Stephen Silas Rockets Contract: A Closer Look
The Houston Rockets have made headlines recently with their acquisition of Stephen Silas as their new head coach. Silas comes with an impressive resume, having spent 20 years in the NBA as an assistant coach, working with some of the league`s biggest names such as LeBron James and Stephen Curry. With this impressive track record, it`s no wonder that Silas` contract with the Rockets is generating a lot of buzz.
So, just what is Silas` contract with the Rockets all about? Let`s take a closer look.
Terms of the Contract
According to reports, Silas has signed a four-year deal with the Rockets that will see him earn an average of $5 million per year. While this may not be as much as some of the league`s highest-paid coaches, such as San Antonio Spurs` coach Gregg Popovich, it is still a considerable amount of money.
One interesting aspect of Silas` contract is the inclusion of an opt-out clause after the second year. This means that if the Rockets aren`t happy with Silas` performance after two seasons, they have the option to terminate his contract without having to pay out the remainder of his deal.
The opt-out clause is not uncommon in the NBA, and it can be seen as a win-win situation for both the team and the coach. If the Rockets are happy with Silas` performance, they can keep him on board for the full four years. If, on the other hand, things don`t work out, they can part ways without having to pay out a large sum of money.
What This Means for the Rockets
The Rockets have been going through a period of change in recent years, with the departure of key players such as James Harden and Russell Westbrook. The appointment of Silas is seen as a step in the right direction, as the team looks to rebuild and move forward.
Silas` experience as an assistant coach means that he has learned from some of the best in the business. His time working with stars such as James and Curry has also given him a unique insight into what it takes to build a championship-winning team.
The inclusion of the opt-out clause in Silas` contract means that the Rockets are hedging their bets somewhat. If Silas can help the team rebuild and turn their fortunes around, they will be more than happy to keep him on board for the full four years. If things don`t go as planned, however, they have an exit strategy already in place.
The Stephen Silas Rockets contract is an interesting case study in the world of NBA coaching contracts. While Silas` salary may not be as high as some of the league`s biggest names, it is still a considerable sum. The inclusion of the opt-out clause shows that the Rockets are serious about rebuilding, but they are also hedging their bets somewhat.
Only time will tell how things will work out for Silas and the Rockets. But with his impressive track record and the support of the team behind him, there is every reason to believe that he can lead the Rockets to success in the years to come.