Kings, Nets Near Deal For Thornton, Terry, Evans

February 19 at 12:46pm CST By Chuck Myron

12:46pm: The draft compensation being discussed is a future conditional pick to the Nets, Wojnarowski writes.

12:32pm: The teams are indeed discussing draft picks, and they’re haggling over that issue at current, according to TNT’s David Aldridge (Twitter link).

11:45am: There are no picks or cash involved, Wojnarowski tweets.

11:44am: Berger seconds Lloyd’s report that the deal is close, and confirms Evans is still a part of the proposal (Twitter link).

WEDNESDAY, 11:42am: A deal involving Terry and Thornton is nearing completion, tweets Jason Lloyd of the Akron Beacon Journal. Lloyd doesn’t mention Evans, but I presume he remains in the talks.

TUESDAY, 10:44pm: Jared Zwerling of Bleacher Report echoes (via Twitter) what Wojnarowski reported earlier, hearing that talks are “heating up” between the two sides, and a deal could happen “soon.”

9:08pm: Sacramento’s discussion with Brooklyn about a move that would see the Kings acquire Terry and Evans in exchange for Thornton have progressed to a “serious stage,” a league source tells Wojnarowski. The Kings are also exploring potential options for Jimmer Fredette, hears Wojnarowski.

2:20pm: The Kings and Nets are discussing a deal that would send Marcus Thornton to Brooklyn for Reggie Evans and Jason Terry, tweets Adrian Wojnarowski of Yahoo! Sports. The talks are concurrent with other conversations the teams are having with several other potential partners, Wojnarowski notes via Twitter. Both teams have been talking to the Cavs about Jarrett Jack.

Multiple reports suggest Sacramento is anxious to trade Thornton, and he’s one of the players the Kings have talked about including in a deal for Jack. Terry has also been linked to Cleveland, but it appears the Cavs have no interest in him. Evans is a newcomer to the chatter.

The Nets would absorb less than $1MM in extra salary via the deal, but that figure would be multiplied, since Brooklyn is deep into the tax. Just how much extra the Nets would have to pay won’t be entirely clear until the end of the season, but it’s likely that any extra money Brooklyn adds at this point will cost them about three or four times as much, because of the tax penalties.

All three are on deals that are fully guaranteed, without player or team options, through 2014/15. Thornton makes about $8MM this year and close to $8.6MM next season. Terry’s take is about $5.6MM this season and $5.85MM in 2014/15. Evans makes roughly $1.7MM this year and $1.8MM next season.

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