NBA trade review: 17 of 30 teams said 'Let's make a deal'

What they got: Kevin Martin, Hilton Armstrong, Jared Jeffries, Jordan Hill, a 2012 1st-round pick from New York and the right to swap 1st-rounders with New York in 2011

What they gave up: Tracy McGrady, Carl Landry and Joey Dorsey

What it means: The Rockets are now under the luxury tax threshold for the current season and no longer have to pay an enormous amount of money to McGrady to not play. They also got one of the league's best scorers in Martin from Sacramento. Hill, meanwhile, was the No. 8 overall pick in last June's draft and could help the Rockets forget about Landry, who had been a major contributor to the team's success this season.

LOS ANGELES CLIPPERS

What they got: Drew Gooden, Steve Blake, Travis Outlaw and cash

What they gave up: Al Thornton, Sebastian Telfair and Marcus Camby

What it means: The notoriously cheap Clippers got rid of some salary — but this time they claim it's in order to pursue a big-time free agent this summer. It remains to be seen if L.A.'s other team can really entice LeBron James or some other All-Star to willingly put on a Clippers jersey. But they do have the cap space to at least make some offers.

MEMPHIS GRIZZLIES

What they got: Ronnie Brewer

What they gave up: a protected 2011 1st-round pick

What it means: Brewer can start wearing a headband again, like he did in college for Arkansas. He never was able to do that with the Jazz, since Jerry Sloan forbids them.

Memphis is still in the hunt for a playoff spot in the West and was hoping that Brewer would help give them more depth for the stretch run. Unfortunately, he suffered a partially torn right hamstring in his first game with the Grizzlies on Friday night and will be out indefinitely.

MILWAUKEE BUCKS

What they got: John Salmons, Royal Ivey, Primoz Brezec and a 2010 2nd-round pick from the Sixers

What they gave up: Joe Alexander, Hakim Warrick, Jodie Meeks and Francisco Elson

What it means: With Michael Redd out with an injury, the Bucks needed another scorer like Salmons to bolster their bid to make the playoffs this season. In the short run, it will make the Bucks better, while the rival Bulls will be weaker.

However, if Chicago can use the cap space to sign a big free agent this summer, it may be a deal that will come back to haunt Milwaukee.

MINNESOTA TIMBERWOLVES

What they got: Darko Milicic

What they gave up: Brian Cardinal

What it means: Not much. Milicic has been a disappointment throughout his NBA career. The T-Wolves will be able to see what he can do for a couple of months, but so far Milicic — the No. 2 overall pick in the 2003 draft — has had little success on the court.

NEW YORK KNICKS

What they got: Tracy McGrady, Eddie House, J.R. Giddens, Bill Walker, Brian Cardinal and Sergio Rodriguez

What they gave up: Nate Robinson, Marcus Landry, Larry Hughes, Jared Jeffries, Jordan Hill, Darko Milicic, a 2012 1st-round pick and Houston's right to swap 1st-round picks in 2011

What it means: The Knicks are going for broke in their pursuit of LeBron and others this summer. McGrady's huge contract expires, and along with the other deals they've made it means the Knicks will have almost enough money to sign two players to max contracts. Meanwhile, McGrady is excited about playing in New York and says he would take a huge cut in pay to remain there next season. Imagine if the Knicks are able to sign LeBron James, Dwayne Wade and McGrady.

PHILADELPHIA 76ERS