Marc Spears of Yahoo! Sports reports that the Portland Trail Blazers may have reached a deal to send center Marcus Camby to the Houston Rockets in exchange for center Hasheem Thabeet and guard Jonny Flynn.

Blazers trade center Marcus Camby to Houston Rockets, a source tells Y! Blazers will acquire center Hasheem Thabeet and guard Jonny Flynn from Houston for center Marcus Camby, source tells Y!

Ken Berger of CBSSports.com reports...

Confirmed: Marcus Camby headed to Rockets, who've been pursuing him for a while. If he was going anywhere, Houston was Camby's preference. Jonny Flynn and Hasheem Thabeet go from Houston to Portland for Camby, two sources confirm.

Sam Amick of SI.com reports...

Source confirms Portland sends C Marcus Camby to Houston for Thabeet, Jonny Flynn, and Rox 2012 2nd-round from Minny.

Camby, 37, averaged 3.8 points, 8.9 rebounds, and 1.4 blocks per game in 22.4 minutes for the Blazers.

Thabeet, 25, is a project (bust) who was taken with the No. 2 pick in the 2009 NBA Draft. He's played just 23 minutes this season for Houston. Flynn, 23, was the No. 6 pick in the 2009 NBA Draft and has not lived up to that standing yet. He's played in just 11 games for the Rockets this season. Both players are in the final year of their contracts as team options for 2012-2013 were not picked up.

The Blazers shed a little less than $3 million in salary on this year's books in this scenario.

ALSO : Blazers reportedly agree to trade Gerald Wallace to the New Jersey Nets.

Updates coming.

-- Ben Golliver | benjamin.golliver@gmail.com | Twitter