This is pretty simple, Rockets simultaneously have no need to trade KPJ, but he’s also a luxury we wouldn’t need with Harden and the 4th pick. This trade sees the 76ers receive a solid young guard, as well as a trade exception of approximately $19million, and all it costs is a future 2029 FRP. I haven’t added any protections to the pick but if that’s the deal breaker for you add protections as necessary. Houston does this deal to add more cap space to potentially sign another player in free agency, as well as get another FRP for future moves, and frees up guard minutes for Harden and pick #4.