The Nets have officially announced a pair of trades, acquiring Marquis Teague from the Bulls in a one-for-one swap for Tornike Shengelia, and sending Tyshawn Taylor and cash to the Pelicans in exchange for the draft rights to Edin Bavcic, a 29-year-old big man playing in Greece.
The moves won’t greatly impact any of the teams’ rotations, as none of the active players involved in the trade have averaged as much as 13 minutes per game this season, and each of them has seen multiple D-League assignments. Teague was a first-round pick in 2012, but he struggled to find minutes for Chicago. Shengelia doesn’t figure to be a critical piece for the Bulls, but he is a big body who can potentially provide frontcourt depth off the bench. Shams Charania of RealGM.com tweets the Bulls intend to give him a shot at some minutes. Bavcic was originally a second-round draft choice of the Raptors in 2006, but he’s never played in the NBA, so it appears he’s merely a throw-in.
Sending off Taylor will provide a bit of much-needed financial relief for Brooklyn, which is currently set to face about $80MM in luxury tax penalties in July. Shengelia and Taylor will both earn $788,872 this season, while Teague will make $1,074,720. The move will save the Nets from paying some extra tax dollars this season, but Teague’s contract runs through 2014/15, one year longer than the pacts Shengelia and Taylor are signed to.
Since the Pelicans had an open roster spot and Taylor is on a minimum-salary contract, they can absorb him without giving up a player. Brooklyn creates a vacancy on its roster with the moves, as the Nets had been carrying the maximum 15 players all season.
Adrian Wojnarowski of Yahoo! Sports was the first to report the trades, which were agreed upon Saturday (Twitter links). Originally, it appeared the Pelicans would send the Nets a heavily protected second-rounder, but it looks like the teams agreed on including Bavcic in the deal instead.
Chuck Myron contributed to this post.