Brooklyn Nets Acquire Jarrett Jack and Sergey Karasev

BROOKLYN, July 10, 2014 - The Brooklyn Nets have acquired guard Jarrett Jack and guard/forward Sergey Karasev from the Cleveland Cavaliers as part of a three-team trade which also included the Boston Celtics, General Manager Billy King announced today. In exchange, Brooklyn will send guard Marcus Thornton to Boston, as well as the draft rights to Ilkan Karaman, Christian Drejer and Edin Bavcic to Cleveland. Additionally, the Celtics will receive center/forward Tyler Zeller and a first round draft pick from the Cavaliers, while sending a conditional second round pick to Cleveland.

"Jarrett is a proven NBA veteran who will add versatility to our backcourt," said King. "The team had a need in that area and we are excited that we were able to secure Jarrett to fill that role. Sergey is a player who we have followed closely for several years. He is a versatile forward and will be a welcome addition to our roster."

Jack, a nine-year NBA veteran, played 80 games (31 starts) last season for the Cleveland Cavaliers, where he averaged 9.5 points, 4.1 assists and 2.8 rebounds in 28.2 minutes per game. The 6'3" guard has played in 691 career games for Portland, Indiana, Toronto, New Orleans, Golden State and Cleveland with career averages of 10.9 points, 4.3 assists and 2.8 rebounds per game. Originally drafted by Denver with the 22nd pick in the 2005 NBA Draft, Jack began his career in Portland, where he played his first three NBA seasons. The Georgia Tech product had his best statistical season in 2011-12 with New Orleans when he averaged career-highs of 15.6 points 6.3 assists and 3.9 rebounds per game. Jack has twice helped his team reach the postseason, playing in 18 total playoff games. As a member of the Golden State Warriors, Jack played in 12 postseason contests in 2012-13, making four starts. En route to helping the Warriors reach the Western Conference Semifinals, Jack posted averages of 17.2 points, 4.7 assists and 4.4 rebounds per game.

Karasev was drafted by the Cleveland Cavaliers with the 19th overall pick in the 2013 NBA Draft. The 6'7" swingman out of Russia played in 22 games for the Cavaliers, averaging 1.7 points in 7.1 minutes per game. Karasev also appeared in 18 games for the Canton Charge of the NBA Development League last season, where he posted averages of 13.5 points, 5.0 rebounds and 2.4 assists per game. A member of the Russian national team, Karasev won bronze at the 2012 Summer Olympics in London, and was a member of the gold medal winning team at the 2013 World University Games in Kazan. Prior to joining the NBA, Karasev played three seasons internationally with BC Triumph in Russia.

Thornton was acquired by the Nets from Sacramento on February 19, 2014. In 26 games for Brooklyn, the 6'4" guard averaged 12.3 points, shooting .414 from the field. In 10 playoff games with the Nets, Thornton posted averages of 5.9 points in 12.4 minutes per game.