Lakers finalizing trade for Jeremy Lin, Rockets 2015 1st-round draft pick, according to report

Scott Halleran

Linsanity will make it's way to Los Angeles, along with future assets.

The Los Angeles Lakers and Houston Rockets are finalizing a deal that will send point guard Jeremy Lin to Los Angeles, reports Adrian Wojnarowski of Yahoo Sports. Houston will also trade their 2015 first-round draft pick to the Lakers, according to the Los Angeles Times' Mike Bresnahan. The Lakers will give up cash considerations and an overseas prospect in return,

Los Angeles will not send any salary back. Lin's contract expires at the end of the 2014-15 season, keeping the Lakers' salary structure mostly intact for another important free agency period next summer. Lin counts as $8.3 million against the Lakers' salary cap but will make approximately $15 million total.

The Rockets are preparing to sign Chris Bosh to a maximum contract and are likely to match the Dallas Mavericks' offer sheet to Chandler Parsons. General manager Daryl Morey had already lined up a trade to send Omer Asik to the New Orleans Pelicans, and trading Lin is the final step to create the cap space necessary to finish retooling the roster with Bosh.

Los Angeles lands an upgrade at point guard and won't give up anything to take Lin off the Rockets' hands. It isn't the type of "superstar" move the team angled for going into the summer, but it's a solid move that cost the Lakers nothing to agree to. The Lakers leveraged their available cap space, that hasn't been used to sign a high profile this summer, to acquire assets, which is still a win for the front office.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Silver Screen and Roll

You must be a member of Silver Screen and Roll to participate.

We have our own Community Guidelines at Silver Screen and Roll. You should read them.

Join Silver Screen and Roll

You must be a member of Silver Screen and Roll to participate.

We have our own Community Guidelines at Silver Screen and Roll. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker