NEW YORK – The Nets pulled off a big trade on the night the Brooklyn team played host to the NBA draft.
The Nets and Boston Celtics agreed to a deal in principle that would bring Kevin Garnett and Paul Pierce to Brooklyn, ESPN reported Thursday night citing sources close to the situation.
Yahoo Sports first reported the talks between the teams that would send the two perennial All-Stars to a new Atlantic Division home.
ESPNs Chris Broussard reported that Garnett agreed to waive his no-trade clause.
Brooklyn agreed to send its 2014, 16 and 18 first-round picks along with Kris Humphries expiring contract, Gerald Wallace, Tornike Shengelia, Reggie Evans and a sign-and-traded Keith Bogans to the Celtics for Pierce, Garnett and Jason Terry.
Trades cannot become official until July 10.
The deal would complete the breakup of the core that led Boston to an NBA championship and within a victory of another. The Celtics already let coach Doc Rivers leave after acquiring a draft pick from the Los Angeles Clippers.
The Nets hoped Garnett would waive his no-trade clause with Pierce joining him and the Celtics best days seemingly behind them.
The Celtics tumbled down the Eastern Conference standings this season, falling to the No. 7 seed and getting eliminated by the New York Knicks in the first round. They have been considering moving one or both of the veterans, and this would trigger the start of a true rebuilding process.
And it would provide a huge boost to the Nets at two of their weakest positions. They struggled to settle on a starting power forward all last season, and Pierce would be immune to the offensive slumps that plagued Wallace, the starting small forward.