Victor Oladipo-Caris LeVert trade complete; Pacers get additional compensation

The Rockets and Pacers have officially completed their swap of high-scoring guards, with Caris LeVert going to Indiana and Victor Oladipo heading to Houston, according to Shams Charania of The Athletic.

The deal was an offshoot of the four-team blockbuster that sent former Most Valuable Player James Harden to Brooklyn. LeVert was acquired by the Rockets in that trade.

The deal that flipped LeVert to Indiana turned into a separate transaction, and an additional second-round pick and cash were forwarded to Indiana by the Rockets due to an issue discovered in LeVert’s physical, Charania adds. The Pacers are also receiving a second-rounder from the Cavaliers.

Oladipo will be an unrestricted free agent at the end of the season, and the Pacers feared they wouldn’t be able to re-sign him. In contrast, LeVert is in the first year of a three-year, $52.5M contract.