Largest trade in NBA history made
Two other moves that were expected to go down did not.
A sign-and-trade deal that would have sent Joe Johnson from Phoenix to Atlanta was held up by a “procedural issue,” and a $20 million, six-year contract that was awaiting Willie Green in Philadelphia was put on hold after the guard injured his knee in a pickup game.
There was still plenty of activity around the league as a monthlong moratorium on trades and free agent signings was lifted. The delay was mandated while lawyers for the league and the players’ union worked out the final language of the new six-year collective bargaining agreement.
A few hours after announcing a new five-year, $100 million contract for Shaquille O’Neal, and Heat added a pair of starters in the megatrade involving Miami, Memphis, New Orleans, Utah and Boston.
Aside from Walker, a three-time All-Star, the Heat also acquired point guard Jason Williams and small forward James Posey from Memphis while the Grizzlies received guard Eddie Jones from the Heat.
Miami also received Andre Emmett from Memphis and the draft rights to Roberto Duenas of Spain from the Hornets; Utah received Greg Ostertag from Memphis; Boston picked up Curtis Borchardt from Utah and a package — Qyntel Woods, the draft rights to Spanish center Albert Miralles, two second-round draft picks and cash — from Miami; New Orleans acquired Rasual Butler from Miami and Kirk Snyder from Utah; and the Grizzlies received guard Raul Lopez from the Jazz.
Ainge negotiated the trade for Boston, signaling the Celtics’ move toward rebuilding, and West handled the Grizzlies’ end of the deal. Memphis also dealt Bonzi Wells to Sacramento earlier in the day for a package headlined by Bobby Jackson.
The five-team trade was larger than a 12-player, four-team deal in 2000 involving Patrick Ewing that had been the biggest in league history.
“We traded a lot, but we got back three quality players,” said Riley, the Heat’s president. “Antoine Walker is one of the very best multi-faceted, versatile players in this game. … He is able to handle the ball, pass it, make plays, shoot 3’s and rebound the ball. There isn’t anyone in this league better at doing that.”
Among the other deals that went through was a sign-and-trade transaction sending Shareef Abdur-Rahim from Portland to New Jersey for a lottery-protected first-round draft choice and a trade exception.
The Nets, who reached the NBA Finals two of the past four seasons, also will re-sign forward Clifford Robinson and add free agent guard Jeff McInnis to a core that includes Jason Kidd, Vince Carter and Richard Jefferson.
“On paper, we’re as good or better than we’ve ever been,” Nets president Rod Thorn said. “Offensively, we have more talent than we’ve had in my time here. The real key will be how this team plays on the defensive end of the court and how the team meshes.”
The Hawks wouldn’t reveal the nature of the hang-up in the Johnson trade.
“At this time, there is a procedural issue regarding the reported deal with Atlanta and Phoenix that needs to be resolved,” Atlanta general manager Billy Knight said in a statement.
The Hawks would send Phoenix two first-round picks, second-year guard Boris Diaw and a $4.9 million trade exception for Johnson, who was expecting to sign a front-loaded contract worth $69.6 million that includes a first-year salary of $20 million.
League spokesman Mark Broussard said it was one of the busiest days at the league office in recent years.
“It’s been a hectic day so far, and it will continue tomorrow as teams solidify any other transactions they may have going on,” he said.
Green, who averaged 7.7 points playing sporadically under former coach Jim O’Brien last season, expected to get additional playing time in Philadelphia under Maurice Cheeks. Now, everything is on hold after Green injured his knee.
Sixers president Billy King said Green damaged cartilage and needs surgery.
“The offer hasn’t been rescinded,” said Green’s agent, Noah Croom. “Billy wants to wait to determine the extent of his injury before we move forward.”
Among Tuesday’s other deals:
— As expected, Cleveland signed free agents Larry Hughes and Donyell Marshall and re-signed center Zydrunas Ilgauskas.
— San Antonio re-signed forward Robert Horry and signed free agent forward Fabricio Oberto of Argentina.
— Houston signed free agent forward Stromile Swift.
— New Orleans re-signed forward Bostjan Nachbar and signed guard Arvydas Macijauskas.
— New York signed free agent center Jerome James.
— Philadelphia re-signed center Samuel Dalembert and forward Kyle Korver.
— Washington signed free agent guard Antonio Daniels.
— Charlotte dealt point guard Jason Hart to Sacramento for a future second-round pick and acquired center Jake Voskuhl from Phoenix for a second-round pick.
— Boston signed free agent forward Brian Scalabrine.
— Miami re-signed forward Udonis Haslem.