LOS ANGELES — The Los Angeles Clippers have agreed to trade star point guard Chris Paul to the Houston Rockets, according to multiple reports June 28.
Paul agreed to opt in for the final year of his $24.2 million contract, which cleared the way for the Clippers and Rockets to make the trade, according to Adrian Wojnarowski of The Vertical, who was first to report the trade. ESPN later confirmed the deal.
According to Wojnarowski, the Clippers will receive Rockets point guard Patrick Beverley, guard Lou Williams and forward Sam Dekker, plus a protected first-round draft pick in 2018.
The team knew that Paul could have opted out of his contract this summer and become an unrestricted free agent, meaning the team could have lost him and received nothing in return.
Paul, 32, came to the Clippers with great fanfare in 2011 after six seasons with the New Orleans Hornets.
The Hornets first tried to trade Paul to the Lakers but when the NBA, which owned the Hornets at the time, refused to approve the deal the trade to the Lakers was rescinded and Paul came to the Clippers instead.
He enjoyed great regular-season success in his six seasons with the Clippers, but the team flamed out in the playoffs each year, never advancing further than the second round.
Paul averaged over 18 points and 9 assists last season. He has career averages of 18.7 points and 9.9 assists and is still widely considered one of the best point guards in the NBA.
ESPN reported the Rockets needed to make another roster move to clear salary space to acquire Paul.
The deal might not be formally announced until July 6, the day teams can officially announce free agent signings.
The Clippers could not be reached for comment.