From my understanding the Rockets can use their team option on him in 2014/15 to get him super cheap, but he then becomes and unrestricted free agent in 2015/206.
Alternatively they can forgo the team option and give him a qualifying offer, making him restricted immediately. This puts them in a pickle because they can't afford to pay him big money in 2014/15 with Lin and Asik still on the books. Obviously Morey has been looking for a sucker team to take Asik or Lin, and no one has bit.
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