9:52 pm: The trade is official, according to announcements from the Celtics and the Nets. Brooklyn sent cash to Boston to complete the deal and has formally waived Cam Thomas to make room on the roster for Minott.
The Celtics received $110K from the Nets, tweets Brian Lewis of The New York Post. That was the minimum necessary to make the deal legal.
1:15 pm: The Celtics are trading Josh Minott to the Nets, Shams Charania reports for ESPN (Twitter link). According to Erik Slater of ClutchPoints (Twitter link), no additional players or draft picks are involved in the deal.
Boston signed Minott last summer to a two-year, minimum-salary deal that includes a second-year team option. The athletic 6’8″ wing appeared in 33 games for the Celtics this season, including 10 starts, and averaged 5.8 points and 3.6 rebounds while shooting 44.2% from three.
While Minott played reasonably well in Boston, he has been out of the rotation since before Christmas, and moving off his contract will help the Celtics reduce their luxury tax bill or perhaps even get out of the tax entirely, though at least one more move would be necessary to accomplish that.
Keith Smith of Spotrac (via Twitter) points to Xavier Tillman Sr. as a name to keep an eye on if the Celtics are aiming to duck the tax.
[UPDATE: The Celtics have indeed traded Tillman.]
As for the Nets, they’ll use their cap room to absorb Minott’s contract. It’s unclear whether they like him and will make him part of their plans going forward or if they’re being incentivized with cash to take on his remaining salary.

I’m surprised actually
Anyone want Boucher? We’ll take the Jackie Moon approach. A washing machine will be fine. Upgrade Williams.
My bad, just woke up and look what’s come to fruition. Go Celtics.
Gotta trust Big Brad
I do. Joe and the entire coaching staff do a fantastic job at getting best out of unwanted guys and developing younger guys.
The ball club is in good hands.
Joe is a great coach. Not sure why people dislike him!
I think that’s changing a lot this year. He’s been masterful.
Faceplanting twice in the offs against clearly lesser teams will do that
Huh?
If you don’t think people questioned him after bad series vs Miami and the Knicks (not to mention getting outcoached by doc rivers before that Miami series) I’m not sure what to tell your
This makes zero sense to me.
Is it legal to trade someone for nothing?
Celtics will have to get something. The return in these sorts of deals sometimes takes a while to be reported, since it’ll be something very minor (cash, draft-rights player, etc.).
No, but the asset could effectively be that. I think the Nets already used the “1-55 protected” pick for this year, so it could be for a future. It could also be one of their remaining stashes since they already gave up Marinkovic today. The final low asset option is $110K cash, I believe.
Absolute steal for the nets
Minott was fantastic in bos
Boston had injuries. Obviously Tatum but I believe Brown has surgery on his knee after the playoffs as well. KP was out. Jrue had a hamstring strain. It’s safe to assume that Tatum had calf problems before the tear because that’s how it usually happens, he was just fighting though it for the playoffs. The Heat always play them tough, NY wasn’t going to be an easy matchup either because they were playing team defense at a high level and Boston wasn’t close to 100%.
Anyone not paying attention to how well they did in the playoffs despite all starters being injured is well is what to tell your.
Dang it this was supposed to be a reply to boss man lol