The Grizzlies will receive a potential second-round pick swap as well, with Memphis having the choice to trade the least favorable of the Mavericks’ and Heat’s 2023 selections for Houston’s 2023 second-rounder as long as the Rockets’ pick isn’t No. 31 or 32, a source tells Wojnarowski (Twitter link).
Bell, 25, came to Houston in the four-team trade that was completed last night. He appeared in 27 games for the Timberwolves this season, averaging 3.1 points and 2.9 rebounds per night.
Caboclo, 24, was in his second season in Memphis, averaging 2.8 PPG and 2.0 RPG in 22 games. He was in training camp with Houston in 2018, but was waived before the start of the season.
The Rockets have been targeted Caboclo for a while and believed they had a good chance to acquire him on the day Gary Clark was waived last month, according to Jonathan Feigen of The Houston Chronicle (Twitter link).
Both teams will generate trade exceptions for their outgoing players and add their incoming players under the minimum exception, tweets Jeff Siegel of Early Bird Rights. Bell is making $1,620,564 this season, while Caboclo earns $1,845,301.