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Rockets dump K.J. McDaniels to Brooklyn

The Rockets have traded K.J. McDaniels to the Brooklyn Nets in what amounts to a $3 million cash dump, according to The Vertical’s Adrian Wojnarowski.

Houston has traded K.J. McDaniels to the Brooklyn Nets, league sources tell @TheVertical.

— Adrian Wojnarowski (@WojVerticalNBA) February 23, 2017

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

— Adrian Wojnarowski (@WojVerticalNBA) February 23, 2017

We’ve been awaiting word of K.J.’s exact fate since earlier this week, when it was reported that the Rockets were actively shopping the 24-year-old swingman, though it was assumed he would be used as a sweetener for some type of larger deal.