The Houston Rockets have entered into a discussion with point guard Ty Lawson regarding the possibility of a buyout, Adrian Wojnarowski of the Vertical Yahoo Sports reported on Friday.
After they went unsuccessful in trading Lawson at the trade deadline, the Rockets are exploring the idea of buying him out before March 1, which would allow the veteran point guard to be playoff eligible with his new team.
Lawson’s agent, Happy Walters, confirmed that he met with Rockets top brass to discuss his client’s future with the team, although he stressed that nothing is final.
“Yes, we have discussed a few things and we are exploring, but definitely not for sure,” Walters relayed the information to Mark Berman of Fox 26 Houston.
The Rockets are trying to unload the contracts of Lawson and another buyout candidate Marcus Thompson in an attempt to save enough cash and make a run at several free-agents on the post-buyout market.
The Brooklyn Nets have already bought out Joe Johnson from his final year of contract worth roughly $24MM, while the Minnesota Timberwolves are also looking to waive former Rockets shooting guard Kevin Martin as well via buy-out.
Lawson, who is earning $12.404MM this season (the final guaranteed year of his deal), could draw interest from the same teams that tried to acquire him at the trade deadline, namely the New York Knicks, Milwaukee Bucks and the Utah Jazz.
The Rockets acquired Lawson in an offseason trade with the Denver Nuggets, but the guard never developed a good chemistry with James Harden in the backcourt. Lawson averages 6.0 points and 3.5 assists over 51 games with the Rockets.
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