Rockets Creating $4.5M Trade Exception With Kevin Porter Jr. Trade

The Rockets did more than unload guard Kevin Porter Jr. in an agreed-on trade with the Thunder.

They shed Porter’s $16.9 million salary — which the Thunder will pay after waiving him — and are also landing veteran guard Victor Oladipo and young forward/center Jeremiah Robinson-Earl.

Along with that, Houston will be creating a $4.5 million trade exception as part of the deal, per Jonathan Feigen of the Houston Chronicle.

Trade exceptions can be used to sign a player or land another player. Oftentimes, they’re not used at all, expiring after a year to the day of the original trade. 

So the Rockets will have a little extra money available by ridding themselves of Porter’s contract.

As we relayed here, they are likely to keep Oladipo, who is on an expiring $9.5 million contract. It’s the type of contract that could make Oladipo a trade chip before the February trade deadline.