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The Cavaliers are closing in on a trade that would send shooting guard Alec Burks to the Houston Rockets, a league source confirmed to Amico Hoops early Wednesday.
Veteran reporter Jason Lloyd of The Athletic broke the news of a potential Burks trade, citing two league sources. Per Lloyd, the Cavs would receive the Rockets’ first-round draft pick and point guard Brandon Knight in return.
Burks, 27, is making $11.5 million this season and playing on an expiring contract. He has drawn interest from the Rockets, San Antonio Spurs and Toronto Raptors, among others.
The Cavs acquired Burks and two second-round picks from the Utah Jazz for Kyle Korver in late November. Burks is 6-foot-6 and averaging 11.5 points and career-highs of 5.5 rebounds and 4.8 assists in 33 games with the Cavs.
Meanwhile, the Rockets have been offering their first-round pick for any team willing to take on Knight’s contract ($14.6 million this season, $15.6 million next). They reportedly spoke with the Memphis Grizzlies about such a trade over the weekend.
The Rockets have been looking for some added scoring punch off the bench, and that is clearly something Burks would be capable of providing.
Knight, 27, missed all of last season with the Phoenix Suns with a severe knee injury. He was traded to the Rockets in the summer and has appeared in just 12 games. Some around the league are wondering if he will be the same after being forced to sit out for an entire year.
If the Cavs acquired Knight, they could look to reach a buyout agreement.
As for the pick, Houston would be selecting 21st if the NBA draft were held today.
The Cavs and Rockets still have several steps before finalizing a deal, the source cautioned. The Rockets could explore other offers before deciding on Burks at the last minute.
The NBA trade deadline is Thursday at 3 p.m. Eastern.