TRADE ALERT: Nets & Pistons Swing a Deal

A noted three-point gunner has changed hands, as the Brooklyn Nets and Detroit Pistons have reached agreement on a trade. Sharpshooter Joe Harris heads to the Motor City.

FULL TRADE DETAILS:

Nets receive:
$20M trade exception

Pistons receive:
Joe Harris
2 2nd-round picks

Nets clearing up some space? 👀 pic.twitter.com/2Jn5H8w2Y5

— Legion Hoops (@LegionHoops) June 30, 2023

Two future second-round picks, in 2027 and 2029, also go to the Pistons in the deal, while the Nets will receive some valuable cap space.

Nets will create a $19.9M Traded Player Exception and the flexibility to explore more deal-making this summer. https://t.co/Yx23HUJPpJ

— Adrian Wojnarowski (@wojespn) June 30, 2023

As noted by Insider Adrian Wojnarowski, the deal creates a $19.9M Traded Player Exception for the Nets (Harris's salary for the coming season). Most importantly, this move gives the Nets the cap space to re-sign restricted free agent Cam Johnson while staying under the salary cap.

Johnson has plenty of anxious suitors waiting on the free agent market, and he still might be presented with a hefty offer sheet, but the Nets want to retain him.

The Pistons, in fact, were one of the leading contenders to put a huge offer sheet in front of Johnson, but now, they've got the shooter they were looking for at a much lower price point.

Harris came back last season from a nearly year-long injury absence the season before. He's a career 43.7% shooter from distance, and if healthy, can provide the Pistons with some perimeter scoring.

Photo: Vincent Carchietta-USA TODAY Sports