Cleveland Cavaliers make three-way trade with Houston, Sacramento

As first reported by ESPN's Adrian Wojnarowski, the Houston Rockets, Cleveland Cavaliers and Sacramento Kings have agreed to a deal revolving around Iman Shumpert and Alec Burks, with Shump going to Houston and Burks joining the Kings. The Cavs send Alec Burks and a second round pick to the Kings and the Kings send Shumpert to Houston.

The Rockets will send guard Brandon Knight, forward Marquese Chriss and a 2019 lottery protected first-round pick to the Cavaliers, league sources said. He was traded to the Rockets but has played in just 12 games this year. They are also receiving Nik Stauskas and Wade Baldwin from Cleveland. He's also shooting 36.6 percent on 4.8 3-point attempts per game.

The Rockets have been in search of a wing player for the better part of the season. Knight has one year left on his deal worth $15.6 million. That means the Hawks will only receive a pair of second-round picks in exchange for Korver.

This marks the third time in four days the pair were traded, together.

The 6-6, 205-pound guard was taken with the eighth overall pick in the 2014 draft by the Sacramento Kings out of MI.

In the case of Chriss, he's an expiring contract who will be a free agent this summer but will have an opportunity to show his worth while playing on the clearly rebuilding Cavaliers.

The Cavaliers will entertain other offers prior to Thursday's 3 p.m. deadline, but they traded Hood and Burks, which were the two players most-likely to be dealt.

  • Angelo Rivera