The Houston Rockets will acquire veteran guard Jason Terry from the Sacramento Kings as well as two second-round Draft picks, with Alonzo Gee moving in the opposite direction.
Terry started last season with the Brooklyn Nets and averaged 4.5 points in 35 games before being traded to Sacramento, and it is understood that he is on the move again, ESPN reports.
The 36-year-old didn't play for the rest of the season as he recovered from a left knee injury.
The former Boston Celtics and Dallas Mavericks star was crowned the Sixth Man of the Year in both 2009 and 2011, also winning a championship during his spell in Dallas.