The Rockets have exercised their team options for the 2026/27 season on guards Amen Thompson and Reed Sheppard, reports Danielle Lerner of The Houston Chronicle (subscription required).
While Houston waited until deadline day to pick up those options, there was never a doubt that they’d be exercised. Both players project to be major parts of the team’s future and will have relatively team-friendly cap hits for ’26/27, with Thompson earning $12,258,609 and Sheppard making $11,108,880.
It’s a fourth-year option for Thompson, who was the No. 4 overall pick in the 2023 draft. He’ll be eligible for a rookie scale extension during the 2026 offseason and is line for a lucrative second contract after earning All-Defensive first team honors as an NBA sophomore in 2024/25. So far this season, he’s averaging 14.5 points, 5.3 rebounds, and 5.3 assists per game through four outings (33.5 MPG).
Sheppard, the third overall pick in 2024, played a very limited role as a rookie, averaging just 12.6 minutes per night in 52 games. However, he’s being counted on to take on more responsibilities this season in the wake of Fred VanVleet‘s ACL tear. In his first four games, he he averages of 10.0 points, 3.5 assists, and 3.3 rebounds in 22.5 minutes per contest, with a 36.4% mark on three-point attempts.
Because Sheppard is having his third-year option picked up, the Rockets will have one more decision to make on his rookie scale contract — his $14.04MM option for 2027/28 will have to be exercised next fall.
With Houston’s moves complete, we’re only awaiting word on Charlotte’s and New York’s ’26/27 rookie scale option decisions, as our tracker shows.