Dwight update: Not close to a trade with Rockets
Friday came and went, and just like all the other days that have passed since June 24, 2004, Dwight Howard was still a member of the Orlando Magic.
Despite the Houston Rockets using the amnesty provision to waive forward Luis Scola, there was no trade of Howard from Orlando to Houston, and sources briefed on the talks between the two sides said the teams weren’t nearly as close to a trade as many have speculated. That can change in an instant, of course, but late Friday, there was no deal.
Talks between the two sides are “not active,” one source said Friday.
“There’s nothing happening,” another source said.
The Rockets, according to a league source briefed on the discussions, are willing to take one bad contract back from the Magic, not two or three, as has been speculated. And in return, Houston will give up one of the their three first-round picks in last month’s Draft– Jeremy Lamb, Royce White or Terrence Jones –but only one.
The Rockets would be willing to send a future draft pick to Orlando –presumably the Lottery-protected first-rounder Houston received this week from Toronto for guard Kyle Lowry — and send a veteran player to the Magic, helping Orlando clear $10 to $15 million worth of cap room, in exchange for the six-time All-Star and three-time Defensive Player of the Year.
Orlando has several high-priced contracts it would like to clear if it opts to trade Howard, including forward Hedo Turkoglu (two years, $23.4 million remaining, though the last year of the deal is not fully guaranteed) and guards Jason Richardson (three years, $18.6 million) and Chris Duhon (two years, $7.2 million).
Waiving Scola, who was due $20.6 million over the next three seasons, was not done just to give Houston a better shot at Howard, according to the source. With the Rockets in full pursuit of Howard, however, keeping a high-priced player like Scola on the roster didn’t make much sense going forward — especially if Houston isn’t successful in getting Howard.