Victor Oladipo turned down a two-year extension offer worth $45.2M from the Houston Rockets.
Oladipo is in the final year of a four-year $85M contract he signed with the Indiana Pacers and is eligible to sign an extension deal. He was traded to the Rockets last January as part of the deal that is four-team delivered James Harden towards the Brooklyn Nets.
Seeking a lengthier Deal
Victor Oladipo refused a two-year, $45.2M contract extension through the Rockets, per @wojespn
Dipo is anticipated to pursue a longer-term deal pic.twitter.com/bcQ7RoRCtA
— Bleacher Report (@BleacherReport) March 1, 2021
Oladipo rejecting the offer didn’t come as a shock because the 28-year old is pursuing a lengthier deal. The Rockets’ offer ended up being probably the most the franchise can offer Oladipo, per league CBA, ahead of the end regarding the season that is regular. A four-year $113M extension after the conclusion of the season but before the start of free agency, Houston will be eligible to offer Dipo. The Rockets can dangle a four-year $151M deal or a five-year extension worth up to $195M.
By during the free agency period rejecting Houston’s offer, Oladipo has a chance to become one of the biggest two-way agents that are free following the period. Groups just like the Miami Heat and brand new York Knicks demonstrate desire for Oladipo and both united teams have the salary cap to offer him a max contract during the offseason. The Rocket can offer oladipo a still longer deal following the period, because the CBA provides. But, they might wind up trading Oladipo ahead of the trade due date as opposed to risk nothing that is getting return in free agency.
The former no. 2 pick of the 2013 NBA Draft by the Orlando Magic is averaging 18.9 points, 4.9 rebounds, and 4.8 assists per game in 13 games since being traded to the Rockets. He was the NBA’s Most Improved Player winner in 2018 while also making All-NBA team that is third All-Defensive 3rd team that period. Oladipo made back once again to back All-Star game appearances in 2018 and 2019. He missed a third All-Star selection this past year he injured in 2019.
49-Point as he was rehabbing his quadriceps tendon which Loss, 11-Game Losing Streak
The Rockets just lost by 49 points (!!) to run their losing streak to 11 games.https://t.co/e1zGvpOd16
— Sportsnet (@Sportsnet) March 1, 2021
As for Houston, the Rockets are a mess right now. After a start that is good the post-James Harden age where they won seven games during an eight game span, accidents to Christian Wood, John Wall, and Oladipo have actually placed them in severe difficulty. Including Sunday’s game from the Memphis Grizzlies, Houston has now dropped 11 right games, the losing streak that is longest in the NBA this season and the Rockets’ longest since December 2001.
The loss to Memphis was the worst, not just of their current skid but of the season that is entire. Houston destroyed by 49 points, the margin that is third-largest of ever in the history of the franchise. The Rockets scored just 84 points, their point total that is lowest since November 8, 2018. The team shot 4-45 (8.9%) from behind the arc that is three-point 23-83 (27.7%) from the floor.(*)The BetOnline App has Houston with the worst odds to win the Southwest Division at +2500 after winning the division title in each of the last three seasons. At 11-21 the Rockets have the record that is second-worst the Western Conference plus they are 6.5 games behind 8th destination. Houston has made the playoffs within the last few eight periods but that streak is in grave threat of closing this season.(*)