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July 15, 2014 Updates

Emiliano Carchia: Rockets first offer to Kostas Papanikolaou was $4M in two-years. Considering Papanikolaou has to pay part of buyout he turned it down. Rockets will likely make a new proposal to Kostas Papanikolaou who was a $1.5M buyout and he has to pay for it around $900k. Twitter @sportando

The New Orleans Pelicans announced today that the team has acquired Omer Asik, Omri Casspi and cash considerations from the Houston Rockets in a three-team trade that sends Alonzo Gee, Scotty Hopson and the Pelicans’ protected first round pick in the 2015 NBA Draft to the Rockets and Melvin Ely to the Washington Wizards. As part of the three-team trade, the Rockets have acquired Trevor Ariza from the Wizards. NBA.com

David 'Dubi' Pick: "This is a big season for my career, it's important that I play," Omri Casspi said upon arrival in Israel. New Orleans isn't the best situation for me. We'll finalize terms of split," Omri Casspi added. Twitter @IAmDPick

Houston Rockets General Manager Daryl Morey announced today that the team has completed a three-team deal with Washington and New Orleans. The Rockets will receive Trevor Ariza in a sign-and-trade from Washington, as well as Alonzo Gee, Scotty Hopson, and a valuable 2015 protected first round draft pick from New Orleans. This first round draft pick is a near guaranteed lottery pick structured like the Toronto Raptors first round pick that was the key to the James Harden trade. The Rockets will send center Omer Asik and forward Omri Casspi, and cash considerations to New Orleans. NBA.com

Washington Wizards President Ernie Grunfeld announced today that the team has completed a three-team trade with Houston and New Orleans. As part of the deal, the Wizards will sign free agent forward Trevor Ariza and send him to the Rockets, netting them a trade exception and center Melvin Ely. NBA.com

Both Parsons and Daryl Morey, Houston’s GM, have told me that Parsons had asked if it were possible to get an immediate raise over the last two years of his contract, so he was clearly frustrated working on perhaps the best bang-for-the-buck contract in the NBA. Grantland

Free agent Joey Dorsey has agreed to a two-year, $2 million deal with the Houston Rockets, league sources told Yahoo Sports. Dorsey, a 6-foot-9, 275-pound center, will play a backup role to All-Star Dwight Howard. Yahoo! Sports

Jonathan Feigen: Guaranteed. RT @blwarren: @Jonathan_Feigen @WojYahooNBA Gotta assume the Dorsey deal is non-guaranteed, right? Twitter @Jonathan_Feigen

Jonathan Feigen: Rockets also in talks with Kostas Papanikolaou. Deal not complete. Waiting for me to be able to correcly spell Papanikolaou without checking Twitter @Jonathan_Feigen

 

THE TOP 50 PLAYERS IN ROCKETS HISTORY

Average height of the main three players is 6-foot-10. It's truly a big man franchise.

   

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