The Houston Rockets are set to send Bonzi Wells and Mike James to New Orleans for Bobby Jackson, the Houston Chronicle is reporting.

The deal has grown into a three team trade, the report indicates, with Memphis being involved but not appearing to be a major player. The trade has been submitted to the league, pending approval.

The Rockets will also receive rookie guard Adam Haluska and either their own or New Orleans' second-round pick, whichever is greater.

Memphis will receive forward Marcus Vinicius.

Via Houston Chronicle

Houston Rockets, New Orleans Hornets, Memphis Grizzlies

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