HoopsHype Andrei Kirilenko rumors

December 16, 2014 Updates
December 13, 2014 Updates

King, however, said he hasn’t been given a mandate by ownership to reduce the salary — the Nets are still slated to pay a league high of more than $115 million in salary and taxes this season. "We looked at it and made a decision this year to go in a different direction," King said. "It wasn’t that the message came down, do this. We talk and discuss things." Bergen Record

December 12, 2014 Updates

The Nets and 76ers made the Andrei Kirilenko trade official Thursday, with Brooklyn agreeing to send Kirilenko, Jorge Gutierrez their 2020 second-round pick, the right to swap 2018 second-round picks and cash considerations to Philadelphia for forward Brandon Davies. One wrinkle to the trade is the swap of second-round picks will give the Nets the lower pick between theirs and the Cavaliers, who already sent Philadelphia their second-round pick that year as part of a trade this summer. The Nets also created a pair of trade exceptions — one worth $3.4 million, the other worth $916,000 — as part of the deal. New York Post

December 11, 2014 Updates

Jeff Zillgitt: Andrei Kirilenko, I've been told, is done playing in the NBA for now. He could end up on a roster later this season but that's iffy too. Twitter @JeffZillgitt

Kirilenko, a 13-year veteran, returned to practice Dec. 2 after being away from the Nets for personal reasons. The 6-foot-9, 235-pound Russian is averaging just 5.1 minutes per game. When asked after his team's 95-79 loss to Atlanta what he could say about the trade, Sixers coach Brett Brown said: "Not a lot. I'm aware of the rumblings. I think more will be revealed real soon, but really not that much." Philadelphia Inquirer

The Brooklyn Nets have agreed to send veteran small forward Andrei Kirilenko, a 2020 second-round draft pick and cash to the Philadelphia 76ers for second-year forward Brandon Davies, a person with knowledge of the situation confirmed to USA TODAY Sports. The person spoke on the condition of anonymity because the deal was not yet finalized. The deal, which will save the formerly-free-spending Nets approximately $12 million and is likely to be finalized on Thursday, is also expected to give the Sixers the right to swap 2018 second-round picks with Brooklyn. USA Today Sports

Kirilenko is in the final year of a $3.3 million contract, and will be waived in Philadelphia once the deal is completed, sources said. Kirilenko would become a free agent, but it could still be several weeks – even months – before he's ready to sign a deal to play elsewhere this season, sources said. Yahoo! Sports

Sam Amick: The deal will save Brooklyn around $12 million, all told. Likely to be finalized on Thursday. Yahoo! first reported. Twitter @sam_amick

Alex Raskin: #Nets get a $3.3 million trade exception in this deal, which means they can spend the money they saved in this deal. Twitter @alexraskinNYC

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