The Rockets and Cavaliers were discussing a potential Burks trade for quite some time.
He entered the day averaging 17.8 points and 4.3 rebounds a game for Dallas, where he has spent the past two-plus seasons after beginning his pro career with the Golden State Warriors. The Cavs acquired them from the Trail Blazers for Rodney Hood on Monday, and now they've been dealt twice in the last 24 hours. The Rockets made this deal to get Knight's contract off the books. He will be a free agent this summer.
The Kings acquire a scoring option off the bench in Burks that could figure into the rotation as they look to make a playoff push.
In Cleveland's fourth in-season trade, the Cavs have now gathered two first-round and six second-round picks.
The 23-year-old Jackson has played in 52 games with three starts for the Mavericks this season, averaging 6.7 points per game.
Knight, Chriss and the first rounder are headed to Cleveland. They were rumored to have interest in Shumpert at the 2017 trade deadline.