Cavs, Rockets, Kings complete 3-team trade

NBA trade rumors: Rockets acquire Iman Shumpert, move Brandon Knight in 3-team deal

The Houston Rockets are acquiring guard Iman Shumpert in a three-way deal with the Cleveland Cavaliers and Sacramento Kings, league sources told ESPN. 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.

Furthermore, the Cavs will also send recently acquired players - from the Portland Trail Blazers trade from this past weekend - Nik Stauskas and Wade Baldwin to the Rockets. He's also shooting 36.6 percent on 4.8 3-point attempts per game.

The 26-year-old Barnes, who has a $25 million option for next season, played in the Mavericks' 99-93 home victory over the Charlotte Hornets on Wednesday.

Rockets coach Mike D'Antoni drafted Shumpert with the 17th pick in 2011 when he was coach of the New York Knicks.

This is the third time Stauskas and Baldwin have been traded in the last week.

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In Cleveland's fourth in-season trade, the team has now gathered two first-round and six second-round picks. Knight has one year left on his deal worth $15.6 million.

The Cavaliers continue to stack up draft picks. Shumpert is a free agent after this season, so they procure a pick rather than risk him walk away for nothing.

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.

Burks averaged 11.4 points, 5.5 rebounds and 2.9 assists since joining the Cavaliers in November.

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