Houston general manager Daryl Morey informed Asik's agent Arn Tellem of his decision on Thursday afternoon, sources said.
"This gives [Houston] a chance to buy some more time," one source involved in the deal process told Yahoo Sports.
The NBA's trade deadline is Feb. 20.
Asik has a $15 million salary-cap hit next season, and that, combined with rival teams' unwillingness to package a quality power forward with an unrestricted first-round draft pick, pushed Morey away from making what he believed would be a bad deal now.
Boston had offered Houston a package of Brandon Bass, Courtney Lee and a restricted future first-round pick, but the sides never came to terms on an agreement. Philadelphia had remained in pursuit of Asik, but Morey found no deal there, either.
Asik demanded a trade out of Houston shortly after Dwight Howard committed to signing a free-agent deal, and has been anything but patient in awaiting the Rockets to move him. Asik has been moody – even insubordinate – over the Rockets' failure to trade him, and his reaction to Houston letting its self-imposed deadline pass without a trade could have an impact within the locker room.
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- Houston Rockets
- Omer Asik
- Daryl Morey