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Lakers complete trade for Jeremy Lin

Updated: July 13, 2014, 2:19 PM ET
ESPN.com news services

The Los Angeles Lakers completed their acquisition of point guard Jeremy Lin from the Houston Rockets on Sunday.

The Lakers also received a future first-round pick and a 2015 second-round pick in the deal, sending the rights to center Sergei Lishchuk to Houston.

"This trade allows us to acquire a solid player who will make us a better team, as well as draft picks to improve our team in the future, while at the same time allowing us to maintain financial flexibility," Lakers ...

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