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Chris Paul To Raptors, Ochai Agbaji To Nets In Three-Team Deal

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Chris Paul dealt to Raptors, Ochai Agbaji moves to Nets in three-team trade
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The Los Angeles Clippers, Toronto Raptors and Brooklyn Nets have completed a three-team trade that sends veteran guard Chris Paul to Toronto and fourth-year forward Ochai Agbaji to Brooklyn.

Trade details

• Toronto receives Paul and a $6.4 million trade exception.
• Brooklyn acquires Agbaji and the Raptors’ 2032 second-round pick, and receives $3.5 million in cash from the Clippers.
• Los Angeles gets the draft rights to 2019 second-round pick Vanja Marinkovic.

The transaction became official on February 5, one day after initial reports surfaced. To open a roster spot for Agbaji, the Nets waived veteran wing Haywood Highsmith.

Roster and salary ramifications

Toronto does not expect Paul, whose cap hit is $2.3 million, to report. The club may reroute him before Thursday’s trade deadline or waive him outright. By moving Agbaji’s expiring $6.4 million contract, the Raptors slip approximately $3.1 million below the luxury-tax threshold and now have two open roster slots.

Los Angeles creates roughly $3.4 million in room beneath the first-apron hard cap and opens two roster spots that could be used to convert two-way players Jordan Miller and Kobe Sanders to standard deals.

Brooklyn remains the NBA’s lone team with meaningful cap space. After absorbing Agbaji, the Nets hold about $8.9 million in cap room and still control an $8.8 million room exception for additional deadline moves.

Source: Hoops Rumors

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