The Nets have traded Thaddeus Young to the Pacers for the 20th overall pick in tonight's NBA Draft and a future second-round pick, reports Adrian Wojnarowski of The Vertical.
There were also several Western Conference teams interested in acquiring Young, according to Wojnarowski.
It was reported earlier this month by Basketball Insiders' Alex Kennedy that the Nets were aggressively seeking to acquire a first-round pick.
In addition to the recently-acquired 20th pick, the Nets have the 55th pick in the draft. Their original first-rounder was traded to the Celtics in 2013, and the right to swap their pick with the Clippers was dealt back in 2011.
I think that's a good haul for the Nets. Yes, with the expanding cap, Thad would have gotten more of a cost-efficient option as his contract went on. But now, Brooklyn fans have a reason to tune into the draft, and they even got a future second-rounder to boot.
At 20 overall, the Nets should be able to make a pick similar to the Chris McCullough pick of a year ago: a ton of upside, but with a caveat. Someone like Denzel Valentine, who may be a top-five pick if not for concerns about his knee. If Sean Marks can hit on a selection like that, this trade will be a steal.
Young loved being in Brooklyn, and Nets fans loved having him. But he'll be better-served playing for a team with a chance to reach the postseason.