Bobby Marks: The cap hit over the next 7 seasons for Portland on the Andrew Nicholson waiver is $2.8. Trail Blazers tax bill drops from $10.1M to $4.4M.
Andrew Nicholson Rumors
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Andrew Nicholson

Position: -
Born: 12/08/89
Height: 6-9 / 2.06
Weight:240 lbs. / 108.9 kg.
Salary: $2,844,429
Born: 12/08/89
Height: 6-9 / 2.06
Weight:240 lbs. / 108.9 kg.
Salary: $2,844,429

Adrian Wojnarowski: Portland has waived forward Andrew Nicholson, using stretch provision to spread out cap hit on balance of deal, league sources tell ESPN.

The Brooklyn Nets have acquired guard/forward Allen Crabbe from the Portland Trail Blazers in exchange for forward Andrew Nicholson. Crabbe joins the Nets after spending the first four seasons of his NBA career with Portland. In 226 games (24 starts), the 25-year-old Crabbe has registered averages of 8.3 points, 2.3 rebounds and 1.1 assists in 22.8 minutes per game while shooting 45.6 percent from the field, 41.1 percent from 3-point range and 84.8 percent from the free-throw line.
25 Jul 17
Blazers trade Allen Crabbe to Nets

Adrian Wojnarowski: Portland has traded Allen Crabbe to Brooklyn for Andrew Nicholson, league sources tell ESPN.
Adrian Wojnarowski: Portland will waive and stretch Nicholson’s contract, league source tells ESPN.
Bobby Marks: Portland will see their current luxury tax bill drop from $48.3M to $4.4M with the Allen Crabbe trade to Brooklyn. The Trail Blazers now have $122.2M in salary and are $2.9M below the luxury tax. The Trail Blazers currently project to save $60M in salary and taxes for 2017-18.