10:39 pm: The trade is official, per NBA.com’s transactions log. The Nets have released Tyrese Martin to make room on their roster for Tyson, the team announced (via Twitter).
Tyson has also been waived, tweets Michael Scotto of HoopsHype.
12:58 pm: The Nuggets and Nets have agreed to a trade that will send forward Hunter Tyson to Brooklyn along with a 2032 second-round pick, reports Shams Charania of ESPN (Twitter link). In return, Denver will acquire the least favorable of the Clippers’ and Hawks’ 2026 second-rounders, Charania adds.
The move had been anticipated since Denver was operating just $400K-ish above the luxury tax line, with Tyson considered the most expendable minimum-salary player on the roster.
The trade will allow the Nuggets to duck the tax and create a second opening on their 15-man roster — they’ll have up to two weeks to add a new 14th man, with two-way standout Spencer Jones looking like the obvious candidate to fill that spot on a new standard deal. Michael Scotto of HoopsHype (Twitter link) confirms that promoting Jones is the plan.
Even after completing that move, Denver will have a roster opening that could be filled on the buyout market, and Bennett Durando of The Denver Post (Twitter link) confirms the team intends to be active on that front.
Tyson, 25, was the 37th overall pick in the 2023 draft and has spent the past three seasons with the Nuggets, but never became a trusted part of Michael Malone‘s or David Adelman‘s rotation. The 6’8″ forward has made 90 total regular season appearances, averaging 2.2 points and 1.4 rebounds in 6.8 minutes per game.
The Nuggets will create a small trade exception equivalent to Tyson’s $2.2MM outgoing salary in the deal.
BRING OUT YOUR BUSTS
BRING OUT YOUR BUSTS
next it will be a tax on beef
“The only thing greater than my aversion to the Duck Tax is my appetite for duck.” – Winston Churchill
How much is the Duck Tax?
who are the nets waiving? they’ve got minott and tyson now
Highsmith and Thomas. I think Agbaji could be the next to go? He was taken on just for the sweeteners attached.
They released Tyrese Martin to make room on the roster for Tyson, then waived Tyson too. I’m guessing the spot will go to someone from LI or a 2-way player though they could bring in a veteran that was waived to work with the younger players.
Well, that’s not a huge price to pay for a guy they weren’t going to keep. They own the Nuggets’ entire draft when Jokic will be 37 but gave up a pick likely to be 40-45 (yes, it was still the worst of 3 2nds they had).
I totally thought with the capitalization on the “Duck Tax” that it was actually some independent/Euro-League team lol