I do not get this trade at all Howard says if he goes there he's not signing an extension and they'll just be renting him. How does this make sense for the Rockets?!?
If they get his rights, they stand a chance of re-signing him, at least. He'd be leaving millions of dollars on the table if he left the team he's on by the end of this season. Further, his prefered destination seems less and less likely to be available, so if Brooklyn is out of the running, the Rockets will at least have had a whole season to work on convincing him to take the money and stay in Houston.
If it doesn't work out, the Rockets will simply suck the next year and be in position for Jabari Parker or Andrew Wiggins if he reclassifys. Sounds like a win-win to me, and certainly beats being a low lottery team with Kevin Martin and Luis Scola.