The Houston Rockets and the Oklahoma City Thunder finalized a trade that involved eight players.
Per ESPN, The Houston Rockets are acquiring center Derrick Favors and a 2025 second-round draft pick in an eight-player trade with the Oklahoma City Thunder, sources told ESPN on Thursday night.
The Thunder will acquire two draft exceptions and save $1 million in salary in a deal that sends Favors, guards Ty Jerome (that will be waived) and Theo Maledon and forward Moe Harkless to the Rockets for David Nwaba, Sterling Brown, Trey Burke and Marquese Chriss, sources said.
The deal drops the Thunder approximately $10 million under the luxury tax threshold. After the trade, both the Thunder and Rockets have 18 guaranteed contracts on their respective rosters and will need to pare them down to 15 by Oct. 17.