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Jason Terry Traded To The Rockets

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The Rockets will send a package centered on non-guaranteed contracts, including Alonzo Gee, that the Kings can ultimately waive and gain salary savings and roster space, league sources said. Sacramento will send Houston two second-round picks in the deal, including one via the Knicks, league sources told Yahoo. The trade could take some time to officially complete, based on restrictions of contracts in the deal, league sources said.

Sacramento had been trying to unload Terry and his $5.4 million expiring deal, and Houston had been searching for a playoff-sturdy guard to join its bench.

via Adrian Wojnarowski – Yahoo Sports.

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Sources: 76ers Promote Elton Brand to General Manager

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Philadelphia has hired Elton Brand as general manager, league sources tell ESPN. Brand will be elevated from VP of Basketball Operations. He made strong impression on ownership and Brett Brown in process, beating out several inside and outside candidates.

Source: Adrian Wojnarowski on Twitter

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Sources: NBA Updates Salary Cap Projections for Future Seasons

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Sources: The NBA has informed its teams of updated projected salary cap and tax level for 2019-20 ($109M, $132M) and 2020-21 ($118M, $143M).

Sources: Shams Charania on Twitter

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Sources: Pelicans, Jarrett Jack Agree to Deal

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Free agent guard Jarrett Jack has agreed to a one-year deal with the New Orleans Pelicans, per league sources.

Source: Shams Charania on Twitter

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