Knicks land Rose, Taylor, draft picks ESPN.com news services New York Knicks-San Antonio Spurs-Houston Rockets: The Knicks are in the process of adding more big salaries to their roster. Two league sources told ESPN Insider Chad Ford that New York has traded Nazr Mohammed and Jamison Brewer to the Spurs for Malik Rose and a first-round pick. The Knicks also traded Vin Baker and Moochie Norris to the Rockets for Maurice Taylor and a first-round pick, Ford reports. Once again, team president Isiah Thomas is willing to take back huge contracts to get more talent. In the Spurs deal, the Knicks are sending back $5.5 million in future salaries for the remaining four years, $27.3 million of Rose's contract. In the Rockets deal, Thomas is sending back $8 million in future salaries and getting back $18 million in return. In total, the Knicks, who have the largest payroll in the league, will add an extra $32 million in future salaries. For the Rockets, this trade was a salary dump and an effort to shore up a thin point-guard crop. For the Spurs, not only did the clear $21 million in long term salary, they got another legit center in Mohammed ? something the team felt the desperately needed. Golden State Warriors-Denver Nuggets: The Warriors traded forward Eduardo Najera and a No. 1 pick to the Nuggets for forwards Nikoloz Tskitishvili and Rodney White, league sources told ESPN Insider Chad Ford. Milwaukee Bucks-Houston Rockets: The Bucks have agreed to a deadline-beating trade, but it doesn't involve Michael Redd. The Bucks traded guard Mike James and center Zendon Hamilton to the Houston Rockets on Thursday for guard Reece Gaines and two second-round picks. The Rockets have coveted James all season for guard depth, and trading him would relieve Milwaukee of the $7.1 million left on James' contract after this season. "Mike James is a talented point guard who gives us another offensive threat," Rockets general manager Carroll Dawson said. "We've been interested in Mike for some time now, and we really liked the defensive toughness that he brings." The Bucks have been trying to trade Keith Van Horn and James this week in hopes of creating more financial flexibility to re-sign Redd this offseason. Cleveland, according to league sources, is the Redd suitor feared most by Milwaukee, and the Cavaliers should have the salary-cap space in July to make the former Ohio State star a strong offer. The NBA trade deadline is today at 3 p.m. ET. James, a four-year veteran, appeared in 47 games for Milwaukee this season and averaged 11.4 points, 2.6 rebounds and 3.9 assists. He signed with the Bucks on Aug. 5 after playing for the NBA champion Pistons in 2004. Hamilton averaged 3.2 points and 2.6 rebounds in 16 games this season. Gaines, in his second season, has played in only 10 games with the Rockets, averaging 2.6 points and 1.1 rebounds. Milwaukee will get the draft picks in 2006 and 2007. Charlotte Bobcats-Cleveland Cavaliers: The Bobcats gained the first-round pick in the 2005 NBA Draft owned by Cleveland.
