The Houston Rockets have traded Jeremy Lin and a future first-round pick to the Los Angeles Lakers, reports ESPN’s Jeff Goodman.
Rockets have dealt Jeremy Lin and a future first-rounder to Lakers, sources told ESPN. Houston clearing space to land Bosh, keep Parsons.
— Jeff Goodman (@GoodmanESPN) July 11, 2014
Lin is only under contract for one more season, which perserves the Lakers cap space next summer. He is due to make $15 million with a $8.4 million cap hit this coming season.
Lin averaged 12.5 points and 4.1 assists in 71 games with the Rockets last season. The 25-year-old has averaged 11.9 points and 4.8 assists over his four-year NBA career. From Adrian Wojnarowski (Yahoo! Sports):
The Lakers will send cash and rights to overseas player to the Rockets, but no salary back, league source tells Yahoo.
— Adrian Wojnarowski (@WojYahooNBA) July 11, 2014