The Rockets are sending Brandon Knight, Marquese Chriss and a lottery protected 2019 first-round pick to Cleveland.
The deal capped a busy day for Sacramento, which reportedly shipped guard Iman Shumpert to the Houston Rockets earlier in the evening as part of a three-way deal.
Shumpert is the headliner in this deal and is a significant addition for the Rockets.
Furthermore, the Cavs will also send recently acquired players - from the Portland Trail Blazers trade from this past weekend - Nik Stauskas and Wade Baldwin to the Rockets.
Chriss has only played in 16 games for the Rockets, averaging 1.8 points-per-game. Shumpert is a free agent after this season, so they procure a pick rather than risk him walk away for nothing. Shump is averaging close to nine points per game in addition to three rebounds and two assists.
In Cleveland's fourth in-season trade, the team has now gathered two first-round and six second-round picks. He flipped Burks for a first-round pick. That willingness to take on what are perceived as bad contracts is part of the Cavaliers' rebuilding strategy, with the team hoping to acquire as many future draft picks as possible.
We all knew that the Cleveland Cavaliers would be (and still are likely to be more) active in the time surrounding the National Basketball Association trade deadline.