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Sources: New trade offer in works

Updated: July 14, 2012, 2:33 PM ET
By Marc Stein and Chad Ford | ESPN.com

The Houston Rockets have reconstructed their trade proposal to the Orlando Magic for superstar center Dwight Howard, vowing to take back even more long-term salary from the Magic in hopes of convincing Orlando to consent to trade Howard directly to Houston, according to sources briefed on the trade talks.

Sources told ESPN.com the Rockets, after going ahead Friday with their plans to release starting power forward Luis Scola via the NBA's amnesty clause, are now able to absorb the contracts ...

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