However, nothing is imminent and the two sides continue to talk with other teams ahead of the Feb. 18 trade deadline.
McGrady was granted an indefinite leave from the Rockets in December after his representatives and Houston management mutually agreed to pursue a trade that would find a new home for him.
Sources told ESPN.com that the Rockets have expressed interest in acquiring forward Caron Butler and center Brendan Haywood from the Wizards.
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