Houston is exploring the trade market in search of a potential backcourt upgrade, according to Brett Siegel of ClutchPoints, who hears from sources that the Rockets have looked into what sort of return they could get for forward Dorian Finney-Smith and second-round draft capital.
A veteran three-and-D wing who signed with Houston last summer, Finney-Smith missed the first two months of the season while recovering from left ankle surgery. Since making his debut on Christmas Day, the 32-year-old has played a very limited role, logging between 13 and 18 minutes in each of his first 12 outings.
Finney-Smith has averaged just 2.9 points and 2.8 rebounds in 15.5 minutes per night so far as a Rocket, and he’s earning $12.7MM this season, with a guaranteed $13.3MM salary for 2026/27 — he’s under contract through 2028/29, but the final two years of his deal are non-guaranteed.
As a result, Finney-Smith’s value on the trade market will likely be pretty limited, though it’s worth noting that his overall impact isn’t always reflected by his counting stats. While it’s a small sample, Houston has a +9.5 net rating and a 102.1 defensive rating during his 186 minutes on the court.
Jose Alvarado of the Pelicans and Scotty Pippen Jr. of the Grizzlies are among the guards whom league personnel have identified as possible trade targets for Houston, per ClutchPoints. Siegel also mentions Bulls guards Coby White and Ayo Dosunmu as potential players of interest for the Rockets, though it would take more than Finney-Smith and second-round picks to acquire either one.
The Grizzlies haven’t given any indication they want to move Pippen, Siegel acknowledges. Additionally, any deal involving Pippen and Finney-Smith would require more outgoing salary from Memphis’ side, since the Grizzlies guard is earning just $2.3MM.
Alvarado, meanwhile, is considered the Pelican who is most likely to be dealt and has generated interest from multiple teams, including the Knicks and Pistons, Siegel writes. Atlanta and Indiana were also linked to Alvarado earlier this season.
Like Pippen, Alvarado has a relatively small cap hit ($4.5MM), so unless more pieces are added, a deal sending Finney-Smith to New Orleans wouldn’t be practical for the Pelicans, who are operating just $2MM below the luxury tax line. They don’t want to surpass that threshold or take back long-term money in a trade, per Siegel.
As the Rockets consider their options on the trade market, they’re not looking to trade veteran point guard Fred VanVleet, who is recovering from a torn ACL, and they’re also unlikely to make a move that would reduce Reed Sheppard‘s role, Siegel adds.