Ye I thought that was an issue as Houston was looking pretty bare in the trade check out my 3 teamer below and I didnt realise the 4 teamer posted sorry.
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I know of no rule limiting how many picks a team can have. There is the Stepien rule, but that's about not having picks in consecutive years.
I may be going off of an old memory that is incorrect. Google search doesn't show any limit. Not sure if I can ever remember a team having 4 picks in the 1st round but it may have happened.
Tyrus Thomas and Diaw, Corey Maggete for Blatche, Rashard lewis and their 1st round draft pick?
No way Wash trade that pick until they know where it lands in the lottery,if they get number 1 they will not trade it and its quite possible