NBA Trade Rumors: Reviewing the Nets trade chatter

Kelley L Cox-USA TODAY Sports

A lot is happening very quickly in regards to the Nets and what they will do at the Trade Deadline this year. This is a running story that will update itself as needed and provide quick summaries to the latest happenings.

The Nets have been the center of the trading front since yesterday by being involved in two potential deals an hour apart from each other.

Jarrett Jack to the Nets? What about the Kings? Wizards not going after Jack.

The fun began when Ohm Youngmisuk of ESPN reported that the Nets were interested in Cleveland Cavaliers reserve guard Jarrett Jack. The Nets were possibly trying to get a deal done based upon Jack for Jason Terry. Youngmisuk also reports that a third team would likely have to be included for a deal to be done.

Ken Berger later added that landing Jack could lead to the Nets getting draft picks.

Jack was a big part of the Golden State Warriors success last season before signing a 25.2-million dollar deal that spans over four years. As Berger tweeted, Jack's last year is only guaranteed for 500,000.

Jack is represented by agent Jeff Schwartz. Schwartz is the agent to other Nets' players such as Jason Kidd, Deron Williams, Mirza Teletovic, Shaun Livingston and Paul Pierce.

Net Income broke down how the luxury tax would effect the Nets if they got Jarrett Jack and/or Jordan Hill here.

***

Marc Stein tweeted this morning that the Nets aren't the only team trying to acquire Jack, but the Kings are.

The Kings reportedly had a deal for Rajon Rondo on the table recently, but that trade was rejected, so it seems that they are chasing after Jack as a consolation. The Kings do not have a first round pick this season, but do have one in 2015.

***

The Washington Wizards have been reportedly chasing after a reserve point guard as of late, but Sam Amick of USA Today says that they are not vying for Jack.

Jordan Hill being used with the DPE?

Adrian Wojnarowski then dropped his first true "Woj Bomb" of the season by reporting that the Nets and Lakers have been discussing a deal that would bring Hill to Brooklyn as apart of the team's available Disabled Player Exception.

We broke down what exactly the DPE is here.

There is no other details as to what the Nets would have to give up for Hill, but Woj documents just how much money the Nets would have to give up to sign the Lakers reserve big man.

Hill has had trouble fitting in in Los Angeles, but has been performing quite well despite playing only 20 minutes per game this season. Hill is averaging eight points and seven rebounds with a PER of 18.5. Mike Mazzeo reported that a scout said the Nets could use a post defender.

***

Medina says Hill isn't likely for the Nets

On Tuesday afternoon, Mark Medina of the Los Angeles Daily News reported that a deal between the Nets and Lakers is not likely to happen. Medina cited the main reason as the Nets large luxury tax and that they would have to shell out 17-million dollars in fees to get Hill to Brooklyn, despite having his bird rights.

Medina did add that Hill is still available, but he likely will not end up in Brooklyn.

Woj, however, tweeted that the Nets are still in it!

And Steve Kyler of Basketball Insiders seemed to agree, adding a detail.

***

Marcus Thornton?

Woj gave the Nets his second "bomb" in as many days when he reported that the Nets were discussing a deal with the Kings that would send Marcus Thornton to the Nets while Jason Terry and Reggie Evans would be shipped out to Sacramento.

Jason Terry said he's unaware of any deal involving him.

As discussions with the Kings heated up, the Nets seemed to cool on Jack, whose contract extends into 2017-18. Woj reported the length of the deal would have interfered with plans to reduce salary commitments beyond next season.

By midnight Wednesday, there were signals the Thornton deal was close.

Woj wrote the talks were at a "serious stage" and Jared Zwerling of Bleacher Report said sources told him things could happen "soon."

***

A league source told NetsDaily last night that nothing is imminent regarding either trade. "The cart is before the horse here," the source added. If a deal is to get done, expect it to be closer to the 3 p.m deadline on Thursday, says another league source.

  • Why avoiding the tax is a luxury - Ohm Youngmisuk - ESPN
  • Sources: Terry For Jack Deal Discussed Ohm Youngmisuk - ESPN
  • Rumor: Nets interested in Lakers' Jordan Hill - Devin Kharpertian - TheBrooklynGame
  • Report: Nets, Cavaliers talking Jarrett Jack for Jason Terry swap - Kurt Helin - ProBasketballTalk
  • Report: Nets may use disabled player exception to acquire Jordan Hill from Lakers - Kurt Helin - ProBasketballTalk
  • Lakers Trade Rumors: Nets, Lakers talking deal to send Jordan Hill to Brooklyn - Examiner.com
  • Report: Lakers, Nets discuss Jordan Hill deal - Alex Lambeth - Lakers Nation
  • Nets eye Jack, Hill ahead of deadline - Mike Mazzeo - ESPN
  • Sources: Lakers, Nets talk trade involving Jordan Hill - Adrian Wojnarowski - Yahoo! Sports
  • Brooklny Nets, Cleveland Cavaliers talk Jason Terry for Jarrett Jack deal - Ohm Youngmisuk - ESPN
  • Rumor: Nets interested in Jarrett Jack? - Royce Young - CBSSports
  • Source: Lakers-Brooklyn deal involving Jordan Hill unlikely to happen | Inside the Lakers - Mark Medina- Los Angeles Daily News
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