The Brooklyn Nets have been active in the trade market this season and trading away point guard Jeremy Lin was one of their plans from the start of the summer, according to Anthony Puccio of Nets Daily.
The Nets, meanwhile, get a 2020 second round pick (via the Portland Trail Blazers) and the rights to Isaia Cordinier, a 2016 second round pick who will probably never suit up for the team. ESPN first reported the deal, saying the Nets and Hawks would swap future second-round picks.
Jeremy Lin played a mere 37 games over two seasons with the Nets and while he was a fantastic teammate, he also helped Kenny Atkinson ease into his first head coaching role in the league.
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Lin joins a crowded backcourt in Atlanta with incumbent starter Dennis Schroder and 2018 top draft pick Trae Young on the roster, though the move likely spells the end of Schroder's time in a Hawks uniform if the front office can find a willing trade partner. He has said he expects to be ready for training camp.
As for the other deal, the Nuggets freed up $21 million in salary and potentially save $43 million in payroll and luxury tax next season, Wojnarowski reported.
An eight-year veteran, Lin has career averages of 12.0 points, 4.5 assists and 2.9 rebounds.