What happened: The Houston Rockets are trading Dorian Finney-Smith and three second-round picks to the Charlotte Hornets. Houston also creates a $13 million trade exception in the deal.
Why it matters: The move gives Houston roster flexibility after adding Marcus Smart and Bogdan Bogdanovic. Charlotte expands a substantial reserve of draft assets that can support future trades or roster building.
By the numbers: Houston creates a $13 million trade exception.
What to watch: Watch how Houston uses its open roster flexibility and whether Charlotte deploys its draft capital in another trade.