Adrian Wojnarowski reports the Nets have moved into the first round of Thursday's draft by trading veteran ThaddeusYoung to the Pacers.
Brooklyn has traded forward Thad Young to the Indiana Pacers for the 20th pick and a future 2nd rounder, league sources tell @TheVertical.— Adrian Wojnarowski (@WojVerticalNBA) June 23, 2016
NetsDaily can confirm the second rounder will be protected and long ways off, making it more of a trade asset. Nets have no second rounders of their own until 2021.
No player will be returning to the Nets meaning 1) the deal will have to wait until after July 1 to become official and 2) it would give the Nets another $11 million or so in cap space for next season after Young gets paid a trade kicker. That will bring the total to $50+ million, enough for two max player contracts, if Sean Marks wants to go that route .. and can find stars willing to sign in Brooklyn.
With the trade kicker, Young will make $14.1 million in 2016-17, $14.7 million in 2017-18 and has a $13.7 million player option for 2018-19, according to The Vertical.
Draft Express quickly moved Washington's Dejounte Murray, a 6'5" combo guard who's 19 years old into the 20th spot as the Nets pick. There's no indication that's who the Nets want.
Young averaged 15 and 9 last season for the Nets, statistically his best season and was viewed until Thursday as a "building block" of Brooklyn going forward. He said recently that he had been tasked with recruiting players in free agency. Young became the first Nets player to move to Brooklyn with his family earlier this season.
Assuming the Nets didn't send any cash to Indiana, Brooklyn would have the 20th and 55th pick in the draft as well as $3.4 million to either move up or purchase picks. They could also deal the future second rounder to acquire a second rounder this year.
Ironically, the Nets traded Kevin Garnett, a key piece in the Boston trade, and now will trade him for a pick to help make up for the picks lost in that deal.