It might pump the brakes a little bit on Houston getting a nice pick from PHX (via a swap with BKN) this year, but HOU still has PHX27 (completely unprotected) and a swap for PHX29 (Houston actually gets the two best picks of HOU/DAL/PHX that year, and BKN gets the worst of the 3).
I think the biggest impact if PHX gets Jimmy, is it will put an end to the possibility that they want to blow it up and send KD or Booker to HOU. The Rockets are still probably getting a decent reward in 2029 though.

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