Now that the trade deadline is over and the expiring contract of Jared Jeffries has morphed from asset to sunk cost, Alan Hahn of Newsday is reporting that the Rockets and Jeffries are working on a buyout of his contract. Jeffries has played in just 18 games this season and has no role going forward with the Rockets becoming more and more of a rebuilding team.
He’s expected to have a strong interest in signing with the Knicks, who can use all the bodies they can get after swinging the massive Carmelo Anthony trade earlier this month. Jeffries was with the Knicks in 2010 before coming over in the Tracy McGrady deal. It’s unknown if there will be any other suitors for Jeffries once he hits the open market.
No word on who the Rockets would sign with the free roster spot, but they’ve probably got their eye on a couple of NBDL players.