ESPN’s Adrian Wojnarowski described this as a “cap-centric deal” since it helped the Thunder get around $10 million below the luxury tax, while Houston added a 2nd-round pick by taking on $1 million in cap space.
The Rockets acquired Derrick Favors, Ty Jerome, Moe Harkless, Theo Maledon and a protected 2025 2nd-round pick from the Hawks and sent David Nwaba, Sterling Brown, Trey Burke and Marquese Chriss to Oklahoma City.
Cap-centric deal for both teams: Thunder gain two trade exceptions and drop about $10M under luxury tax. Rockets get a second-round pick for taking on $1M in salary. Favors will have value as a backup center, or elsewhere on a trade in marketplace too. https://t.co/k8zpgthwOh
— Adrian Wojnarowski (@wojespn) September 30, 2022
The 2nd-rounder from Atlanta is protected 31-40, and it will become the second best 2026 2nd-round pick between the Mavericks, Thunder, and 76ers if it doesn’t convey in 2025.
A tweet from Jackson Gatlin of Locked On Rockets indicates that Houston will also receive $6.3 million in cash from the Thunder.
Per source, the #Rockets will receive $6.3 million in cash as part of the trade with the OKC Thunder.
— Jackson Gatlin (@JTGatlin) September 30, 2022
Previous reports indicated that Derrick Favors was unlikely to remain with the Thunder this season, while Ty Jerome wasn’t participating in training camp as his representatives worked with the team to find an exit strategy for him. Kelly Iko of The Athletic reported that Houston plans to waive Jerome. Harkless was traded for the third time this summer. He was dealt from Sacramento to Atlanta in July as part of the Kevin Huerter deal, and then was shipped to OKC for Vit Krejci earlier this week. Hopefully he’ll be able to settle in with Houston this season.
As he enters his seventh season, this will be the sixth team that Nwaba has suited up for. The journeyman has had a few solid seasons, including averaging 9.2 points, 3.9 rebounds, and 1.0 steals for Houston during the 2020-21 season. Among the players in the deal, he’s the most likely candidate to carve out a role on his new team next season.
Brown, Burke, and Chriss were already traded once this summer as part of the deal that said Christian Wood to Dallas. Now, they’ll be depth pieces in Oklahoma City if the team decides to keep them around.
Daily Thunder’s beat writer Brandon Rahbar pointed out that the trade wouldn’t have been possible without the Disabled Player Exception that the Thunder received because of Chet Holmgren’s injury.
Fun detail: this was all made possible by the Chet Holmgren Disabled Player Exception.
You could say OKC made chicken salad out of chicken something else.
— Brandon Rahbar (@BrandonRahbar) September 30, 2022