The Jazz have reached an agreement to acquire Steve Novak and future second-round pick from the Raptors for Diante Garrett. The move allows Toronto to open up some cap space and gives Utah much-needed three-point shooting. Per Yahoo:

In a move to create salary cap space, the Toronto Raptors have reached an agreement to send Steve Novak to the Utah Jazz, league sources told Yahoo Sports.

 

Along with Novak and the two years and $7.2 million left on his contract, the Raptors will send a future second-round draft pick to Utah, sources said. The deal can’t be completed until the league’s moratorium ends on Thursday.

 

The Jazz will send the Raptors guard Diante Garrett, who, with a $915,000 non-guaranteed deal for this season, will be waived, sources said.