New Jersey Nets
Eric Snow
Salary: $7,312,500 Years Remaining: 1
Sasha Pavlovic
Salary: $4,500,000 Years Remaining: 2
2009 1st round pick from Cleveland
2009 1st round pick (via Denver) from OKC
Outgoing Players: Vince Carter
Cleveland Cavaliers
Vince Carter
Salary: $14,724,125 Years Remaining: 4
Earl Watson
Salary: $6,200,000 Years Remaining: 2
Nick Collison
Salary: $6,350,000 Years Remaining: 3
Outgoing Players: Wally Szczerbiak, Eric Snow, Sasha Pavlovic
Oklahoma City Thunder
Wally Szczerbiak
Salary: $13,775,000 Years Remaining: 1
2009 2nd round pick (via Chicago) from Cavaliers
Outgoing Players: Earl Watson, Nick Collison
Cleveland: Takes-on Watson's contract for Denver's 1st round pick (sent to Jersey); Watson will be 3rd PG. Takes on Collison's contract for a 5th Big; sending-out Szczerbiak's expiring contract to OKC; trades both first rounders and expiring deals to Jersey for Vince Carter.
New Jersey: Trades-off Carter's contract, and picks-up young shooting guard, and 2 1st round draft picks, and Eric Snow's insured expiring contract.
OKC: Presti gets rid of 2 of the three contracts he is trying to unload, and picks-up Szczerbiak, who the team is familiar with, and will serve in a leadership role for the rest of the year.