Houston is in the process of completing a three-team deal with the Kings and Cavaliers to acquire the guard from the Kings, according to a report from ESPN which cites unidentified league sources.
The brief Cleveland Cavaliers career of Alec Burks appears to be coming to an end with the National Basketball Association trade deadline coming on Thursday afternoon. The Cavs are getting Brandon Knight and Marquese Chriss, two players the Rockets acquired last summer from the Phoenix Suns.
Iman Shumpert is another notable name on the move ahead of this season's trade deadline. They were rumored to be offering Knight and a first as their primary package to do just that, and they banked those chips in this deal. The Rockets acquired Stauskas and Baldwin from the Cleveland Cavaliers, who acquired them from the Portland Trail Blazers on Monday.More news: Ty Law voted into Pro Football Hall of Fame
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In return, the Rockets will receive a second round pick. He'll give Rockets head coach Mike D'Antoni a defensive option should they meet the better perimeter scoring threats - such as Kevin Durant and Paul George - in the playoffs. They also save about $6.1 million in tax payments this season and get off the $15.6 million Knight is owed next season. Burks has now been traded for the second time this season, after starting the year with the Utah Jazz.
Burks averaged 11.4 points, 5.5 rebounds and 2.9 assists since joining the Cavaliers in November.
The 6-6, 205-pound guard was taken with the eighth overall pick in the 2014 draft by the Sacramento Kings out of MI. Here are NBA Trade Grades for all three teams.