The Rockets have moved up in the draft and now own the No. 12, 16 and 18 picks.

Houston has swapped the 14th pick for the 12th pick with the Bucks while also sending Samuel Dalembert to Milwaukee. The Rockets will receive Jon Leuer, Jon Brockman and Shaun Livingston in addition to the No. 12 pick.

The Rockets could save $4.7 million from their cap if Livingston and Leuer are waived, but a source contends they plan to keep both players.