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The following players are, at this point, completely out of the ROY race. However, under some insane circumstances, they could definitely find themselves in contention for the trophy.
Jared Sullinger (pictured), Boston Celtics: At some point in the future, Sullinger WILL be one of the league's elite big men. However, he has a long way to go before that happens. As of now, he's stuck on Boston's bench behind both Kevin Garnett and Brandon Bass, averaging just 6.1 points and six rebounds over 20.2 minutes per game.
Basically, there are two circumstances that could lead to Sullinger finding himself in line for winning Rookie of the Year. Either Bass has to get traded, or Bass or Garnett has to suffer a season-ending injury. Fortunately, the latter is unlikely to happen.
If one of those events were to occur, however, then Sullinger would get a chance to regularly post mind-blowing numbers over the rest of the season, which would allow him to compete for Rookie of the Year honors.
Realistically though, Sullinger's time is indeed coming. It just isn't this year.
John Henson, Milwaukee Bucks: If John Henson got regular playing time, he'd definitely be in the running for ROY. Per 36 minutes, he is averaging 16.8 points, 11.8 rebounds and 1.7 blocks per game. Unfortunately, the situation is that he is averaging 6.2 points and 4.3 rebounds over 13.2 minutes.
Granted, Henson COULD still be named the league's best rookie. Bucks interim coach Jim Boylan would just have to make him the team's starter at the 4, effective immediately, and Henson would have to average an epic double-double over the rest of the season. That has yet to happen—even though Henson has put up great numbers when given enough minutes—so we can only assume that the situation will remain the same.
Tyler Zeller, Cleveland Cavaliers: Zeller is now the Cavs' starting center since Anderson Varejao is out for the season, and Zeller has posted nine points and nine rebounds over his last five games. However, on the season, he has averaged just 8.3 points and 6.2 boards per game.
Long story short, there is only one way that Zeller can find himself in contention for this award. He needs to put up Varejao-like numbers every game for the rest of the season. Given that he is not physically in NBA shape yet, it's just not going to happen.