Report: Grizzlies trading Steven Adams to Rockets

The Memphis Grizzlies swapped center Steven Adams to the Houston Rockets for guard Victor Oladipo, two 2024 second-round draft picks and one 2025 second-rounder, ESPN reported Thursday.

Adams and Oladipo are not currently playing as they recover from knee injuries.

Adams, 30, played for Memphis for two seasons but sprained the posterior cruciate ligament in his right knee in January 2023. After trying to rehab it without an operation, Adams had to undergo surgery on the knee in October and was ruled out for the 2023-24 season.

He is expected to be ready to return to the court in 2024-25.

Adams has averaged 9.2 points and 8.2 rebounds per game over 706 career appearances (641 starts) for the Oklahoma City Thunder (2013-20), New Orleans Pelicans (2020-21) and Grizzlies.

The oft-injured Oladipo, 31, tore the patellar tendon in his left knee during the first round of the playoffs last spring while with the Miami Heat. That necessitated Oladipo's third major surgery in four years, following two on his right quadriceps.

Since then, Oladipo has been traded three times: from Miami to Oklahoma City, from there to the Rockets and now to the Grizzlies.

Oladipo, the second overall pick of the 2013 draft, has averaged 16.9 points, 4.5 rebounds and 3.9 assists over his 504-game career with the Orlando Magic (2013-16), Thunder (2016-17), Indiana Pacers (2017-21), Rockets (2021) and Heat (2021-23).

—Field Level Media