Shake Milton

Lakers Notes: Vincent, Finney-Smith, Vanderbilt, Wildfire

Even though the Lakers lost by 21 points at Dallas Tuesday night, the return of Gabe Vincent provided some good news, writes Khobi Price of The Orange County Register. Vincent sat out the previous four games with a strained left oblique he suffered December 28. He went scoreless in 24 minutes, but coach J.J. Redick was happy to have Vincent back on the court.

“Have missed his toughness first of all,” Redick told reporters before the game. “He’s someone that has, as the season (goes on), it seems like he’s got increasingly tougher on the defensive end. His screening takes care of the basketball. Another handler. And then he’s shot the ball really well for a sustained stretch starting with that Utah game (on December 1) when he was in the starting lineup. So we’ve missed him. He’s a pro. It’d be good to get a look at the group with him back.”

Price notes that before the injury, Vincent had been playing his best basketball since joining the Lakers in the summer of 2023. He averaged 7.3 points on 43.9% shooting in his previous 11 games.

Shake Milton replaced Vincent while he was sidelined, and Price points out that L.A.’s rotation is the healthiest it has been since acquiring Milton and Dorian Finney-Smith in a December 29 trade with Brooklyn.

There’s more on the Lakers:

  • Finney-Smith has only played five games since the deal, but he’s noticed that the Lakers aren’t communicating enough on defense, according to Dave McMenamin of ESPN. They gave up 119 and 118 points in two road games this week. “We got to do a better job of talking behind guys, giving them confidence so defenders can crawl up in ball handlers and force them to the rim,” Finney-Smith said. “And we got (Anthony Davis) down there, so we got to use it.”
  • Mismatches have been a problem for the Lakers on defense, as Dallas repeatedly targeted Austin Reaves and Dalton Knecht with isolations, observes Johan Buha of The Athletic. The recent return of backup center Jaxson Hayes was supposed to provide another rim protector, but Buha states that Hayes hasn’t been good in that role since he was cleared to play. Jarred Vanderbilt will be reevaluated in a week and Christian Wood is expected to be back soon, but they might not make an impact right away. Redick said Tuesday that Vanderbilt will be eased back into the rotation, probably starting at around 10 minutes per game.
  • Redick said his family was among the many who had to evacuate Tuesday night due to a wildfire that swept through Southern California, per Stefan Stevenson of The Associated Press. The NBA released a statement regarding the status of Thursday’s scheduled game against Charlotte at Crypto.com Arena, relays Shams Charania of ESPN (Twitter link). “We are in communication with the Lakers and Hornets and continue to closely monitor the situation to determine if any scheduling adjustments are necessary related to tomorrow night’s game,” league spokesman Mike Bass said.

Pacific Notes: Christie, Finney-Smith, Podziemski, Warriors

Kings interim head coach Doug Christie picked up his first win on Monday, as Sacramento took advantage of a Dallas team missing its top two scorers and snapped a six-game losing streak, registering its first home win since December 8. Christie has been an assistant coach in Sacramento since 2021, so his players were happy to see him get his first official victory as a head coach, writes Eric He of The Associated Press.

“We’ve spent three summers now with him,” Sabonis said. “He works his butt off and just to see him installing what he believes in the guys, and the guys reacting that quickly to it is awesome.”

As Jason Anderson of The Sacramento Bee details, Christie got emotional ahead of the game when asked by CBS Sacramento’s Jake Gadon what he wanted to say to Kings fans as the team attempts to turn its season around.

“I love you, first, because this is an incredible fan base, but I would say more than anything, know that we are here to put a product out on the floor that makes you proud,” Christie responded. “… I think everyone understands who I am and what I’m trying to do, so I don’t need to reiterate that, but first and foremost, there’s steps to that process, and the first step is that when they walk in the doors and they leave the doors, they know that team played their f—ing a– off.”

Given that multiple reports in the wake of Mike Brown‘s dismissal indicated that Kings players had grown weary of the coach’s public criticism of the team, one post-game remark Christie made while discussing the team’s need to perform better in “clutch” situations was especially noteworthy.

“When it comes to that point, what are you willing to do?” Christie said, according to He. “I know what I’m willing to do for you, and I’m going to support them in any way I can. Because it’ll always be my fault. It’ll never be their fault. They go do their job. I’m here to take the bullets.”

Here’s more from around the Pacific:

  • Lakers newcomers Dorian Finney-Smith and Shake Milton have been given the go-ahead to debut for their new team on Tuesday vs. Cleveland, according to Shams Charania of ESPN (Twitter link), who reports that the physicals for the four players involved in this week’s Lakers/Cavaliers swap are complete. As Jovan Buha of The Athletic relays, Finney-Smith said on Tuesday that he knew the odds were “high” that he’d be traded the season and added that he’s excited to play for the “big bros” in Los Angeles after being the “little brother” to the Knicks in Brooklyn.
  • The MRI on Brandin Podziemski‘s abdominal strain came back clean, according to Warriors head coach Steve Kerr. Kerr told reporters – including Tim Bontemps of ESPN (Twitter link) –  that the guard is considered day-to-day after getting injured on Saturday and sitting out Monday’s game.
  • With their loss to Cleveland on Monday, the Warriors have now dropped 13 of 17 games and are back to .500 after starting the season 12-3. Star guard Stephen Curry referred to the team as “very average” at the moment, Anthony Slater of The Athletic writes, noting that several of Golden State’s offensive weapons – including Buddy Hield and Dennis Schröder – are going through shooting slumps at the same time. During the Warriors’ 12-3 start, they had the NBA’s sixth-best offensive rating (115.7); in their past 17 games, that number has plummeted to 106.1, ahead of only Charlotte and Washington.

Pacific Notes: Lakers, O’Neale, Booker, Allen, Kuminga

Lakers star LeBron James had a lot of good things to say about his new teammates, Dorian Finney-Smith and Shake Milton, Jovan Buha of The Athletic tweets. That duo was acquired in a deal with the Nets over the weekend.

“Obviously, they bring experience, they bring toughness,” James said. “They’ve played in big games and have mastered their roles throughout their careers. I’m looking forward to them getting into our system and making an immediate impact whenever their number is called.”

Coach JJ Redick said he expects both of the new additions to play against Cleveland on Tuesday, Mark Medina of Sportkeeda tweets. He’ll use them in reserve roles.

We have more from the Pacific Division:

  • Redick said Gabe Vincent didn’t practice on Monday due to an oblique injury and is questionable for Tuesday’s game, Buha tweets. Jaxson Hayes (ankle) is probable, while Jarred Vanderbilt participated in non-contact portions of practice and remains out.
  • Suns forward Royce O’Neale (left ankle sprain) had imaging done on his ankle with promising results but he didn’t practice on Monday, Duane Rankin of the Arizona Republic tweets. Devin Booker (groin) and Grayson Allen (concussion protocol) participated in 5-on-5 drills on Monday. They could both return to action against Memphis on Tuesday. Booker is listed as questionable, while Allen is probable, Rankin tweets.
  • Warriors forward Jonathan Kuminga, a restricted free agent after the season, has pumped up his value in recent games. He’s posted back-to-back 34-point outings against the Clippers and Suns. Kuminga is averaging 21.3 points and 6.0 rebounds per contest this month.  “I just think he’s turning a corner,” coach Steve Kerr told Anthony Slater of The Athletic.

Lakers Acquire Dorian Finney-Smith In Four-Player Deal

3:33pm: The trade is official, according to press releases from both clubs.


11:20am: The Lakers will trade D’Angelo Russell, Maxwell Lewis and three second-round picks to the Nets in exchange for Dorian Finney-Smith and Shake Milton, according to Shams Charania of ESPN.

The second-rounders heading to Brooklyn will be Los Angeles’ own selections in 2027, 2030 and 2031, sources tell Charania. The ’27 pick being conveyed to Brooklyn is contingent on the ’27 first-round pick (top-four protected) L.A. owes Utah, notes Bobby Marks of ESPN (Twitter link), as the Lakers will send the Jazz their ’27 second-round pick if the ’27 first-rounder lands in the top four.

Finney-Smith had been one of the most sought-after three-and-D players on this year’s market and will bring versatility to a team that has been looking to improve its defense. He’s having one of the best shooting seasons of his career, connecting at 45.9% from the floor and 43.5% from three-point range while averaging 10.4 points and 4.6 rebounds per night through 20 games.

The 31-year-old forward is earning $14.9MM this season and has a $15.4MM player option for 2025/26 that he may be more likely to exercise if he’s part of a contending team in L.A. He could also decline the option in order to sign a longer-term deal with the Lakers or to test the free agent market.

Milton is signed through 2026/27, but only this season is guaranteed at $2.875MM. His salaries of $3MM for next season and $3.3MM for the following year won’t become fully guaranteed until the summer before each season.

Russell has an $18.7MM expiring contract, along with $700K in unlikely bonuses that will count toward the apron, according to Bobby Marks of ESPN (Twitter link). Lewis is making $1.9MM this year and has a $100K guarantee on his $2.2MM salary for 2025/26.

Russell spent time with Brooklyn early in his career and reportedly didn’t part on great terms when he was traded to Golden State in 2019. While he may be a buyout candidate, Russell’s $18MM+ salary would make him ineligible to join any team operating above either tax apron if he’s waived.

The Lakers were able to save some money in the deal and give themselves more flexibility under the second apron, Marks adds (Twitter links). They are currently within $30K of the second apron, but that number will rise to about $3.5MM once the deal is finalized and their projected tax bill will drop by about $11MM. Because they won’t have to aggregate their two outgoing salaries, the Lakers also still won’t be hard-capped at the second apron.

The trade will cost the Lakers three of the five second-round picks they had available to move, but they still have a pair of 2025 second-rounders, first-rounders in 2029 and 2031, and first-round pick swaps in 2026, 2028, and 2030 to offer in any future deals.

The Nets will continue their rebuilding process after sending Dennis Schröder to Golden State two weeks ago. They now project to have $65MM in cap space this summer, according to cap expert Yossi Gozlan (Twitter link), which gives them more ammunition to pursue high-level free agents and still re-sign Cam Thomas. Their cap room had previously been projected at around $50MM due to Finney-Smith’s player option.

Brooklyn will have 16 second-round picks and 15 first-rounders over the next seven years, Gozlan adds (Twitter link), giving them more draft equity than any other team. Taking on the extra salary leaves the Nets about $677K below the luxury tax for this season.

A report on Saturday night from Marc Stein indicated that the Nets and Grizzlies were actively involved in discussions that would send Finney-Smith to Memphis in exchange for a package centered around John Konchar and Luke Kennard.

The Grizzlies may have been willing to part with a first-round pick for Finney-Smith, but reportedly wanted to heavily protect that selection and sought second-round compensation in return. Stein states that the Lakers were able to top that offer by giving Brooklyn three second-round picks (Twitter link).

Nets Notes: Schröder, TPE, Beekman, Milton

Discussing the trade that sent Dennis Schröder to Golden State, Nets general manager Sean Marks acknowledged that the veteran point guard, who was having perhaps the best season of his 12-year NBA career on the court, will be missed and explained why he decided to move him, per Brian Lewis of The New York Post.

“We’re going to miss Dennis the person, on and off the court. What he did for us in the locker room, his leadership, he exemplifies the Brooklyn grit we talk about,” Marks said on Sunday. “But these are decisions you have to make when your ultimate goal is long-term, sustainable success. We’re weighing a lot of factors … looking at the big picture, this is what’s best for our organization long term.”

Marks cited the draft assets the Nets acquired from the Warriors as a major reason why the team made the trade, but as Lewis writes, it’s more important to note that moving Schröder will help Brooklyn maximize the value of its own 2025 first-round pick, since losing him will hurt Brooklyn on the court.

The veteran point guard had been the driving force of an offense that was more effective than expected this fall — the Nets’ 113.1 offensive rating ranks 13th in the NBA, ahead of starrier teams like the Warriors and Lakers. It’s safe to assume that figure will drop with Schröder gone, which will make things harder on first-year head coach Jordi Fernandez. However, Fernandez made it clear on Sunday that he and the front office are aligned on the long-term vision for the franchise.

“Are we going to miss him here? Yes, because he’s a great guy and did great things for us. But we have assets, and moving forward that will be a good thing for our future,” Fernandez said. “So, I understand that’s how it works. It’s not my part of the job. My job is to work with these guys … and make them play hard. Our vision from ownership to the front office to the coaching staff is aligned, and we’re going to keep doing it this way.”

Here’s more on the Nets:

  • According to Lewis (Twitter link), the Nets opted against using their mid-level exception or the $23MM trade exception from the Mikal Bridges deal to take on Melton’s $12,822,000 salary. Using either one of those exceptions to acquire Melton would’ve generated a $13MM-ish exception worth Schröder’s outgoing salary, but Brooklyn opted to keep the MLE and the large TPE intact, creating just a minuscule TPE worth the difference between Schröder’s and Melton’s salaries ($203,250).
  • Kevin Pelton of ESPN (Insider link) gave the Nets a B-plus grade for the Schröder trade, though he wondered how much more value the club could’ve extracted if it had been willing to take back multiyear salary instead of expiring money.
  • Two-way player Reece Beekman, sent from Golden State to Brooklyn along with De’Anthony Melton, wasn’t just a throw-in. He’ll give the Nets another option at point guard, and Marks said on Sunday the team is looking forward to taking a “good close-up look” at the rookie, who will get a chance to compete for rotation minutes, Lewis writes for The New York Post. “Yeah, excited to have him,” Fernandez added. “Defensive-minded player; I think he led his conference in steals (last season). A point guard that will help our ball pressure, our activity on defense, play-making, running the team. So, excited to have him. He’ll get here soon, so we’ll get to work with him soon.”
  • Schröder’s exit also means that veteran guard Shake Milton figures to see more playing time at the point, which is a challenge he’s looking forward to taking on, according to Lewis. “Just continuing to do what we do: Get out, play fast, play with pace, pace and space. Get in the lane. Create for myself, create for others,” Milton said of his goals. “(Schröder’s) points for sure, something that we’re gonna miss. But he also (had) around seven assists a game. And then also he was the leader when it came to picking up full court. So those are important things you’ve got to pick up on, too.”

Nets Notes: Schröder, Defense, Milton, Fernandez

The Nets’ impending trade of Dennis Schröder to Golden State could be the first step in tearing down the roster and focusing more on next year’s draft than this season’s win-loss record, writes Brian Lewis of The New York Post.

There was an expectation that Brooklyn would be one of this season’s top tanking teams after regaining control of its 2025 and 2026 first-round picks in an offseason deal with Houston. There were concerns the Nets might be getting away from that strategy after a surprisingly strong start that has them in the midst of the East playoff race at 10-15, but the Schröder deal will likely accelerate a move down the standings.

Lewis points out that the loss of Schröder leaves the often-injured Ben Simmons as the only experienced point guard on the roster. De’Anthony Melton, who’s being acquired from the Warriors, is out for the season with a torn ACL, and the other options are shooting guards Keon Johnson and Shake Milton.

Schröder has been an important part of the Nets’ early-season success, averaging 18.4 points and 6.6 assists in 23 games. His performance, combined with affordable $13MM contract, made him an attractive trade target and minimized the chances that he would finish the season in Brooklyn. Before news of the deal leaked, Schröder talked to Lewis about being the subject of trade rumors.

“I’ve been in the league 12 years and people have talked about my name in trade talks for 12 years,” he said. “I’ve [only] been traded twice, so [gossip] is going to happen. They use it as an event where they can promote who is on the block. I don’t really care. But I’ve bought into this system right now because they pay my checks, and I’m doing my job every single day, and I’m always professional about it, always going to make the most out of it. Get 1 percent better every day. And whatever happens, happens. I understand it’s a business, but no worries here.”

There’s more from Brooklyn:

  • Defensive issues might have held down the Nets’ ceiling even if they had kept the roster together, Lewis states in a separate story. The team hasn’t improved its defense despite getting healthier, and it currently ranks last in opponent’s field goal defense and effective field goal percentage while being in the bottom five in other categories. “All the big bodies were in [Friday] and we still did a terrible job of protecting the rim. So it’s just something we got to figure out. We’ve all got to be on the same page,” Nic Claxton said. “I need to do a better job of protecting the rim. My blocks are down this year. But it’s on everyone, just being on the same page with our defense. Our defense isn’t good.” 
  • Milton is grateful to be playing regularly after logging just 27 total minutes after the Knicks signed him in March, per Bridget Reilly of The New York Post. Cam Thomas‘ hamstring injury has created an opening for Milton, who’s playing nearly 25 minutes per night over the past nine games.
  • More roster changes could be coming before the trade deadline, possibly involving Cameron Johnson and Dorian Finney-Smith, but head coach Jordi Fernandez isn’t focused on that, Reilly adds in another piece. “We love our group, I love my group, so I keep working with them every day going into the game like they are our group and they will be our group,” he said after Thursday’s practice. “Whatever happens, that I cannot control. I cannot be talking about it or worrying about it because that’s not, like you said, it’s not my job.”

Nets Notes: Claxton, Finney-Smith, Johnson, Milton, Fernandez

Several Nets players sat out Friday’s preseason finale, but the team expects Nic Claxton and Dorian Finney-Smith to be ready when the season tips off Wednesday in Atlanta, writes Brian Lewis of The New York Post. Claxton has been dealing with hamstring soreness, and coach Jordi Fernandez has been careful not to overextend him throughout the preseason.

“Nic is close. We’re still aiming for the first game of the season,” Fernandez said. “He’s done a good job. He’s working hard. So we expect him to play the season opener.”

Finney-Smith was held out after landing on his back on a collision in Wednesday’s game, but his coach doesn’t believe it will affect his status for opening night.

“Hard fall. Nothing serious. Just precaution,” Fernandez said. “He’s one of the guys that he still would go and run through the wall, and you’ve got to tell him to rest because his body is sore.”

Day’Ron Sharpe remains sidelined with a strained left hamstring and Bojan Bogdanovic is still recovering from offseason surgeries on his left foot and wrist. They both missed the entire preseason, and Lewis says neither one is close to returning.

There’s more from Brooklyn:

  • Cameron Johnson displayed his versatility this week, handing out six assists while running the offense out of the high post in Wednesday’s game and then scoring 32 points in 32 minutes on Friday, Lewis adds in the same piece. “I expect to do it all season,” Johnson said. “I think interchangeability is what we’re looking for.” 
  • The Nets need to find a reliable backup point guard for nights when Dennis Schröder and Ben Simmons aren’t both available, Lewis states in a separate story. One option is Shake Milton, who was acquired from New York in the Mikal Bridges trade and has been given a chance to run the offense during the preseason. “Not really an adjustment at all,” he said. “I feel like I’ve been doing that since I got in the league, being on the ball and off the ball, so being able to do whatever the team needs me to do is honestly more important. That’s just how you’re able to create opportunities, whether it’s on the ball and creating for myself or others or off the ball, getting aggressive, just whatever needs to be done.”
  • Fernandez is focused on building relationships in his first season as an NBA head coach. He explains his philosophy to Lewis in another piece for the New York Post.

Contract Details: George, Martin, Wiseman, Isaac, Hield, More

Following the end of the July moratorium on Saturday, teams wasted no time in officially finalizing many of the contracts they’d agreed to up until that point.

Now that those contracts have been completed, we have the official details on many of them. Here, via several reporters – including Keith Smith of Spotrac, Michael Scotto of HoopsHype, and cap expert Yossi Gozlan – as well as our own sources, are some of those notable details:


Players with trade kickers:

Lakers forward LeBron James (15%), Knicks forward OG Anunoby (15%), Sixers forward Paul George (15%), Sixers forward Caleb Martin (15%), Mavericks sharpshooter Klay Thompson (15%), and Mavericks forward Naji Marshall (5%) received trade kickers on their new free agent deals, while Celtics guard Derrick White (15%) got one on his contract extension.

As an aside, James’ exact starting salary in 2024/25 is $48,728,845, which is $1,258,873 below the maximum he could have earned.

Players who waived their right to veto a trade:

A player who re-signs with his team on a one-year contract (or two-year contract with a second-year option) is typically awarded the right to veto a trade, but has the option to waive that option.

Heat center Thomas Bryant, Rockets guard Aaron Holiday, Raptors wing Garrett Temple, and Magic teammates Gary Harris and Moritz Wagner all surrendered their right to veto a trade in 2024/25 and could be moved freely.

Unlikely incentives:

Nets center Nic Claxton ($97MM base + $3MM incentives), Pacers forward Obi Toppin ($58MM +$2MM), Suns forward Royce O’Neale ($42MM +$2MM), and Sixers forward Martin ($35,040,704 + $5,256,106) are among the players whose contracts include unlikely bonuses that would boost the total guaranteed salary if those incentives are reached.

As cap expert Albert Nahmad observes, the structure of Martin’s contract helped the 76ers maximize their cap room, since his unlikely incentives don’t count toward the cap once he signs.

It wouldn’t surprise me if Martin’s “unlikely” incentives are easier to earn than a typical player’s incentives would be — I don’t expect them to be for making an All-Star team or anything like that. An incentive is considered unlikely for cap purposes if the player wouldn’t have met the criteria the year before. For example, as Nahmad suggests, a bonus related to Martin making 24 or more starts would be considered unlikely because he started 23 games last season. Martin’s bonuses – considered “unlikely” for cap purposes but perhaps “likely” to be earned in reality – could have served as a way to strengthen the Sixers’ offer without sacrificing that extra cap room.

It’s also worth noting that a player’s unlikely incentives can’t exceed 15% of his guaranteed base salary, and Martin’s $5,256,106 in incentives represent exactly 15% of his overall $35,040,704 salary.

Partial or non-guarantees and options:

James Wiseman‘s two-year, minimum-salary contract with the Pacers is guaranteed for $500K in year one, with a team option for 2025/26. That team option would be guaranteed for $569,041 if exercised (ie. the same percentage as his first-year salary).

Luka Garza got a similarly structured two-year, minimum-salary deal with the Timberwolves, except his first year is fully guaranteed prior to his second-year team option. That 2025/26 option would be guaranteed if picked up.

As previously reported, Isaiah Hartenstein‘s three-year, $87MM deal with the Thunder includes a team option for 2026/27. It’s worth $28.5MM, with $58.5MM in guaranteed money across the first two seasons.

Magic teammates Harris ($7.5MM) and Wagner ($11MM) each have second-year team options on their two-year deals.

The Rockets used their full bi-annual exception to give Holiday a two-year deal worth $9,569,400 that includes a second-year team option ($4,901,400).

Neemias Queta‘s three-year, minimum-salary contract with the Celtics is fully guaranteed in year one with a partial guarantee of exactly 50% ($1,174,789 of $2,349,578) in year two, plus a third-year team option for 2026/27. The third-year option ($2,667,944) would be guaranteed for 50% ($1,333,972) if exercised. Since his minimum deal covers more than two years, a team wouldn’t be able to acquire Queta via the minimum salary exception if he’s traded down the road.

Jonathan Isaac‘s new long-term deal with the Magic is partially guaranteed ($8MM of $14MM) in 2026/27, with non-guaranteed salaries of $14.5MM in 2027/28 and $15MM in 2028/29. However, each of those salaries would become fully guaranteed if Isaac plays at least 52 games in the prior season. For instance, if Isaac were to appear in 54 games in 2026/27, his $14.5MM salary for ’27/28 would be fully guaranteed.

Sign-and-trade contracts:

Interestingly, Kyle Anderson‘s and Buddy Hield‘s new contracts with the Warriors have the exact same salaries for the first three seasons: $8,780,488, $9,219,512, and $9,658,536. Anderson’s three-year deal is fully guaranteed for the first two years and non-guaranteed in year three.

As for Hield, his four-year contract is fully guaranteed for the first two years, with a partial guarantee of $3MM for year three. His fourth year is a $10,097,560 player option that would be partially guaranteed for $3,136,364 if exercised.

Klay Thompson’s three-year contract with the Mavericks comes in at exactly $50MM, as reported — it starts at $15,873,016 and features 5% annual raises.

Jonas Valanciunas‘ three-year contract with the Wizards is worth $30,295,000 in total, beginning at $9.9MM (which is the amount of the trade exception generated for the Pelicans). It’s fully guaranteed for the first two seasons and non-guaranteed in year three.

Cody Zeller got a three-year, $11,025,000 deal in the sign-and-trade that sent him from New Orleans to the Hawks. The first year is guaranteed for $3.5MM, with two non-guaranteed seasons after that.

Finally, as part of the Mikal Bridges trade, new Nets guard Shake Milton got a three-year, $9,162,405 contract that has a guaranteed first-year salary of $2,875,000, with two non-guaranteed years after that ($3MM in 2025/26 and $3,287,406 in ’26/27). His teammate Mamadi Diakite, who was also sent to Brooklyn in the trade, had his $2,273,252 salary partially guaranteed for $1,392,150.

Milton’s $2,875,000 salary, Diakite’s $1,392,150 partial guarantee, and Bojan Bogdanovic‘s $19,032,850 salary add up to $23.3MM, which is equivalent to Bridges’ salary — the exact amount of outgoing salary the Knicks needed to send to avoid being hard-capped at the first tax apron.

Nets, Knicks Officially Complete Mikal Bridges Trade

The Knicks have officially acquired star forward Mikal Bridges from the Nets, the teams announced today in a pair of press releases.

“We are thrilled to add a player of Mikal’s caliber to the Knicks family. His ability to score, shoot and defend at an elite level will add to a team that continues to grow,” Knicks president Leon Rose said in a statement. “Not only does he demonstrate excellence on the court but Mikal’s strength of character, diligence and dedication to the game of basketball are vital to the culture we continue to build in New York.”

The two clubs reached an initial agreement on June 25, then finalized an expanded version of the deal on Thursday to allow the Knicks to avoid becoming hard-capped at the first tax apron ($178.1MM). New York will instead be hard-capped at the second apron ($188.9MM).

The final terms are as follows:

  • Knicks acquire Bridges, Keita Bates-Diop, the draft rights to Juan Pablo Vaulet, and either the Pistons’, Bucks’, or Magic’s 2026 second-round pick (whichever is least favorable).
  • Nets acquire Bojan Bogdanovic, Shake Milton (sign-and-trade), Mamadi Diakite, the Knicks’ 2025 first-round pick, the Bucks’ 2025 first-round pick (top-four protected), the Knicks’ 2027 first-round pick, the Knicks’ 2029 first-round pick, the Knicks’ 2031 first-round pick, the right to swap a 2028 first-round pick for the Knicks’ 2028 first-round pick, and the Nets’ 2025 second-round pick.

The addition of Vaulet’s rights is new, and we now have the details on the draft pick headed to New York in the deal, but otherwise these are the terms that had been previously reported.

Milton’s new three-year contract is worth $9.16MM in total, with a $2.86MM guaranteed salary in year one, tweets Fred Katz of The Athletic. Brooklyn will be hard-capped at the first apron in 2024/25 as a result of acquiring him via sign-and-trade.

The Nets almost certainly used existing traded player exceptions to take on their incoming players, which means they’ll generate a sizable new TPE worth Bridges’ outgoing salary ($23.3MM). They’ll have one year to use it.

For more details on one of the summer’s biggest trades, be sure to check out our original stories on the agreement.

Knicks, Nets Expanding Bridges Trade To Include Milton, Diakite, Bates-Diop

The Knicks intend to sign-and-trade Shake Milton to the Nets as part of the blockbuster trade that will send Mikal Bridges from Brooklyn to New York, Shams Charania of The Athletic reports (via Twitter). Milton will receive a three-year, $9MM contract, but only the first season is guaranteed.

New York will also be including Mamadi Diakite in the trade, league sources tell Fred Katz of The Athletic (Twitter link). The Knicks have been looking for ways to add salary to the original framework to avoid being hard-capped at the first tax apron ($178.1MM), Katz notes. By aggregating salaries, the Knicks will instead be hard-capped at the second apron ($188.9MM).

The Nets will be sending the Knicks Keita Bates-Diop as part of the expanded deal, per Charania.

As cap expert Yossi Gozlan explains (Twitter links), the Knicks can give Milton a $3.1MM salary for 2024/25 using his Non-Bird rights. They will also be partially guaranteeing Diakite’s contract, which is currently non-guaranteed, to make the math work to get to at least $23.3MM in outgoing salary (the equivalent of Bridges’ 2024/25 cap hit). Sending out less outgoing salary than Bridges’ incoming figure would’ve hard-capped New York at the first apron.

Teams aren’t permitted to aggregate two or more minimum-salary contracts in a trade for matching purposes during the offseason. Diakite is on a minimum deal, but Milton will be earning 20% above his minimum salary, allowing the Knicks to avoid that trade restriction.

The Knicks will not have to account for Bates-Diop’s incoming salary for matching purposes because he fits into the minimum-salary exception.

After the trade, Gozlan projects the Knicks to have approximately $172MM in salary committed to 11 players. That means they’ll be about $16.9MM below the second apron, giving the team the financial flexibility to use the taxpayer mid-level exception and potentially re-sign Precious Achiuwa, who is an unrestricted free agent.

Here’s a rundown of the full trade, at least what has been reported thus far:

  • Knicks to acquire Mikal Bridges, Keita Bates-Diop and a 2026 second-round pick.
  • Nets to acquire Bojan Bogdanovic, Shake Milton (sign-and-trade), Mamadi Diakite, the Knicks’ 2025 first-round pick, the Bucks’ 2025 first-round pick (top-four protected), the Knicks’ 2027 first-round pick, the Knicks’ 2029 first-round pick, the Knicks’ 2031 first-round pick, the right to swap a 2028 first-round pick for the Knicks’ 2028 first-round pick, and the Nets’ 2025 second-round pick.

According to Gozlan, the Nets will create a $23.3MM trade exception (Bridges’ salary) if they absorb Bodganovic’s salary into an existing TPE worth $20.3MM (Twitter link). Using an exception from a previous season hard-caps a team at the first apron, but so does acquiring a player via sign-and-trade (Milton), so it seems safe to assume Brooklyn will use that preexisting TPE on Bogdanovic.

Milton, 27, was a productive bench player for Philadelphia for several seasons before signing with Minnesota last summer. The Wolves traded him to the Pistons before the February deadline, and he was subsequently waived, later signing a rest-of-season deal with the Knicks in early March as a free agent. He only appeared in four regular season games with New York.

Diakite, also 27, has bounced around the NBA over the course of his four seasons, suiting up for the Bucks, Thunder, Cavaliers, Spurs and Knicks on a variety of different contracts.

Bates-Diop, 28, has played for the Wolves, Nuggets, Spurs, Suns and Nets over the course of his seven years in the NBA. He exercised his player option for ’24/25 last month.