Skip to content

Kevin Garnett agrees to deal that will send him and Paul Pierce to the Nets

Jun 28, 2013, 2:13 AM EDT

Boston Celtics v Philadelphia 76ers - Game Three Getty Images

When the initial shock wore off after hearing the beginnings of a deal between the Celtics and Nets that would land both Kevin Garnett and Paul Pierce in Brooklyn, the one thing that could prevent it all from happening immediately came into focus.

Garnett is one of a very few players in the league with a no-trade clause in his contract, meaning that his approval would be required for the trade to be able to become fully agreed upon in principle.

Despite the way things quickly came together, Garnett informed the relevant parties that he would in fact sign off on the deal late Thursday, and it is essentially done.

From Adrian Wojnarowski of Yahoo! Sports:

Garnett waived his no-trade clause after the Nets agreed to fully guarantee the $12 million owed him for the 2014-15 season, the third year of his contract. Prior to the agreement, the Nets could have bought out Garnett for $6 million.

Garnett also was swayed by the chance to join his close friend, Pierce, in Brooklyn where they could play for longtime rival Jason Kidd.

The trade can’t be made official by the NBA until July 10.

The July 10 part is due to the fact that no free agent transactions can be completed until then under NBA rules, and Pierce’s salary of over $15 million for next season was only guaranteed for $5 million, so the Celtics will need to pick up the entire thing in order for the salaries on the trade to match.

The rest of the moving pieces look like this: Jason Terry will join Pierce and Garnett in Brooklyn, while Gerald WallaceKris Joseph, Kris Humphries and three future first-round picks (2014, ’16 and ’18) head to Boston. The Celtics will also receive Reggie Evans and Keith Bogans.

This is Boston officially blowing things up and beginning the rebuilding that was inevitable with its veteran core reaching the end of its competitive lifecycle. The only real negative in the deal for the Celtics is taking on the three years and over $30 million tied to Wallace, but no contract is immovable, and the team may be able to shed it at some point before it’s through.

As for Brooklyn, they have a billionaire owner who wants to win now, and wants to remain relevant by bringing big names and star power to his franchise, no matter how short-sided that vision may be.

This trade cripples Brooklyn financially for the foreseeable future, and the team will have a luxury tax bill approaching $80 million next season. If money is truly no object, then the franchise will be stuck in this mode of trading for or flat out purchasing star players once Pierce and Garnett retire, because by continually dealing draft picks and other assets away, there is no conventional rebuilding solution available once things begin to go south.

The Nets should have no trouble making the playoffs, but are they now better than Miami, Indiana, or even Chicago in the Eastern Conference? That remains to be seen, of course, and wins are never guaranteed, no matter the personnel.

The only thing certain is that the Nets will be a most interesting topic of conversation with Garnett and Pierce in the fold, and Brooklyn will be one of the more closely watched teams in the league as the season progresses.

Latest Posts
  1. It’s official: J.R. Smith re-signs with Cavaliers

    Sep 2, 2015, 10:30 PM EDT

    J.R. Smith J.R. Smith

    He’s making $1.5 million less than if he opted in this season, but he does have another year.

  2. Brad Stevens hints he will explore taller, more traditional lineups

    Sep 2, 2015, 9:30 PM EDT

    Brad Stevens AP

    With the additions to the Celtics’ roster, this is the smart play.

  3. Report: Free agent Glen Davis to have ankle surgery, out 2-3 months

    Sep 2, 2015, 8:31 PM EDT

    Glen Davis Glen Davis

    He could be back on the court around Thanksgiving, if a team picks him up.

  4. Dwight Howard tried to take loaded gun through airport security, will not face charges

    Sep 2, 2015, 6:31 PM EDT

    Houston Rockets v Golden State Warriors - Game Five Getty Images

    Don’t bring a loaded Glock to an airport, people. It’s pretty much common sense.

  5. Celtics’ Isaiah Thomas: “I wanna be the best little guy to ever play the game of basketball”

    Sep 2, 2015, 4:59 PM EDT

    Boston Celtics v Cleveland Cavaliers- Game Two Getty Images

    Best ever little guy? Calvin Murphy is in the HOF, so he’s the man.

  6. Report: Clippers planning a mascot

    Sep 2, 2015, 4:13 PM EDT

    Los Angeles Clippers v Utah Jazz Getty Images

    It won’t be called Seagull Kneivel

  7. D-League Showcase will use net rating as tiebreaker

    Sep 2, 2015, 3:14 PM EDT

    2015 NBA D League Showcase Getty Images

    Advanced stats aren’t always the answer

  8. Shaq with the coolest fist bump ever (video)

    Sep 2, 2015, 2:17 PM EDT

    2015 NBA Finals - Game One Getty Images

    If only I could get people to run up to fist bump me while I walk…

  9. Report: 76ers interested in Kendall Marshall

    Sep 2, 2015, 12:23 PM EDT

    Philadelphia 76ers v Milwaukee Bucks Getty Images

    Point guard reportedly working out in Philadelphia

  10. Ty Lawson on coming to Houston: “It’s definitely a breath of fresh air”

    Sep 2, 2015, 8:00 AM EDT

    Sacramento Kings v Denver Nuggets Getty Images

    For Lawson personally I hope this move and this situation is what he needs to get his life in order.

  11. Report: Pistons signing Eric Griffin

    Sep 1, 2015, 11:07 PM EDT

    Indiana Pacers v Dallas Mavericks Getty Images

    Griffin will give Pistons 19 players, 17 with guaranteed salaries

Top 10 NBA Player Searches
  1. D. Rose (2337)
  2. K. Irving (2060)
  3. A. Davis (1817)
  4. K. Bryant (1434)
  5. L. James (1422)
  1. A. Aminu (1327)
  2. K. Durant (1295)
  3. M. Leonard (1290)
  4. T. Thompson (1202)
  5. E. Mudiay (1163)