Adding an All-NBA player such as James to our roster better positions our team to compete against the league’s best,” Brooklyn general manager Sean Marks said. “James is one of the most prolific scorers and playmakers in our game, and we are thrilled to bring his special talents to Brooklyn.
“While we are excited to welcome James and his family to the Nets, we also want to thank the players who are departing. Caris, Jarrett, Rodions and Taurean were instrumental to the team’s success and have made an enormous impact on our organization. It has been a pleasure watching them grow both as players and as people and they will always be part of our Nets family. We wish each of them and their families all the best in the future.”
In their press release announcing the deal, the Cavs noted that they also acquired the draft rights to 2017 second-round pick Aleksandar Vezenkov from the Nets. Vezenkov has remained overseas since being drafted.
Interestingly, the Nets, Cavs, and Rockets opted to complete this trade as a three-team deal, meaning the trade sending LeVert and a second-round pick to Indiana for Oladipo will be a separate move.
Separating the two trades will allow the Rockets to generate a larger trade exception in this initial deal — that exception will be worth $15,451,216.