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The fascinating trade for Terrence Williams

The Rockets have assembled plenty of high-character, solid role-playing pieces. This time, they’re rolling the dice with some raw talent.

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Terrence Williams

Terrence Williams comes with some baggage, but he also packs some serious talent

The Rockets have assembled plenty of high-character, solid role-playing pieces. This time, they’re rolling the dice with some raw talent.

The Rockets completed a three-team trade today with the Lakers and Nets that sends Houston’s lottery-protected first round pick in 2012 to the Nets in exchange for 23-year old guard/forward Terrence Williams. The Rockets also have sent Jermaine Taylor and cash to the Sacramento Kings for a conditional second-round pick (that will likely never come — this was just a salary dump).

Williams, a 6-foot-6 guard/forward out of Louisville, can ball — there is a lot of upside putting on a Rockets uniform here. He has good size and tremendous athleticism. His versatility is his strength — he gets to the rim, rebounds, passes and can defend three positions.

What he can’t do is shoot. His jumper is a huge weakness — he shot just 40.1% from the field and 31% from three his rookie season. He also is a bit turnover-prone, at times playing outside of the offense in trying to make too much happen, and can take to a bad shot like a moth to the flame. His rookie season numbers remind me a bit of Ron Artest‘s rookie year with the Bulls, though they are certainly different players — Williams is a better distributor and isn’t as good defensively.

Also, the Nets didn’t give up on him without a reason. Williams has been late to several practices, shootarounds and meetings. He was suspended for two games, and when it didn’t stop, he was sent down to the D-League as punishment (and averaged a triple-double in three games there: 28.0 points, 11.3 rebounds and 10.7 assists).

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The Rockets did their research and felt comfortable bringing him in. I’m told they even had conversations with his college coach, Rick Pitino, about his history. The Rockets have been rumored in the recent past to be in pursuit of some players that have had some character issues, such as DeMarcus Cousins and Anthony Randolph, so they have a lot of confidence in the environment that their coaching staff and core group of veterans provides.

The Rockets have a lot of players that specialize in offense or defense… Williams has the potential to be a two-way player. They get younger, sleeker, more athletic in this move.

And prepare yourself: There will be dunks. Oh yes, there will be dunks. If you thought the poster production was lacking since the departure of Trevor Ariza, then Williams could be your guy. He has sick hops and can throw down with the best of them.

The Carmelo Angle
This move is likely a raising of the white flag in any Rockets pursuit of Carmelo Anthony, yet the Denver forward was the primary reason this move was made.

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It is also the most fascinating angle of the move for me.

The Nets come away with two first round picks (one from Houston, the other from LA) and have now stockpiled five first rounders in the next two years. If Anthony is willing to go to the Nets, New Jersey is in a prime position — better than the one the Knicks are in — to make a move for Anthony. That was their main goal in making this move.

The Rockets are hardly unbiased in bolstering the Nets’ chances. If Anthony goes to the Knicks, the potential value of New York’s draft pick obligations to the Rockets goes down. Keeping Anthony away from the Knicks is in Houston’s best interest. The Rockets also still hold the linchpin — the Knicks 2012 pick — which, due to the Ted Stepien rule that says teams can not trade consecutive future first rounders, is preventing New York from being able to deal their 2011 and 2013 picks. Translation: Denver is likely to be more attracted to a Nets trade offer than one from the Knicks.

My guess is they were cursing Daryl Morey’s name at Knicks central Tuesday night.

Yet, where it gets more interesting: don’t rule out the Rockets and Knicks still talking. If the Rockets free New York from some or all of those obligations, then Houston doesn’t really care if Anthony goes there or not — but for the keys to the cuffs the price likely starts at Times Square.

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Taylor to the Kings
Taylor was not available to the media, but he was cleaning out his locker and saying his goodbyes to his teammates after the Rockets 118-105 win over his “new” team, the Sacramento Kings. “See you Saturday,” said Taylor to Luis Scola after Tuesday night’s game, referring to this weekend’s game in Sacramento.

Taylor is a good kid who worked hard, however I do feel bad for those who pumped up Taylor’s great promise for the Rockets. That was just never really the case… at least not since early in his rookie season. The team saw good things in him when he was drafted but felt early on that he didn’t grasp the offensive scheme and team game concept (though he did seem to be getting better there). I wish him the best of luck with the Kings.

This also appears to be another instance where the Rockets used NBA playing time to showcase a player for a deal. They did it with Tracy McGrady, who was not in the plans, and seemed now to do it with Taylor, who had just been moved to the rotation.

What’s Next?
I fully expect another trade in the next eight weeks. Williams isn’t Taylor where the team can get away with planting him on the pine for 48 — he is a rotation player, plain and simple. The problem is the Rockets rotation is already two deep at each of the three perimeter spots… or at least it will be when Aaron Brooks returns from injury. Something will have to change.

Yet, there is no obvious next move. Does Williams play at the three, making either Shane Battier or Chase Budinger expendable? Or do the Rockets start Kyle Lowry, using a platoon of Courtney Lee and Ish Smith as the backup point, and move out Brooks?

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Conclusion
This is a classic Morey move: BUY LOW. The Rockets did not have a first round pick in the 2009 NBA Draft, yet just 18 months later they’re holding two lottery selections from that year (Jordan Hill was taken by the Knicks at #8 and Williams was #11 by the Nets). In both cases, Morey took advantage of those teams’ desires for flexibility to attract a star player by taking their “disappointing” lottery pick off their hands.

There is definitely risk here, but like most Morey moves — how can you argue with the price? The pick the Rockets gave up has lottery protection throughout, meaning it will most likely be a mid to late first rounder, and in Williams you’re taking a chance on lottery-caliber talent.

Still, the Rockets are long overdue to sacrifice some depth for a starter upgrade. I anticipate that type of deal before this February’s trade deadline.

All in all, I like this move. Once upon a time the Rockets scooped up a guy with some character issues in Vernon Maxwell at a bargain price (just cash), and I’d say it paid off. This move isn’t the one that catapults the Rockets to championship contention, but it is a shrewd gamble with a similarly high ceiling on the reward.

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Armed with a bizarre fascination for Mario Elie and a deep love of the Houston Rockets, Dave Hardisty started ClutchFans in 1996 under the pen name “Clutch”.

Analysis

‘He’s a winner’: In Houston debut, Dorian Finney-Smith makes a clear impact

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Photo via Rockets.com, Houston Rockets

The sample is small, but the results are hard to deny.

In his first three outings with the Rockets, veteran forward Dorian Finney-Smith is already making a significant impact.

After struggling defensively for much of December, Houston (20-10) is back in the NBA’s top five in defensive rating over its past three games.

All three were commanding victories, starting with a road victory on Christmas over the Los Angeles Lakers, and they all came with Finney-Smith as a new addition to the rotation. Though he signed with the Rockets in July, Finney-Smith sat out the first 27 games of the 2025-26 regular season due to offseason ankle surgery.

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In 45 minutes over those three games, the Rockets have a +21.0 net rating differential with Finney-Smith on the floor. By defensive rating, they are 14.3 points better when he plays.

Offensively, the versatile 6-foot-7 forward is making 42.9% of his 3-pointers, and that’s coming off a 2024-25 campaign in which he shot a career-best 41.1% from distance (with the Los Angeles Lakers and Brooklyn Nets).

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“He’s an underrated feel-for-the-game guy,” Pacers head coach Rick Carlise said prior to Houston’s victory over Indiana on Monday night. “He’s a quiet connector for a team. He’s about all the right stuff. He’s a winner.”

Carlisle previously coached Finney-Smith for multiple seasons with the Dallas Mavericks.

“It feels amazing,” Finney-Smith said of his health and how he’s currently feeling. “Just happy to be out there. Once I’m on the court, I don’t feel anything. Winning is the most important thing, and I’m just grateful to be out there.”

Ime Udoka, head coach of the Rockets, pointed to “more versatility” as one of the primary benefits of Finney-Smith’s return.

“He is a seasoned veteran, high IQ, and communicator,” Udoka said (via Brian Barefield, Rockets Wire) “Something we have lacked at times is our communication. I think his awareness of every situation is really high. He has been around and done all those roles.”

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For the time being, Finney-Smith is limited to approximately 15 minutes per game. Prior to his three appearances in recent days, he hadn’t played in an NBA game since last April, so the Rockets will be understandably cautious as they ramp up his activity.

But that minutes limitation is expected to gradually increase over the weeks ahead, and the Rockets are hopeful that Finney-Smith will be a major contributor by the time the 2026 Western Conference playoffs begin in April. Ideally, he can replace much of what the Rockets lost when they sent Dillon Brooks to the Phoenix Suns in the Kevin Durant trade.

“Whether it is off the bench or starting, he gives us a little more depth at the wing, and he can guard up or guard down,” Udoka says of Finney-Smith. The 32-year-old is widely known around the league for his “3-and-D” skill set on the wing, when healthy.

With an improving defense, Houston (20-10) enters calendar-year 2026 with three consecutive victories and a spot at No. 4 in the Western Conference standings. Next up is a New Year’s Day clash at Brooklyn, where Finney-Smith played for portions of the past three seasons.

Thursday’s tipoff is at 5:00 p.m. Central, and the game will be televised regionally on Space City Home Network (SCHN) and nationally via NBA League Pass.

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Analysis

Podcast: As trade season begins, will the Rockets make a splash?

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Photo by Ben DuBose, ClutchFans

In this roundtable conversation, ClutchFans Editor Dave Hardisty joins Ben DuBose and Paulo Alves to preview the NBA’s upcoming transaction window and its potential implications for the 16-7 Houston Rockets.

December 15 is when players who signed contracts in the preceding offseason become trade eligible, so the period from Monday until the in-season deadline of February 5, 2026, is likely to be among the most active on the 2025-26 calendar.

Discussion topics include roster needs and potential trade targets across the board, including the likelihood of bigger-name deals (such as Giannis Antetokounmpo, Jrue Holiday, and James Harden) and smaller acquisitions along the lines of Keon Ellis, Chris Paul, and Ayo Dosunmu.

The show also explores Houston’s potential desirability on the buyout market and the team’s long-term timeline for title contention, and specifically why those factors might make this a relatively quiet trade window for the Rockets.

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Editor’s note: Hardisty and DuBose also host regular “ClutchFans Live” postgame recap shows on YouTube, while DuBose and Alves are co-hosts of the Rockets LaunchPod podcast, presented by ClutchFans and with support from SportsTalk 790 — official flagship radio station of the Rockets. Tune in to both shows for more coverage!

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Analysis

NBA front-offices poll: Rafael Stone’s Rockets rise to No. 3

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Photo via Houston Rockets, Rockets.com

At 15-6, the Rockets are currently tied for the second-fewest losses in the Western Conference standings, and they own the NBA’s No. 2 net rating.

And yet, just two years ago, Houston was coming off three straight rebuilding seasons with the worst record in the West.

It’s been a remarkable rise under the guidance of general manager Rafael Stone, who has combined the development of young players such as Alperen Sengun, Amen Thompson, Jabari Smith Jr., and Reed Sheppard with the acquisition of impact veterans — namely, Kevin Durant, Steven Adams, and the injured Fred VanVleet.

Making matters even better, the Rockets added and developed all that talent while still retaining several high-end future draft assets, to boot. Houston believes that draft equity can make it a sustainable contender for years to come, both in terms of having desirable trade assets and an ability to replenish its roster depth in cost-efficient ways.

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With the 2025-26 regular season now at approximately its quarter pole, The Athletic recently canvassed 36 executives across the league — presidents, general managers, vice presidents, and assistant GMs — to rank the NBA’s top front offices.

Led by Stone, the Rockets’ front office comes in at No. 3, trailing only the last two champions — the Oklahoma City Thunder and Boston Celtics.

“High-end talent, a willingness to be bold, (and) good asset management,” one executive told The Athletic, when asked to sum up the Rockets.

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Houston finished with one first-place vote; six second- and third-place votes, apiece; five fourth-place votes; and three fifth-place votes.

“They have drafted well, built a deep team in a tough Western Conference while managing tax aprons,” said one executive who voted the Rockets second. “(They) hired a good coach (Ime Udoka) and built an overall team identity, then added KD for cheap. From where they were only a few years ago, they have done a good job turning it around.”

Per Sam Amick of The Athletic, Stone “values this young core greatly and has frequently resisted the temptation to reach for overpriced roster shortcuts.” Udoka has an “influential voice” with the front office, as well, Amick adds.

Amick notes that the Durant trade came at a relatively low asset cost, adding that the Rockets are uninterested in pursuing a trade with the Memphis Grizzlies for disgruntled star Ja Morant.

The Athletic’s complete front-office rankings can be viewed here. This time a year ago, in the same exercise, Houston finished in a tie for the No. 11 spot.

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Analysis

With NBA Cup run complete, Rockets add Clippers, Nuggets to December schedule

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Photo via Houston Rockets, Rockets.com

After their Emirates NBA Cup 2025 elimination, the Rockets (12-4) learned two additional December dates for their 2025-26 regular season.

As announced Saturday by the league office, the Los Angeles Clippers (5-14) will visit Houston on Thursday, Dec. 11. Tipoff at Toyota Center will be at 7:00 p.m. Central.

Meanwhile, the Rockets (12-4) will then head to Denver on Monday, Dec. 15, where tipoff versus the Nuggets (13-5) is at 8:30 p.m. Central.

During Cup games, all three of the Clippers, Nuggets, and Rockets went 2-2 in Western Conference group-stage play. Because only four teams out of the 15 in each conference advance to the knockout rounds, a 2-2 record in group games isn’t usually enough to finish among the top four, and that was again the case this year.

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To ensure that all teams play 82 regular-season games, teams who don’t advance then have two additional December games scheduled versus same-conference opponents who also did not advance.

In most cases, these add-on matchups come down to a formula. Taking Houston as an example, each season’s schedule includes two games (one home, one away) versus all East opponents and four games (two home, two away) versus most West opponents.

However, if that was the case for all same-conference opponents, the schedule would be at 86 games in length. So, there is a select group — rotating each year — of same-conference opponents on the docket only three times.

To trim down to 80 games (to account for the possibility of Cup advancement), the six West teams with only three dates on Houston’s initial 2025-26 schedule were the Clippers, Nuggets, Warriors, Oklahoma City Thunder, Minnesota Timberwolves, and Los Angeles Lakers.

Add-on games are typically chosen from that group, and the Thunder and Lakers advanced in Cup play, thus taking them off the table. So, it came down to two teams from the other four.

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Led by James Harden, the reeling Clippers have yet to play Houston this season, though they will meet again on Dec. 23 in Los Angeles.

Meanwhile, the Nikola Jokic-led Nuggets enjoyed a close Nov. 21 victory in Houston. For the Rockets, Kevin Durant and Alperen Sengun each struggled in that game.

Now, less than a month later — in a matchup that could prove pivotal in the West standings race — Durant and Sengun (assuming health) will get an opportunity to make amends.

Denver and Houston are currently tied for the No. 3 spot in the West (trailing the Thunder and Lakers), though the Rockets are technically ahead by percentage points due to playing two fewer games. Thus, that Dec. 15 rematch could have significant stakes for both sides.

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Analysis

This Thanksgiving, the Rockets are thankful for Reed Sheppard

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Photo via Houston Rockets, Rockets.com

Relative to their expected formula from the 2025 offseason, the Rockets were missing five rotation players in Wednesday’s Thanksgiving Eve playoff rematch versus the Warriors.

Kevin Durant (personal reasons), Steven Adams (right ankle tendinopathy), and Tari Eason (right oblique strain) were all sidelined, and veterans Fred VanVleet (right knee) and Dorian Finney-Smith (left ankle) remain on the shelf after offseason surgeries.

Yet, the Rockets (12-4) still won for a 12th time in 14 games, and they overcame a 14-point road deficit against a high-profile Golden State squad featuring the likes of Steph Curry, Jimmy Butler, and Draymond Green.

The biggest reason was second-year guard Reed Sheppard, who set career-highs in points (31) and rebounds (9) while making 12-of-25 shots (48.0%), including four 3-pointers.

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“He was big,” said head coach Ime Udoka, whose Rockets won despite shooting below 40% overall and 30% from 3-point range. “Reed really held us together when guys were struggling.”

For the season, Sheppard — a starter for Udoka over the past two games — is averaging 14.3 points, 3.3 assists, 2.8 rebounds, and 1.6 steals in 24.9 minutes per game. He’s shooting 48.8% overall and 45.5% on 3-pointers, with the latter figure coming in at No. 11 among hundreds of qualified NBA players.

But the advanced metrics are even more impressive. Per Basketball Reference, here’s where Sheppard ranks among his NBA peers in several impact categories:

• Box plus/minus (BPM): No. 5 (7.3)
• Defensive BPM: No. 6 (2.7)
• Offensive BPM: No. 15 (4.6)
• Win shares per 48 minutes: No. 10 (.208)
• Value over replacement player (VORP): No. 16 (0.9)
• True shooting (TS): No. 42 (62.9%)
• Player efficiency rating (PER): No. 40 (19.6)
• Steal percentage: No. 5 (3.3%)

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The only players with a superior BPM are a quartet of annual Most Valuable Player (MVP) frontrunners in Nikola Jokic, Shai Gilgeous-Alexander, Giannis Antetokounmpo, and Luka Doncic. At the moment, Sheppard is the league’s highest-rated American player!

To say the least, those are remarkable efficiency metrics for a 21-year-old in his second NBA season. And it’s not as if Sheppard is posting those in low-leverage minutes, as evidenced by the key plays he made in the fourth quarter to help put the Warriors away.

“Defensively is where he’s shown the most improvement, overall,” Udoka said from San Francisco. “I think he’s taking on the challenge. The blow-bys are getting less and less. He’s catching up with the physicality of the game. Teams are going to try to attack him, at times, but like we said last year and during this summer, make them go east and west and stay in front of them. Help will come. He’s doing a great job of that.”

Sixteen games in, it’s no longer a particularly small sample. Rounding, it’s actually 20% of the 82-game regular season!

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Assuming relative health, the 2025-26 Rockets had a high floor entering the season due to the All-Star presence of Durant and Alperen Sengun. But whether they could achieve a championship ceiling likely depended on further leaps from young players — most notably, the high-upside ones like Sheppard and Amen Thompson.

With Durant out, Thompson was the headliner in Monday’s road victory in Phoenix, and Sheppard stole the show two nights later at Golden State.

For everyone surrounding the organization, it’s an appropriate time to be thankful. With these leaps being shown from players who are extremely young and still improving, the Rockets appear set up to be a force in the Western Conference for quite some time.

“It’s going to be exciting when we get fully healthy and whole,” Udoka surmised.

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