Originally posted on Pro Sports Daily  |  Last updated 7/13/12

The Houston Rockets are scrambling to clear the salary cap space required to absorb the high-priced contracts Orlando Magic general manager Rob Hennigan wants to unload to any team that takes All-NBA center Dwight Howard via trade.

The Rockets dealt point guard Kyle Lowry to the Toronto Raptors and used the amnesty provision to waive power forward Luis Scola and the three years, $21 million remaining on his contract.

Howard hasn't committed to signing a long-term extension with any team other than his preferred destination, Brookyln. The Nets and Magic couldn't agree on a trade and talks ended Wednesday, when Hennigan reportedly approached Howard about reconsidering his trade demands long enough to give the Magic's yet-to-be hired coaching staff a chance.

The Rockets' offer could involve multiple first-round picks they've received via trade, including a first-rounder in the Lowry deal, and might be able to flip multiple 2012 first-round picks: UConn guard Jeremy Lamb, Iowa State forward Royce White or Kentucky forward Terrence Jones. Houston also owns a first-round pick in 2013 from Dallas via the Lakers.

Almost as important to Hennigan is whether Houston can absorb the weight of long-term contracts he wants off the books in Orlando. Point guard Chris Duhon is owed $7.6 million over the next two seasons; Quentin Richardson is owed $5.4 million over two seasons and the albatross deals of Jason Richardson ($18.6 million through 2015) and Hedo Turkoglu ($23.6 million through 2014) are assuredly the contracts the Magic will insist on coupling with Howard.

To facilitate the deal, Orlando would have to consider accepting shooting guard Kevin Martin -- signed for only the upcoming season at $13 million -- in any trade with the Rockets.

Rockets GM Daryl Morey attempted to acquire Howard twice last season -- in December and again at the trade deadline. He also covets Lakers big men Andrew Bynum and Pau Gasol. The Rockets had agreed to a deal that would have brought Gasol to Houston last year, but the three-team deal that included Chris Paul going from New Orleans to the Lakers was vetoed by commissioner David Stern.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Greg Jennings: Ryan Tannehill has had his hands tied by coaches

Josh McDaniels 'happy' with Pats but wants to be a head coach again

WATCH: Jim Harbaugh in cleats throws out first pitch at Cubs game

Why Rickie Fowler will win the PGA Championship

Warren Sapp bitten on arm by shark

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Fitzpatrick, Jets agree to one-year deal

Baker considering removing Papelbon from closer role?

Greg Hardy struggling to find work, reportedly even in CFL

Jets players told not to discuss Ryan Fitzpatrick situation

Brock Lesnar won't be punished by WWE for UFC drug test

Report: Cowboys to be fined up to $250K for suspended players

Report: Ravens WR Mike Wallace failed conditioning test

WATCH: Kobe Bryant drives Ferrari around Italian racetrack

Terrelle Pryor shouts out Ohio State after ban ends

Justin Timberlake advocates for Memphis to join Big 12

Poll: Las Vegas residents don’t support public funds for NFL stadium

Conor McGregor talks trash to Nate Diaz on ‘Conan’

We asked Team USA: What other Olympic sport would you play?

Real Madrid can’t train at Norwegian school because of the kids

Newspaper uses Michael Jordan ‘crying face’ as image

Equipment manager Blake Griffin punched no longer works for Clippers

Report: Nicks signing one-year deal with Saints

Reds 'picking up the pace' on Jay Bruce trade talks

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

We asked Team USA: What other Olympic sport would you play?

Why Gary Bettman's CTE denial is cause for concern for NHL

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

One Gotta Go: Do NBA players really love NBA2K?

One Gotta Go: NBA players hate Facebook too

One Gotta Go: NBA players settle the fast food beef

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker