Couple deals going down:
- The Portland Trail Blazers have agreed in principle to trade Gerald Wallace to the New Jersey Nets for Mehmet Okur, Shawne Williams and a protected first-round pick, league sources told Yahoo! Sports.
- The Los Angeles Lakers have acquired point guard Ramon Sessions from the Cleveland Cavaliers as part of a multi-player deal that will bring the Cavs the Lakers’ 2012 first-round pick, according to league sources.
The Cavs also will send young wing player Christian Eyenga to the Lakers and veteran forward Luke Walton will be going to the Cavs. The Lakers’ will keep their draft pick this year if they miss the playoffs. As part of the deal, the Lakers also will have the right to swap first-round draft position in 2013 with the Miami Heat’s first round pick, which the Cavs own.
- The Golden State Warriors have used Stephen Jackson to land a first-round pick and Richard Jefferson from the San Antonio Spurs, according to league sources.
- Veteran center Marcus Camby is on the move again, this time to Houston to join the Houston that continues the Portland Trail Blazers’ roster trade deadline roster makeover. The Trail Blazers will get Hasheem Thabeet and point guard Jonny Flynn from the Rockets.
- The Los Angeles Lakers have traded veteran guard Derek Fisher to the Houston Rockets in exchange for forward Jordan Hill, league sources told Yahoo! Sports.The Rockets also will receive the 2012 first-round pick the Lakers acquired from the Dallas Mavericks in the Lamar Odom trade.