JULY 10TH: The Blazers have formally finalized their acquisition of Robinson from the Rockets, according to team owner Paul Allen (via Twitter). The picks being sent to Houston will be a 2015 second-rounder from the Wolves or Nuggets (whichever pick is higher) and a 2017 second-rounder from the Blazers, tweets Jonathan Feigen of the Houston Chronicle.
JUNE 30TH: The Trail Blazers have agreed to acquire forward Thomas Robinson from the Rockets, according to Adrian Wojnarowski of Yahoo Sports. The deal allows Houston to clear enough cap space in order to offer a maximum contract to Dwight Howard.
Portland will send the Rockets the draft rights to Kostas Papanikolau and Marko Todorovic and two future second-round picks, league sources said. With the forward's salary now off of the books, the Rockets can offer Howard a four-year deal worth roughly $88MM in their meeting later tonight.
Robinson earns $3.5MM next season — not an unreasonable amount for a player with his potential, but too much for the Rockets as they need to squeeze in a max contract for this summer's top available big man. Houston also cut Aaron Brooks and Carlos Delfino loose last week in order to carve out space for D12.
The fifth overall pick in the 2012 draft averaged 4.8 PPG and 4.5 RPG in limited playing time last season. This is his second trade with the first coming at the deadline earlier this year, sending him from Sacramento to Houston.