Rockets Back Out of Chuck Hayes Signing

The Houston Rockets aren’t bringing back Chuck Hayes after all—the organization’s concerns with the salary cap led them to wipe out their verbal agreement with the free agent big fella.

Hayes, 32, averaged 4.4 points and 5.8 rebounds with the Rockets during his first six seasons in the NBA.

The partially-guaranteed pact was for $1.5 million.

Per the Houston Chronicle:

“I think when we came up with the agreement, after that point, they had some other activity, the Ty Lawson trade, the Jason Terry signing,” Hayes agent Calvin Andrews said. “That put Chuck in a precarious situation. The result of that squeezed him out of the equation.

 

“They had some cap stuff they were concerned with. We didn’t get into a lot of details. It’s a tough situation. It’s very disappointing. This is the business. These things happen. […] I commend them for telling us now as opposed to dragging us through camp. We’ll explore if there are other teams interested. He wants to continue to play. There’s multiple teams that want him to join his staff, including the Rockets, if that’s what he wants to do. He wants to continue to play.”

 

“They (Rockets) know and appreciate his game more than anyone,” Andrews said in July. “It’s a great time to come back home.” […] The Rockets officially signed Jason Terry last week and now will turn their attention to signing rookie Montrezl Harrell.