The Rockets are trading guard Kevin Porter Jr., and two future second-round picks to the Thunder, who are waiving Porter immediately, sources told ESPN's Adrian Wojnarowski on Tuesday.
Essentially the deal allows the Thunder to gather up draft assets and requires them to pay the $16.9 million of guaranteed salary left on Porter's new four-year contract -- and saves the Rockets $5.5 million in salary.
"What initially appeared to be a fractured vertebrae was not in fact an injury caused by the defendant," Manhattan Assistant District Attorney Mirah Curzer told Judge Jay Weiner on Monday. Porter signed a four-year contract extension worth as much as $82.5 million last season. However, it is only partially guaranteed due to Porter's history of off-court issues.
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