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NBA Trade News: Nuggets, Nets, Hawks Trigger Flurry Of Exchanges

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The Denver Nuggets completed a sequence of moves that netted Isaiah Thomas while shedding salary.

NBA: Brooklyn Nets at Boston Celtics David Butler II-USA TODAY Sports

The Nuggets have bolstered their backcourt by signing Isaiah Thomas to a one-year deal. Along with adding Thomas, Denver completed a trade to send veterans Kenneth Faried and Darrell Arthur to Brooklyn in exchange for cap relief. According to ESPN’s Adrian Wojnarowski, the Nets will also receive a protected first-round pick from the Nuggets.

The Nets weren’t done making moves after accommodating the Nuggets’ salary dump. Brooklyn then sent Jeremy Lin and a package of draft considerations to the Hawks.

The Nuggets have successfully added a veteran to their backcourt, and reduced their payroll. It did cost Denver a protected first-round pick in the 2019 NBA Draft to do so.

With Lin in Atlanta, rumors surrounding Dennis Schroder’s future with the Hawks will continue to heat up.