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Nets acquire K.J. McDaniels from Rockets

With a half hour left on the trade deadline, the Nets have acquired K.J. McDaniels, the 24-year-old swingman, from the Rockets.

Both Adrian Wojnarowski and Marc Stein reported the news...

Unloading McDaniels to the Nets frees $3M in cap space to use on the buyout market for Houston.

— Adrian Wojnarowski (@WojVerticalNBA) February 23, 2017

The Brooklyn Nets are in advanced discussions to acquire K.J. McDaniels from the Houston Rockets, league sources say

— Marc Stein (@ESPNSteinLine) February 23, 2017

Neither side initially reported what the Nets sent the Rockets in return.