Trade 1: BKN – ATL
BKN receives from ATL:
2020 2nd Round Pick (via Portland – protected 31-55)
Rights to Isaia Cordinier (2016 Pick 44, currently plays for Antibes of French LNB Pro A)
BKN sends to ATL:
G Jeremy Lin
2025 2nd Round Pick
Right to swap 2nd Round Picks in 2023
Brooklyn’s side: Brooklyn parts ways with Jeremy Lin after two injury-filled years, and they get to offload his $12,516,746 salary to clear cap space. Lin has a 10% trade kicker ($1.25 mil) that would be paid by the Nets unless he chooses to waive part or all of the fee. As a result, Brooklyn gives up a far future 2nd Round Pick in exchange for a much more valuable 2020 2nd Round Pick. The 6’5”, 21-year-old shooting guard from France will likely never come over to join Brooklyn, thus it doesn’t cost them a roster spot.
Atlanta’s side: Atlanta takes on Jeremy Lin with their cap space and pairs a seasoned veteran with young guards Dennis Schroder and 2018 Lottery Pick Trae Young. If Lin can provide backcourt value to these two, the Hawks call that a win as they eat up an expiring contract and likely won’t resign Lin after this season. As a result, Atlanta also acquires a far-future 2nd Round Pick and the 2nd Round Pick-Swap, both are minor assets but add to the pick arsenal.
Trade 2: BKN – DEN
BKN receives from DEN:
F Kenneth Faried
F Darrell Arthur
2019 1st Round Pick (Protected 1-12)
2020 2nd Round Pick
BKN sends to DEN:
G Isaiah Whitehead
Brooklyn’s side: Brooklyn just picked up $12.5 million in cap space from the trade with Atlanta, and previously they acquired roughly $4 million back in a buyout with Dwight Howard. Going into the night, they had $5.72 million in cap room before renouncing any of their remaining cap holds. The added room from the Lin deal brings them to $18.22 million in room, and the buy out would get them up to roughly $22.22 million. They exchange Whitehead’s non-guaranteed $1,544,951 contract for Faried’s $14,764,045 contract and Arthur’s $7,464,912 contract, both of which are expiring. Both provide needed veteran front-court depth, while Faried’s rebounding proficiency pairs well with Jarrett Allen who is still developing as a rebounder. In addition, Brooklyn used the Lin deal to clear the cap room to pull off the trade, and thus it doesn’t have to go through salary matching because it is room-based (note: Whitehead wouldn’t count in salary matching because of the non-guaranteed contracts – see Houston’s 2017 trade for Chris Paul). Brooklyn also acquires a 2019 1st Round Pick (Protected 1-12) and a 2020 2nd Round Pick.
Denver’s side: Before the trade, Denver sat $6.46 million into the luxury tax costing them a total of $10 million in luxury tax payments. They offloaded $21 million in salary to Brooklyn, ducking back under the tax apron and saving them from paying those tax payments. It did come at a cost, as they had to give up a 2019 1st and 2020 2nd Round Pick, but that is a justifiable cost to avoid the luxury tax and offload bad contracts. In addition, Denver plans to waive Whitehead and thus take on no salary back from this deal.
$0 to $4,999,999 @ $1.50 = $7,499,998.50
$5,000,000 to $6,457,034 @ $1.75 = $2,549,809.50
Total: $10,049,808 in Luxury Tax Payments
Overall, Brooklyn ends the night by flipping Jeremy Lin for a 2019 1st Rounder and two 2020 2nd Rounders, restocking their pick cabinet after the King regime left it quite dry. Quite a successful outing for Sean Marks and Trajan Langdon as they prepare for a strong rebuild.
I'm Jake, a recent graduate of Duke University pursuing a career in collegiate or professional basketball operations.
Cap #s 2018 - 2019
Salary Cap: $101.869M
Lux. Tax: $123.733M
Tax Apron: $129.827M
Tax Floor: $91.682M
Room MLE: $4.45M