The Kings reportedly have reached an agreement to trade veteran guard Jason Terry to the Houston Rockets.
In the deal, reported first Sunday by Yahoo Sports, the Rockets would send a package of players with non-guaranteed contracts, including small forward Alonzo Gee, to the Kings, who would waive the players to gain salary gap space. The Kings also would send two second-round picks, including one obtained from the Knicks, to the Rockets.
The Kings acquired Terry, 36, and forward Reggie Evans from the Brooklyn Nets in February for guard Marcus Thornton. Terry never played for the Kings, opting to return to his home in Dallas to rehabilitate an ailing knee. Terry has one year left on his contract at $5.45 million.
In 15 NBA seasons, Terry has averaged 15.4 points and 4.4 assists, but he played in just 35 games for the Nets last season and averaged just 16.3 minutes and 4.5 points. Terry also has played for Boston (one season), Dallas (eight seasons) and Atlanta (five seasons). He was the NBA’s Sixth Man of the Year in 2009 and 2011.
Gee, 27, has averaged 7.9 points in five NBA seasons, including the last three with Cleveland. The Cavaliers traded him in July to New Orleans and fours days later he was involved in a three-team deal that sent him to Houston.