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Positional Needs: SF/PF
Production Needs: Another good defender in the lineup (13th in defensive efficiency).
Depending on who you ask, the Houston Rockets might not necessarily need a third star. For what it's worth, though, Rockets GM Daryl Morey seems to think the Rockets need something more, as he told Ian Thomsen of Sports Illustrated earlier this year:
We feel very comfortable that our two top players are what we need to be a championship team. And we do need someone to step into that third role. We don't have our third-best player on a championship team yet, and we need one of younger guys to develop into that -- or potentially make an addition, whether it be this year or in free agency this offseason.
Surely, the Rockets could form a great team even if Dwight Howard and James Harden were the two biggest names. More than anything else, the Rockets actually need another competent defender in the lineup, as Patrick Beverley and Howard can't do it all by themselves.
There seems to be a hole at the forward spot for an impact player to come in. While, understandably, the Rockets wouldn't pass up a chance to add an elite talent like Carmelo Anthony or Kevin Love, those aren't necessarily "needs" considering that Houston already had the fourth-most efficient offense last year.
With Omer Asik already dealt and Jeremy Lin likely next to clear the requisite cap space for a max free agent, the Rockets will need some depth in the form of a backup point guard and center. First-round draft pick Clint Capela is a stash candidate, so the Rockets may have to look to free agency to fill those voids.
Restricted free agent Chandler Parsons should be back, so the biggest hole in the starting lineup is at either forward spot (since Parsons can play both), and the biggest overall need is defense, not star power. Although, if you can get a star in the NBA, you probably shouldn't pass up the opportunity. Role-playing defenders can fill out the roster once everything else is in place, and that's likely what Houston will look to do this offseason.