The Houston Rockets acknowledge that they are trying to trade Tracy McGrady, after the two-time scoring champion's representatives asked the team to deal him.
General manager Daryl Morey said the two sides have had "multiple conversations" and the Rockets "have agreed to look into trade opportunities and have granted him an indefinite leave from team activities."
The swingman was unhappy with his playing time in six games since returning from off-season knee surgery. He left the team before two road games over the weekend.
The seven-time all-star is due to be paid about $23 million this season in the last year of his contract.
Geoff Petrie will get more time to turn the Sacramento Kings into a title contender.
Petrie, a product of Springfield High (Delco) and Princeton, signed a three-year contract extension yesterday to remain president of basketball operations.
His contract was set to expire after this season.
Phoenix traded swingman Alando Tucker, a future conditional second-round draft pick, and cash considerations to Minnesota for guard Jason Hart.
The Suns then waived Hart, clearing cap space.