, the salary cap is projected to leap to as high as $80 million in 2016. There is also uncertainty with the current collective bargaining agreement starting in 2017, another reason James wanted to keep his long-term options open when it comes to the structure of his contract.
James’ off-court earnings, which top $40 million per year according to some estimates, allow for him to take some short-term risk to maximize long-term earnings.
James has earned $129 million over his 11-year career but has only earned the max salary three times during that span.
No. 3: Pierce keeps it moving — It was weird seeing Paul Pierce in a Brooklyn Nets uniform last season. It may be even weirder seeing him in the Washington Wizards’ red, white and blue this year. In a bit of a stunner, Pierce and the Wizards agreed on a two-year deal (for the mid-level exception) on Saturday night. Michael Lee of the Washington Post has the story:
Refusing to stagger after the stunning defection of Trevor Ariza to the Houston Rockets, the Washington Wizards shook off the disappointment and made a shocking deal of their own by landing Paul Pierce.
Pierce, a 10-time all-star and likely Hall of Famer, agreed to sign a two-year deal for the full mid-level exception worth $10.8 million, according to a multiple people with knowledge of the situation. He has a player option for the second year.
The 36-year-old Pierce spent the first 15 years of his career with the Boston Celtics, winning a championship in 2008, and his former teammate and current Wizards assistant Sam Cassell played a huge role in recruiting him to Washington. He averaged a career-low 13.5 points last season in Brooklyn but gives the Wizards a proven big-game performer and another veteran mentor to help expedite the progression of franchise building blocks John Wall and Bradley Beal.
No. 4: Deng the next domino? — Ariza, James and Paul Pierce have found new homes, while Parsons will either be a member of the Dallas Mavericks or Houston Rockets when the clock strikes midnight on Sunday. But where does Luol Deng land in this game of small forward musical chairs? The Miami Heat have been trying hard to make him James’ replacement and stay near the top of the Eastern Conference, but other teams (Atlanta, Dallas and Phoenix) are still in the mix for Deng, as ESPN’s Marc Stein reported late Saturday:
Sources say it’s possible Wade’s looming deal with the Heat might not be finalized until next week while negotiations with Deng continue. But Miami’s current aim is assembling a core that features Wade and Bosh with newcomer Josh McRoberts and Deng if they can complete a deal with the former Chicago Bulls All-Star.
Dallas and Atlanta remain interested in Deng as well, with sources saying Saturday that the Phoenix has also jumped into the mix for Deng, who was traded from Chicago to Cleveland in January after years of trade rumors.
SOME RANDOM HEADLINES: The Nets could still be a playoff team this season, but championship dreams are basically out the window … It’s a “wait ’til next year” situation in Boston … Is LeBron Melo’s Jordan? … The Thunder got what they needed in Anthony Morrow … The Kings and Isaiah Thomas weren’t on the same page.
ICYMI of The Night: After his Summer League debut, Jazz rookie Dante Exum sat down the The Starters:
VIDEO: Starters: Dante Exum