Washington Wizards President Ernie Grunfeld announced today that the Washington Wizards have received cash considerations from the Houston Rockets in exchange for the draft rights to Jermaine Taylor.  Taylor was initially selected by Washington with the 32nd overall pick in the 2009 NBA Draft.

“Yesterday we added two solid, proven veterans in Mike Miller and Randy Foye to our roster,” said Grunfeld.  “We already had a great week, and by trading the rights to our second-round pick we were able to add to our flexibility going forward.”