Chris Paul
via Keith Allison / CC-BY-2.0

Wow! The Houston Rockets have reported reached an agreement on a trade for L.A. Clippers star Chris Paul, reports ESPN.

In exchange for CP3, Houston will send Sam Dekker, Patrick Beverley and Lou Williams and a top-three protected 2018 first-round pick to the Clippers.

Paul was planning to decline the player option on his contract, with the intention of potentially landing in Houston to play alongside James Harden, according to The Vertical.

The All-Star point guard met with the Clippers on Tuesday (June 27)… and apparently wasn’t feeling the plan from the team. On Tuesday evening, he told the team he planned to leave in free agency if he declined his option.

Instead of losing him with nothing in return, the team opened dialog with the Rockets and came to agreement, where Paul would opt in for the final year of his contract (worth $24.2 million) to facilitate the trade.

While the deal is done in theory, the Rockets still need to make another trade to make it work financially. According to ESPN, Houston will also try to acquire Paul George from the Indiana Pacers once the CP3 deal is finalized.

After next season, Paul will be eligible for a five-year deal worth an estimated $205 million from the Rockets. If he had opted out and signed with any team other than the Clippers in free agency, the biggest deal he could land would be for four years and more than $152 million.

Since joining the Clippers in 2011, Paul has played stellar basketball, averaging 18.7 points, 9.8 assists and 2.4 steals over the six seasons. However, it hasn’t translated into post season success.

Despite playing alongside stars like Blake Griffin and DeAndre Jordan, the Clippers have been unable to make it out of the second round in the past six seasons.