Yahoo Sports reports that Brooklyn has agreed to send forward Tornike Shengelia to Chicago in exchange for guard Marquis Teague in one deal, while sending guard Tyshawn Taylor and cash to New Orleans for a future draft pick. ESPNNY.com also reported the terms of the deals.
"Thankful for every given opportunity," Shengelia wrote on Twitter on Saturday. "Looking forward to [meeting] Bulls Nation."
Taylor tweeted: "Along with many other things ... I pray every day for an opportunity."
Teague, 20, was a 2012 first-round pick. He averaged 2.3 points and 1.4 assists in 12.1 minutes per game in 20 appearances this season, and was sent down to the D-League on multiple occasions this year. His PER of 0.2 is dead last among point guards in the NBA this season, and he wasn't able to claim steady minutes from Chicago coach Tom Thibodeau, despite the loss of starting point guard Derrick Rose to a knee injury. Teague is on the books for $1.1 million this season and Chicago picked up his third-year rookie option for the 2014-15 season.
Shengelia, 22, was a 2012 second-round pick who has played sparingly during two NBA seasons. The Georgian forward has averaged 1.5 points and 0.8 rebounds in 8.1 minutes per game over 17 appearances this season. He is on the books for $789,000 and is in the final year of a two-year, minimum-salary contract.
Taylor, 23, was also a 2012 second-round pick who has averaged 3.9 points and 1.6 assists in 11.7 minutes over 23 games for the Nets this season. The Kansas product is on the books for $789,000 and is in the final year of a two-year, minimum-salary contract. The second-year guard made news in November when Nets coach Jason Kidd instructed Taylor to bump him so that he could intentionally spill soda on the court to delay a game.
The 6-foot-9 Shengelia should get the opportunity to compete for minutes with the Bulls, who recently traded longtime small forward Luol Deng to the Cavaliers in a cost-cutting move. Teague clearly wasn't in Chicago's plans, as Thibodeau preferred the Kirk Hinrich/D.J. Augustin combination, so the Bulls did well to cut more than $200,000 from their books this year and move out Teague's guaranteed $1.1 million salary for next season. Teague will take on Taylor's role: third-string point guard duties behind Deron Williams, who has struggled with ankle problems this season, and back-up Shaun Livingston. Taylor, meanwhile, should get a chance at some minutes in New Orleans, where the Pelicans are coping with the loss of starter Jrue Holiday to a leg injury. He joins a point guard rotation that includes Brian Roberts and 2012 lottery pick Austin Rivers.