US Edition
Hawks acquire Celtics' Kristaps Porzingis in 3-team trade
UNITED STATES, JUN 25 – The trade helps the Celtics save $180 million in luxury tax while the Hawks add Kristaps Porzingis, a stretch big man who averaged nearly 20 points and 7 rebounds last season.
- On Monday evening, the Boston Celtics completed a trade sending Jrue Holiday to Portland in return for Anfernee Simons and a pair of second-round draft selections as part of efforts to lower their salary obligations.
- This trade aimed to cut nearly $20 million as Boston navigates a tight financial situation and seeks to avoid harsh NBA luxury tax penalties.
- Shortly afterward, the Celtics finalized a three-team deal in which they sent Porzingis along with a second-round draft selection to the Atlanta Hawks, receiving Georges Niang and another second-round pick in return.
- Over two seasons with Boston, Porzingis played in 99 contests, posting averages of 19.8 points, 7 rebounds, 2 passes leading to scores, and nearly two blocks each game while on a $30.7 million contract set to expire.
- These transactions reduced Boston’s payroll to approximately $203 million, putting them $4 million below the secondary luxury tax threshold, and suggest that additional roster changes may still be forthcoming.
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Kristaps Porzingis is being traded by the Boston Celtics to the Atlanta Hawks, and part of what will be a three-team deal gives the Brooklyn Nets another selection in Wednesday's first round of the NBA draft, according to a person with knowledge of the agreement.
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Transition period in the Boston Celtics. After a season in which they failed to maintain the throne and in which they changed owners in a record operation, the most laureated franchise in the NBA has made the decision to part with two of the pieces that were key to the conquest of the Ring last year.Read more]]>
Coverage Details
Total News Sources64
Leaning Left11Leaning Right4Center16Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 35%
C 52%
13%
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