According to ESPN’s Adrian Wojnarowski, Carmelo Anthony is finally on the move:
The Houston Rockets have agreed to trade Carmelo Anthony and cash to the Chicago Bulls, league sources tell ESPN.
— Adrian Wojnarowski (@wojespn) January 21, 2019
As Woj explains, this wasn’t necessarily for the specific reason of getting veteran Kenneth Faried signed in time to play tonight:
The NBA office will not execute the trade today because it's a holiday, league sources tell ESPN. To clear the way for Kenneth Faried to sign and play tonight in Philadelphia, Rockets had to waive to James Nunnally.