Quick: Over the cap and hard-capped by the Christian Wood sign-and-trade.
Salary Cap: $109,140,000
Luxury Tax Threshold: $132,627,000
Hard Cap: $138,928,000
Projection for 2021-22 ($112,414,000 cap): Over the cap
NBA Draft: No. 2, No. 23 from the Portland Trail Blazers (Robert Covington), No. 24 from the Milwaukee Bucks (PJ Tucker); No. 31 to the Bucks
Unsigned Draft Picks
- First-rounders: None
- Second-rounders: Yusuf Sanon (2018-44th), Serhiy Lishchuk (2004-49th), Venson Hamilton (1999-50th)
Roster Count: Six guaranteed, three non-guaranteed, one team option
PG: John Wall, DJ Augustin, Avery Bradley (TO)
SG: Kevin Porter Jr, Eric Gordon, Danuel House
SF: KJ Martin, Khyri Thomas
PF: Jae’Sean Tate
C: Christian Wood
Note: Teams often adjust their depth chart throughout the season, sometimes game by game.
- Trade Exception (Austin Rivers, expiring 8/11/21) — $2,174,318
- Trade Exception (Russell Westbrook, expiring 8/31/21) — $103,894
- Trade Exception (James Harden, expiring 11/20/21) — $5,019,920
- Trade Exception (Rodions Kurucs, expiring 2/5/22) — $1,780,152
- Trade Exception (Victor Oladipo, expiring 2/11/22) — $8,180,351
- Projected Non-Taxpayer Mid-Level Exception — $9,536,000
- Projected Bi-Annual Exception — $3,732,000
Non-Guaranteed Salaries — Next Cut-Down Date*
- KJ Martin $1,517,981 — 7/31/21
- Khyri Thomas $1,762,796 — 1/7/22
- Jae’Sean Tate $1,517,981 — 1/7/22
* Teams and players can agree to push back cut-down dates but not past January 7 each year.
- Avery Bradley $5,916,750 (team)
Free Agents (with Cap Holds)
- Full Bird: Kelly Olynyk ($24,357,333), Dante Exum ($18,240,000), DJ Wilson (RFA, $13,644,840)
- Early Bird: David Nwaba ($1,669,178)
- Non-Bird: Avery Bradley ($6,762,000 on opt out), Sterling Brown ($1,669,178), Anthony Lamb (two-way, RFA), Armoni Brooks (two-way, RFA), Michael Frazier*** (two-way)
*** Cannot be included in a sign-and-trade
- DJ Wilson $6,422,171
- Anthony Lamb (two-way with $50,000 guaranteed)
- Armoni Brooks (two-way with $50,000 guaranteed)
Rookie-Scale Extension Eligible
- Kevin Porter Jr (fourth-year)
Waived Players: None
Traded Players: None
G-League Affiliate: Rio Grande Valley Vipers (general manager Jimmy Paulis, head coach Matt Brase)
Two-Way Contracts: None
Note: Two-Way Contracts pay $449,115 for the full 2020-21 season, pro-rated based on in-season signing date. Once a player reaches 50 games played, his salary will jump to the minimum for his years of service. TBD for 2021-22.
Governor: Tilman Fertitta
- Rafael Stone — general manager
- Eli Witus — executive vice president of basketball operations and assistant general manager
- Keith Jones — senior vice president of basketball operations
Head Coach: Stephen Silas
Assistants: John Lucas, Jeff Hornacek, Will Weaver, Rick Higgins, DeSagana Diop
Trainers: Jason Biles (head athletic trainer/director of athlete care & science, Willie Cruz (director of athletic performance)
- 2022 — Owed a first-rounder from the Brooklyn Nets (James Harden).
- 2022 — Owed a first-rounder (top-16 protected through 2022, top-18 protected through 2024, top-13 protected in 2025, top-11 protected in 2026, top-9 protected in 2027, otherwise conveys as 2027 second-rounder) from the Detroit Pistons (Christian Wood).
- 2022 — Houston has the right to swap first-rounders with the Miami HEAT (Victor Oladipo). The Rockets get the higher two of the Brooklyn Nets, Heat (top-14 protected) and Rockets. If Miami’s protections kick in, Houston will keep both the Nets’ and their own firsts, and will instead get the lower of the Denver Nuggets or Philadelphia 76ers’ 2022 second-rounder.
- 2022 — Owe a second-rounder to the Cleveland Cavaliers (Alec Burks).
- 2023 — Owed a first-rounder from the Milwaukee Bucks (PJ Tucker).
- 2023 — Owed a first-rounder (lottery protected in 2023, top-12 in 2024, top-10 in 2025, top-8 in 2026, otherwise converts to 2026 and 2027 second-rounders) from the Washington Wizards (John Wall).
- 2023 — Can swap first-rounders with the Brooklyn Nets (James Harden).
- 2023 — The higher second-rounder from the Miami HEAT and Dallas Mavericks to the Oklahoma City Thunder. The higher of (the lower second-rounder from Miami and Dallas) and the Houston Rockets (33-60) goes to the Boston Celtics. The pick that does not go to Boston (including Houston 31-32) goes to the Pacers (Josh McRoberts, Delon Wright, Bruno Caboclo, Desmond Bane, James Johnson, James Harden). The Thunder may send their resulting second to the Celtics (Kemba Walker).
- 2024 — Owed a first-rounder from the Brooklyn Nets (James Harden).
- 2024 — Owed second-rounder from the Golden State Warriors (Eric Paschall, Clint Capela) in 31-55 range, otherwise to the Cleveland Cavaliers (Kevin Porter Jr).
- 2024 — Owe a first-rounder (top-four protected, otherwise converts to 2024 and 2025 second-rounders) to the Oklahoma City Thunder (Russell Westbrook).
- 2025 — The Oklahoma City Thunder can swap first-rounders, provided the Rockets’ selection is 11-30 (Russell Westbrook).
- 2025 — The Rockets can swap first-rounders with the Brooklyn Nets (James Harden). May be the Oklahoma City Thunder or Rockets first swapped to Brooklyn (Russell Westbrook).
- 2026 — Owed a first-rounder from the Brooklyn Nets (James Harden).
- 2026 — Owe a first-rounder (top-four protected, otherwise converts to a 2026 second-rounder and a payment of $1 million) to the Oklahoma City Thunder (Russell Westbrook).
- 2027 — Can swap first-rounders with the Brooklyn Nets (James Harden).
- 2027 — Owe a second-rounder to the Oklahoma City Thunder (Christian Wood, Hamidou Diallo).
Cash Paid ($5,617,000 max): $4.6 million to the Detroit Pistons (Christian Wood); $1 million to the Sacramento Kings (KJ Martin) — $17,000 remaining
Cash Received ($5,617,000 max): $0
- 7/29/21 — NBA Draft.
- 7/31/21 — KJ Martin’s $1,517,981 guarantees for the 2021-22 season (two days before the start of the 2021-22 moratorium).
- 7/31/21 — Team option deadline for Avery Bradley.
- 7/31/21 — Qualifying offer deadline for DJ Wilson.
- 8/1/21 — Final Day of 2020-21 season.
- 8/2/21 — Start of 2021-22 season and moratorium.
- 8/6/21 — Final day of 2021-22 moratorium.
- 8/11/21 — Austin Rivers trade exceptions expires.
- 8/12/21 — No-trade restriction lifts on Khyri Thomas.
- 8/13/21 — Bruno Caboclo’s $2,283,034 guarantees for 2021-22.
- 8/31/21 — Russell Westbrook trade exceptions expires.
- 10/31/21 — Team option on Kevin Porter Jr.
- 11/20/21 — James Harden trade exception expires.
- 1/7/22 — Khyri Thomas’ $1,762,796 guarantees for 2021-22.
- 1/7/22 — Jae’Sean Tate’s $1,517,981 guarantees for 2021-22.
- 2/5/22 — Rodions Kurucs’ trade exception expires.
- 2/11/22 — Victor Oladipo trade exception expires.
- 6/29/22 — Player option on John Wall.
- 6/29/22 — Team option on Jae’Sean Tate.
- 6/29/22 — KJ Martin’s $1,782,621 guarantees for 2022-23 (two days before the start of the 2022-23 moratorium).
- 7/1/22 — DJ Augustin’s $7,333,333 guarantees for 2022-23.
- 8/1/22 — Khyri Thomas’ salary guarantees at $300,000.
- Before the first day of 2022-23 season — Extension deadline for Kevin Porter Jr.
- Before the first game of the 2022-23 season — Khyri Thomas’ $1,910,860 guarantees for 2022-23.
- 1/7/23 — Jae’Sean Tate’s $1,782,621 guarantees for 2021-22.
- 6/28/23 — Eric Gordon’s $20,917,02 guarantees for 2023-24*.
- 6/29/23 — Qualifying offer deadline for Kevin Porter Jr and Jae’Sean Tate
- 6/29/23 — Team options on KJ Martin and Khyri Thomas.
- 6/29/23 — KJ Martin’s $1,930,681 guarantees for 2023-24
- 8/1/23 — Khyri Thomas’ salary guarantees at $339,946
- Before the first game of the 2023-24 season — Khyri Thomas’ $2,165,298 guarantees for 2023-24.
Teams and players can renegotiate guarantee dates but no later than January 7 each year.
* Eric Gordon’s 2023-24 salary guarantees in full if he’s named an NBA All-Star before the 2023-24 season, or the team wins a championship before the 2023-24 season, provided Gordon plays in at least 500 regular season minutes or in 750 minutes combined over the regular and postseason.
- 6/22/21 — Received the No. 2 pick in the NBA Draft Lottery.
Note: Players can waive their trade bonuses.
Expired 10-Day Contracts: None
Arena: Toyota Center
Salary and team data change quite often. If you notice a discrepancy, please notify Basketball Insiders Senior Writer Eric Pincus.
(Updated on 7/2/21)