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Breaking news: Artest traded to Rockets

Rockets agree to send Jackson, pick, player to Kings for Artest

 

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Rocket would send Bobby Jackson, probably Donte Greene and a No. 1 draft pick in 2009 to Kings.

quote from the ESPN:

"The Houston Chronicle reported that the Kings would receive Bobby Jackson, a No. 1 draft pick in 2009 and another player that the newspaper's source could not identify. The Associated Press, citing anonymous league sources, said that the other player would be rookie forward Donte Greene.

That means the deal can't be announced yet because Greene, acquired by the Rockets on draft night last month, signed a contract with Houston on July 14. A player can't be traded within 30 days of signing a contract, according to league rules.

KRIV television in Houston reported that the Kings will also receive cash."