(Photo by Chris McGrath/Getty Images)

HOUSTON (AP) The Houston Rockets not only got rid of Tracy McGrady on Thursday, they also nabbed a high-scoring guard they've long coveted and set themselves up for big drafts in 2011 and 2012.

The Rockets sent McGrady and his massive expiring contract to the New York Knicks in a three-team, nine-player swap that brought Sacramento shooter Kevin Martin to Houston.

The Rockets also got Hilton Armstrong from Sacramento and Jordan Hill and Jared Jeffries from New York, in addition to the Knicks' first-round draft picks in 2011 and 2012.

Read More...