The Houston Chronicle reports
Scola reached agreement with the Rockets on a new five-year deal Thursday, and was happy to share how thrilled he was with the news.
“I feel great. I feel great,” Scola, 30, said. “I’m going to be in the place I wanted to be. I’m so happy.”
A day after announcing they would match the offer sheet received by guard Kyle Lowry, the Rockets reached an agreement with Scola on a contract that will be worth $47 million over five seasons, a person with knowledge of the agreement said Thursday.
Link – Jonathon Feigen article on Scola – click here
Good signing for Houston.
I thought they made a mistake by not being more proactive signing in Scola early in free agency. Once teams like the New Jersey Nets missed out on their top targets, and second choice targets, they turned their attention to Scola and I think that drove up Scola’s price forcing the Rockets to spend more than they would have had to earlier in free agency. Or at least, that was my impression of the situation.
I thought Scola was worth around $40 million over five years. The Rockets paid more than that but they didn’t have much of a choice and for the time being at least that is a good contract. Scola is worth about $10 million a year in present ability. However, the question is, at 30 years of age how well is Scola going to be able to play near the tail end of that contract? So those final couple of years are going to be dicey since the Rockets overpaid a bit.
I have read elsewhere that the final year of Scola’s contract may be non-guaranteed or partially guaranteed (update: Feigen’s article linked above confirms this). If accurate, that would wash all of my concerns away + make Scola a terrific trade asset (similar to Dampier) in that final year of his contract.
First Note: Houston has an offer out to Brad Miller for part of their MLE or their LLE. He hasn’t made a decision yet but it looks likely that he’ll be joining the Rockets over the next few days.
Second Note: Scola averaged 19 and 9 while shooting 52% from the field over the final 30 or so games of the regular season after the Carl Landry trade.
Now, he’s not going to do that with Yao back but Scola is a legitimate third or fourth scoring option + a double double machine + plays solid defense. Those players are very valuable.