Brett Davis-USA TODAY Sports

The Memphis Grizzlies have reportedly traded Steven Adams to the Houston Rockets in exchange for Victor Oladipo and three second-round picks, sources informed ESPN. Specifically, the Grizzlies are acquiring two 2024 second-round picks and a 2025 second-round pick in the trade.

The deal, though significant, comes with a caveat, as Adams is sidelined for the remainder of the year. Despite the setback, Adams is considered an ideal interior presence for the Rockets. Adrian Wojnarowski writes , “Adams is expected to be recovered from knee surgery that cost him entire 2023-2024 season. The Rockets front office believes Adams brings the toughness and leadership that coach Ime Udoka craves for his team — and that he still can impact the game in a limited role behind Sengun.”

The Grizzlies, in return, bolster their lineup with the acquisition of Victor Oladipo and add valuable assets with three second-round picks. Oladipo, a seasoned player, brings versatility and experience to Memphis. Meanwhile, the Rockets acquire the defensive prowess of Adams, with the hope that he will be a vital asset for their future campaigns.

As Adams approaches free agency in the 2025-26 season on a $12.6 million contract, the trade presents a calculated risk for both teams. Moving Adams to the Rockets, as per Wojnarowski, is driven by financial considerations. The Grizzlies face challenging contract decisions with a costly roster for 2024/25. Players like Ja Morant, Desmond Bane, Jaren Jackson Jr., and Marcus Smart are slated to earn $20 million or more next season.

More to come

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