As much as it happens in football, it also happens in basketball as the NBA‘s transfer market officially opens from the 1st of July.A whole lot of deals are already on board. We therefore bring you the round up;
Chicago Bulls – New York Knicks deal
With a pair of major Tuesday trades, the NBA’s offseason began with a bang. Former MVP Derrick Rose and 2015 All-Star Jeff Teague headlined two noteworthy transactions. Following a meteoric ascension and disheartening fall, Tuesday the struggling Bulls parted ways with Rose. Chicago dealt the 2011 NBA MVP — along with Justin Holiday and a second round pick — to the New York Knicks in exchange for Robin Lopez, Jose Calderon and Jerian Grant.
Orlando Magic- OKC Thunder deal
The Thunder have traded forward Serge Ibaka to the Orlando Magic for Victor Oladipo, Ersan Ilyasova and the newly drafted Domantas Sabonis, perhaps tweaking the roster to appeal to soon-to-be free agent Kevin Durant.
The Magic announced the deal.Ibaka has been one of the league’s top defenders, but his offensive production has dipped. He averaged career highs of 15.1 points and 8.8 rebounds in 2013-14, but those numbers fell to 12.6 points and 6.8 rebounds last season.Oladipo fills Oklahoma City’s need for a two-way shooting guard. He averaged 16 points, 4.8 rebounds and 3.9 assists last season.Sabonis, the No. 11 overall pick, is the son of former NBA player Arvydas Sabonis. The 6-foot-11 power forward from Gonzaga averaged 17.6 points and 11.8 rebounds last season.
The Nets will acquire Michigan shooting guard Caris LeVert from the Indiana Pacers after Brooklyn traded Thaddeus Young to Indiana earlier in the day for the No. 20 draft pick.The Pacers sent their first-round pick to the Nets on Thursday, hours before the draft began, a person with knowledge of the deal told The Associated Press. The person spoke on condition of anonymity because the deal could not be announced until the NBA salary cap goes up in July.
The 6-foot-7 LeVert had each of his last two seasons cut short by injuries to his left foot. He has had three surgeries the last two years, including one in March at the Hospital for Special Surgery in New York. He was at Barclays Center, the home of his new team, dressed in a Michigan maize and blue suits and got a big ovation from the fans when his name was announced as Indiana’s pick.But LeVert knows he’ll be playing in Brooklyn.LeVert averaged 16.5 points in 15 games as a senior last year and 14.9 in 18 games as a junior. He shot 40.1 percent from 3-point range in his career.
The Nets are starting a major rebuild under new general manager Sean Marks and new coach Kenny Atkinson, but had no first-round pick in Thursday night’s draft. The Celtics hold the Nets’ pick, No. 3 overall, as Brooklyn (21-61 last season) continues to pay for the 2013 trade that brought Paul Pierce and Kevin Garnett to New York. Picking up a first-round draft pick gives the Nets another asset to either use for their roster or peddle in trade offers going forward.The Nets also received a future second-round pick from the Pacers.
It’s the second big move this week by Pacers President Larry Bird as he looks to retool the team and make it a faster, sleeker group for new coach Nate McMillan. The Pacers landed point guard Jeff Teague in a three-team trade with Atlanta and Utah that sent George Hill to the Jazz on Wednesday.Young is a versatile steals artist who averaged 15.1 points with the Nets last season. He signed a four-year, $50 million deal with the Nets last summer and Marks had said the 28-year-old was part of the team’s plans for the upcoming season.
Instead, he flipped Young to get back into the first round. The Nets are still on the hook with the Celtics for the next two seasons. Next year Boston has the right to swap first-round picks with Brooklyn and the Celtics own the Nets’ 2018 first-rounder, too.The Nets also hold the 55th overall selection in Thursday’s draft. The Pacers still have a second-rounder, No. 50 overall.
— The Sacramento Kings traded the rights to freshman forward Marquese Chriss of Washington, the eighth overall pick to the Phoenix Suns for the rights to center Georgios Papagiannis of Greece, the No. 13 pick, the rights to freshman Skal Labissiere of Kentucky, the 28th pick, a 2020 second-round draft pick and the rights to guard Bogdan Bogdanovic.
— The Boston Celtics traded the rights to freshman forward Deyonta Davis of Michigan State, the 31st pick, and forward Rade Zagorac of Serbia, the 35th pick, to the Memphis Grizzlies for a 2019 first-round draft pick.
— The Los Angeles Clippers traded the rights to freshman center Cheick Diallo of Kansas, the 33rd pick, to the New Orleans Pelicans for the rights to guard David Michineau of France, the 39th pick and freshman center Diamond Stone of Maryland, the 40th pick.