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IN intends to waive them once the transaction is final.

Cleveland is set to receive guard Brandon Knight, forward Marquese Chriss and a protected 2019 first-round pick from the Rockets.

The Sacramento Kings traded Iman Shumpert to the Houston Rockets in a three-way deal with the Cleveland Cavaliers, ESPN's Adrian Wojnarowski reported on Wednesday.

Stauskas looked to be figuring things out playing for a winning organization in the Blazers and will likely be relieved to move on quite quickly from the Cavs to the Rockets.

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Knight, Chriss and the first rounder are headed to Cleveland. It remains unclear how they figure into the Rockets' plans. They also save about $6.1 million in tax payments this season and get off the $15.6 million Knight is owed next season. Financially, it's a coup... but it costs them a valuable asset in the first rounder. That willingness to take on what are perceived as bad contracts is part of the Cavaliers' rebuilding strategy, with the team hoping to acquire as many future draft picks as possible.

There is still time before the National Basketball Association trade deadline for the Kings to fill some gaps that Shumpert will leave behind. The Kings will also get the Rockets' 2020 second-round pick. The 28-year old has a reputation as a good defender.

"He has the athletic ability to guard a Derrick Rose or a Dwyane Wade or a LeBron James", said D'Antoni at the time.