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Rockets trade Jeremy Lin, 1st-round pick to Lakers

By James Herbert | NBA writer

There's a lot of noise about Jeremy Lin being traded.
Jeremy Lin is heading to the Lakers in a trade. (USATSI)

More Offseason Analysis: Coaching changes, news | Free Agency | Draft

The Houston Rockets have traded Jeremy Lin to the Los Angeles Lakers, as first reported by ESPN's Jeff Goodman and confirmed to CBSSports.com's Ken Berger. News that the two sides were talking was first reported by ESPN's Marc Stein.

This was a part of Houston's strategy to open up cap space to sign free agent big man Chris Bosh in the wake of LeBron James' decision to sign with the Cleveland Cavaliers. But in a crushing development for Houston, Bosh has decided to stay with the Heat for 5 years and $118M.

It was previously reported that the Sixers would be likely trading partners for Houston, but the Lakers make sense as well. Los Angeles has all the cap space in the world, and Lin's contract expires next summer. The Lakers took advantage of an opportunity to acquire extra assets from the Rockets, plus add a legitimate rotation player to a team that is full of empty roster spots. It's just a shame this couldn't have been done while Mike D'Antoni -- the head coach who oversaw Linsanity -- was still with the team.

The Rockets are still on the clock to match the 3-year, $46M offer sheet Chandler Parsons agreed to with the Mavericks.

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