Nuggets Send Hunter Tyson To Nets In Tax-Avoidance Deal
nuggets-send-hunter-tyson-to-nets-in-tax-avoidance-deal
The Denver Nuggets have traded forward Hunter Tyson to the Brooklyn Nets in a move aimed at avoiding the NBA’s luxury-tax penalties, according to Hoops Rumors.
Financial considerations were the primary motivation for the transaction. By moving Tyson’s contract, Denver expects to slip below the tax threshold and reduce future penalties. Specific details of the return headed to Denver were not disclosed at the time of the report.
Tyson, a second-year forward, will join a Brooklyn roster that continues to adjust its depth chart ahead of the stretch run. The Nets, meanwhile, absorb the remainder of his deal without impacting their own tax situation.
Source: Hoops Rumors