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by: Kris Gardner, United States Basketball Writers Association member. Credentialed media member since 1997. USBWA approved online journalist. Voter of Katrina McClain, Naismith, USBWA, and Wooden awards.
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Rockets Trade Michael Carter-Williams to Chicago
Posted: January 7, 2019 -- 4:12 p.m. CST
Houston Rockets General Manager Daryl Morey announced today that the team has traded guard Michael Carter-Williams and cash considerations to Chicago in exchange for a future conditional second round draft pick.
Carter-Williams signed as a free agent with the Rockets on July 7, 2018 and appeared in 16 games this season. For his career, he is averaging 11.1 points, 4.7 assists, 4.5 rebounds and 1.4 steals in 303 games played.
Rockets, by trading Michael-Carter Williams to the Bulls, will clear his $1.5M salary off the books – which will ultimately save around $3M in luxury taxes, will open up a roster spot (for Danuel House, etc.), and will give them a $1.2M trade exception.— Albert Nahmad (@AlbertNahmad) January 7, 2019
Chicago will have a $1.2M cap hit on the Michael Carter-Williams waiver but are only responsible for $366K of what is owed on his salary. The cash received from Houston will likely offset the Carter-Williams salary and also what is owed to MarShon... https://t.co/errB27ue3i— Bobby Marks (@BobbyMarks42) January 7, 2019
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