Shumpert To Rockets, Burks to Kings In 3-Team Trade

FEBRUARY 7, 11:33am: The trade is now official, the Cavaliers confirmed in a press release. Here are the full details:

  • Cavaliers acquire Knight, Chriss, the Rockets’ 2019 first-round pick, and the Rockets 2022 second-round pick.
  • Rockets acquire Shumpert, Stauskas, Baldwin, and the Bucks’ 2021 second-round pick (from Cleveland).
  • Kings acquire Burks and lesser of the Rockets’ and Warriors’ 2020 second-round picks.

FEBRUARY 7, 7:21am: The draft pick the Kings are receiving from Houston in the deal will be the lesser of the Rockets’ and Warriors’ second-rounders in 2020, tweets James Ham of NBC Sports California.

FEBRUARY 6, 8:10pm: The Cavaliers will also receive a lottery-protected 2019 first-round pick from the Rockets, relays Chris Fedor of Cleveland.com, who states that the front office is “thrilled” by what it was able to get in return for Burks.

7:25pm: The Kings, Rockets and Cavaliers have agreed to a three-team deal that will send Iman Shumpert to Houston, Alec Burks and a second-round pick to Sacramento and Marquese Chriss and Brandon Knight to Cleveland, tweets Chris Haynes of Yahoo Sports.

The Rockets will also receive Nik Stauskas and Wade Baldwin from the Cavs, adds ESPN’s Adrian Wojnarowski (Twitter link). Both guards were acquired Sunday when Cleveland shipped Rodney Hood to Portland. Houston hasn’t decided whether to keep both players for the rest of the season, according to Jonathan Feigen of The Houston Chronicle (Twitter link).

Because they were just acquired, Stauskas and Baldwin can’t be aggregated in the same trade, so the Cavaliers and Rockets will have to make two separate deals, tweets Keith Smith of Real GM. Burks will be traded for Knight, while Chriss’ $3.2MM salary will be absorbed with the TPE that Cleveland created by sending Hood to the Trail Blazers.

The Cavaliers had to include both guards to remain below the luxury tax, Bobby Marks posts on ESPN Now. They created a $1.5MM trade exception for each player and are now $1.2MM under the tax. Knight carries cap hits of $14.6MM for this season and $15.6MM for 2019/20, while Chriss has a $3.2MM expiring deal. Cleveland is dangerously close to tax territory for next season, Marks adds, hovering about $10MM below without accounting for a projected top five draft pick.

Houston will save $6.3MM in projected tax payments and bring its bill down to $6.1MM, Marks notes in a separate post. The total could drop even lower depending on what happens with $1.5MM in bonuses for Clint Capela, who is sidelined after thumb surgery. The Rockets will inherit Shumpert’s Bird rights and will sit about $4MM above the tax threshold with the addition of the three players.

The Rockets had been seeking veteran wing help and were hoping to unload the contracts of Knight and Chriss after acquiring them from Phoenix over the summer in a deal to unload Ryan Anderson‘s hefty salary. Shumpert has an $11MM expiring contract. Burks also has an expiring deal worth a little more than $11.5MM.

Photo courtesy of USA Today Sports Images.

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42 thoughts on “Shumpert To Rockets, Burks to Kings In 3-Team Trade

  1. Michael Chaney

    I love this for the Cavs. Keep stockpiling assets; taking on Knight isn’t great, but they weren’t signing anyone with that cap space anyway, so they might as well keep buying picks. Chriss could benefit from getting a lot more playing time than he did in Houston, and that first rounder has a pretty good chance of conveying this year too.

    In essence, the Cavs traded Korver for a first and two seconds, which looks better when the first rounder they still owe Atlanta for him becomes two seconds if and when it’s not in the top 10.

    • Grant

      What 1st round pick? Also both the Hawks and Cavs are in the top 10 so Im not sure about a pick becoming 2nds

      • kingcong95

        The Cavs traded a 1st for Korver that’s protected 1-10 in 2019 and 2020. If it doesn’t go to the Hawks it becomes 2020 and 2021 2nd. Check out realgm!

      • Michael Chaney

        The Cavs got a first from Utah for trading Korver. They originally traded a first to Atlanta to get Korver in the first place but it was a 2019 first that was top-10 protected this year and next; if it doesn’t go to Atlanta by then, it becomes two second rounders.

        Atlanta’s place in the standings has nothing to do with this.

  2. the dude

    The NBA knows the deadline is tomorrow right? Lol havent seen this many trades the day before on a long time.

    • Matt Galvin

      Because lots of Sellers out their and some of the Sellers are Buyers to. Also trying to compete with ÑHL because it’s going also to have lot around the 29th and MLB because Marlins Catcher hopefully gone by Weekend. But not AD or so on Star.

    • Agreed lol. I think a lot of teams are trying to get out ahead of the deadline so they aren’t being indirectly held hostage by other trade rumors (AD, Conley, Gasol, etc).

      • Matt Galvin

        Paul Gasol also on Market. Some Teams have more then one guy trying to Trade and might cost to much to buyout.

  3. Loren Polonsky

    This trade includes an all star list of players who are incredibly underproductive, overpaid and overhyped.

  4. Matt Galvin

    Good Trade for Rockets but other 2 Teams don’t Kings are in the Playoff hunt. Maybe Knight can be moved again maybe to Magic.

  5. omar jimenez

    I like these deals. Looks like everybody wins. I don’t you can say that too often. I think Alec Burks is underrated AND they get a 2nd round pick (hopefully from Cle).

    • Michael Chaney

      The Cavs have enough second rounders stockpiled that if they were the team giving one up, I doubt it would be their own (although I’m saying this before it’s reported whose it is)

  6. Karl Elze

    Wow, another shooting guard. To bad we still do N O T have a SF on the team, sigh, but by all means lets go out and get another shooting guard, sigh !!

  7. If the only pieces Cleveland are getting is Knight and Chriss, I don’t really get this deal for them. Chriss has some upside but looks more like a bust than NBA player. And I don’t know if he’s worth the additional $15m salary they picked up via Knight. If they can flip Knight for something, now or in the future, then at least they’re getting something I guess.

    • x%sure

      They better get at least a first from HOU, who picked up a productive asset for two nonassets.

    • Good deal for all sides although kind of weird for Sacramento but I guess they add a more useful rotational wing. Cleveland gets a first round pick and Houston picks up at least 1 wing player who comes off the books. Shumpert is the main draw for the Rockets but they add another shooter in Stauskas.

    • hiflew

      They picked up a first, but let’s not overreact here. It is likely a pick around #21-24 in a weak draft year. The last weak draft was probably 2016, which would make this a player akin to Malachi Richardson or Timothe Luwawu-Cabarrot.

      When you look at it like that, that 1st round pick doesn’t necessarily look as good.

      • Agreed but a first round pick is a first round pick. For a team basically devoid of talent and needing to find their next franchise player, they’ll take it.

      • oriolesravenstimberwolves04

        Picks are picks. Hard to not give them props for what they turned this garbage roster into. It’s a sellers market and they have taken advantage.

  8. kylewait89

    Surprised but happy for Shumpert. He’s helped the locker room culture in Sacramento and it’s a bummer he’s gone. I’ve heard good things about Burks but I prefer the known to the unknown.

  9. For cavs fans, don’t blink or you’ll miss seeing some of these players play in wine and gold. Sorry to see Burks go.

    • x%sure

      Cavs should use that pick for someone like him; if not RJBarrett with the first pick.

  10. David Pace

    It’s actually kind of sad that the Rockets have had to pull off this many trades, and lose this many drafts picks to essentially get rid of Ryan Anderson’s contract.

    • victorg

      exactly my point … for all the genius daryl morey talk he has made some really bad moves.

    • Michael Chaney

      It would be tough to find a team interested in parting with assets for him while also clearing out all of his money. I’d imagine they’d have to take a fair amount of salary back if they ended up moving him for anything decent.

  11. ohioplayers

    Since JR Smith’s contract for 2019-20 isn’t fully guaranteed, that may help their cap situation. They’re probably just waiting until after the season to release him in case they need his contract for salary matching

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