Nets, Sixers Swap Marquis Teague, Casper Ware

3:24pm: The Sixers have followed with a formal announcement of their own. The press release notes that Philly will receive the more favorable of Milwaukee’s and Sacramento’s second-round picks in 2019.

NBA: Boston Celtics at Brooklyn Nets 2:47pm: The Sixers have acquired Marquis Teague and a protected 2019 second-round pick from the Nets in exchange for Casper Ware, as Brooklyn announced via press release. The pick headed Philadelphia’s way originally comes from Milwaukee as compensation for the Bucks hiring of coach Jason Kidd. Adrian Wojnarowski of Yahoo! Sports first reported the clubs were in trade talks about Teague, and Stefan Bondy of the New York Daily News wrote that the clubs were close to finalizing a deal.

Teague is entering the third year of his rookie scale contract, set to pay him more than $1.12MM this season, which is fully guaranteed. A decision is due by a week from today on his fourth-year team option worth in excess of $2.023MM, but a report during the offseason indicated that Brooklyn was unlikely to pick that up. It’s unclear if Philadelphia is similarly willing to pass on the option, though the Sixers have tens of millions more in terms of cap flexibility than the Nets do to keep the point guard on the books.

Ware, another point guard, has a much less decorated pedigree than the other player in the trade. He’s on a non-guaranteed contract for the minimum salary, and he seems a long shot, at best, to remain with Brooklyn until opening night. The now 24-year-old was playing in Italy last season before he signed a pair of 10-day contracts with the Sixers, who followed up with a low-risk multiyear deal.

The Nets are likely to waive Ware, a source confirms to Andy Vasquez of The Record, who adds that the team is likely to keep the 15 remaining players on its roster for opening night. That’s a boon for Jorge Gutierrez and Cory Jefferson, who have partially guaranteed contracts, and Jerome Jordan, whom coach Lionel Hollins has advocated keeping in spite of the center’s non-guaranteed deal.

Teague heads to a Sixers team with an unsettled roster featuring 20 players just three days in advance of Monday’s deadline for teams to cut down to no more than 15 guys. He becomes just the 10th fully guaranteed contract on Philly’s books. It’s the second trade within the calendar year of 2014 for Teague, whom the Bulls shipped to Brooklyn in January.

Photo courtesy of USA Today Sports Images.

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2 Comments on "Nets, Sixers Swap Marquis Teague, Casper Ware"

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nm344
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nm344
1 year 11 months ago

Hinkie will soon have all the 2nd round picks.

ObamaDinoKiller
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ObamaDinoKiller
1 year 11 months ago

man! i liked casper

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