Via: NBA.com

ckets Trade Steve Francis to Memphis
Dec 24, 2008
Houston Rockets General Manager Daryl Morey announced today that the Rockets have acquired a conditional second-round pick in 2011 from the Memphis Grizzlies in exchange for guard Steve Francis, a 2009 second-round pick and cash considerations. The second-round pick going back to Memphis was originally acquired by the Rockets from the Grizzlies on 2008 NBA Draft night (6/26/08).

“It gives us what we wanted, which was flexibility to sign players,” said Morey. “We can take back more salary in a trade. It gives us the flexibility we were looking for when we matched [Carl] Landry. This will get us a little bit under [the salary cap] to sign a player or take a little extra back.”

Francis (6-3, 210, Maryland), who has not seen any game action with the Rockets this season, returned to Houston as a free agent on July 20, 2007. He averaged 5.5 points, 2.3 rebounds and 3.0 assists in 10 games (three starts) in 2007-08, but underwent successful season-ending surgery to repair a torn quadricep tendon in his right knee on Feb. 26, 2008. In his seven seasons with Houston, Francis averaged 19.0 points, 6.3 assists, 6.0 rebounds and 1.61 steals in 384 games (375 starts).

Francis was originally selected after his junior season by Vancouver in the first round (second overall) of the 1999 NBA Draft. He had his draft rights traded by the Grizzles to Houston on Aug. 27, 1999, in a three-way, 11-player deal.

well no comments on this trade really. If you know me personally then you know i’m one of the biggest stevie fans out there. No matter what people said i still supported my player. He stayed loyal to us by taking less money to resign. i still think he couldve contributed seeing that he did this just last year…..
we’ll see if he actually takes the court in memphis considering they are stacked at the pg/sg position. If not then Franchise just needs to take his cake and retire because its been great. I can always look into the memory bank for this….
…and this…..

….and this…..

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