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NBA Trade Bombshell: Hawks, Celtics, Nets Execute Blockbuster Deal
In a stunning turn of events, the Atlanta Hawks, Boston Celtics,and Brooklyn Nets finalized a significant three-team NBA trade Tuesday night. This *NBA trade* sends shockwaves through the league, impacting team dynamics and future strategies.
Key Details Of The Blockbuster NBA Trade
The Celtics are sending center Kristaps Porzingis to Atlanta. The No. 22 overall pick in Wednesday’s NBA Draft will now be heading to Brooklyn.
The complete transaction involves porzingis and a second-round pick moving to Atlanta. The No. 22 overall pick and guard Terence Mann are going to Brooklyn.Forward Georges Niang and a second-round pick will be joining Boston.
celtics’ Financial Strategy
This marks the second major trade for the Celtics in under 24 hours. They previously traded Jrue holiday to the Portland Trail Blazers for Anfernee Simons and two second-round picks late monday evening. these strategic moves are highly impactful. Across these two trades, the Celtics have achieved substantial financial versatility.
Notably, Boston has saved $180 million in luxury taxes. This is from what was initially projected to be a combined payroll and tax bill exceeding $500 million for the upcoming season.
Boston is now positioned below the second luxury tax apron. They could potentially avoid the luxury tax entirely this season. Cost-cutting measures were anticipated this summer. This follows Jayson Tatum’s Achilles injury during the second round of the playoffs against the New York Knicks.
Atlanta’s Future Flexibility
The Hawks could potentially create significant salary cap space next summer. They can achieve this by potentially trading mann’s $15.5 million salary for each of the next three years. Porzingis is on a $30 million expiring contract. He could have a long-term future with the Hawks. All-Star guard Trae Young has a player option. Dyson Daniels,last season’s Most Improved Player,is also eligible for a contract extension this summer.
Nets Acquire Draft Capital
For Brooklyn, the cost of taking on the remaining three years of Mann’s contract was obtaining the No. 22 pick in the draft from