The Houston Rockets will convert Bruno Fernando to a Two-Way contract.

Fernando was originally signed to an Exhibit 10 deal.

The Houston Rockets are set to waive Ty Jerome, according to Kelly Iko of The Athletic.

The Rockets acquired Jerome as part of a multi-player deal with the Thunder. 

The Oklahoma City Thunder have agreed to trade Derrick Favors, Ty Jerome, Moe Harkless, Theo Maledon and a 2025 second round pick via Atlanta to the Houston Rockets for David Nwaba, Sterling Brown, Trey Burke and Marquese Chriss.

The Thunder acquire two trade exceptions while also dropping $10 million under the lottery tax with the transaction.

The Rockets acquire a second round pick for taking on $1 million in salary.

Host Danny Leroux (@DannyLeroux), Rob Mahoney of The Ringer (@RobMahoney) and Matt Moore of The Action Network (@HPBasketball) go in-depth on the NBA’s Southwest Division.

They discuss how the Rockets, Pelicans, Spurs, Mavericks and Grizzlies fared in the off-season, including which teams improved and what moves stood out. The three also predict the season to come, including projected finish, breakout players and rookies they are most excited to see. Also, Danny pays tribute to his friend Jonathan Tjarks.

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