The Rockets are about to acquire Iman Shumpert.

Houston is in the process of completing a three-team deal with the Kings and Cavaliers to acquire the guard from the Kings, according to a report from ESPN which cites unidentified league sources.

Houston, Cleveland and Sacramento completing a three-way deal that will send Iman Shumpert to the Rockets, league sources tell ESPN.

— Adrian Wojnarowski (@wojespn) February 7, 2019

Cleveland will reportedly send Nik Stauskus and Wade Baldwin to Houston in the deal.

Cleveland will send Nik Stauskas and Wade Baldwin to the Rockets in the three-way deal, league source tells ESPN. Cavaliers acquired those two guards in Sunday's trade with Portland that sent Rodney Hood to the Blazers.

— Adrian Wojnarowski (@wojespn) February 7, 2019

The Rockets have been in search of a wing player for the better part of the season. They appear to have landed one the night before the trade deadline, which is Thursday at 3 p.m. ET.

The Kings will acquire guard Alec Burks and a second-round pick from the Cavaliers as part of the deal, as well, according to a report from Yahoo Sports.

Cleveland will get Brandon Knight, Marquese Chriss and a 2019 lottery-protected pick from Houston in the trade, according to ESPN's report.

Knight has two seasons, including 2019, and about $30 million left on the five-year, $70 million deal he signed with the Suns.

Houston acquired Knight, alongside Chriss, this offseason in a trade for Ryan Anderson.