End of an era: KG will agree to Brooklyn trade, will join Pierce on the Nets

Kevin Garnett will agree to trade to Brooklyn and Celtics are sending KG and Paul Pierce to the Nets, league sources tell Y! Sports.
— Adrian Wojnarowski (@WojYahooNBA) June 28, 2013

The Nets have agreed to fully guarantee the $12 million owed Garnett in the 2014-'15 season, sources tell Y! Sports.
— Adrian Wojnarowski (@WojYahooNBA) June 28, 2013

The Celtics will receive 1st rounders in 2014, 2016, 2018, expiring contracts and be forced to pay Gerald Wallace $30 million over the next 3 years. The Nets also agreed to take on Jason Terry's contract in the deal. The Nets are now a serious contender with Deron, JJ, Pierce, KG, and Lopez, while the Celtics have hit full rebuild mode.

A trade like this is why I was always for not waiting on trading the Big 3. They were never going to retire as Celtics, so might as well get something before they lost value. In the end, for Ray Allen, Paul Pierce, and Kevin Garnett the Celtics receive a few draft picks and have to take on a bad contract. Not exactly the return that Ainge was talking about when he said that Red should have broken up the original Big 3.

There is one possible lottery ticket in this trade and that is if the Nets shit the bed and suck by 2016 and/or 2018 and those picks become valuable. They also could end up being worthless of course. A new era has begun. Time to show us what you got Danny.


Update: Here is the full deal via ESPN:

Brooklyn has agreed to send three first-round picks (2014, '16 and '18) 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 Terry. By agreeing to add Terry to the trade, sources said, Brooklyn alleviated some of Boston's concerns about absorbing the remaining three years, $30 million on Wallace's contract.