NBA Trade Deadline 2015: First Trade Action of Day UPDATED 2:54

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NBA Trade Deadline 2015:

Nothing has been confirmed yet as is normal for the activity on this day, however most activity is coming from the two teams who appear to blowing up there squads.

Brooklyn Nets appear to be shedding those big time contracts that made them the highest salaried team in the NBA. Here’s the activity from them so far:

Lopez/Jackson Trade on Table: UPDATE JACKSON TO DETROIT

Talks have resumed with Oklahoma City to move Brooke Lopez to the Thunder. There is a tentative deal on the table for malcontent Reggie Jackson along with Kendrick Perkins and Perry Jones to be sent back to the Nets in return.

Brooklyn is asking Jackson to commit to a long term contract.

 If Jackson leaves OKC will look to add further depth:

Flowing out of this deal are rumors that the Thunder will look to fill Jackson’s spot with one of Norris Cole (Miami) or Jameer Nelson (Denver).

Possible Jarrett Jack Trade and Kevin Garnett Returning to Wolves?

The other trade which is being discussed today out of Brooklyn centers around Jarrett Jack heading to Washington.

As part of broader deal, Nets could send Jarrett Jack to Wizards and Kevin Garnett to Minnesota, league source tells Yahoo Sports.

— Adrian Wojnarowski (@WojYahooNBA) February 19, 2015

(UPDATED: CONFIRMED GARNETT TO RETURN) In perhaps the most sentimental news of the day Kevin Garnett could be returning to Minnesota to finish his career where he started beside Flip Saunders (his former coach) and Sam Mitchell who played with him and is now an assistant coach. Certainly if Garnett returned next season it would be extremely for the youngsters on the Wolves, 4 of which played in the BBVA Rising Stars Game this past Friday in Brooklyn during All-Star Weekend.  

There’s growing belief Kevin Garnett will waive no-trade to return to Minnesota, but no final decision yet, league sources tell Yahoo. — Adrian Wojnarowski (@WojYahooNBA) February 19, 2015

Garnett has informed Wolves and Nets he is waiving his no-trade clause to clear way for KG-for-Thaddeus Young deal ESPN reported last night

— Marc Stein (@ESPNSteinLine) February 19, 2015

Which brings us to the second team who have been blowing up their squad as well. Unlike Brooklyn who are looking to shed contracts and get youthful talent in return the Nuggets appear to just be shedding contracts and dollars:

Portland Joins Top Contenders With Added Depth:

The first trade news of the day came out of Denver with Arron Afflalo and Alonzo Gee moving to Portland which makes their bench much stronger. In return the Nuggets will receive Thomas Robinson, Victor Claver, Will Barton a protected first round draft pick and a future second round pick. For Robinson this is his FOURTH team in just his third year in the league. The Nuggets will receive a trade exception of $7.5 million on the Afflalo trade.

Yahoo Sources: Portland acquires Denver’s Arron Afflalo in five-player deal. http://t.co/LWorvyymv8 — Adrian Wojnarowski (@WojYahooNBA) February 19, 2015

Denver Trades Creating $$$:

To that end they receive an even larger trade exception of $11.25 million in their other trade which sees JaVale McGee heading to Philly plus a first round pick in exchange for Turkish professional Cenk Akyol

Nuggets have generated two sizable trade exceptions today: $7.5 million in the Afflalo deal and $11.25 million in the McGee trade — Marc Stein (@ESPNSteinLine) February 19, 2015

Yahoo Sources: Denver trades JaVale McGee and a first-round pick to Philadelphia. http://t.co/hVZxAS13u8 — Adrian Wojnarowski (@WojYahooNBA) February 19, 2015

Dragic Going or Staying? UPDATED DRAGIC TO MIAMI

Meanwhile entering the day Goran Dragic was considered to be the biggest name in play but there are conflicting stories as to whether he will be moved or Suns will keep him thinking he won’t walk away from an extra year because Phoenix own his Bird’s rights.

As of now the 3 stories are:

1) Suns will keep him

2) Miami are working to get him

3) Houston is still in mix and Suns will disregard Dragic’s request to not be traded there

Suns continuing to whisper message they intend to keep Dragic … but no team wants to believe ’em entering final 50 minutes before deadline

— Marc Stein (@ESPNSteinLine) February 19, 2015

Sounds like Miami or no trade for Goran Dragic with 15 minutes to go before the buzzer

— Marc Stein (@ESPNSteinLine) February 19, 2015

Next: Can Morey Land a PG?

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