Ty Lawson and the Houston Rockets are holding contract buyout discussions.

The Rockets could use the savings on a possibly buyout to clear cap space to acquire other players.

Houston discussed trade-deadline deals on Lawson, but was unable to find a suitable trade. Lawson is still owed $3.2 million on his 2015-16 contract, having already been paid $9.2 million.

The Rockets are $524,000 under the hard salary cap.

Lawson's deal for 16-17 is non-guaranteed.

Lawson will need to agree upon a buyout by Tuesday to be eligible for the postseason.