Victor Oladipo

Suns Acquire Royce O’Neale In Three-Way Deal

7:22pm: The trade is official, according to a press release from the Grizzlies, who classified the draft asset they’re getting from the Suns as a “future first-round pick swap.”

Memphis will be able to swap its own 2026 first-round pick for the least favorable of the Suns’, Wizards’, and Magic’s first-rounders that year, tweets Chris Herrington of The Daily Memphian.

As previously reported, Brooklyn waived Thaddeus Young and Memphis cut Victor Oladipo to make room on their respective rosters for the incoming players.

4:58pm: The Suns hung onto Boston’s 2028 second-round pick, tweets Gambadoro, which means the three future second-rounders they’re sending Brooklyn are as follows:

  • Either the Pistons’, Bucks,’ or Magic’s 2026 second-round pick (whichever is least favorable).
  • The Grizzlies’ 2028 second-round pick.
  • The Grizzlies’ 2029 second-round pick.

12:18pm: The Nets are finalized a trade to send forward Royce O’Neale to the Suns for matching salaries and three second-round picks, Shams Charania of The Athletic tweets.

Phoenix is also acquiring forward David Roddy from the Grizzlies in exchange for a pick swap, Charania adds. (Twitter link).

The Suns are sending out Keita Bates-Diop, Yuta Watanabe, Jordan Goodwin and Chimezie Metu, John Gambadoro of 98.7 FM Phoenix tweets. They are all on minimum salary deals.

Watanabe and Metu will head to the Grizzlies, while Brooklyn will acquire Bates-Diop and Goodwin, per Duane Rankin of The Arizona Republic (Twitter link).

O’Neale is in the final year of a four-year, $36MM contract and could enter unrestricted free agency this summer with full Bird rights. He’s making $9.5MM this season.

He’ll be extension eligible with the Suns for a maximum of two-years and $20.5MM, Yossi Gozlan of Hoops Hype tweets.

Roddy is making $2.72MM this season and already had $4.83MM option for next season picked up by Memphis. Phoenix can use the $4,975,371 traded player exception it generated in the Dario Saric trade with Oklahoma City last season to absorb Roddy’s salary. That exception expires on Friday.

The Suns were considered the top suitor for the Hornets’ Miles Bridges. However, Bridges reportedly told Charlotte’s front office he wouldn’t approve any trade. Phoenix pivoted to O’Neale, who will immediately jump into its rotation.

O’Neale gives Phoenix a playoff-tested, defensive-minded veteran. He has been coming off the bench most of this season but could slot into Phoenix’s star-laden lineup if the Suns want to use Grayson Allen in a sixth-man role.

O’Neale is averaging 7.4 points, 4.5 rebounds and 2.8 assists in 24.5 minutes per game this season. He’s a career 38.1% 3-point shooter and should get plenty of open looks playing with Phoenix’s stars.

Phoenix will see its luxury tax bill rise by $13.5MM, Gozlan tweets. Overall, the Suns will have a payroll and luxury tax penalty adding up to more than $254.5MM this season, Gozlan notes in another tweet.

By swapping out four players for a pair, Phoenix will also have to add another player to reach the league minimum or 14. That will also increase their tax bill.

Watanabe and Bates-Diop are signed through next year. Metu has an expiring contract and Goodwin’s contract includes a team option for next season.

Grizzlies Waive Victor Oladipo

The Grizzlies have waived Victor Oladipo, reports Shams Charania of The Athletic (Twitter link).

The news was expected, as Chris Herrington of The Daily Memphian reported yesterday that the Grizzlies were planning to release Oladipo if they were unable to flip him to another team before today’s 2:00pm CT trade deadline.

A former two-time All-Star, Oladipo’s once-promising career has unfortunately been derailed by a series of major leg injuries. He tore his left patellar tendon in the playoffs last April and has yet to play in 2023/24. Over the past five seasons, he has only appeared in 102 regular season games.

Oladipo was traded from Houston to Memphis last week in the deal that sent injured center Steven Adams to the Rockets. The Grizzlies also received three second-round picks.

Assuming he clears waivers, which is a virtual certainty, Memphis will be on the hook for Oladipo’s full $9.45MM salary.

Southwest Notes: Spurs, McDermott, Oladipo, Pelicans, Mavs

Although they were linked earlier in the season to Atlanta guard Dejounte Murray, the Spurs are much more likely to be sellers than buyers at Thursday’s trade deadline, says Jeff McDonald of The San Antonio Express-News (subscription required). According to head coach Gregg Popovich, San Antonio’s goal in any deal would be to improve its prospects beyond this season.

“Our focus is not immediate other than individual development and team concepts,” Popovich said. “But if there’s a trade that would make sense both now and for the long-term, of course we look at it.”

According to McDonald, veterans Doug McDermott, Cedi Osman, and Devonte’ Graham appear to be the Spurs’ most likely trade candidates. McDermott, who is on an expiring contract, said it’s “always good to be wanted,” but admitted he feels fortunate to be coached by Popovich and wouldn’t mind sticking around through the deadline — and even beyond that.

“Shooting is at premium in this league, and I know I can do it with the best of them,” McDermott said. “At the same time, I love being here, I love being with this young team. I think there is a lot of potential for the future here and it is awesome to be a part of. … It’s a special place to be. I would love to be here forever.”

Here’s more from around the Southwest:

  • Victor Oladipo, whom the Grizzlies acquired as a salary-matching piece in last week’s Steven Adams trade, will be waived after the deadline if he’s not flipped to a new team today, confirms Chris Herrington of The Daily Memphian (Twitter link).
  • Both Chris Haynes of Bleacher Report (link via Marc Stein) and Adrian Wojnarowski of ESPN (via the Woj Pod) stated that the Pelicans have talked to the Hawks about Dejounte Murray, corroborating similar reporting from Jake Fischer. However, Stein says those discussions don’t appear to have gained much traction.
  • Following an impressive victory over the Clippers on Wednesday, the Pelicans have now won four straight at hold a top-six seed in the West at 30-21. After dealing with injury issues in recent seasons, New Orleans has been thriving this year in large part due to the availability of its “big three” of Zion Williamson, Brandon Ingram, and CJ McCollum, as Christian Clark of outlines.
  • The Mavericks have played sub-.500 basketball since Christmas and could really benefit from a trade or two, writes Kevin Sherrington of The Dallas Morning News. As Sherrington details, offseason addition Grant Williams has faded after a strong start and Maxi Kleber isn’t available enough to be relied upon, so a wing and a big man figure to be atop Dallas’ wish list.

Grizzlies Trade Adams To Rockets For Oladipo, Second-Round Picks

FEBRUARY 2: The trade is official, according to press releases from both the Rockets and Grizzlies.

The three draft picks sent from Houston to Memphis in the deal are as follows, per Wojnarowski (Twitter link) and The Athletic’s John Hollinger:

  • The Thunder’s 2024 second-round pick.
  • Either the Nets’ 2024 second-round pick (protected 55-58) or the Warriors’ 2024 second-round pick (protected 56-58) (whichever is most favorable).
  • Either the Rockets’ 2025 second-round pick or the Thunder’s 2025 second-round pick (whichever is most favorable).

FEBRUARY 1: The Grizzlies are trading center Steven Adams to the Rockets in exchange for Victor Oladipo and three second-round picks, according to ESPN’s Adrian Wojnarowski (Twitter link). Adams is out for the season with a knee injury while Oladipo is also battling a long-term left patellar tendon injury.

According to Wojnarowski (Twitter link), the Grizzlies are acquiring two 2024 second-round picks and a 2025 second-round pick in the trade.

The move is a primarily financial one from Memphis’ side, according to Wojnarowski (Twitter link). The Grizzlies were and are facing tough contract decisions with an expensive roster set for 2024/25. Ja Morant, Desmond Bane, Jaren Jackson Jr. and Marcus Smart are among players set to make $20MM or more next season and, before acquiring Oladipo, their only free-agent-to-be next season was Xavier Tillman. Adams is set to make $12.6MM next season while Oladipo is on an expiring deal.

Not including the cap hold for a likely lottery pick, the Grizzlies had $186MM in salary for next season with the second apron projected for $190MM, according to Marks (Twitter link). Moving Adams creates some breathing room to the club, who may also look to shed additional salary ahead of next week’s deadline.

While Tillman was the Grizzlies’ only projected standard free agent, they also could look to move Luke Kennard, who possesses a $14.7MM team option for next season. While they could simply decline the option, it may make sense to try and extract value for the career 43.7% three-point shooter. Alternatively, they could exercise Kennard’s team option and look to make smaller moves to duck out of tax territory, according to Spotrac’s Keith Smith.

If they don’t flip him in another trade, the Grizzlies could buy out Oladipo in order to create an opening on their 15-man roster. Two-way player GG Jackson is impressing and is only under contract through the season. Memphis could work out a longer-term deal with him and have the 19-year-old forward take Oladipo’s roster spot, if they so choose.

The Rockets are getting a quality big man when healthy who can play alongside or behind rising star Alperen Sengun. Although Adams is out for the rest of the season, he’s the kind of physical big man the team was seeking. A Wednesday report indicated players like Portland’s Robert Williams and Atlanta’s Clint Capela were among the centers on Houston’s radar.

In the end, the Rockets landed on Adams, who should be full recovered for next season, according to Wojnarowski (Twitter link). Houston’s front office believes in the toughness and leadership he can bring to the team. Adams averaged 8.6 points, 11.5 rebounds, 1.1 blocks and 0.9 steals across 42 games with the Grizzlies in ’22/23.

Smith observes that while three second-round picks looks steep on paper for the Rockets, none of those picks are projected to be near the top of the second round. While the exact picks are unknown, the Rockets have second-rounders from Brooklyn, Golden State and Oklahoma City in 2024 and their only 2025 second-rounder is from the Thunder. Additionally, the Rockets are still well below the luxury tax for next season and can dip further by moving off of Jock Landale.

Memphis will be taking on Oladipo’s expiring contract using the $12.4MM disabled player exception they were granted as a result of Ja Morant‘s season-ending injury. That will allow the team to create a $12.6MM trade exception (equivalent to Adams’ full outgoing salary). As explained in our glossary, that trade exception would be good to use for one year.

Rockets Rumors: Bridges, Centers, Tate, Brogdon, Core

Despite a modest 22-24 record that places them 11th in the West, the Rockets are motivated to be buyers on the trade market at next week’s deadline and will be seeking high-level talent, according to Kelly Iko, Shams Charania, and Sam Amick of The Athletic.

As The Athletic’s trio explains, the presence of new head coach Ime Udoka – and his strong influence with the team’s top decision-makers – has contributed to an acceleration of the Rockets’ timeline. Udoka has been frustrated by the team’s “inconsistencies” and is determined to make the postseason, and his level of urgency has helped convince the front office to adjust its expectations for the club and its strategy on the trade market.

The Rockets’ interest in Nets forward Mikal Bridges, reported earlier today by Michael Scotto of HoopsHype, is one example of the club’s pursuit of impact players. The Athletic’s reporters confirm that Houston’s level of interest in Bridges is “extremely high,” but echo Scotto in saying that Brooklyn continues to view the 27-year-old as a cornerstone piece and has no interest in moving him.

Here’s more on the Rockets:

  • Houston also continues to scour the trade market for more frontcourt help, with Kelly Olynyk (Jazz), Clint Capela (Hawks), Andre Drummond (Bulls), and Robert Williams (Trail Blazers) among the big men on the team’s radar, per Iko, Charania, and Amick. Udoka would like to find a center capable of not only manning the position when Alperen Sengun is on the bench but also potentially playing alongside Sengun, like Williams and Al Horford did during Udoka’s time in Boston.
  • While the Rockets will likely look to package draft capital with expiring or pseudo-expiring contracts like those belonging to Victor Oladipo, Jock Landale, and Boban Marjanovic, they also view forward Jae’Sean Tate as “movable,” according to The Athletic’s report. League sources tell The Athletic that the Celtics and Suns have shown some level of interest in Tate.
  • A ball-handler who can defend would also be on the Rockets’ wish list, league sources tell The Athletic’s trio, who mention Trail Blazers guard Malcolm Brogdon as one player who fits the bill. However, Houston isn’t eager to cut into Cam Whitmore‘s or Amen Thompson‘s minutes, which may affect the club’s aggressiveness in pursuing backcourt help.
  • Whitmore and Thompson are considered off-limits in most trade talks, according to Iko, Charania, and Amick, who say the Rockets aren’t interested in moving Jabari Smith or Tari Eason either. Jalen Green is also in that group of young players Houston would be very reluctant to trade, though The Athletic’s reporters suggest he’s not necessarily viewed as untouchable like he would’ve been a year or two ago, with Sengun having overtaken him as the player prioritized in the Rockets’ schemes. It sounds as if Houston won’t move any of its young core players in a deal for a mere rotation upgrade, but would consider including one in a package for a star.

Stein’s Latest: Rockets, Barnes, O’Neale, Hunter, Bogdanovic, Jazz, Murray

The Rockets are pursuing frontcourt options to give Most Improved Player Award candidate Alperen Şengün some help, Marc Stein reports in his latest Substack post. They’re danging Victor Oladipo‘s expiring $9.5MM deal and Jock Landale‘s contract, which isn’t guaranteed beyond this season, as enticements. Houston is also seeking another shooter and has shown interest in the Kings’ Harrison Barnes, according to Stein.

Here are more tidbits from Stein’s story:

  • Barnes could be on the move, despite signing a three-year, $54MM extension last offseason. However, the Kings would prefer to get an impact player using Barnes as part of the package. They’ve had discussions with the Raptors regarding a potential Pascal Siakam deal. The Kings have also made Kevin Huerter and Davion Mitchell available but have no interest in dealing second-year forward Keegan Murray.
  • Stein suggested a couple of days ago that the Cavaliers might pursue Royce O’Neale to fill their 3-and-D need. He now hears that the Nets forward is indeed on Cleveland’s list of targets. The Hawks’ De’Andre Hunter could also be a target to watch for Cleveland, but his contract — he’s in the first year of a four-year, $90MM extension — would make the Cavs’ future cap issues more challenging. O’Neale will be a free agent after the season.
  • The Pistons had some exploratory discussions with a number of teams regarding swingman Bojan Bogdanović. However, it’s not a certainty they’ll deal him, says Stein. They may want to keep him around to help avoid setting the NBA record for the worst all-time season record, currently held by Sixers (9-73).
  • The Jazz’s surge up the Western Conference standings has made it tougher to predict what their front office will do in the coming weeks. Kelly Olynyk and Jordan Clarkson are the veterans most frequently mentioned as potential trade pieces but the chatter regarding John Collins has died down since he became the team’s starting center, according to Stein. Top exec Danny Ainge will still likely listen to trade pitches for virtually any player on the roster.
  • Dejounte Murray‘s list of potential suitors includes the Spurs, Lakers, Nets, Knicks and Pistons, Stein reports. The Hawks, as previously noted, are looking to replenish their draft assets after they gave up three first-round picks (two of their own) and a pick swap to acquire him from San Antonio in 2022.

Western Rumors: Rockets, Grizzlies, Jazz, Kings, Brogdon

After making several significant changes to their roster during the 2023 offseason, the Rockets figure to remain active on the trade market during the season. League sources tell Michael Scotto of HoopsHype that Houston has interest in pursuing further roster upgrades, with Victor Oladipo, Jock Landale, Jeff Green, and draft picks among the team’s potential trade chips.

None of those three players are owed guaranteed money beyond 2023/24 and all are being paid between $8-10MM this season, making them logical salary-matching pieces. Forward Jae’Sean Tate has also generated exploratory interest from playoff-caliber clubs in recent years, according to Scotto, who adds that Reggie Bullock also had several suitors before signing with Houston, making him a name to watch too.

One player we shouldn’t expect to end up in Houston? Bulls guard Zach LaVine. Scotto says the Rockets aren’t involved in the LaVine sweepstakes.

Scotto has more trade-related items of interest from around the Western Conference. Here are a few:

  • Sharpshooter Luke Kennard and forward John Konchar are among the Grizzlies players who are candidates to be dealt before February’s deadline, Scotto writes, identifying the Celtics, Warriors, and Lakers as some of the teams that have “kept tabs” on Konchar.
  • Rival executives think the Jazz may attempt to stabilize their backcourt by acquiring a veteran point guard, according to Scotto. While rookie Keyonte George has played well, he’s more of a combo guard, Scotto explains, naming Talen Horton-Tucker and Kelly Olynyk as a couple potential trade candidates on Utah’s roster.
  • Keegan Murray is the Kings player whom potential trade partners would covet most, but Sacramento views the young forward as an important part of its core and would be more inclined to move future first-round picks in any deal for an impact player, per Scotto.
  • Three executives who spoke to Scotto believe the Trail Blazers could land a protected 2024 first-round pick – or a similar asset – if they decide to trade Malcolm Brogdon this season.

Southwest Notes: Morant, Zion, Rockets, Oladipo

Off to a 2-8 start, the Grizzlies need Ja Morant back as soon as possible, but that won’t happen for at least 15 more games, writes Beth Harris of The Associated Press. The dynamic guard is still serving out his suspension for displaying a gun twice on social media. The NBA isn’t permitting him to be in the arena when Memphis is playing, but coach Taylor Jenkins said he’s closely involved with everything else the team does.

“He’s got a great positive attitude throughout this,” Jenkins said. “I know it can be frustrating for him, the team not having him around. We understand the circumstances.”

The earliest Morant could return is a December 19 game at New Orleans, but that date isn’t definite. Commissioner Adam Silver said Morant will be required to “formulate and fulfill a program with the league that directly addresses the circumstances that led him to repeat this destructive behavior” before he can be reinstated. The details of that program haven’t been made public.

In the meantime, Morant has been working with the Grizzlies’ reserves in practice and has been “fully accepting” of his role, according to Jenkins, who hasn’t decided if Morant will start right away when his suspension is lifted.

“He’s pushing every button possible to get himself prepared, but also help this team as best as he can through his brilliant IQ, his care factor, his voice, his presence, the spirit he brings,” Jenkins said. “It’s been awesome to see him take on, I don’t want to say a leadership role, but just his investment in the group has been awesome.”

There’s more from the Southwest Division:

  • After committing six turnovers on Sunday, Zion Williamson talked about the Pelicans‘ new offense, which he claims has forced him to take a “back seat” compared to last season, per Christian Clark of NOLA. Williamson’s 21.6 points and 8.6 made field goals per game through eight contests are the lowest figures of his career. “Last year, we had a team meeting,” he said. “We brought up some things I could do better. Especially with buying into the program. It’s tough right now. I’m taking a little back seat right now. And I’m trusting the process. I’m trying my best to buy in right now.”
  • Nuggets coach Michael Malone noticed a stark difference in the new-look Rockets, who edged the defending champs Sunday night to pick up their sixth straight win, according to Jonathan Feigen of The Houston Chronicle. “They’re a different team,” Malone said. “Anytime you add an All-Star in Freddy VanVleet, and an All-Defense player in Dillon Brooks, a veteran in Jeff Green who helped us win a championship, a new coaching staff — obviously, (head coach Ime Udoka), his guys, have done a great job — they have a new identity, a new culture.”
  • Rockets guard Victor Oladipo has been working out at the Bayern Munich facility in Germany as he recovers from a patellar tendon injury in his left knee, reports Donatas Urbonas of BasketNews.

Rockets Notes: Oladipo, Robinson-Earl, Boban, Brooks, Landale

There’s “little” belief among NBA personnel that Victor Oladipo will be able to play much – if at all – during the 2023/24 season as he continues to recover from a torn patellar tendon in his left knee, per Jake Fischer of Yahoo Sports. Kelly Iko and John Hollinger of The Athletic agree that Oladipo will likely be sidelined for most or all of the coming season.

However, a source with knowledge of the the team’s plans tells The Athletic that the Rockets intend to keep Oladipo under contract until February’s deadline if they can’t trade him before then.

As Hollinger explains, being able to use Oladipo’s expiring $9.45MM contract in a subsequent trade was Houston’s prime motivating factor for giving up two second-round picks in its deal with Oklahoma City. The thinking is that the Rockets will be able to carry Oladipo well into the season if necessary, which may not have been a viable path with Kevin Porter Jr., given the optics of his domestic assault charges and the fact that his partial guarantee for 2024/25 would have increased if he remained under contract through opening night.

While Oladipo may make a better trade chip at this point than Porter, the 31-year-old’s knee injury means that he won’t have positive value either. If the Rockets want to acquire a rotation player using his expiring salary, they’ll have to give up additional assets beyond the two second-round picks they surrendered to land him.

Alec Burks and Talen Horton-Tucker are among the potential trade targets that have already been connected to Houston.

Here’s more on the Rockets:

  • With Oladipo considered likely to be on Houston’s regular season roster, it’s possible Jeremiah Robinson-Earl, who was acquired from the Thunder in the same trade, will be the odd man out for a Rockets team that has 16 players on standard contracts, according to Hollinger. Alperen Sengun and Jock Landale are expected to be the club’s top two centers, so Robinson-Earl and Boban Marjanovic, who has a minimum-salary contract that’s partially guaranteed for $1.3MM, could be vying for the 15th regular season roster spot as well as the third center role, Hollinger speculates.
  • In a separate story for The Athletic, Iko explores the impact that free agent addition Dillon Brooks is having on the Rockets’ defensive mindset. The feisty forward is earning praise from his teammates and head coach Ime Udoka. “Dillon’s been great,” Udoka said. “We want to challenge our younger guys to defend at a higher level, and I think bringing in the right personnel, the right veterans, has been crucial to that. Not only them pulling guys aside and giving them pointers but directly watching them on the court. To have those guys gives us versatility and raises the expectations of the whole group.”
  • Landale, who injured his left ankle in a World Cup tune-up game in August, still isn’t feeling quite like his old self, but he’s getting closer to full strength, writes Jonathan Feigen of The Houston Chronicle (subscription required). “It’s a rehab process. It’s going to be a little bit a little bit before I’m back 100% healthy,” Landale said, referring to the ankle sprain as a “significant” injury. “But I feel I’m in a good spot where I can play, play competitively. I just want to be the me of last year.”

Thunder Trade Oladipo, Robinson-Earl To Rockets For Porter, Second-Round Picks

7:28pm: Both teams have officially announced the trade, the Rockets via a press release and Thunder with a separate news release. The Thunder also announced they have waived Porter.

Houston made a related move, waiving Matthew Mayer in order to open a roster spot to complete the two-for-one deal. Mayer, who signed a camp deal in early August, went undrafted in June out of Illinois and caught on with the Rockets’ Summer League team. He’ll likely wind up with their G League squad, the Rio Grande Valley Vipers.

11:42am: The Thunder and Rockets have agreed to a trade, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Oklahoma City will receive guard Kevin Porter Jr. and a pair of future second-round picks in the deal, while Houston will get guard Victor Oladipo and forward/center Jeremiah Robinson-Earl.

The Thunder, who will immediately waive Porter, are acquiring the Timberwolves’ 2027 second-round pick and the Bucks’ 2028 second-rounder from Houston, Wojnarowski adds (via Twitter).

Porter was arrested in September on charges of assault and strangulation after allegedly assaulting his girlfriend, former WNBA player Kysre Gondrezick. The Rockets began trying to trade the 23-year-old shortly after his arrest and confirmed on media day that he wouldn’t be rejoining the team.

According to Jonathan Feigen of The Houston Chronicle (subscription required), prosecutors dropped a second-degree assault charge against Porter this week due to “insufficient evidence.”

However, Porter still faces charges of second-degree strangulation and third-degree assault, so the dropped charge doesn’t materially affect his NBA outlook. No team is likely to consider picking him up at least until the legal process has played out and the league has completed its own investigation and potentially handed out a suspension.

The Rockets’ goal in shopping Porter was to replace him with a player who could actually contribute on the court this season. It’s unclear what the team’s plans are for Oladipo, who is still recovering from a torn patellar tendon in his left knee, but Robinson-Earl should provide some depth in Houston’s frontcourt.

Once the deal is complete, the Rockets will have 16 players on standard contracts — 14 with fully guaranteed salaries, plus Aaron Holiday and Boban Marjanovic on partially guaranteed deals. The team will have to waive or trade one of those 16 players by Monday to get down to the regular season roster limit.

It’s possible Oladipo will be the odd man out, especially if his injury recovery is expected to extend well into the season. His expiring $9.5MM salary could be useful for salary-matching purposes in a subsequent deal, so the Rockets may try to find a way to hang onto him, but most of their roster consists of promising young players or recent additions, so there aren’t any other obvious candidates to be let go.

The Thunder were facing a roster crunch of their own this fall, with 18 players on standard contracts for 15 regular season roster spots. In trading Oladipo and Robinson-Earl for a player whom they’ll waive immediately, they’ll reduce their roster count to 16 players, meaning only one more cut (or trade) will be necessary before opening night.

Acquiring Porter doesn’t look great from a PR perspective for Oklahoma City, given what he has been accused of, but the team will drop him right away and acquires two more future draft picks in the deal. The Thunder also received two future second-round selections when they took on Oladipo in a salary-dump deal with the Heat earlier this offseason, so they’ve essentially added four second-rounders by taking him on from Miami and then flipping him to Houston.

In waiving Porter, the Thunder will eat $15.86MM in dead money this season, plus a $1MM partial guarantee for 2024/25. The rest of Porter’s four-year, $63MM+ contract was non-guaranteed, so Oklahoma City won’t be on the hook for additional money beyond that $16.86MM. OKC also generates a $1.9MM trade exception in the move, tweets Bobby Marks of ESPN.

As for the Rockets, they’ll save a little money in the deal and create a new $4.5MM trade exception of their own. It’s also worth noting that Robinson-Earl, who is owed $1.9MM this season, has a $1.99MM team option for 2024/25, so Houston could hang onto him at a near-minimum cost for two seasons.

Robinson-Earl, who will turn 23 next month, appeared in 43 games for the Thunder last season, starting 20. He posted respectable averages of 6.8 points and 4.2 rebounds in a part-time role (18.9 MPG) and has shown an ability to make an outside shot (.344 career 3PT%), but was buried on OKC’s frontcourt depth chart with Chet Holmgren returning to action.

The Thunder and Rockets have been frequent trade partners in recent years, dating back to their Chris Paul/Russell Westbrook swap in July 2019. They also came together for trades during the 2021 and 2022 offseasons, and they were both involved in the five-team deal sending Dillon Brooks to Houston earlier this year.