12:40pm: The Sixers also receive cash, as Philadelphia announced in its press release. The 2018 second-rounder that the Sixers would send to Brooklyn if the teams swapped second-round picks that year would be Cleveland’s pick, the Sixers also note.
THURSDAY, 12:28pm: The trade is official, the Nets announced via press release. The Sixers get Kirilenko, Gutierrez, Brooklyn’s 2020 second-round pick and the right to swap 2018 second-rounders. The Nets receive Davies, and Brooklyn’s statement also confirms the creation of a pair of trade exceptions. The statement values them at $3.4MM and $916K, respectively, but it would appear as though they’re actually worth precisely $3,326,235 and $816,482, the equivalents of the salaries for Kirilenko and Gutierrez, respectively. The Nets can use them to trade for players with salaries of up to $100K more than those amounts any time between now and a year from today.
WEDNESDAY, 8:18pm: The Sixers and Nets have agreed to a trade that would send Andrei Kirilenko to Philadelphia, Adrian Wojnarowski of Yahoo! Sports reports. Also heading to the Sixers is the Nets’ 2020 second round pick, the right to swap second-rounders in 2018, and cash. In return the Nets will receive Brandon Davies. The deal is expected to be finalized on Thursday, and Brooklyn is also likely to send another minor player to the Sixers as well, Wojnarowski notes in a separate tweet. That player might be Jorge Gutierrez, Robert Windrem of NetsDaily reports (Twitter link).
Philadelphia is expected to waive Kirilenko and his guaranteed salary, worth more than $3.3MM. The Nets will save themselves nearly $12MM in salary and tax payments as a result of the deal, not counting Davies’ non-guaranteed salary of $816,482. Brooklyn isn’t planning on waiving him immediately, and will give Davies a look, reports Stefan Bondy of The New York Daily News (Twitter links). The Nets are also working on signing a free agent wing player in addition to this trade, Bondy adds.
The 33-year-old Russian’s future is unclear, since Kirilenko has been dealing with undisclosed family issues that kept him away from the Nets, as well as clouded the trade talk surrounding him since it was unclear if he would be willing and able to report to any team that acquired him. The Jazz have been mentioned as potential suitors, though today’s signing of Patrick Christopher increased Utah’s roster count to the league-maximum fifteen players, which means the team would need to make a roster move to accommodate Kirilenko if it was still interested in his services. Wojnarowski’s article also lists the Cavs and the Clippers as teams that may be interested in signing Kirilenko.
In 12 NBA seasons, Kirilenko has averaged 11.8 points, 5.5 rebounds, and 2.7 assists. His career slash line is .474/.310/.754. He appeared in just seven games for Brooklyn this season, logging just 0.4 points in 5.1 minutes per contest.
The 23-year-old Davies is in his second season in the NBA after going undrafted out of BYU in 2013. His career numbers are 3.8 points, 2.6 rebounds, and 0.8 assists per game. His shooting numbers are .417/.225/.640.