The Hawks would get a massive upgrade at the backup point guard spot in John Wall to lead the 2nd unit. He would be the true 6th man of the team and will help when Trae is off the floor and be the go to scorer and playmaker off the bench. Wood is another good player who can space the floor and can take over games with his inside out game which is similar to John Collins. They could even have him come off the bench and be another scorer there and giving the Hawks an elite bench. House is a 3 and D guy who will help on contending teams.
The Rockets get out of Wall's contract and brought themselves some valuable assets which could be used for trades unlike Wall. Bogdan and Gallinari should get a lot of interest around the league. Same for Wright. Okongwu is the key young piece they bring in. He and Sengun can battle it out for playing time which is always nice. Healthy competition. Add in two more FRPs.