Ever since the team traded away James Harden in early 2021, the primary goal of the organization has been to lose as much as possible in order to bottom out and add high end talent via the top of the draft. That process ended with a whimper this afternoon as the rockets won their third consecutive game and finished tied with the Spurs for the second-worst record. This means that their own pick in the upcoming draft could fall anywhere between 1-7 (for the time being, there is a possibility they win a coin flip with the Spurs and the worst-case scenario is pick #6). Either way, for the third straight year lottery night (May 16th) is going to be the most significant evening of the offseason for Rockets fans.
In addition to their own pick, the Rockets will also have the Clippers' first round pick which will fall somewhere between #18-#20 (i'm pretty sure it will be determined via a coin flip between the Clippers, Warriors, and Heat (assuming they win 1 play-in game and make the playoffs). They got this pick by trading Eric Gordon and Milwaukee's first round pick (which ended up being #30) in exchange. This turned out to be a very good trade for the Rockets IMO, and had the potential to be a great trade should the Clippers miss the playoffs, which was on the table all the way up to the last day of the regular season.
Outside of the draft, the Rockets have a ton of cap room and should be able to bring in multiple impactful free agents. #1 on that list just so happens to be a potential reunion with our old pal James Harden. The rumors are so loud that this could happen that I'm not even sure that it really matters how Philly's season ends, though if it ends in the second round or earlier, I think the likelihood of it happening are fairly strong. Harden isn't the player he was back when he left Houston, but he is still a fantastic offensive facilitator who would be a God-send for a young team that has no identity. And since the Rockets aren't in control of their draft pick next year (thanks Westbrook trade!), there is no reason not to try and be at least "good" next year. Aside from Harden, the list of Unrestricted Free Agents isn't anything to write home about, but due to the Rockets' vast amount of cap space, I'm wondering if it may be wise to be very aggressive in Restricted Free Agency? To that end, I really like both Cam Johnson and PJ Washington and think they both make some sense. There is also always the possibility of trading for a highly-paid star player who is unhappy in his current situation with some of the cap space. No matter how it shakes out, for the first time since the Harden trade, the Rockets should be a major player in free agency.
They are also going to get to hire a new coach as Stephen Silas was finally let go today. Names that have been mentioned as possible candidates include Nick Nurse, Ime Udoka, Kenny Atkinson, and Scott Brooks. I'm fine with any of them though I do prefer the first two options the most.
So here we are. The bottoming out era is over and the Rockets have a lot of important decisions to make before the 2023-24 season tips off in October. It will be a very eventful summer. Here's hoping it is a fun and fruitful summer and the Rockets are a much-improved team next season.