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Rockets Acquire Jason Terry

SEPTEMBER 17TH: The deal is official, the teams announced in separate releases. It’s Terry and a pair of second-round picks to the Rockets, and Gee and Hopson to the Kings. The Rockets get Sacramento’s 2015 second-round pick if it falls anywhere from the 31st through 49th selections, according to Houston’s statement, not the 31st through 50th, as the previous report indicated. The Knicks 2016 second-rounder that’s headed to Houston via Sacramento is indeed unprotected.

NBA: Brooklyn Nets at Detroit PistonsSEPTEMBER 8TH: The trade will include Gee and Hopson, but not Powell, Feigen tweets.

AUGUST 31ST: 5:01pm: The picks that the Rockets are receiving come with some unlikely protections, notes Jonathan Feigen of the Houston Chronicle. Houston would get Sacramento’s 2015 second-round pick as long as it falls between the 31st and 50th selections. There is no protection for the Knicks’ 2016 pick, writes Feigen. The deal will take several weeks to complete, notes Feigen, and will include other non-guaranteed contracts, likely either Scotty Hopson, Josh Powell, or both.

4:25pm: The Kings will send Houston two second-round picks in deal, including the 2016 second-rounder that was acquired from the Knicks, Wojnarowski reports (Twitter link).

4:10pm: The Kings are finalizing a deal that would send Jason Terry and a future second-rounder to the Rockets for a package of non-guaranteed contracts, including Alonzo Gee, reports Adrian Wojnarowski of Yahoo! Sports (Twitter links).

Terry had been acquired by the Kings at the trade deadline along with Reggie Evans, in exchange for shooting guard Marcus Thornton. Terry never played a game for the Kings, instead opting to rehab his surgically repaired knee in preparation for the 2014/15 season. Prior to the trade, Terry appeared in 35 games for the Nets, averaging 4.5 PPG and 1.6 APG.

Terry is on an expiring $5.85MM contract for next season, and he figures to see some minutes with the Rockets backing up both guard positions. Terry will likely be more motivated playing for a Houston squad that hopes to secure a high seed heading into next season’s playoffs, than a still-rebuilding team in Sacramento.

Photo courtesy of USA Today Sports Images.

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