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Rockets Complete Three-Team Trade

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Houston Rockets have completed a three-team trade!

Earlier today news broke that the Houston Rockets acquired Corey Brewer from the Minnesota Timberwolves via their $8.4-million traded player exception – which they acquired this past summer when they traded Jeremy Lin to the Los Angeles Lakers.

Minnesota has agreed to trade Corey Brewer to Houston, league source tells Yahoo Sports.

— Adrian Wojnarowski (@WojYahooNBA) December 19, 2014

The deal has yet to be made official, but all players have been notified, and details of the deal have been made available to the public. When the trade was originally reported the Rockets were set to acquire Brewer, and Ronny Turiaf. Going to Minnesota is Troy Daniels, 2015 second-round pick (via Sacramento), a future second-round pick and cash. The cash the Wolves received will create a $5.38-million TPE.

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Later it was announced that the Rockets and Wolves were searching for a third-team to take on the contract of Turiaf. The veteran big man had hip surgery this past summer and is expected to miss the 2014-2015 season.

3rd team potentially involved. That’s why there’s no official announcement. Again, will be curious if Daniels sticks here. #Twolves

— Darren Wolfson (@DarrenWolfson) December 19, 2014

Later Yahoo! Sports Adrian Wojnarowski had the official details of the three-team trade:

Sources: Three-way Corey Brewer deal taking shape: Ronny Turiaf to 76ers with a second-round pick. Sixers send Alexey Shved to Rockets.

— Adrian Wojnarowski (@WojYahooNBA) December 19, 2014

Therefore, the full trade looks as followed:

To Houston: Corey Brewer and Alexey Shved

To Minnesota: Troy Daniels, 2015 second-round pick via Sacramento, a future second-round pick, $5.38-million TPE.

To Philadelphia: Ronny Turiaf, a future second-round pick and the rights to center Sergei Lishouk.

It has also been reported that the Rockets were set to send Francisco Garcia to the Wolves, but the guard-forward refused to be traded. Later, it was announced the Rockets waived Garcia, who is in the final year of his contract.

Prior to being waived by Rockets, Francisco Garcia declined to be traded to T-Wolves, a source said. Minnesota could take Garcia off waivers

— Marc J. Spears (@SpearsNBAYahoo) December 19, 2014

Brewer has a $4.9-million player option for next season. The Rockets are hopeful the 8-year veteran waives his option, giving the team the chance to re-sign Brewer to a longer-term contract. In 24-games this season with the Wolves, Brewer has averaged 13.3-points, 5-rebounds and 2.9-steals. The Rockets were in need of depth of the bench and Brewer will supply that as he is known for his tough defensive presence.

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