Rockets trade Lowry to Raptors

Associated Press  |  Last updated July 11, 2012
The Houston Rockets began a busy day by officially trading point guard Kyle Lowry to Toronto for a future first-round lottery pick and forward Gary Forbes. The Rockets have been collecting draft picks for a potential package to entice Orlando to send All-Star center Dwight Howard their way. The Lowry deal was in place several days ago, but Wednesday was the first day teams could finalize the moves they've made since free agency began on July 1. Houston is expected to sign Bulls center Omer Asik and Knicks guard Jeremy Lin to offer sheets. Chicago and New York will have three days to match the Rockets' offers. Lin catapulted to stardom in New York during a dazzling stretch in February where he scored at least 20 points in nine of 10 games. The Knicks are expected to match Houston's offer and retain Lin, who was undrafted out of Harvard. Lowry played four seasons in Houston and averaged 14.3 points, 4.5 rebounds and 6.6 assists last season. The Rockets wanted to re-sign Goran Dragic, who took over the starting role and played well after Lowry was sidelined with a bacterial infection. But Dragic agreed to a four-year, $30 million contract to rejoin Phoenix, where he played from 2008-11. Houston will also trade center Marcus Camby to New York for guard Toney Douglas, centers Josh Harrelson and Jerome Jordan and second-round picks in 2014 and `15. The 6-foot-11 Camby will be back in New York where he played from 1998-2002. Before the draft, Houston traded forward Chase Budinger and center Samuel Dalembert in separate deals that netted two first-round picks. The Rockets were reportedly shopping the picks to move up in the draft, but eventually used their three first-round draft picks as they stood on Connecticut guard Jeremy Lamb, Iowa State forward Royce White and Kentucky forward Terrence Jones. Houston opened free agency by getting the 7-foot Asik, a restricted free agent, to agree to a three-year, $25 million offer. The Rockets have needed a big man since Yao Ming became increasingly injury-prone and finally retired last summer. When Dragic took the Suns' offer, the Rockets traded Lowry and offered Lin a four-year, $28 million deal. The Rockets claimed Lin off waivers last December, but then waived him just before the lockout-shortened season began, so they could sign Dalembert.
MORE FROM YARDBARKER:
Best basketball players never to play in the NBA
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Dorial Green-Beckham fined for wearing non-charity Yeezy cleats

Chargers GM won’t commit to Mike McCoy’s return in 2017

Report: Police close to arresting Matt Barnes for alleged assault

Carmelo: Cryptic Instagram posts were about Phil Jackson

DeMarcus Cousins trade rumors won’t go away

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

NFL folks think Jabrill Peppers ‘more hype than substance'?

Joe Haden: Winless Browns the 'laughingstock of every joke’

Did Del Rio give Reid the stink eye after Thursday’s game?

Lane Kiffin reportedly believed Houston job was his

Harbaugh stands by claim Pats broke rules in 2015 playoff game

Green, Durant laughed at Jazz coach for not surrendering

Why UCLA's Lonzo Ball is the most interesting player in college hoops

The NBA goes courtside to curbside: Drinks and rides for discerning fans

The best (and worst) times athletes hosted 'SNL'

CFB Crash Course, Graduation: Final grades and awards

NHL All-Star Game fans are in search of another John Scott

Box Score 12/9: Carey Price has had enough of your nonsense

MLB Winter Meetings, Day 4: News, notes and rumors

Matt Ryan is now Mr. Pick-Two

Ten most significant developments of the NBA season

Ten bold predictions for NFL Week 14

Sporting life: Gifts for the fan who is always on point

MLB Winter Meetings report, Day 3: News, notes and rumors

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Why UCLA's Lonzo Ball is the most interesting player in college hoops

The NBA goes courtside to curbside: Drinks and rides for discerning fans

CFB Crash Course, Graduation: Final grades and awards

The five best (and worst) times athletes hosted 'SNL'

NHL All-Star Game fans are in search of another John Scott

Sporting life: Gifts for the fan who is always on point

Matt Ryan is now Mr. Pick-Two

MLB Winter Meetings, Day 4: News, notes and rumors

The 10 best sports docs available for streaming

MLB Winter Meetings report, Day 3: News, notes and rumors

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker