Brooklyn Nets And Houston Rockets Reportedly Make A Trade

According to ESPN's Adrian Wojnarowski, the Brooklyn Nets and Houston Rockets have made a trade.

Sep 26, 2022; Brooklyn, NY, USA; Brooklyn Nets general manager Sean Marks talks to the media during media day at HSS Training Center. Mandatory Credit: Vincent Carchietta-USA TODAY Sports / Vincent Carchietta-USA TODAY Sports

UPDATE: The Brooklyn Nets have announced the trade.

The Brooklyn Nets have acquired their 2025 first round draft pick, negating a previously agreed to swap, and their first round pick in 2026, from the Houston Rockets in exchange for a 2025 first round pick swap (Houston/Oklahoma City for Phoenix), the Phoenix Suns’ 2027 first…

— Brooklyn Nets (@BrooklynNets) June 26, 2024

On Tuesday evening, ESPN's Adrian Wojnarowski reported that the Brooklyn Nets traded their best player (Mikal Bridges) to the New York Knicks.

Following the news, Wojnarowski reported that the Nets made another deal (with the Houston Rockets).

Via Wojnarowski: "Another massive deal: Brooklyn has a deal with Houston to return the Nets’ 2026 first-round pick for a 2027 Phoenix Suns first-round pick, sources tell ESPN. Rockets also acquire 2025 right to swap Houston/OKC first for 2025 Suns first-round pick. More details coming on picks deal."

Another massive deal: Brooklyn has a deal with Houston to return the Nets’ 2026 first-round pick for a 2027 Phoenix Suns first-round pick, sources tell ESPN. Rockets also acquire 2025 right to swap Houston/OKC first for 2025 Suns first-round pick. More details coming on picks… pic.twitter.com/qkTh3KwV63

— Adrian Wojnarowski (@wojespn) June 26, 2024

Via Wojnarowski: "More in deal: Houston acquires 2029 more favorable of Dallas and Phoenix first-round pick and acquires right to swap Houston first-round pick for less favorable Dallas first and Phoenix first, per sources."

More in deal: Houston acquires 2029 more favorable of Dallas and Phoenix first-round pick and acquires right to swap Houston first-round pick for less favorable Dallas first and Phoenix first, per sources. https://t.co/jUR0f5lSjM

— Adrian Wojnarowski (@wojespn) June 26, 2024

The Nets now get back their first-round picks, which means if they have a bad season, they will be able to keep their own selection (which they had initially given to Houston in the James Harden trade).

Most importantly in the deal, per sources: Houston relinquishes the right to swap a Houston/OKC first-round pick for Brooklyn's 2025 first-round pick. The Nets control their own pick as they go into a full rebuild -- especially important in talented 2025 draft. https://t.co/jUR0f5lSjM

— Adrian Wojnarowski (@wojespn) June 26, 2024

The Nets are coming off a year where they were the 11th seed in the Eastern Conference with a 32-50 record.

They missed the NBA playoffs for the first time since the 2018 season.

Considering they already had a bad year (with Bridges), the Nets will likely be one of the three worst teams in the NBA during the 2024-25 season.

Apr 12, 2024; New York, New York, USA; Brooklyn Nets forward Mikal Bridges (1) warms up before the game against the New York Knicks at Madison Square Garden. Mandatory Credit: Vincent Carchietta-USA TODAY Sports / Vincent Carchietta-USA TODAY Sports

As for the Rockets, they have missed the NBA playoffs for each of the previous four seasons.

That said, they showed promise, finishing the year as the 11th seed in the Western Conference with a 41-41 record.