1:58pm: The Minnesota deal doesn’t appear to be happening, Amick tweets.
1:54pm: It sounds like the Wolves and Cavs haven’t been able to agree on a deal involving Jack, tweets David Aldridge of NBA.com. It’s unknown if the Cavs have other discussions going at this time.
1:14pm: A Jack-for-Barea deal is “not likely,” a source tells Spears (on Twitter).
1:09pm: A source confirmed to the Plain Dealer (via Twitter) that the Wolves and Cavs have discussed a deal with Jack and J.J. Barea, but Jack having two years left versus the one on Barea’s deal has proven to be problematic.
11:59am: The previously reported Jack-for-Thompson deal is on life support, writes Sam Amick of USA Today. The initial report indicated that the Cavs wanted a third team to send Thompson to, and apparently they’re finding that extraordinarily difficult. Putting all the pieces together, it sounds like Jack is staying put.
11:31am: With less than three hours from the deadline, a deal involving Jack seems considerably less likely, sources tell Sam Amico of FOX Sports Ohio (via Twitter).
7:58am: The Cavs probably won’t end up dealing Jack, a source tells the Plain Dealer (Twitter link).
WEDNESDAY, 10:59pm: The Cavs are unlikely to send Jack to Sacramento unless they find a third team to take the Kings’ Jason Thompson, reports ESPN’s Marc Stein, putting Cleveland in an all too familiar scenario. A deal that would have had Jack leaving Cleveland stalled earlier this week when the Cavs couldn’t find a destination for Jason Terry. (Twitter links)
3:17pm: The Nets are hesitant to take on Jack because of his lengthy deal, according to Adrian Wojnarowski of Yahoo! Sports, who says it’s unlikely that the Cavs and Nets would pull off a trade.
10:56am: The talks involving the Nets and Cavs are “not on the front burner,” according to Bob Finnan of The News-Herald (Sulia link).
9:59am: The Wizards are looking for a backup point guard, but they’re not in on talks for Jack, tweets Sam Amick of USA Today.
TUESDAY, 8:59am: The Kings are also in on the Jack talks, tweets Marc Stein of ESPN.com (Twitter link). It’s not entirely clear if they’re competing with the Nets for the guard’s services, or if they’re willing to absorb Terry in a deal that sends Jack to Brooklyn.
MONDAY, 4:38pm: The Nets are looking to replenish their draft-pick stock in the swap, tweets Ken Berger of CBSSports.com.
3:44pm: The Cavs and Nets have indeed engaged in discussions about a trade involving Jack and Terry, report Youngmisuk and ESPN.com colleague Marc Stein. The Cavs would prefer to find a third team to take on Terry, according to the report.
2:23pm: The Nets are eyeing guard Jarrett Jack, tweets Ohm Youngmisuk of ESPNNewYork.com, who hears that there’s a chance Brooklyn swaps Jason Terry for Jack. It’s unclear how strong the odds are of that, or if the Cavs are interested in Terry.
Jack is in the first season of a four-year, $25.2MM contract that pays him $6.3MM each season, while Terry will make about $5.625MM this year and slightly more than $5.85MM next season in the final year of his deal. The difference between their salaries would be compounded for the Nets, who are well into the tax. New Cavs GM David Griffin would be parting with one of predecessor Chris Grant‘s key offseason additions if Cleveland surrenders Jack, who hasn’t had the same impact for the Cavs as he had last year with Golden State.
Jack, 30, is shooting a career-worst 39.7% this season, and his 8.5 points per game is his lowest scoring average since he was a rookie. Terry, whom the Nets acquired from the Celtics in the Kevin Garnett/Paul Pierce blockbuster, is plumbing even farther depths. The 36-year-old is posting new lows in scoring, rebounding, assists, field goal percentage and minutes. If Jack is dealt to Brooklyn, it’ll be his seventh team in nine NBA seasons.