It continues to be a busy offseason for the Houston Rockets.
Houston has traded Ryan Anderson and De'Anthony Melton to Phoenix for Marquese Chriss and Brandon Knight, league source tells ESPN.- Adrian Wojnarowski (@wojespn) August 31, 2018
It's the latest domino to fall in an offseason in which the Rockets re-signed Clint Capela, added Carmelo Anthony and lost Trevor Ariza and Luc Mbah a Moute in free agency.
MORE: Biggest moves this offseason in Southwest Division
Anderson spent the last two seasons in Houston, averaging 11.6 points per game while shooting 39.6 percent from beyond the 3-point line. After starting 50 of Houston's first 52 games last season, Anderson was relegated to the bench and saw his role futher reduced in the postseason as he averaged fewer than six minutes per game in the Western Conference Finals against the Warriors, not appearing at all in Games 4 and 5.
Anderson signed a 4-year, $80M contract with the Rockets as an unrestricted free agent in 2016 and has $41.7M remaining on his contract, although as reported on Friday, he agreed to reduce the guarantee on his salary for 2019-20.
To clear the way for a trade out of Houston, Ryan Anderson agreed to reduce the guarantee on his $21M salary in 2019-20 to $15.6M, league sources told ESPN. For the Suns, the $15.6M represents Brandon Knight's salary for the 2019-20 season.- Adrian Wojnarowski (@wojespn) August 31, 2018
Also heading to Phoenix is rookie De'Anthony Melton, the 46th overall pick in this year's draft. Melton did not play in his sophomore season at USC as he was held out due to the FBI's college basketball bribery case before eventually pulling out of school in February to focus on the draft. Melton is seen by some draft experts as a potential steal in the second round and is a nice asset for the rebuilding Suns who continue to stockpile young talent.
Watching De'Anthony Melton these last couple days has been another reminder of what a steal the Rockets got at 46. Think he'll end up looking like a top-20 guy from the 2018 class when it's all said and done. Jumper has improved so much. https://t.co/F2cJ7mex6l- Mike Schmitz (@Mike_Schmitz) August 3, 2018
In return for Anderson and Melton, the Rockets are receiving Marquese Chriss and Brandon Knight.
The 21-year old Chriss is entering his third season and though he wasn't able to establish a consistent role with the Suns, represents a high-upside gamble for Houston. The 8th overall pick in the 2016 draft, Chriss has flashed some serious defensive potential in bursts even if his offensive game took a step back in his second season.
Knight missed all of last season after tearing his ACL last July and has struggled to stay healthy since signing a 5-year, $70M contract with the Suns in 2015, missing a combind 58 gamds in 2015-16 and 2016-17 before last year's set back. Knight showed promise in his first full season in Phoenix, averaging 19.6 points per game in 52 games in 2015-16. If healthy, he could prove instrumental in helping Houston find ways to keep both Chris Paul and James Harden fresh over the course of the season.