The Cleveland Cavaliers are engaged in serious discussions on a deal to send guard Iman Shumpert to the Houston Rockets, according to league sources.
Shumpert would be moved to the Rockets for primarily a package of non-guaranteed contracts, which would allow Cleveland to create financial flexibility to pursue other roster upgrades.
Shumpert has two years and $21.3 million left on his contract.
His second year is a player option, which he has refused to waive in Cleveland's trade discussions with other teams about acquiring him.
It would be the second time the 27-year-old shooting guard has been traded as the New York Knicks dealt Shumpert to the Cavs during the 2014-15 season.