Nets Trade For Xavier Thames, Cory Jefferson

9:28am: The trade involving Jefferson is now official, too, the Nets announced in a press release. The Sixers receive cash in the deal, according to the release.

FRIDAY, 12:46am: The Nets have officially announced the Thames deal (on Twitter). Toronto receives cash in return. Brooklyn’s acquisition of Jefferson remains unofficial, but a release on the Sixers’ website helps explain the convoluted path that Jefferson took to Brooklyn. The Sixers acquired the No. 60 pick that was used on Jefferson as a part of their trade that sent No. 54 pick Nemanja Dangubic to San Antonio. The Sixers then agreed to ship that No. 60 pick to the Nets. It remains unclear what Philadelphia receives in return, but presumably it’s also cash.

THURSDAY, 11:55pm: The Nets have struck separate deals to acquire No. 59 overall pick Xavier Thames from the Raptors and No. 60 overall pick Cory Jefferson from the Spurs, tweets Adrian Wojnarowski of Yahoo! Sports.

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