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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.