Raptors Dump DeMarre Carroll’s Contract in Trade with Nets
From injury issues to low production, DeMarre Carroll was never truly able to find a niche north of the border with the Toronto Raptors.
Today, DeMarre Carroll was traded to the Brooklyn Nets, along with a first and second round pick in 2018 for the services of center Justin Hamilton. Some financial magic worked by Masai Ujiri and the Raptors now free themselves of $30-million dollars in salary space over the next two years, while acquiring the 1-year, $3-million contract of the seven foot center, Hamilton.
Hamilton will now most likely slot behind Jonas Valanciunas, while the Raptors will now look to use their newly earned cap space to add depth to their newly re-signed core of stars.
Meanwhile, the Brooklyn Nets continue to rebuild. With no plans of competing in the next two years, the Carroll contract means little to the Nets, while the two brand new draft picks can go a long way in their rebuilding process.
Meanwhile, multiple reports are suggesting the Raptors are not done as Cory Joseph seems to be on the move to Indiana in a sign-and-trade. The Raps will receive the services of the sharpshooting C.J. Miles.
Miles will receive a 3-year, $25-million deal, with the last season being a player option.
In the span of 12-hours, Ujiri dumped two big contracts, acquired a shooter, a huge trade exception, and got over the tax – wizardry!