The Houston Rockets are getting center Derrick Favors and a 2025 second-round draft pick in an eight-player trade with the Oklahoma City Thunder.

The Thunder will get two draft exemptions and save $1 million in salary in a deal that sends Favors, guards Ty Jerome and Theo Maledon and forward Moe Harkless to the Rockets for David Nwaba, Sterling Brown, Trey Burke and Marquese Chriss, sources said.

The Thunder are sending a 2025 second-round pick gained for the current week in one more trade with the Atlanta Hawks, sources said.

The deal drops the Thunder around $10 million under the luxury tax threshold. After the trade, both the Thunder and Rockets have 18 ensured agreements on their particular rosters and should pare them down to 15 by Oct. 17.

Harkless, who was gained in the trade with Atlanta, can be moved again on the grounds that he was retained into a disabled player exception. Just Maledon and Nwaba are under agreement for the 2023-24 season – – both with team options.