Thu Jun 26 01:30:00 UTC 2025: Okay, here’s a news article summarizing the three-team trade, focusing on the key takeaways:
**Celtics, Hawks, Nets Engage in Blockbuster Three-Team Trade: Porzingis to Atlanta, Boston Cuts Costs**
**BOSTON, MA** – In a flurry of activity before the new league year, the Boston Celtics, Atlanta Hawks, and Brooklyn Nets have agreed to a major three-team trade, according to ESPN’s Shams Charania. The deal sees Kristaps Porzingis heading to the Atlanta Hawks, the Celtics acquiring Georges Niang and a second-round pick, and the Nets landing Terance Mann and the No. 22 overall pick in the upcoming NBA Draft.
The Celtics also traded Jrue Holiday to the Portland Trail Blazers for Anfernee Simons and two second-round picks late Monday evening. According to ESPN’s Bobby Marks, the Celtics saved $180 million in luxury taxes on what was originally projected to be a combined payroll and tax bill of over $500 million next season.
Specifically, the Celtics send Kristaps Porzingis and a second-round pick to the Hawks. In exchange, Boston receives Georges Niang and a second-round pick. Brooklyn acquires Terance Mann and Atlanta’s No. 22 pick.
The move signals a clear shift towards cost-cutting for the Celtics, particularly with the new ownership group set to finalize its purchase of the team in the coming weeks. While the loss of Porzingis might be a blow to their on-court product, the financial benefits are substantial, potentially allowing them to fall below the luxury tax apron.
For the Hawks, acquiring Porzingis adds a potent offensive weapon to their frontcourt, pairing him with the likes of Jalen Johnson, Onyeka Okongwu, and Zaccharie Risacher. The Hawks also potentially could have massive salary cap space next summer by moving on from Mann’s $15.5 million salary for each of the next three years. The acquisition also gives them flexibility, with Porzingis on an expiring $30 million contract, potentially opening the door for a long-term future in Atlanta or significant cap space next summer, especially considering Trae Young’s player option and Dyson Daniels’ upcoming contract extension.
The Nets, in taking on Terance Mann’s multi-year contract, secure the No. 22 pick, significantly boosting their draft capital. They now possess five first-round picks (Nos. 8, 19, 22, 26, and 27) in Wednesday’s draft and still have ample salary cap space this summer. Because the Nets are using cap space to make the deal, it cannot be official until the new league year begins on July 6.
First Piper 