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The Grizzlies acquired Oladipo (knee) and three future second-round draft picks from the Rockets on Thursday in exchange for Steven Adams (knee), Adrian Wojnarowski of ESPN reports.
Oladipo hasn't played this season and doesn't have a clear timetable for this return from knee surgery, so Memphis acquired him mainly for the purpose of gaining cap flexibility and shedding the contract of Adams, who is also out for the rest of the season. If can return at some point this season, Oladipo would bring added depth to the Memphis backcourt, but it wouldn't be surprising if the Grizzlies looked to move him elsewhere ahead of the Feb. 8 trade deadline in a separate deal.
