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Report: Rockets Trade Michael Carter-Williams to Bulls

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The Houston Rockets traded guard Michael Carter-Williams and cash to the Chicago Bulls in a salary-cap maneuver, the Rockets announced.

The Bulls then waived Carter-Williams, whose contract would’ve become guaranteed for the season on Monday afternoon.

Chicago also will send Houston a heavily protected future second-round pick that is unlikely to ever convey, sources said.

The deal saves the Rockets $2.6M in luxury-tax payments, dropping the team’s bill from $16.3 million to $13.7 million.

Source: Adrian Wojnarowski of ESPN

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Sources: Grizzlies Grant Lakers Permission to Speak with Dwight Howard

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The Grizzlies are granting the Los Angeles Lakers permission to speak with Dwight Howard, league sources tell @TheAthleticNBA @Stadium.

Source: Shams Charania on Twitter

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Sources: Lakers Interested in Dwight Howard

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The Lakers are expected to request permission soon to speak to Dwight Howard and there’s mutual interest between the eight-time All-Star and L.A. in wake of DeMarcus Cousins’ torn ACL, league sources tell @TheAthleticNBA @Stadium.

Source: Shams Charania on Twitter

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Sources: Jarell Martin, Cavaliers Agree to Deal

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Cavaliers signed former first-round pick F Jarrell Martin to a one-year, non-guaranteed deal, league sources tell ESPN.

Source: Adrian Wojnarowski on Twitter

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