The Brooklyn Nets have reacquired their 2026 first round pick from the Houston Rockets in exchange for a 2027 first round pick via the Phoenix Suns. The Rockets originally acquired the pick from the Nets in 2021 as part of the James Harden trade. The deal allows the Nets to control their own draft board, while the Rockets are angling to acquire Kevin Durant from the Suns by owning their future draft picks.
Trading for Durant becomes easier for the Rockets if they can send picks originating from the Suns back to them. The Suns are keeping Durant at this time, but that position could change next season.