Report: Nets To Acquire Jarrett Jack In Three-Team Trade With Cavs, Celtics

Posted on Jul 9 2014 - 2:26pm by Johnny Feulner
Jarrett Jack has been dealt to the Brooklyn Nets in order for Cleveland to create cap space - Mandatory Credit: Allen Einstein/Getty Images via Bleacher Report

Jarrett Jack has been dealt to the Brooklyn Nets in order for Cleveland to create cap space – Mandatory Credit: Allen Einstein/Getty Images via Bleacher Report

Cleveland is well aware of their odds to land LeBron James, and they’re doing everything in their power to regain the Akron, Ohio, native.

According to ESPN NBA correspondent Marc Stein, although it won’t be completed until Thursday, the Brooklyn Nets have reportedly acquired guard Jarrett Jack and Sergey Karasev from the Cavs in a three-team trade with the Boston Celtics.

Boston will receive Marcus Thornton from Brooklyn, Tyler Zeller from Cleveland, as well as the Cavs’ first-round pick in 2016. Cleveland is expected to bring in a young prospect – or two – from Brooklyn.

This move made by Cleveland to ship Jack is clearly a salary dump transaction, and according to ESPN.com’s Brian Windhorst, the Cavs will push their cap space to $24 million, to which James’ max contract would be in their range of $20.7 million.

There’s plenty of speculation that Cleveland has become a frontrunner to land James, however, nothing indicates that’s where he’s leaning. For now, consider Miami the leading candidate to land James, with Cleveland a close second.