Adrian Wojnarowski reports the Brooklyn Nets have traded Bojan Bogdanovic and Chris McCullough to the Washington Wizards for Andrew Nicholson, Marcus Thornton and a 2017 first-round draft pick.
The Brooklyn Nets are trading Bojan Bogdanovic to the Washington Wizards, league sources tell @TheVertical.— Adrian Wojnarowski (@WojVerticalNBA) February 22, 2017
Nets are sending Bogdanovic and Chris McCullough to the Wizards for Andrew Nicholson and a 2017 first-round pick, sources tell @TheVertical.— Adrian Wojnarowski (@WojVerticalNBA) February 22, 2017
Nets were determined to get a first-round pick for Bogdanovic, a restricted free agent. This likely gives Brooklyn two picks in the 20's.— Adrian Wojnarowski (@WojVerticalNBA) February 22, 2017
Sources: Washington's Marcus Thornton joins Nicholson in the trade package to Brooklyn.— Adrian Wojnarowski (@WojVerticalNBA) February 22, 2017
Zach Lowe noted there are protections on the pick, but barring a Wizards collapse, they shouldn't effect the pick.
Pick Nets are acquiring from Wiz is lottery-protected 2017 first-rounder, sources say.— Zach Lowe (@ZachLowe_NBA) February 22, 2017
The deal, which was officially announced just before 9 p.m. ET, should give the Nets two first rounders, the Wizards at No. 24 and the Celtics at No. 27, as of now. The addition of the second first rounder gives the Nets another asset, to either use in June, combine with the Celtics pick or trade.
The Nets, however, have to take on Nicolson's contract, which will pay him $13 million over the next two years as well as a player option for nearly $7 million in 2019-20. Nicholson, a 27-year-old 6'9" power forward, makes $6.1 million this year. He is currently averaging 2.5 points in 28 games. He previously played for Orlando and is a member of the Canadian National Team.
Thornton is expected to be waived. It's his second go around with the Nets. He's averaging 6.6 points in 33 games. He played with the Nets in 2013-14. The 29-year-old is on an expiring contract, a vets minimum deal worth a little less than $1 million.
The Nets cap space will be somewhat affected by the trade. Bogdanovic and McCullough earn $4.7 million this year, Nicholson and Thornton $7 million, a difference of $2.3 million. The Nets, will have roughly $13.5 million in cap space once the deal is completed. They are still more than $4 million under the salary cap floor, according to The Vertical.
Bobby Marks laid out the implications for the Nets cap situation this summer.
The Nets cap space this summer will range between $29m-$33m. The room factors in the two 1st rd. picks in the mid 20's.— Bobby Marks (@BobbyMarks42) February 22, 2017
Neither of the two newly acquired players have the offensive firepower of Bogdanovic or the potential of McCullough, but the Nets apparently felt the need to pick up draft picks, particularly in this year's draft.
In his third year with the Nets, Bogdanovic is averaging 14.2 points a game and has been one of the Nets most durable players but his inconsistency and lack of defense hurt him. Also, he is a restricted free agent likely to garner an eight-figure contract. The Wizards will now have the right to match any offer.
McCullough has played almost all of this year with the Long Island Nets, where he excelled but never got many minutes with the big club. At 6'10" and 212 pounds, there were also questions about his ability to play the stretch 4 in the NBA.
- Nets trade Bojan Bogdanovic to Washington Wizards for 2 players, draft pick - Greg Logan - Newsday
- Nets get project and first-rounder in Bogdanovic trade - Brian Lewis - New York Post
- Nets deal Bojan Bogdanovic, Chris McCullough to Wizards for two players, 2017 first-round pick: reports - Daniel Popper - New York Daily News
- BROOKLYN NETS ACQUIRE FIRST ROUND DRAFT PICK, ANDREW NICHOLSON AND MARCUS THORNTON FROM WASHINGTON - Brooklyn Nets
- Wizards trade for bench help, bring in Bojan Bogdanovic and Chris McCullough - Candace Buckner - Washington Post