The Houston Rockets traded guard Jeremy Lin and a future first-round pick to the Los Angeles Lakers, reports ESPN.
The deal comes as the Rockets clear up space for Chris Bosh, whom they’ve made a max offer of four years and $88 million to.
The reports say the Lakers were up for the deal because Lin is only under contract for one more season, which will help them preserve their cap space next summer. They also wanted the draft picks after trading away their first-round picks in 2015 and 2017 to Phoenix and Orlando, as part of the Steve Nash and Dwight Howard trades, respectively.
A source tells ESPN Friday (July 11) that the Rockets expect Bosh to commit “soon” to the Rockets, especially following LeBron James’ departure from Miami.