Hawks Acquire Porzingis in Three-Team Trade, Celtics Shed Salary

Atlanta Takes a Gamble on the Big Man While Boston Clears Cap Space

In a surprising three-team trade, the Atlanta Hawks have acquired Kristaps Porzingis, a move that reshapes the Eastern Conference landscape and raises intriguing questions about both teams’ futures. This trade sees the Boston Celtics shedding salary and the Brooklyn Nets gaining draft capital, signaling potential shifts in team strategies.

Trade Details Unveiled

The deal, which included the Boston Celtics, Brooklyn Nets, and Atlanta Hawks, sees Porzingis heading to Atlanta. The Hawks also receive a second-round pick. The Nets get Terance Mann and the No. 22 pick from the Lakers (which belonged to Atlanta). In return, Boston receives Georges Niang and a second-round pick.

Boston Celtics, Brooklyn Nets and Atlanta Hawks have agreed to a three-team trade, sources tell ESPN. Full details: https://t.co/q6wN1b6RCE

— Shams Charania (@ShamsCharania) May 14, 2024

“Porzingis brings size, outside shooting and a defensive presence, all of which the Hawks could use — he also brings a huge injury risk,” the reports indicate.

—Source, Sports News

The addition of Porzingis brings potential for the Hawks, who could use his skills alongside Trae Young. The current NBA average salary is $9.5 million, highlighting the financial stakes involved in these roster moves (Statista, 2024).

Celtics’ Financial Maneuvers

For the Celtics, this deal is all about finances. They are now under the second apron, which impacts their ability to make further moves. In addition, they saved approximately $210 million in salary and luxury tax payments thanks to this trade and the Jrue Holiday deal. This could influence their approach to the offseason.

The Brooklyn Nets, in the meantime, now possess five first-round picks, which may factor into future trades.