Initially reported by The Athletic’s Shams Charania, the Brooklyn Nets have traded forward Sekou Doumbouya and a second-round pick to the Houston Rockets in exchange for cash considerations estimated at $110,000 as apart of a three-team trade.
The Nets then sent the draft rights of Juan Pablo Vaulet to the Indiana Pacers in exchange for Edmond Summer and a 2025 second-round pick (via the Miami Heat).
Sources told Charania that the Rockets will waive Doumbouya and the Nets will waive Summer, who is out for the season with a knee injury.
The Nets benefited most from the trade as ESPN’s Bobby Marks reported that the deal will save the Nets $6.8 million towards the luxury tax and $8.1 million overall.
In a similar vein, the Pacers essentially traded a second-round pick in order to free up $2.7 million under the salary cap, per Marks’ calculations.
Most notable perhaps, is that Doumbouya—a late lottery pick in the 2019 NBA Draft—is set to be waived after only showing sporadic flashes with the Detroit Pistons and failing to stick with the rebuilding Rockets, the favorites to reach the 2022 NBA Finals from the Eastern Conference.
Where the 20-year-old ends up next in his young career will be of interest, with his offensive development yet to have caught up to his defensive potential.