Breaking: Wolves trade 18th pick for Chase Budinger


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In case you haven’t seen it yet, this comes from ESPN:

The Minnesota Timberwolves have agreed, pending league approval, to send the 18th pick in the 2012 NBA draft to the Houston Rockets for Chase Budinger and the draft rights to Lior Eliyahu, two league sources confirmed to ESPN.com.

Although sources stressed that no deal is imminent, the Rockets have had substantive discussion about sending their other two first-round picks (No. 14 and No. 16) to the Sacramento Kings for the No. 5 pick. The Rockets have also been exploring moving point guard Kyle Lowry to a team in the top 10 to acquire another pick.

Sources say the Rockets are hoping to acquire enough assets to entice the Magic to trade Dwight Howard to them.

There will be much more analysis throughout the day. Feel free to join the immediate conversation on Twitter.