That could mean trading point guard Jeremy Lin or center Omer Asik to a team with cap space for no immediate return. That is a nice way to say dumping an $8,374,646 million salary, the amount both Lin and Asik are due in the second season of their identical three-year, $25.12 million contracts.
They could waive sixth man Carlos Delfino ($3 million) or reserve point guard Aaron Brooks ($2.5 million), both of whom have June 30 deadlines before their salaries become guaranteed, meaning a decision would have to be made before the Rockets are allowed to meet with Howard. The nonguaranteed salaries of young projects Tim Ohlbrecht ($788,872) and James Anderson ($916,099) could also create the necessary space depending on where the cap falls, although the Rockets would pick up a cap hold of $490,180 in the process if they cut both because their roster would dip under 12 players. A salary-dump deal that would send 2012 No. 5 overall pick Thomas Robinson ($3.53 million) to his third team is another alternative.
A much less attractive option than finding an under-the-cap trade partner to take on the contract of Lin or Asik: Waiving one of them and using the stretch provision.