PORTLAND, Ore. -- The Trail Blazers reportedly made two trades at the NBA trade deadline Thursday, dealing away both Gerald Wallace and Marcus Camby.

The Blazers also traded Gerald Wallace for center Mehmet Okur, forward Shawne Williams and a 2012 first round pick from the New Jersey Nets, it was announced today by the team. Portland also requested waivers on centers Greg Oden and Chris Johnson today.

This trade was very compelling to us because not only does it give us more flexibility in free agency, but we also acquire a very attractive first-round draft pick, Acting General Manager Chad Buchanan said. I'd like to thank Gerald, Greg and Chris for all they've done for the franchise and hope for nothing but the best for them and their futures.

The draft pick is top-three protected, meaning the Trail Blazers will own the pick in 2012 as long as it is not in the top three of the NBA Draft.

A 2010 All Star, Wallace is averaging 13.3 points and 6.6 rebounds in 42 starts. He also is an outstanding defensive small forward. Okur has been sidelined since Jan. 27 with a sore lower back. Williams is out for the year after having surgery on his left foot in early February.

Yahoo! also reported Marcus Camby was on his way to the Houston Rockets. Portland would get Hasheem Thabeet and Jonny Flynn.

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