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BREAKING: Phoenix Suns Reportedly Trade For 7-Year NBA Player

According to Shams Charania of The Athletic and Stadium, the Suns are acquiring Royce O'Neale from the Nets.

UPDATE: The trade is official.  

UPDATE: Shams Charania of The Athletic and Stadium has reported more details. 

Via Charania: "Reunion: Memphis is expected to acquire Yuta Watanabe from Suns as part of this three-team trade, sources said. Suns are sending out three other minimum salaries -- Keita Bates-Diop, Jordan Goodwin, Chimezie Metu -- too."

UPDATE: Shams Charania of The Athletic and Stadium reported that the deal will also include the Memphis Grizzlies, and the Suns will get David Roddy. 

Via Charania: "Memphis is sending David Roddy to the Suns for a pick swap as part of a three-way with Phoenix and Brooklyn, sources tell @TheAthletic @Stadium. Suns pick up O'Neale and Roddy for their postseason rotation."

On Thursday evening, the Phoenix Suns will host the Utah Jazz in Arizona. 

Before the game, Shams Charania of The Athletic and Stadium reported that the Suns are finishing up a trade to acquire Royce O'Neale from the Brooklyn Nets. 

Via Charania: "Brooklyn is finalizing a trade sending Royce O’Neale to Phoenix for salaries and three second-round picks, sources tell @TheAthletic @Stadium."

O'Neale has played in 49 games and is averaging 7.4 points, 4.5 rebounds and 2.8 assists per contest while shooting 38.8% from the field and 36.6% from the three-point range.  

In addition to Brooklyn, he has also spent time with the Utah Jazz over his seven seasons playing in the NBA. 

Right now, the Suns are the fifth seed in the Western Conference with a 30-21 record in 51 games. 

They are 7-3 over their last ten games and are in the middle of a two-game winning streak. 

The Suns have one of the best rosters in the league, led by Kevin Durant, Devin Booker and Bradley Beal. 

Adding a player like O'Neale gives them depth that could end up being vital in a playoff series.