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Phoenix Suns trade veteran Jared Dudley to Brooklyn Nets for Darrell Arthur

In another reported deal, Suns set to acquire Richaun Holmes from Sixers

The Brooklyn Nets continue to maintain an active presence in the NBA offseason trade market after dealing Darrell Arthur to the Phoenix Suns for Jared Dudley and a protected draft pick.

ESPN’s Adrian Wojnarowski provided some details of the two-team trade:

The Brooklyn Nets acquired Jared Dudley and a 2021 second-round draft pick in a trade with the Phoenix Suns on Friday, league sources told ESPN.

The Nets will send the Suns forward Darrell Arthur, whose $7.4 million contract will be bought out and waived, league sources said.

The 2021 pick is protected to No. 35, league sources said.

The Suns will save $2.1 million on Dudley’s $9.5 million for 2018-19. Phoenix had been discussing a contract buyout with Dudley, but the Nets have a need for Dudley’s shooting ability as a stretch four position and could stay with them for the season.

In a separate trade, the Suns also will acquire Richaun Holmes from the Philadelphia 76ers for cash considerations, reports Keith Pompey of and Shams Charania of Yahoo Sports. Per Aldridge, the Sixers will receive $1 million in the deal.

Dudley, a career 39.6 percent 3-point shooter, said via Twitter that he learned about the trade after he woke up this morning.

He told Turner Sports’ David Aldridge that he plans to play for the Nets next season. Here’s more from Aldridge (via Twitter):

Meanwhile, @JaredDudley619, traded to Brooklyn from Phoenix this morning, tells me he plans to play for the Nets. Says the Nets need a stretch four and that he thinks he needs to show that he can still contribute to a team.

The Nets had picked up Arthur from the Nuggets as part of a July 13 trade that also included forward Kenneth Faried, a protected 2019 first-round pick and a 2020 second-round pick. That same day, the Nets also dealt guard Jeremy Lin to the Atlanta Hawks for the draft rights to Isaia Cordinier and another 2020 second-round pick.

Earlier in the summer, the Nets traded center Timofey Mozgov to the Charlotte Hornets for Dwight Howard. Mozgov was later traded to the Orlando Magic as part of a three-team trade, while Howard was waived by the Nets and signed by the Washington Wizards.