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Rockets acquire Iman Shumpert in three-team deal

The Houston Rockets have finally made a trade, adding a guard-wing they have coveted for awhile.

Iman Shumpert is headed to Houston after the Rockets made a significant cost-cutting move, including a lottery-protected 2019 first round pick to unload the contracts of Brandon Knight and Marquese Chriss.

Knight, Chriss and the first rounder are headed to Cleveland. The Cavs send Alec Burks and a second round pick to the Kings and the Kings send Shumpert to Houston. The Cavs made the move strictly for the draft pick, absorbing salary to do it.

The Rockets? They save a bundle here.