Multiple outlets are reporting that Kevin Garnett has waived his no-trade clause and will be traded to the Brooklyn Nets along with Paul Pierce and Jason Terry. The Nets will fully guarantee Garnett’s contract for the 2014-15 season. In return the Celtics acquire Gerald Wallace, Kris Humphries, Reggie Evans, Tornike Shengalia, Keith Bogans, Kris Joseph, three first round draft picks (2014, 2016, 2018) and the right to trade picks in 2017.
This is it.
In the last twelve months, the Celtics have lost Ray Allen and Doc Rivers and shed Pierce and Garnett, putting a Closed for Business sign on the new Big Three era.
We had early reaction to the proposed trade early today and tomorrow will be loaded with reaction and analysis, so let’s leave it at that for now.
Welcome to the Rebuild.