Report: Rockets signing Montrezl Harrell, will be hard-capped
The Houston Rockets have finally decided what to do with second-round draft pick Montrezl Harrell.
After a strong summer league performance, and after Harrell saved a woman in an overturned car by pulling her out, the Rockets have decided to sign Harrell, according to a recent report.
Part of the hesitation on signing Harrell may have had something to do with Houston's financial situation. While the terms of Harrell's deal are unclear, the Rockets may now be hard-capped, limiting their ability in other signings and trades.
Here's more from Dan Feldman at ProBasketballTalk.com:
"Unless the Rockets make another major move before executing this contract, they’ll be bound by the hard cap this season. Houston used part of its mid-level exception – less than the value of the non-taxpayer MLE – to re-sign K.J. McDaniels. Because contracts signed through the minimum-salary exception are limited to two years, the Rockets will have to use the MLE to sign Harrell. Even if Harrell gets a minimum salary, that would push Houston into taxpayer-MLE range – triggering the hard cap."
(h/t ProBasketballTalk)
