The Houston Rockets are seeking a trade of Omer Asik, but they have struggled in finding a package that merits his on-court value due to his $15 million salary for next season.

Asik will only count $8.4 million against the cap, but the salary is beyond his fair market value.

One rival general manager described the asking price of Daryl Morey and the Rockets as "delusional."

Asik requested a trade in the middle of November when it became clear that he would be unable to share floor time with Dwight Howard.

Rodney Stuckey has been the subject of trade rumors, but a league source claims he's not available.

The Pistons added to their backcourt in the offseason with Brandon Jennings and Kentavious Caldwell-Pope.

Stuckey will be a free agent in July.

The Cleveland Cavaliers are pursuing trade scenarios involving Dion Waiters.

The Chicago Bulls, New York Knicks and Philadelphia 76ers have spoken to the Cavaliers, with Luol Deng, Iman Shumpert and Evan Turner mentioned as targets.

Waiters is open to being traded from the Cavaliers.

The Chicago Bulls do not plan on making any dramatic changes to their roster following Derrick Rose's season-ending knee injury.

"With this type of injury, he should come back 100 percent," general manager Gar Forman said. "With the previous [ACL] injury, that leg is strong and we saw the explosiveness and reactivity and speed, and then it was just [a matter of] getting into rhythm.

"Though this is a severe injury, it's not as severe as the other. He'll get over it and be able to get his career back to the highest level."

Forman said it is premature to talk about potential trades or about rebuilding.

"This just happened. It's too early to start to go down that road," Forman said. "From an organizational standpoint, our front office, not just this year but every year, we always evaluate our team, where we're at, how we can get better. ...

"We're not going to make rash decisions. We feel we have a bright future ahead and we're positioned well. We have good players in their 20s, Derrick is going to come back, we're positioned well with draft picks into the future and we have some level of flexibility which we haven't had under this new CBA."

Forman believes the Bulls can still build around Rose despite his injury issues.

"Yeah, he's obviously a big, big part of our future," he said. "This was a freak injury. According to doctors, it had nothing to do with over-compensating or any type weakness or any type of fatigue. It was just a freak injury."

The Minnesota Timberwolves and Sacramento Kings have exchanged Derrick Williams for Luc Mbah a Moute.

Marc J. Spears of Yahoo! Sports first reported the deal on Monday.

Williams was the second overall pick in the 2011 NBA Draft behind Kyrie Irving.

"We see this as an opportunity for (Williams) to have a fresh start," said Pete D'Alessandro to Sam Amick of USA Today.

Flip Saunders and Rick Adelman concluded that Williams was unable to play small forward in their system.

The Minnesota Timberwolves have agreed to trade Derrick Williams to the Sacramento Kings for Luc Mbah a Moute.

The trade is contingent on Mbah a Moute passing a physical.

Williams was the second overall pick of the 2011 NBA Draft.

No picks, cash or others players are expected to be included in the deal.

With Derrick Rose set for knee surgery and potentially missing the remainder of the season, the Chicago Bulls could be more inclined to trade Luol Deng.

The Bulls and Deng tabled extension talks in September and he is set to become an unrestricted free agent this offseason. 

Despite the protestations from Tom Thibodeau, the Bulls appear prepared to let Deng walk if he were to remain with the club past the deadline. The Bulls are anticipating an extension for Jimmy Butler.

Mark Cuban revealed on Friday that the Dallas Mavericks received a trade inquiry from the Houston Rockets about Dirk Nowitzki, following the Rockets' signing of Dwight Howard.

“They didn’t make an official offer,” Cuban said. “They just asked if we’d trade him. About three hours after Dwight (Howard) signed. It’s just something rivals do.

“Just, would you trade Dirk?"

Cuban admitted he took offense to the Rockets pursuing Nowitzki.

“Definitely, and I don’t blame them,” he said. “That’s fine. But payback is a bitch. I kept the text. They called Donnie (Nelson) and I said: are you sure? Have them text me. And I kept the text. Now, I’ve brought it on the record just to have some fun with it now that we’ve played them twice we can help them sell tickets next time. I think they need help. Just to build the rivalry up.”

Iman Shumpert and the New York Knicks both believe that a trade is inevitable at this point, according to sources.

The Knicks believe they have enough other talent at Shumpert's position in J.R. Smith and Tim Hardaway Jr. to make a trade using one of their most valuable assets to save their season.

Shumpert was the 17th overall pick in the 2011 NBA Draft and is considered one of the best perimeter defenders in the game.

The Sacramento Kings have a "very high" level of interest in quickly making a trade, according to a source. It is believed that some conversations have advanced beyond the preliminary stage.

The Kings have a 3-7 record and have several veterans that could be attractive to playoff contenders.

John Salmons, Marcus Thornton and Patrick Patterson have all lost their starting jobs.

The Kings are looking for young players or draft picks to build around DeMarcus Cousins, Ben McLemore and their own pick.

Jimmer Fredette is also widely known as an available player via trade.