Rockets land 2022-23 contract option on Jae’Sean Tate
Unsurprisingly, the Rockets are choosing the final-year option on all-around forward Jae’Sean Tate’s contract, as veteran batsman Jonathan Feigen of the Houston Chronicle first reported.
The 2022-23 season is the last year of the original NBA contract Tate signed with the Rockets in 2020 as an international free agent, so it’s at an extremely cheap rate of around $1.8 million. That salary is an absolute bargain for Tate’s production, so it was a no-brainer for Houston general manager Rafael Stone to stay the course.
The Rockets are eligible to discuss a contract extension with Tate this offseason, but it remains to be seen how aggressively they will bid, as they are currently positioned to have significant salary cap space in the 2023 offseason. They could wait until 2023 to decide on his next contract, as he is currently set to have a very low cap, and Tate will be a restricted free agent with bird rights – giving the Rockets every opportunity to retain him, if they wish. do it.
Tate, who was a first-team All-Rookie in 2020-21, averaged 11.6 points (50.1% FG, 31.0% on 3-point range), 5.4 rebounds and 2.7 assists in 27.7 minutes per game over two seasons at Houston. The 26-year-old is one of the Rockets’ most valuable defensive players and a respected team leader, even at this very early stage of his NBA career.