What's Buzzing:

Sources: Kings trading Jason Terry to Rockets

The Houston Rockets have reached an agreement in principle to acquire Sacramento Kings guard Jason Terry, league sources told Yahoo Sports.

Terry had been a longtime rival of the Rockets with the Dallas Mavericks, and a move to Houston promises to escalate what has become an increasingly fierce rivalry between the teams this summer.

Terry, 36, spent eight years with the Mavericks before signing a 2012 free-agent deal with the Boston Celtics and moving onto Brooklyn and Sacramento in trades in 2013 and '14, respectively. Terry was the NBA's Sixth Man of the Year in 2009 and 2011.

The Rockets will send a package centered on non-guaranteed contracts, including Alonzo Gee, that the Kings can ultimately waive and gain salary savings and roster space, league sources said. Sacramento will send Houston two second-round picks in the deal, including one via the Knicks, league sources told Yahoo. The trade could take some time to officially complete, based on restrictions of contracts in the deal, league sources said.

Sacramento had been trying to unload Terry and his $5.4 million expiring deal, and Houston had been searching for a playoff-sturdy guard to join its bench.

The Rockets lost restricted free agent Chandler Parsons to the Mavericks in July, a year after beating Dallas to free-agent center Dwight Howard.

More NBA coverage:

Sign up for Yahoo Fantasy Hockey
Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.
    • Injuries still a concern as Pelicans open vs. Nuggets

      The New Orleans Pelicans were a MASH unit last season, so riddled with injuries that their players missed a combined total of 351 games, forcing coach Alvin Gentry to use 42 starting lineup combinations. Now that the calendar has flipped to the … More »

      AP - Sports - 1 hour 5 minutes ago
    • D'Antoni returns to LA as Walton takes over Lakers

      Another chapter of storylines unfolds when the Los Angeles Lakers tip off their 2016-17 campaign Wednesday night. Last season, it was Kobe Bryant's final year that grabbed the headlines, punctuated by a 60-point performance in his last game and a … More »

      AP - Sports - 37 minutes ago
    • Suns set to reveal defined backcourt vs. Kings

      After a season of injuries and indecision, the Phoenix Suns hope they have tweaked their young roster correctly as they open the 2016-17 season against the Sacramento Kings on Wednesday night. Two years ago, the Suns' best three guards (Eric … More »

      AP - Sports - 52 minutes ago
    • Damian Lillard backs up MVP talk with 39 in Blazers opener

      Damian Lillard backs up MVP talk with 39 in Blazers opener

      Damian Lillard was electric in the fourth quarter vs. the Jazz. Portland Trail Blazers star Damian Lillard earlier this week when he made the bold claim that he wants to be the 2016-17 NBA MVP. Lillard is not considered one of the league’s five … More »

      Ball Don't Lie - 59 minutes ago
    • Lillard vs. Johnson

      Lillard vs. Johnson

      Blazers' guard Damian Lillard and Jazz guard Joe Johnson put on a show on opening night in the NBA. … More »

      NBA.com - 1 hour 11 minutes ago