With a half hour left on the trade deadline, the Nets have acquired K.J. McDaniels, the 24-year-old swingman, from the Rockets and all it cost them was $75,000 in cash.
Both Adrian Wojnarowski and Marc Stein reported the news...
Houston has traded K.J. McDaniels to the Brooklyn Nets, league sources tell @TheVertical.— Adrian Wojnarowski (@WojVerticalNBA) February 23, 2017
Unloading McDaniels to the Nets frees $3M in cap space to use on the buyout market for Houston.— Adrian Wojnarowski (@WojVerticalNBA) February 23, 2017
The Brooklyn Nets are in advanced discussions to acquire K.J. McDaniels from the Houston Rockets, league sources say— Marc Stein (@ESPNSteinLine) February 23, 2017
Bobby Marks explained McDaniels’ deal.
K.J. McDaniels has a team option (6/24) for 2017-18. The contract for McDaniels is $3.3m and $3.4m. BKN is about $800k below the floor.— Bobby Marks (@BobbyMarks42) February 23, 2017
Later, the Nets said McDaniels had been acquired for unspecified “cash considerations.” The Houston Chronicle pegged the amount at $75,000. NBA teams are limited to using a bit more than $3 million annually to sweeten deals ... or buy second rounders, as the Nets have done seven times in the Prokhorov era.
McDaniels has played 128 games in two and a half seasons for Houston and Philadelphia, averaging 5.1 points and shooting 29.2 percent from the arc. He also played in the D-League last season, averaging 15.4 points, 8.3 rebounds and shooting better than 35 percent from deep.
The Rockets liked McDaniels but he wound up buried on their bench. He has been shopped for several days, reports Rockets beat writer Jonathan Feigen...
Rockets sending K.J. McDaniels into the Nets' cap space, source confirmed. Basically a move just to move salary.— Jonathan Feigen (@Jonathan_Feigen) February 23, 2017
McDaniels could not crack D'Antoni's rotation. Rockets will be active in buyout market. Gives Rockets $3.3 million in cap room.— Jonathan Feigen (@Jonathan_Feigen) February 23, 2017
Fred Kerber, Howard Beck and Tim Bontemps praised the move ... and Marks deadline strategy.
1 scout on #BrooklynNets KJ McDaniels: "Good get 4 Nets. Young, athletic wing Definite upside. At worst projects 2B very good wing defender"— Fred Kerber (@FredKerber) February 23, 2017
Sean Marks is making small, subtle, very good moves for Brooklyn: Bogdanovic for 1st-round pick, using cap room to get McDaniels. https://t.co/A4q4PjApMZ— Howard Beck (@HowardBeck) February 23, 2017
Good flier for Brooklyn to take K.J. McDaniels. If he doesn't do anything for them, no harm done. If he does, found money.— Tim Bontemps (@TimBontemps) February 23, 2017
The move brings the Nets roster to 15. The next question is whether the Nets will waive any of their veterans to open more roster spots.
- NBA trade deadline was quiet, but one team was a winner - Fred Kerber - New York Post
- As N.B.A. Trade Deadline Passes, Major Players Stay Put - Scott Cacciola - New York Times
- Rockets deal K.J. McDaniels to Nets, Tyler Ennis to Lakers - Marc Stein & Calvin Watkins - ESPN
- Big-name players stay put at NBA trade deadline, but Raptors and Thunder make deals - AP
- Nets acquire swingman K.J. McDaniels from Rockets - Jake Becker - New York Daily News
- Rockets GM Daryl Morey thinking a move ahead with 2 trades - Jonathan Feigen - Houston Chronicle