Report: Rockets’ John Wall Exercises $47.4 Million Contract Option; Sides to Talk Next Steps | Launderer’s report

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Houston Rockets point guard John Wall has exercised his $47.4 million player option for the 2022-23 NBA season, per Shams Charania athletics and stadium.

Both parties are expected to work on a resolution to Wall’s tenure with the team, per Charania. This likely indicates that his time in Houston is still coming to an end despite his contract status.

Wall came to the Rockets from the Washington Wizards on a trade in December 2020. He has made just 40 appearances for Houston since that deal, none of which came in the 2021-22 season.

He averaged 20.6 points, 6.9 assists and 3.2 rebounds over 40 games in 2020-21.

In mid-September, he reached an agreement with the front office to stay out through the 2021-22 campaign until a trade could be found as the Rockets focused on a move. of youth, by Charania.

Wall ended up sitting out through 2021-22 as the Rockets finished 20-62.

Washington selected Wall with the first overall pick in the 2010 draft. He went on to earn five straight All-Star Game selections beginning in 2014 and helped guide the Wizards to the playoffs four times.

However, the Wizards never made it past the second round of the playoffs during the University of Kentucky product’s tenure with the franchise.

In November 2018, ESPN’s Adrian Wojnarowski reported that the 31-year-old North Carolina native was fined after he yelled “fuck you” at head coach Scott Brooks during a a workout. He then apologized to Brooks and his teammates.

While rifts had clearly started to develop within the team’s foundation, it was still a bit of a surprise when he was dealt to Houston in a major trade that saw Russell Westbrook go to the other direction.

There were no problems during his tenure in Houston.

“He’s been a rock for us,” a Rockets source told ESPN’s Tim MacMahon in September 2021. “He’s been awesome ever since he got here.”

The dynamic guard has averaged 19.0 points, 9.2 assists, 4.3 rebounds and 1.7 steals in 573 regular season appearances for the Wizards over nine more seasons.

Wall’s departure from DC also ended his efforts to spend his entire career with one team, a desire he reiterated when the trade rumors first surfaced, per Chase Hughes from NBC Sports Washington.

“I love being here,” he said in 2018.

Wall didn’t have much choice from a financial standpoint beyond exercising the option. He was worth nearly $50 million, a number he couldn’t have approached in free agency given his extended layoff.

Now the question is whether the Rockets can find a long-awaited solution to his situation, likely via a contract buyout. A trade should stay out of reach due to the very high cap, so he’ll have to sacrifice money to hit free agency and pick a new team.

Staying in Houston is a long shot because it’s not in the best interests of either party and he probably doesn’t want to sit out another full season before he hits the open market.

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