Houston just paid Harden a boatload of cash....I can't imagine they'd have enough to offer James. And if they found a way to get rid of contracts.....the bench would be D-Leaguer's and over the hill vets looking for a ring.
James is still most likely headed to the Lakers.
Yeah, I'm not convinced that Lebron comes to the Lakers. A lot will be determined by how much improvement the Lakers show over the course of the rest of the season.
The article wasn't very well written and doesn't put out much of a compelling case for Lebron to go to Houston and especially for how they can fit him under the cap. It seems to be entirely based around CP3 taking less money. But, if I understand the Rockets cap situation, he'd damn near have to play for free.
If memory serves, the reason the Warriors were able to sign KD (which the article doesn't mention) is that along with KD taking less than the max, they had some key players who were still on cap friendly deals. I don't think the Rockets have that.
So, as you point out, they'd be looking at a serious lack of depth. That, imo, would still leave the Warriors as the favorites because they have depth that Houston couldn't match and that would be very important in a 7 game series.
As for Houston being more attractive right now. Of course they are. But if the youngsters continue to develop, the addition of Lebron, especially if George comes with him, throws the Lakers right into the mix of contenders.