I thought that contract values had to approximately balance out. How does a trade like this squeak through?
Well, the Rockets will certainly pursue him(assuming he's not traded again by Philly). But Bogut has to want to come here.
Teams can absorb players into cap space or traded player exceptions. In those cases salary doesn't need to match.
I'm guessing it's for the rights to some overseas nobody or a conditional 2nd rounder that will nevertheless eventuate.
Meh on Bogut... he's gotten worse over the last 5 years (every year he gets worse) and as much credit as he gets for being that somewhat dirty, screen-setting, interior defender in Golden State... they're still doing great at all those things without him.