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The Brooklyn Nets announced today that they have officially traded Tornike Shengelia to the Chicago Bulls and Tyshawn Taylor to the New Orleans Pelicans. In return the Nets get Marquis Teague from the Bulls and the draft rights of Edin Bavcic, a Bosnian center. The Nets are also sending cash considerations to the Pelicans.
Teague will wear No. 12. He wore No. 25 at Kentucky and with the Bulls, but it's retired with the Nets. He is expected to be available for Tuesday's game vs. Orlando.
The deal will save the Nets $2.4 million in luxury taxes this season, dropping the Nets bill to $84.7 million from $87.1 million. Taylor and Shengelia are free agents. Teague is owed $1.2 million next season.
Here are the Nets tweets officially announcing the deals.
The Nets have acquired guard Marquis Teague from the Chicago Bulls in exchange for forward Tornike Shengelia. Teague will wear jersey #12.
— Brooklyn Nets (@BrooklynNets) January 21, 2014
Brooklyn has traded Tyshawn Taylor, along w/cash considerations, to the New Orleans Pelicans in exchange for the draft rights to Edin Bavcic
— Brooklyn Nets (@BrooklynNets) January 21, 2014
The deal is different from that reported over the weekend. Adrian Wojnarowski reported that Nets would receive a "conditional future draft pick," believed to be a heavily protected second rounder.
Bavcic is a 29-year-old, 6'11" Bosnian power forward who is currently averaging 7.4 points and 5.7 rebounds in the Greek League. He is not expected to play for the Nets, but his rights become an asset that can be used in future transactions.
Here's the portion of the release about Bavcic:
Bavcic, a forward out of Bosnia, was selected by the Toronto Raptors with the 56th overall pick in the 2006 NBA Draft. Since being drafted, Bavcic has played professionally in Europe and has yet to sign with an NBA team.
Bavcic is represented by by Misko Raznatovic, a Serbian agent who works with NBA agent Jeff Schwartz. Raznatovic and Schwartz also rep Mirza Teletovic, the captain of the Bosnian national team. Bavcic played sparingly for Bosnia in the FIBA European championships last summer, not scoring and grabbing 0.4 rebounds.
Bavcic becomes the fourth Bosnian born player with a connection to the Nets. Teletovic, Zoran Planinic and Mile Ilic have all played for the Nets. The Nets now hold the draft rights of Bavcic and Bojan Bogdanovic. Of the group, only Teletovic and Bavcic have played for the Bosnian national team. Planinic and Bogdanovic have played for Croatia, Ilic for Serbia.
The trades were announced this weekend, but since the NBA offices were closed for the long holiday weekend, they weren't made official until today.
Update: Edin Bavcic is also an actor....
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Meanwhile,Jason Kidd talked about helping Teague's career. "Hopefully [me] being a point guard will help him," Kidd said told writers. "And then he has some other guys with Shaun [Livingston] and [Deron Williams]. So I’m looking forward to working with him and helping him grow."
- Tyshawn Taylor trade official - Mike Mazzeo - ESPN New York
- Nets trade Tyshawn Taylor for rights to Edin Bavcic - Devin Kharpertian - The Brooklyn Game
- Brooklyn Nets Trade Tornike Shengelia For Marquis Teague - Devin Kharpertian - The Brooklyn Game
- Nets make trades official, but. ...Marquis Teague couldn't make it tonight and Edin Bavcic (Who?) never will - Stefan Bondy - New York Daily News
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Nets finalize pair of trades - Tim Bontemps - New York Post
- Nets notes: Marquis Teague is coming to Brooklyn - Andy Vasquez - The Record
- Who is Edin Bavcic?- Ian Parfrey - Brooklyn Fans
- New Orleans Pelicans acquire Tyshawn Taylor from Brooklyn Nets in trade:notebook - New Orleans Times-Picayune
