11:48am: The Nets and Wolves have spoken about Young in recent weeks and the talks have included discussion about three-way deals that would deliver Young to Brooklyn, reports Ohm Youngmisuk of ESPNNewYork.com (on Twitter).
11:37am: The Nets would have strong interest in trying to flip Kendrick Perkins for Thaddeus Young if they acquire Perkins in a Brook Lopez deal with the Thunder, sources tell Marc Stein of ESPN.com (Twitter links). The Timberwolves are willing to part with Young as they rebuild, Stein adds. The Nets and Thunder are reportedly making progress in talks that would send Lopez to Oklahoma City in exchange for Perkins, Jeremy Lamb and more.
League rules would prohibit Brooklyn from aggregating Perkins’ salary in a subsequent swap at any point through the trade deadline, but the Nets could send him out by himself. Perkins’ salary of more than $9.654MM this season would be within the matching bounds in a one-for-one exchange for Young, who makes nearly $9.414MM this year.
The Wolves insisted on Young instead of receiving Miami’s 2015 protected first-round pick from the Cavs as part of the Kevin Love trade, but Minnesota’s hopes for a playoff berth have largely vanished amid a hail of injuries and a 6-31 record. Young, who holds a player option worth almost $9.972MM this year, has compiled a career-worst 13.5 PER this season.
Perkins is on an expiring contract, and his minutes are down a tick this season, the third straight year he’s averaged fewer minutes per game. Steven Adams has replaced the 30-year-old in Oklahoma City’s starting lineup this year.