Hawks, Celtics, and Nets Complete Blockbuster Three-Team Trade Involving Porzingis

On Tuesday, the Atlanta Hawks, Boston Celtics, and Brooklyn Nets finalized a complex three-team deal, according to ESPN's Shams Charania. Key details of the trade include:

Celtics send star center Kristaps Porzingis and a second-round pick to the Hawks

Hawks trade Terance Mann and the No. 22 draft pick to the Nets

Celtics acquire Georges Niang and another second-round pick

This marks the second major move by the Celtics in less than 24 hours, following their trade of Jrue Holiday to the Portland Trail Blazers for Anfernee Simons and two future draft picks.

Financial Impact:

Per ESPN's Bobby Marks, these deals allow the Celtics to save a staggering $180 million in luxury tax penalties, significantly reducing what was projected to be a $500+ million payroll and tax bill next season.

Additional Trade Details:

Celtics receive Cleveland's 2031 second-round pick (previously held by Atlanta)

Hawks acquire Boston's least favorable 2026 second-round pick

With these moves, the Celtics drop below the second luxury tax apron and could potentially avoid the luxury tax altogether this season. These cost-cutting measures were expected following:

Jayson Tatum's Achilles tear during the playoffs

The impending ownership transition

Competitive Impact Breakdown:

For the Hawks:

Acquire Porzingis coming off a strong season (41.2% from three)

Form a formidable frontcourt with Johnson, Okongwu, and Risacher

Gain financial flexibility with Porzingis' expiring $30M deal

For the Nets:

Take on Mann's contract ($15.5M/year through 2028)

Now hold five first-round picks in the upcoming draft

Maintain cap space for future moves

For the Celtics:

Massive financial relief

Add rotational depth pieces

Position themselves for post-Tatum injury retooling

The trade will officially be finalized on July 6, when the new NBA league year begins. This deal is certain to shift the balance of power in the Eastern Conference next season.