We know that’s not very edifying on trade deadline day, but as of Thursday morning with four hours or so to go, it’s where we’re at. The front office has finalized the trade they worked out with the the Toronto Raptors and Los Angeles Clippers and created the roster space needed for Ochai Agbaji by waiving Haywood Highsmith who the Nets acquired in the summer from Miami but never played for the Brooklyn.
Teams are allowed 15 standard deals (and three two-ways) and with the Agbaji deal, they were looking at 16 standard spots. So someone had to go. The most rumored candidate was Cam Thomas who the Nets left behind in New York, citing personal reasons, when they flew to Orlando for Friday’s game with the Magic. But the 24-year-old remains on the Nets roster.
Before the move, pundits were suggesting that there were various ways for the Nets to move forward on the particulars. Although the initial issue is now solved, what Kevin Pelton and Erik Slater wrote Thursday morning could still have relevance later in the day if the Nets need to make other moves.
As ESPN’s Kevin Pelton notes in his trade grades Thursday morning, the Nets could expand the multi-team deal and work out something a little more complicated using their room MLE. (Pelton gave the Nets a B.)
This is the start of Brooklyn using its position as the only NBA team with appreciable cap space to take on contracts for draft picks. Getting Agbaji leaves the Nets about $9 million below the cap, now less than teams can add using the taxpayer midlevel exception, though they could take on a bigger contract by sending back a smaller one (such as Agbaji’s) or exhaust their space and then use their room midlevel exception to add more salary.
Similarly, Erik Slater wrote this about the possibilities in his trade grade. (Slater gave the Nets an A-)
The Nets can take Agbaji into their $15.3 million in cap space. They could also use their cap space in other salary-dump moves, then absorb the Raptors guard into the $8.8 million room mid-level exception.
The Nets of course have been trying to move Thomas, with his cooperation, since the summer, and could still. But his trade value still seems low. Mike Scotto reported Wednesday that the Cleveland Cavaliers and Milwaukee Bucks had some interest but Aryan Bhullar reported Thursday the Cavs have lost that interest…
No less of a source than Brian Windhorst has predicted the Nets will be active today. How long will we have to wait? Not long, obviously, 3:00 p.m. ET, no further.
