Rockets trade Victor Oladipo to Heat in last-minute trade deadline deal

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The Houston Rockets have dealt two-time All-Star guard Victor Oladipo to the Miami Heat, per multiple reports around the league.

In exchange, the Rockets will be receiving Avery Bradley, Kelly Olynyk, and a 2022 first-round pick swap.

Oladipo, who will be 29 in May, was acquired by the Rockets in tandem with the trade that sent James Harden to the Brooklyn Nets earlier in the season. Oladipo was swapped with former Nets' forward Caris LeVert in a separate deal that sent Oladipo to Houston.

Oladipo previously declined a two-year, $45.2 million extension offered by the Rockets in late February. Oladipo is in the final year of a four-year, $85 million contract he signed with the Indiana Pacers, and is set to become a free agent at the season's conclusion.

The Oladipo deal was among the last to be completed in the period, with a formal announcement coming well after the conclusion of the deadline at 3 PM. The Heat and Rockets were known to have been in deep negotiations regarding Oladipo for some time.

The Los Angeles Lakers and Golden State Warriors were also reported to have inquired about Oladipo, per reports.

Avery Bradley, 30, spent a majority of his early career with the Boston Celtics before being traded around the league multiple times since 2017. He most recently was a member of the Los Angeles Lakers in 2019, though he did not join the Lakers in the bubble. Bradley played in ten games for Miami this season.

Olynyk, also a long-time Celtic, was acquired by Miami in 2017, and has averaged 10+ points in three of his four seasons with the Heat, including this year.

With Victor Oladipo serving as a factor in the James Harden trade, the Houston Rockets will have officially received a total of four first-round picks, six first-round pick swaps (combining Brooklyn's with Miami's), along with Bradley and Olynyk in exchange for Harden.