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Atlantic Notes: Johnson, Afflalo, Nets

July 12th, 2015 at 6:30pm CST by Will Joseph

Amir Johnson signed a two-year, $24MM deal with the Celtics because Boston president of basketball operations Danny Ainge was the first person to phone him at midnight on July 1st. Johnson also was lured because he learned how much of a good fit the team believes he will be in the offense, Chris Forsberg of ESPNBoston.com writes.

“I love the way they approached me during [free agency],” Johnson said. “Nine o’clock, Pacific Time, Boston was the first one to call. Danny Ainge called me first then coach [Brad] Stevens. They approached me well. They respect the type of player I am. And they gave me a number and it was a no-brainer from there.”

Here’s more from the Atlantic Division:

Johnson also told Forsberg how much he liked the idea of the Celtics adding David Lee, who the team is set to acquire. “Very versatile big, kind of like me, runs the floor, great pick-and-roll guy,” said Johnson. “I definitely think he’ll fit into the system, just like me. I think it’ll be a more fast-paced team.”
Arron Afflalo made it clear to the Nuggets at the trade deadline that he preferred to play with the Knicks and is very happy to be with New York now, Marc Berman of the New York Post writes. Despite his preference, Afflalo was dealt to the Blazers. He opted out from the Blazers in June and later signed a two-year, $16MM deal with the Knicks. “We told Denver the Knicks were where he wanted to be,’’ said Afflalo’s agent Sam Goldfeder. “Portland was never mentioned.’’
Deron Williams leaves the Nets as perhaps the single-most forgettable would-be superstar in the history of New York sports, Mike Vaccaro of The New York Post opines. Brooklyn waived the former All-Star Saturday after years of declining performance. Williams differs from other failed stars, Vaccaro writes, because it seemed like the Dallas-native never truly wanted to play for the Nets, even when the team signed him to a $99MM max extension in July 2012.
Nets guard Jarrett Jack told reporters, including Mitch Abramson of the New York Daily News, that he is ready to step in and start at point guard in place of Williams. “If that’s the position they want me to fill, I’m definitely very ready to do so,” Jack said. “It’s not my first rodeo as far as being thrust into the [starter’s] role if that were to be the case. So it’s something that’s not foreign to me and [I’m] definitely ready for the challenge.”

Atlantic Notes: Nets, Wells, Celtics

May 30th, 2015 at 11:30am CST by Eddie Scarito

In a letter sent to Nets season ticket-holders regarding the team’s future, CEO Brett Yormark and GM Billy King failed to mention Deron Williams, Joe Johnson, or Jarrett Jack, which could be a major sign that the franchise intends to part ways with the trio this offseason, Robert Windrem of NetsDaily writes. “We are committed to keeping our core leadership together by re-signing Brook Lopez and Thaddeus Young. At the same time, we will continue to build on our emerging young core of players, such as Mason Plumlee, Bojan Bogdanovic, Markel Brown, and Sergey Karasev,” Yormark and King wrote.

The team also relayed in the letter that it will try to purchase additional draft picks to use this June, Windrem adds. The organization wrote, “[W]e are pleased to own the No. 29 and No. 41 picks. While we are identifying potential selections, we are even open to purchasing additional draft picks if the right opportunity presents itself. Furthermore, this summer, we are planning to be active in pursuing trades that would fill important needs.”

Here’s more out of the Atlantic Division:

Maryland guard Dez Wells relayed that he has a workout scheduled with the Nets in June, Windrem tweets.
The Celtics held workouts on Friday for Corey Walden (Eastern Kentucky), Gerard Coleman (Georgetown-Kentucky), Keifer Sykes (Wisconsin-Green Bay), Scott Eatherton (Northeastern), Travis Trice (Michigan State), and Yanick Moreira (SMU), Chris Forsberg of ESPNBoston.com notes (Twitter link).
Wyoming forward Larry Nance Jr. said that he will work out for the Nets in the coming weeks, Windrem notes ((via Twitter).

Nets Notes: Jack, Plumlee, Prokhorov, D-Will

May 26th, 2015 at 10:46am CST by Chuck Myron

It’s widely assumed that the Nets will look into trading Joe Johnson and Jarrett Jack as cost-cutting alternatives to using the stretch provision to waive Deron Williams, write Marc Stein and Mike Mazzeo of ESPN.com. Trade talk has swirled around Johnson off and on since December, while the Nets likely would have dealt Jack to the Wizards if they’d closed a deal on a proposal to send Brook Lopez to the Thunder, as TNT’s David Aldridge reported in the wake of the deadline. Johnson has a whopper of an expiring contract that calls for a salary of nearly $24.895MM in 2015/16, while Jack is due $6.3MM next season with a partial guarantee of just $500K on the same amount in 2016/17. Stein and Mazzeo have more on the Nets, and while the full piece is a must-read for Brooklyn diehards, we’ll pass along a few highlights here:

Some executives from opposing teams figure the Nets will explore the trade market for Mason Plumlee, too, Stein and Mazzeo hear. The Nets were reportedly unwilling to give up Plumlee in a proposal that would have sent Williams to the Kings in December, though GM Billy King said this month that the Nets looked into the idea of trading every player on the roster at some point this past season. Plumlee’s role on the team decreased after the acquisition of Thaddeus Young and the resurgence of Lopez.
People around the league continue to doubt the idea that Mikhail Prokhorov doesn’t want to sell a majority stake in the Nets, according to Stein and Mazzeo. Josh Kosman and Claire Atkinson of the New York Post reported in March that Prokhorov had ended efforts to do so while Prokhorov said the next month that he had never tried. Stein and Mazzeo cite “persistent rumbles” around the league that the reason Prokhorov isn’t actively trying to sell the team is that he would also have to sell his share of the Barclays Center as part of the deal, a detail that Daniel Kaplan and John Lombardo of SportsBusiness Journal reported in February. However, a sports banker who spoke with Kosman and Atkinson disputed that there was any such mandate that Prokhorov would have had to bundle the team and the arena.
Stein and Mazzeo figure the Nets will indeed consider waiving and stretching Williams, yet they believe Brooklyn will ultimately decide against doing so.

Southeast Notes: Beasley, Webster, Mo Williams

March 4th, 2015 at 12:29pm CST by Chuck Myron

Michael Beasley has promised to reform in the past, but he knows there’s a decent chance his 10-day contract with the Heat represents his final opportunity in the NBA, observes Shandel Richardson of the Sun Sentinel. The former No. 2 overall pick’s deal expires at the end of Saturday.

“I’m still the same guy, but it’s desperation for me,” Beasley said. “This is my last chance, my last shot. It’s either play or sit down and I’m not ready to play at `The Y’, not ready for open gyms. I’m playing to eat right now, and I got kids. It adds that much more.”

While we wait to see if Beasley’s third career contract with the Heat will lead to a fourth, here’s more from the Southeast Division:

The Nets would have had to take Martell Webster if they’d traded Jarrett Jack to the Wizards at the deadline, and the deal would have involved the teams swapping future first-round picks, Grantland’s Zach Lowe tweets. Those Jack proposals appeared to be contingent on Brooklyn’s failed Reggie Jackson-for-Brook Lopez talks, as Lowe points out (on Twitter).
Mo Williams says he took his time on successful Cavs teams earlier in his career for granted and is grateful for last month’s trade that sent him from Minnesota to the Hornets and gave him a chance to compete for a playoff berth again, as he tells Jessica Camerato of Basketball Insiders. The soon-to-be free agent signed with the Wolves knowing they wouldn’t be contenders, but it seems his focus has changed. “I just want to win. It’s as simple as that — just win,” Williams said. “I’m at the point at my career where I’ve made a lot of money, been an All-Star, and one thing I haven’t experienced is playing at the highest level and that’s winning a championship. That’s everybody’s goal.”
Re-signing Trevor Ariza would have helped the Wizards better overcome their recent struggles, but that was a sacrifice the franchise was willing to make to save cap flexibility for a shot at Kevin Durant in the summer of 2016, as Ben Standig of CSNWashington.com examines.

Aldridge’s Latest: Thunder, Lopez, Jackson

February 23rd, 2015 at 2:36pm CST by Chuck Myron

The Thunder aren’t making moves simply out of fear that Kevin Durant will jump ship in 2016 and Russell Westbrook will follow suit the next year, a league source tells TNT’s David Aldridge for his Morning Tip column on NBA.com. Still, it’s been an active season for GM Sam Presti, who went over the tax line to acquire Dion Waiters and stayed above it after Thursday’s swap that sent out Reggie Jackson and brought in Enes Kanter. Aldridge has much more in his column, and we’ll hit the highlights, many of which are Thunder-related:

The Thunder let the Nets know they wouldn’t do the proposed Jackson/Brook Lopez trade just 15 minutes before the deadline, Aldridge reports. The Nets likely would have dealt Jarrett Jack to the Wizards if they’d done that deal, Aldridge adds.
The concern that Arron Afflalo would turn down his player option and hit the open market dissuaded the Thunder from trading for him, as Aldridge explains.
The Rockets preferred Goran Dragic to Jackson and the Celtics weren’t willing to trade young players for the then-Thunder guard, Aldridge writes.
The Thunder didn’t have plans to re-sign Kendrick Perkins in the summer even before they traded him at the deadline, according to Aldridge.

Nets, Thunder Close To Lopez, Jackson Deal

February 19th, 2015 at 1:21pm CST by Chuck Myron

1:21pm: Stan Van Gundy says the Pistons aren’t moving on Jarrett Jack or Heat guard Norris Cole today, according to David Mayo of MLive.com (on Twitter).

1:01pm: The Thunder are looking at a deal with another team, according to Wojnarowski, who indicates that’s the holdup on the Jackson-Lopez front (on Twitter).

12:47pm: Garnett’s decision regarding his no-trade clause won’t affect the Lopez-Jackson deal, sources tell Chris Mannix of SI.com (Twitter link). The Nets are ready to make it happen and are waiting on the Thunder, Mannix says. That would seem to suggest a two-teamer is most likely, but that’s just my speculation.

12:24pm: Jackson is enthusiastic about a potential deal to the Nets, league sources tell Wojnarowski, who hints that Brooklyn’s apparent willingness to unload Jack and sign Jackson to a lucrative deal this summer are major components to that. Jackson is indeed willing to sign long-term in Brooklyn, according to Chris Mannix of SI.com (on Twitter), and that was key to Brooklyn’s pursuit of the would-be trade, as Wojnarowski reported earlier (below). Both Wojnarowski, in his full piece, and Sam Amick of USA Today (Twitter link) have the would-be two-teamer as Lopez to the Thunder for Perkins and Jones, though Wojnarowski says a broader structure of the deal involving other teams remains in play.

12:08pm: The Pistons are a possible landing spot for Jack, sources tell Windhorst (Twitter link). It’s unclear if Detroit would be a part of the Lopez-Jackson deal.

11:42am: The Nets could send Jack to the Wizards as part of a larger deal, a league source tells Wojnarowski (Twitter link)

11:09am: Jackson’s relationship with his teammates on the Thunder has deteriorated quite a bit, according to Royce Young of ESPN.com (Twitter link).

10:43am: The fate of a Nets-Thunder deal involving Jackson and Lopez rests with the Thunder, and for now it would be just a two team arrangement, reports Howard Beck of Bleacher Report (Twitter link).

10:40am: The Nets are one of multiple options the Thunder are looking at regarding Jackson, but a deal between Brooklyn and Oklahoma City remains close, Broussard tweets.

10:20am: Jackson’s camp believes a deal will likely get done, Amick tweets. The Timberwolves and Sixers could be included, perhaps with the Thaddeus Young-for-Kevin Garnett possibility lumped in, according to Wojnarowski (Twitter link). The Nets are again looking to flip Perkins or have him conveyed elsewhere, Windhorst tweets.

10:15am: A deal is close, but not done, as Marc Stein of ESPN.com hears (Twitter link). The teams are talking about deal that would see Oklahoma City relinquish Jackson, Perry Jones III and Perkins as Nets feel out Jackson’s willingness to re-sign, as Wojnarowski writes in a full story. Brooklyn is prepared to part with Jack, and the team would make Jackson the starter of Deron Williams, Wojnarowski adds. League sources once more tell Wojnarowski that it’s believed Jackson will command between $13MM and $14MM this summer. Oklahoma City and Brooklyn are exploring potential third teams to add to the deal, reports Brian Windhorst of ESPN.com (Twitter link).

10:04am: Brooklyn “needs to” include Jarrett Jack in any Jackson-Lopez deal, a source tells Ken Berger of CBSSports.com (Twitter link). A deal might involve Perkins and Ish Smith heading Brooklyn’s way in addition to Jackson, tweets Mike Mazzeo of ESPNNewYork.com.

9:49am: The Nets and Thunder are having serious talks about a deal involving Brook Lopez and Reggie Jackson, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). Wojnarowski reported minutes earlier that there was a decent chance the Nets and Thunder would regather momentum toward a trade involving Lopez if the Nets become convinced they can re-sign Jackson this summer (Twitter link). The Nets and Thunder went deep into discussions on Lopez last month, but those conversations didn’t involve Jackson. The Thunder appear to have been the party with interest in striking up the Lopez talks again while the Nets have seemed hesitant.

Jackson’s agent, Aaron Mintz, recently requested that the Thunder trade his client, who’s due for restricted free agency this summer. The Kings, Bucks, Heat, Pacers, Rockets and Nuggets all appear interested in swapping for Jackson, while there are conflicting reports about whether the Celtics are pursuing him. The 24-year-old turned down an extension offer in the neighborhood of four years and $48MM this past fall, according to USA Today’s Sam Amick (Twitter link). That was around the time teams around the league thought he’d end up commanding $13-14MM a year this summer, as Adrian Wojnarowski of Yahoo! Sports reported at the time.

Lopez is due a player option worth more than $16.744MM for next season, though there are conflicting reports about whether he’d pick it up. Talks between the Nets and Thunder would have sent a package including Kendrick Perkins and Jeremy Lamb to Brooklyn, and the Nets had reportedly spoken to the Wolves about Thaddeus Young and had interest in flipping Perkins to Minnesota for him. Still, Brooklyn remained reluctant to do such a deal with Oklahoma City, apparently because it didn’t want to relinquish Lopez in what would amount to a salary dump with a package centering on Perkins, in spite of the Young discussion.

Latest On Brook Lopez Trade Talks

January 16th, 2015 at 2:01pm CST by Chuck Myron

2:01pm: The Nets want to build more consensus within their organization before they move ahead with any trade, according to Ohm Youngmisuk of ESPNNewYork.com (All Twitter links). Youngmisuk suggests a split still exists over Stephenson but says Lopez talks are liable to restart at any point.

1:07pm: The Nets still want to move Lopez soon, and the Heat remain part of the talks surrounding the center, as Wojnarowski reveals in a full story.

12:51pm: Brooklyn isn’t prepared to simply dump salary, according to TNT’s David Aldridge (on Twitter). The two-team proposal involving the Thunder would have been essentially a salary dump, as Broussard wrote earlier (below).

12:34pm: The Nets are “standing pat” on Lopez discussions for now, a Nets source tells Wojnarowski, saying that there’s nothing on the market that they find appealing (Twitter links).

12:26pm: The Rockets are also looking into Lopez, Wojnarowski tweets.

10:36am: The Thunder and the Nets are making progress on their two-team talks, Wojnarowski reports (on Twitter). Lamb would go along with Perkins to Brooklyn for Lopez, Wojnarowski says, though Oklahoma City would need to add yet more salary to make it work, since the Thunder are above the tax line and can’t take in more than 125% plus $100K of the salary they give up.

9:49am: It was unwillingness on the part of the Nets to take on Stephenson that has Brooklyn considering a two-way deal with the Thunder instead of the three-teamer with the Hornets and Thunder, Wojnarowski tweets.

9:32am: The Nets continue to talk to the Thunder about a swap involving Lopez and Perkins in what would be a virtual “salary dump” for Brooklyn, according to Broussard (Twitter links).

9:05am: It was indeed the Nets who pulled away from the talks with Charlotte and Oklahoma City, but it’s still likely Brooklyn will trade Lopez, Bonnell writes in a full story.

8:44am: The potential deal between the Thunder, Hornets and Nets is “dead” for the time being, a source tells Rick Bonnell of the Charlotte Observer (on Twitter). Reed Wallach of NetsDaily hears there are a lot of deals in play for the Nets (Twitter link).

FRIDAY, 8:00am: The Nets are trying to change some of the players involved in talks with the Thunder and Hornets as Brooklyn continues to resist closing on a deal, Broussard tweets. The rumors have upset Lopez, as a friend of Lopez tells Robert Windrem of Nets Daily (Twitter link). The NetsDaily scribe writes in a full story that league sources say Stephenson’s absence from the Hornets’ lineup has been because of a poor relationship with coach Steve Clifford, and not a groin injury as the team claims.

THURSDAY, 11:57pm: It’d be a surprise if the Nets, Thunder and Hornets don’t come to a deal that sends Brook Lopez to Oklahoma City, numerous league sources tell Rick Bonnell of the Charlotte Observer (Twitter link), who hears from one source who says such a trade is likely to happen, as Bonnell writes in a full story. The Thunder and Hornets have reportedly agreed to a framework of a trade that would involve Lopez going to the Thunder, Lance Stephenson and Kendrick Perkins going to the Nets, and Jarrett Jack and Jeremy Lamb going to the Hornets. Charlotte would also receive Grant Jerrett in that arrangement, tweets Chris Broussard of ESPN.com, though the Nets appear to be holding out as other teams pursue Lopez.

The Nuggets have spoken about a package involving JaVale McGee, but the Nets aren’t high on Denver’s injury-prone big man, reports Adrian Wojnarowski of Yahoo! Sports. The Heat came forward with a proposal involving Chris Andersen, Norris Cole and Josh McRoberts, sources tell Wojnarowski. The Hornets would like to acquire Lopez for themselves, but Brooklyn prefers to send him to the Western Conference, Wojnarowski also hears. The Lakers are also reportedly interested in Lopez.

The Nets were reluctant to take on Stephenson last month, and while the front office remains cautious about him, as other teams around the league believe, Brooklyn’s ownership supports the idea of trading for him, as Wojnarowski details. Brooklyn’s talks involving Deron Williams haven’t found much footing, according to Wojnarowski. The team would like to rid itself of two of Lopez, Williams and Joe Johnson by the trade deadline, and the Nets have indicated to other teams that they want to make a Lopez deal by the weekend.

The Hornets have been “desperate” to trade Stephenson, according to Wojnarowski, though a month ago it appeared Charlotte had put an end to talks, at least temporarily. Still, there’s a strong belief that the shooting guard, a Brooklyn native, will end up back in his hometown, a move he’s hoped to make at some point, tweets Shams Charania of RealGM.

Nets Looking To Deal Brook Lopez

January 15th, 2015 at 10:59pm CST by Eddie Scarito

10:59pm: The Nets have major concerns about acquiring Stephenson, and fear that bringing him home to New York will make his personal issues even worse, Mannix reports (Twitter link)..

10:54pm: The Thunder have joined the Hornets in agreeing to the framework of a trade, but the Nets are still undecided, Broussard tweets.

10:04pm: The proposed three team deal would include Perkins heading to the Nets, Sam Amick of USA Today reports.

9:33pm: Brooklyn’s most serious conversations regarding Lopez are with Western Conference teams, Adrian Wojnarowski of Yahoo! Sports reports (Twitter link). The Lakers are interested in Lopez, but likely lack the assets to get a deal done, Wojnarowski adds.

9:23pm: Charlotte is enthusiastic about getting a deal done, but Brooklyn and Oklahoma City aren’t ready to pull the trigger yet, Broussard tweets. According to Broussard’s source, the discussions are “just talk” right now.

8:49pm: The Nets are discussing a three-way trade that would send Lopez to the Thunder, Stephenson to Brooklyn, and Jeremy Lamb and Jarrett Jack to the Hornets, Chris Broussard of ESPN.com reports (Twitter link). It would take more outgoing salary for Oklahoma City to make this deal work under the salary cap, with Lopez earning approximately $15.7MM this season, and Lamb’s salary only $2.2MM. Kendrick Perkins‘ expiring contract worth $9,654,342 would seem a likely candidate to be included in any deal, though that’s merely my speculation. Such a light return for a player who was deemed the missing piece when the Hornets signed him this past offseason would signal that Charlotte is in a hurry to offload Stephenson, and the chemistry issues he reportedly brings with him.

6:24pm: The Nuggets are among the teams expressing the most interest in acquiring Lopez, Chris Mannix of SI.com reports (Twitter link).

6:15pm: Brooklyn is talking to several teams, but is specifically seeking information on Lance Stephenson of the Hornets, Wojnarowski tweets.

THURSDAY, 6:10pm: The Nets have accelerated trade discussions for Lopez with the intention of moving him soon, Adrian Wojnarowski of Yahoo! Sports reports (Twitter link).

WEDNESDAY, 5:02pm: The Nets are continuing to discuss potential deals involving center Brook Lopez with other teams, Ohm Youngmisuk of ESPNNewYork.com reports (Twitter link). The Heat have recently emerged as suitors, and according to Youngmisuk, have shown strong interest in acquiring the big man from Brooklyn. Any deal involving Lopez would be complicated by his salary, which is $15,719,062 this season, and he owns a player option for 2015/16 for $16,744,218. There have been conflicting reports as to whether or not the 26-year-old will opt in next season, which could impact the trade market for the seven-footer.

Brooklyn has reportedly discussed dealing Lopez to the Thunder for Kendrick Perkins (and his expiring contract), Perry Jones, and Lance Thomas (prior to him being dealt to the Knicks), though the Nets ultimately decided they didn’t like that return for their big man. The Celtics also reportedly checked in with the Nets regarding Lopez, but this was prior to the trade that sent Rajon Rondo to Dallas, and with Boston now in full rebuilding mode, it isn’t clear if the Celtics would still be interested in acquiring the oft-injured center.

Lopez has a wealth of talent, and he can be a dominant scorer when healthy. But injuries have cut short two of his previous three seasons, and big men don’t tend to age well in today’s NBA, which makes any deal for Lopez a gamble. His numbers are certainly impressive though. In 370 career games, Lopez has averaged 17.8 points, 7.2 rebounds, 1.4 assists, and 1.7 blocks. His slash line is .510/.091/.791.

Atlantic Notes: Anthony, Rondo, Jack

December 19th, 2014 at 8:59pm CST by Eddie Scarito

This past summer, Carmelo Anthony resisted the temptation to join the Bulls and instead re-signed with the Knicks, a move that cast him as greedy to his critics and perhaps placed him in basketball purgatory for at least one year, Michael Lee of The Washington Post writes. By taking the deal that paid him nearly $50MM more than Chicago could offer to return to New York, Anthony made a long-term business decision over a logical basketball one, Lee adds. “Regardless of what happened, it would all come down to the money. That’s just the life we live. You can’t escape that,” said Anthony, who admits that his attitude in approaching previous contracts was “don’t leave no money on the table.”

Here’s more out of the Atlantic Division:

Trading Rajon Rondo was the right move for the Celtics, but GM Danny Ainge waited too long to make a deal, which likely reduced the return that Boston received for the point guard, Julian Edlow of WEEI 93.7 FM opines. Edlow believes it would have been better for the Celtics to have traded Rondo this summer after they struck out in their attempts to add a star like Kevin Love to play alongside him.
There has been much written about the Knicks‘ insistence on forcing the use of triangle offense on their players as a big reason for the team’s woes, but the reality is that New York simply does not have the talent to compete this season, Howard Beck of Bleacher Report writes.
Jarrett Jack‘s playing style doesn’t mesh well with that of the Nets, a situation that dealing Jorge Gutierrez to the Sixers has amplified, Robert Windrem of Nets Daily notes. Brooklyn has no other natural point guards besides Jack on its roster to back up Deron Williams, which could force the front office to sign or trade for a pass-first point man prior to the trade deadline, Windrem adds.

Nets Acquire Jarrett Jack In Deal With Cavs, Celts

July 10th, 2014 at 10:06am CST by Chuck Myron

10:06am: The second-rounder going from the Celtics to the Cavs is for 2015, according to Cleveland’s official announcement on the trade. It’s top-55 protected, and if it doesn’t fall within the final five picks of the second round, Boston’s obligation regarding the pick will be extinguished.

THURSDAY, 9:21am: The trade is official, the Nets announce.

“Jarrett is a proven NBA veteran who will add versatility to our backcourt,” Nets GM Billy King said in the team’s statement. “The team had a need in that area and we are excited that we were able to secure Jarrett to fill that role. Sergey is a player who we have followed closely for several years. He is a versatile forward and will be a welcome addition to our roster.”

WEDNESDAY, 10:02am: The Cavs will receive the draft rights to Ilkan Karaman, Christian Drejer and Edin Bavcic from the Nets, tweets Adrian Wojnarowski of Yahoo! Sports. They were second-round picks in 2012, 2004 and 2006, respectively. The first-rounder going from Cleveland to Boston is top-10 protected in 2016, 2017 and 2018 and becomes unprotected for 2019, Wojnarowski adds (Twitter link).

9:46am: The Cavs, Nets and Celtics will complete a three-team trade that sends Jarrett Jack to the Nets and opens up the cap flexibility necessary for Cleveland to give LeBron James a max contract, as Baxter Holmes of The Boston Globe confirms (Twitter link). Marc Stein of ESPN.com first reported that the clubs were on the verge of a deal. Sergey Karasev will go to the Nets as well, while Marcus Thornton, Tyler Zeller, and a first-round pick are headed to Boston. The first-rounder the Celtics are getting is for 2016, as Jeff Goodman of ESPN.com reported, and Holmes says that pick is coming from the Cavs (Twitter link). The Celtics send a future second-round pick to the Cavs, Holmes tweets.

It appears as though the Celtics will slip Thornton, who’s set to make $8.575MM next season, and Zeller, set for slightly more than $1.5MM, into the nearly $10.3MM trade exception left over from last year’s Paul Pierce trade, as Goodman pointed out. The Cavs No. 1 option is using the max-level cap flexibility the deal creates to chase LeBron, but if not, they’ll reportedly go after second-tier free agents, with Trevor Ariza apparently among their targets.

Cleveland and the Nets were reportedly working for weeks on a trade involving Jack and Thornton, but with the Cavs uninterested in taking back Thornton’s salary, the involvement of a third team became necessary. The Hawks were among the teams the Cavs were reaching out to, but the idea of acquiring Thornton was apparently a turn-off for them. Enter the Celtics, who’ve been looking to acquire assets necessary to enhance their standing for a Kevin Love trade.

The Nets end up with a backup point guard to replace Shaun Livingston, who signed with the Warriors. They also receive Karasev, just a year removed from having been the 19th overall pick in the 2013 draft, to help inject youth into a veteran-laded team. The Nets believe Jack could even start next to Deron Williams, as Livingston did for much of last season, while they were eyeing Karasev during the draft last year, TNT’s David Aldridge tweets.