Nets Trade Terrence Williams To Rockets, Joe Smith To Lakers

Jonathan Feigen of the Houston Chronicle also reports that the Rockets would send New Jersey a second-round draft pick, and has a deal in place to move seldom-used Jermaine Taylor in order to clear a roster spot for Williams.

Smith, a 15-year veteran, signed a minimum-value contract with New Jersey this summer, and has been submerged deep on Johnson’s bench since the first week of the season. It’s unclear whether he would stay on L.A.‘s roster or be waived at some point.