In a stunning move, the Nets traded the 27th pick Thursday. The trade will save cap space for the Nets pursuit of free agents.
The 27th pick was sent to the Clippers for the Sixers first round pick in next year’s draft as well as the 56th pick later Thursday.
Adrian Wojnarowski broke the news.
Brooklyn has traded No. 27 to the Clippers, league source tells ESPN.— Adrian Wojnarowski (@wojespn) June 21, 2019
On the ESPN broadcast, Woj reported that the move is the latest indication that the Nets are trying to garner as much cap room as they can so they can sign two max players, specifically mentioning Kyrie Irving and Kevin Durant.
By trading the pick to the Clippers, the Nets saved $1.97 million in guaranteed salary.
Cap guru Albert Namad explained the situation.
Nets already had enough cap room for two 30% maxes. But, after trading #27 to Clippers for 76ers’ 2020 1st and #56, they’re creeping closer to a 35% max (e.g., Kevin Durant) + 30% max (e.g., Kyrie Irving). They can get to $68.7M cap room. Leaves them $1.3M short ($70.0M needed).— Albert Nahmad (@AlbertNahmad) June 21, 2019
This the second move the Nets have made in the last two weeks to boost their cap space. They traded Allen Crabbe’s $18.5 million contract along with two firsts in 2019 and 2020 for Taurean Prince and a second rounder in 2021 two weeks ago. Acquiring the 2020 pick in the deal gives the Nets two firsts in the 2020 Draft, their own and Philadelphia’s.