Rockets Continue To Pursue Lottery Picks

The Rockets have slowly improved their first-round assets as tonight's draft approaches, but with three picks at Nos. 12, 16, and 18, the team is still trying to move higher. TNT's David Aldridge reports that Houston offered Kyle Lowry and the 16th overall pick to Sacramento in exchange for the No. 5 pick and Chuck Hayes, but that the Kings turned down the proposal.

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Draft Rumors: Wednesday

With draft night fast approaching, our Tuesday draft rumors post seemed to go on forever, and we're expecting things to be just as busy today. Earlier this morning, we published our second and final mock draft, but given the amount of trade chatter around the league, it wouldn't be surprising if some of our predictions were rendered moot within a matter of hours. We'll follow today's draft-related news and rumors right here, with the latest updates added to the top of the page throughout the day….

  • ESPN's Andy Katz tweets that Dion Waiters could now be a possibility for the Cavaliers at the 4th pick.  If Waiters lands in the top 5, his draft stock will have shot up boards over the past few months in historical fashion.

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Rockets Rumors: Howard, Gay, Smith, Lowry

The amount of rumors circulating around the Houston Rockets is dizzying to say the least.  They currently have picks 12, 16 and 18 after making two draft-related trades in the past few days.  There are multiple rumors about them trying to move into the top five of tomorrow night's draft, most frequently being connected with the Kings at 5.  They could plan to use that pick or they could be trying to stockpile picks to make a run at Dwight Howard.  Right now, for us, it's a waiting game.  Let's round up the latest Rockets rumors here:

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Bucks Acquire Samuel Dalembert

5:01pm: The swap also includes a future second-round pick heading to the Bucks, according to the team's official PR Twitter feed.

2:31pm: The Bucks have acquired Samuel Dalembert in a trade with the Rockets, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). Dalembert heads to Milwaukee along with the No. 14 pick, in exchange for Jon Brockman, Jon Leuer, Shaun Livingston, and the No. 12 pick, tweets Wojnarowski.

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Rockets To Retain Courtney Fortson

The Rockets have been active on the trade market in recent days and figure to make more moves before the week is out, but they're not quite jettisoning all their players. Mark Berman of FOX 26 Houston tweets that the Rockets have decided to bring back Courtney Fortson for next season, according to agent Charles Briscoe. Fortson is on a non-guaranteed minimum-salary contract for 2012/13.

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Bucks Interested In Samuel Dalembert

The Bucks have been rumored to be targeting a big man in tomorrow night's draft, potentially a replacement for Andrew Bogut, who was sent to Golden State at this year's trade deadline. But the draft isn't the only means of acquiring a center for Milwaukee. According to Gery Woelfel of the Racine Journal Times (via Twitter), the Bucks are interested in trading for Samuel Dalembert of the Rockets.

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Ford’s Latest: Ross, Cavs, Bucks, Rockets, Jazz

The Cavaliers are bringing in Terrence Ross for a private workout today, which raises some eyebrows, since Ross would be a major reach at fourth overall, but isn't expected to slip to 24th. Could the Cavs be looking at Ross in case of a trade? According to Chad Ford of ESPN.com (Insider link), while Cleveland is still exploring moving up from No. 24, the team may also be seriously considering moving down from No. 4 if it means acquiring multiple assets. Here are a few more draft-related rumors from Ford….

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Deron Williams Declines Player Option

As expected, Deron Williams has officially decided not to pick up his player option for the 2012/13 season, according to Stefan Bondy of the New York Daily News (via Twitter). The decision means that Williams will hit unrestricted free agency this weekend, and will be eligible for a maximum salary of about $17.18MM, rather than the $17.78MM his option was worth, as I outlined here.

Here are a few more updates on this summer's top free agent:

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Draft Rumors: Tuesday

With two days remaining until the 2012 draft, we've seen a first-round pick change hands for the first time this offseason, as the Timberwolves agreed to send the 18th overall pick to Houston in exchange for Chase Budinger and the rights to Lior Eliyahu. The general consensus is that the move is the precursor to a bigger deal for the Rockets, and Houston isn't the only team rumored to be shopping picks. Here are today's draft-related rumors, with the newest updates added to the top of the page throughout the day….

  • Alex Kennedy of HoopsWorld tweeted that the Bucks are looking to move into the top 10, and are supposedly targeting John Henson
  • Kennedy says that the Rockets are still trying to acquire another first round pick, most recently in discussions with the Hornets about the 10th pick before talks broke down (Twitter link). He also tweeted that the Lakers and Nets are both looking to acquire a first rounder.  

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Williams Unlikely To Add Rockets To Wish List

The Rockets appear to be stockpiling assets in an effort to make a run at Dwight Howard via trade and Deron Williams via free agency. But would Williams be open to signing with the Rockets? A recent report suggested that he has narrowed his options to the Nets and Mavericks, and SI.com's Sam Amick hears from a source close to Williams that even if the Rockets acquired Howard, Houston is not likely to be added to D-Will's free agent wish list.

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