The Boston Celtics and the Brooklyn Nets have agreed in principle to a blockbuster trade which sees a huge roster swap complete what will be remembered as one of the great eras in Celtics history. Earlier this morning, Yahoo! sports columnist Adrian Wojnarowski broke the news that the Celtics were looking to offload Kevin Garnett, Paul Pierce and Jason Terry to the Nets in exchange for Keith Bogans and three future first round picks. This followed the epic departure of longtime coach Doc Rivers for the Western rivals the Clippers not even a week ago. Holding up the deal was Garnett’s ‘no trade’ clause within his contract which states that should the Celtics attempt to trade him, it can only be completed upon his approval and waiving of the clause. This afternoon, the great KG did just that and in turn opened the flood gates on the biggest trade to rock the NBA in months. We are only now getting an insight into what the parameters of the trade actually are.
Paul Pierce, Kevin Garnett and Jason Terry will head to the Deron Williams-led Brooklyn Nets in exchange for Kris Humphries, Reggie Evans, Gerald Wallace, Tornike Shengelia and Keith Bogans plus three future first round picks (unprotected) in 2014, 2016 and 2018. ESPN reported a big reason for Terry being involved in the trade was because Boston are absorbing the $30 Million contract of Gerald Wallace. The Nets however still have a payroll of approximately $100 Million and are deep in luxury tax territory in 2013/14. Boston have gone into full blown rebuilding mode, attempting to gather as many picks as possible in what we can assume will be a draft-oriented build.
The trade cannot be made official until July 10th when the NBA will lift a league-wide moratorium on all trades and signings.