PORTLAND, Ore. – The Portland Trail Blazers traded reserve guard Allen Crabbe to the Brooklyn Nets on Tuesday.
ESPN's Adrian Wojnarowski first reported the Blazers sent Crabbe to the Nets in exchange for forward Andrew Nicholson, whom the Blazers plan to waive.
Portland has traded Allen Crabbe to Brooklyn for Andrew Nicholson, league sources tell ESPN.— Adrian Wojnarowski (@wojespn) July 25, 2017
Portland will waive and stretch Nicholson's contract, league source tells ESPN.— Adrian Wojnarowski (@wojespn) July 25, 2017
Crabbe was coveted by the Nets during his restricted free agency in 2016. He signed a four-year, $75-million contract offer sheet with Brooklyn, but the Blazers chose to match it, keeping Crabbe in Portland.
Wojnarowski reports Crabbe chose to waive his trade kicker, which was built into the contract to give Crabbe more money if the Blazers moved him.
Crabbe averaged 10.7 points in 28.5 minutes per game last season.
“Allen has been a model teammate on the court and ambassador for the organization off the court,” said Blazers president of basketball operations Neil Olshey. “He will be missed by all of us who shared the last four seasons with him. We wish him the best of luck as he continues his career in Brooklyn.”
If the Blazers do waive Nicholson as Wojnarowski reports, his salary will cost the Blazers about $2.8 million in cap space each of the next seven seasons.