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Youngmisuk: Nets pursuing Jarrett Jack for Jason Terry ... and possibly pick(s)

Kim Klement-USA TODAY Sports

Ohm Youngmisuk reports that the Nets are interested in trading for Jarrett Jack of the Cavs, possibly offering Jason Terry.

Youngmisuk and Marc Stein later reported...

Sources told that the Nets, eager to add a proven ballhandler and backcourt scorer to their bench rotation, are willing to take on the two remaining guaranteed seasons worth in excess of $12 million left on Jack's contract despite the luxury-tax implications.

But it's believed that the Cavs, if they decided to go ahead with such a move, would try to find a third team to absorb Terry's contract

Jack has four years remaining on his deal, including this one at $6.3 million each, BUT the final year, 2016-17, is only $500,000 guaranteed. Terry is owed $5.6 million this year, $5.8 million next. Jack, who is six years younger than Terry, is averaging 8.5 ppg, shooting 37.3 per cent from deep but only 39.7 percent overall.

Ken Berger tweeted later that the Nets would like to get a pick out of the deal as well, considering the heavy cost of the deal, as rumored...

The Cavaliers have their own first round picks as well as from the Heat and Grizzlies in 2015 and seven second round picks over the next years.

Last season, Mark Jackson, then his coach with the Warriors, called Jack a "tough-minded, hard-nosed, committed guy ... professional, high character guy who competes every single night."  The Cavs GM, Chris Grant, signed Jack to the four-year, $24 million deal last summer, one of his big off-season deals.  Grant was fired last week.

By taking on Jack's contract, the Nets would add luxury taxes, but the amount would be around the amount saved in the Tyshawn Taylor and Toko Shengelia deals last month.

Jeff Schwartz, who reps Deron Williams, Jason Kidd, Paul Pierce, Mirza Teletovic and Shaun Livingston, is Jack's agent.