Report: Bobcats, Bucks, Kings complete three-way trade

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The Milwaukee Bucks have been actively shopping their No. 10 pick for a while. The Kings have actively been shopping the No. 7 pick. They have found a partner with each other and the Charlotte Bobcats thrown in for a three way deal that will blow up every mock draft you’ve read.

The sides have reached a deal, according to Adrian Wojnarowski of Yahoo.

Partial of deal: The Bucks get Stephen Jackson, Shaun Livingston, sources say. Charlotte gets the 7th pick and Corey Maggette.

Milwaukee’s 10th overall pick goes to the Kings, source says… The Bobcats will have the 7th and 9th picks in the draft tonight as part of the deal, source says.

The Kings also would get John Salmons in the deal. It doesn’t make a lot of sense for the Kings to move down three spots to get Salmons back, there may be another trade there to follow. The logical thought is the Spurs, getting Tony Parker and taking on Richard Jefferson. But for the Spurs, a Beno Udrih and No. 7 pick deal makes way more sense than Salmons an the No. 10, so there has to be more to that.

There also now is the sense the Kings will take Jimmer Fredette at No. 10 (unless someone trades up to get him).This deal was not about saving money, Salmons is owed $31 million over the next four seasons ($25 over three with a buyout of the fourth). He is older and more expensive than Udrih. They also get the No. 19 pick.

The Bucks also would get Beno Udrih, but mostly they get a guy in Jackson who can create his own shot and score in a way they lacked last season. The Bucks now have a lot of playmakers who need the ball in their hands — Jackson, Brandon Jennings, Udrih, Livingston. Some more trades will come eventually to move one or two of them. Jackson is reportedly not happy about being traded.

The Bobcats would have the No. 7 and No. 9 picks, and you can bet they will go big with one or both of those picks — reportedly starting with Bismack Biyombo. They are rebuilding from the ground up and they are going with the guy who has the most upside in this draft.

The Bobcats and Bucks were already talking a deal, according to Rick Bonnell of the Charlotte Observer.

One veteran not moving in his deal or any other is Luc Richard Mbah a Moute, as he is a restricted free agent and can’t be traded.

Seeing Charlotte active on trade day is a sign that new GM Rich Cho has some real power, he loves these kinds of moves.

We will be updating as more information comes in.

Chris Paul thanks Clipper fans in online statement

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Chris Paul is as competitive a guy as there is in the NBA — he and James Harden are not the smoothest fit next to one another, but he would rather team with another star and go hard at the Warriors juggernaut than sit back and collect a check.

That’s why CP3 wanted to go to the Rockets as part of the trade reported Wednesday.

But before he left, he wanted to say thank you to Clippers fans.

Paul is committed to his charity causes, he’s not giving those up. He’s likely keeping his home in Los Angeles, too — L.A. is the unofficial off-season home of the NBA anyway.

Rockets make series of cash trades for expiring contracts to help line up Chris Paul deal

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While everyone was rightfully raving about the move by the Houston Rockets to trade for Chris Paul — you have to love a team not cowering from the Warriors but willing to take them on Game of Thrones style — there was one little catch. The trade, as first announced, didn’t pencil out.

Because the Rockets were over the cap, this trade needs to be a salary match. The Clippers were getting back nice young players in Sam Decker and Montrezl Harrell, plus a first-round pick, but the salaries still didn’t match up. Then a string of small cash deals for expiring contracts started rolling in.

All those deals are official — and led to one of the funniest tweets of the year.

All three of those players will head to the Clippers as part of the official trade, but then be waived by the Clippers so they don’t actually pay them.

Also of note, by staying above the salary cap line (as opposed to diving below it to absorb CP3’s contract) the Rockets will keep their mid-level exception, giving them a full $8.4 million to spend in free agency to get a role player to help fill out the roster in Houston.

The Rockets are not done big game hunting, GM Daryl Morey is reportedly going after Paul George and maybe free agents such as Paul Millsap. Carmelo Anthony reportedly would like a buyout so he can get to Houston now, but with Phil Jackson gone and $55 million owed over the next few years that seems more up in the air. Regardless, expect the Rockets to keep making small moves to set up big ones.

Reports: Rockets not done, looking at Paul George, other possible third big star

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If you’re going to go toe-to-toe with the Golden State Warriors, you can’t have enough elite talent on the roster. Which is turning the Western Conference into a Game of Thrones.

Houston has James Harden and just added Chris Paul — and GM Daryl Morey is not done, he’s targeting Paul George and other stars. That according to multiple reports from ESPN, starting with Jeff Goodman.

Rockets GM Daryl Morey not done yet, source told ESPN. Harden and CP3. Will try to add a third star to compete with Warriors.

The logistics of this would be difficult, but not impossible. The Pacers want a first-round pick, which the Rockets can include if the Pacers will wait until 2020 (the Rockets 2018 pick goes to the Clippers, 1-3 protected, which means they can’t trade 2019). With Sam Decker traded to LA, the Rockets may not have a young player of interest outside of Clint Capella (the Pacers have Myles Turner at center), but the Rockets have made a series of cash deals for non-guaranteed contracts to make this work with the Clippers and pave the way for future deals.

Also possible, the Rockets look for a way to land Paul Millsap (or maybe a lesser version, like Serge Ibaka) in free agency.

The Rockets also could target guys such as Carmelo Anthony or Dwyane Wade, if they are bought out. Anthony is rumored to want a buyout to go to Houston now, but with Phil Jackson out and being owed $55 million over a couple years, that may not happen.

The point is the Rockets are going all in — they see the window as now and, unlike much of the rest of the West and the NBA, they are not going to wait and hope for the Warriors to wilt in a few years.

Knicks fans celebrating Phil Jackson’s departure on social media

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When the Knicks hired Phil Jackson, he was a beacon of hope for an organization that had seen dark days. Jackson was going to keep owner James Dolan out of basketball decisions (he did that) and provide a direction for the franchise (he failed to do that).

Now, three year’s later, Jackson is out as president of the Knicks.

That had Knicks fans celebrating on social media.

HALLELUJAH.

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That’s just a small sampling. So all is good with the Knicks now, right?