HOUSTON, TEXAS - OCTOBER 16: Houston Rockets owner Tilman Fertitta (2nd L) and general manager Daryl Morey look on from courtside against the San Antonio Spurs at Toyota Center on October 16, 2019 in Houston, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.

Report: Rockets owner Fertitta trying to shed salary

6 years ago
Bob Levey / Getty Images Sport / Getty

Although the Houston Rockets are in win-now mode, owner Tilman Fertitta is looking to shed salary to avoid a luxury-tax bill, league sources told CNBC's Jabari Young.

Some league executives reportedly believe Fertitta is pressuring general manager Daryl Morey to make a deal that decreases salary while simultaneously keeping the team competitive.

"He's got a new owner now," an executive told Young. "This isn't the old days with Leslie Alexander; he's with Fertitta now, who counts every penny. It's a new world there."

Houston's $139.9-million payroll is the second-highest in the league and the team currently has a projected luxury-tax bill of $482,198, according to Spotrac.

The Rockets have reportedly engaged multiple Eastern Conference teams regarding potential trades involving starting center Clint Capela. The 25-year-old is owed $14.9 million for 2019-20, the second season of a five-year, $90-million contract. Russell Westbrook and James Harden are the only Rockets players earning more than Capela this season.

Fertitta bought the Rockets in 2017 for $2.2 billion - then an NBA record - but he needed to sell $1.4 billion worth of bonds to purchase the team.

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