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Nets acquire K.J. McDaniels from Rockets

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Philadelphia 76ers v Boston Celtics Photo by Maddie Meyer/Getty Images

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...

Bobby Marks explained McDaniels’ deal.

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...

Fred Kerber, Howard Beck and Tim Bontemps praised the move ... and Marks deadline strategy.

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.