Paul Pierce, Kevin Garnett

Report: Garnett signs off on trade that would send him, Pierce to Brooklyn

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UPDATE #2 10:56 PM: Kevin Garnett will agree to waive his no-trade clause, clearing a major hurdle for the deal, according to Adrian Wojnarowski of Yahoo Sports.

That makes this deal far more likely. It is not finalized yet, and can’t be officially executed until July 10, but the teams are working to get the deal paramaters set by tomorrow. This looks like it could really happen.

UPDATE 5:50 pm: This trade is moving along and moving along quickly — the deal is in advanced talks and Kevin Garnett has had it presented to him to see if he would waive his no-trade clause, according to multiple reports.

The trade has actually grown to include more players, reports Adrian Wojnarowski of Yahoo Sports:

The talks are centering around a package that would include Gerald Wallace, Tornike Shengelia, the expiring deal of Kris Humphries and three future first-round picks (2014, ’16 and ’18), sources told Y! Sports.

Jason Terry also will be in the package going to the Nets, sources said. The Nets would send back Reggie Evans and do a sign-and-trade involving Keith Bogans and one more minimum-level player as part of package, a source said.

Marc Stein at ESPN reports Garnett has been approached about waiving his no trade clause to allow this deal.

The two sides could agree in principle to the trade in the next 24 hours, however it cannot be executed until July 10. That is because it requires Paul Pierce’s larger salary, which kicks in July 1, but there is a moratorium on trades being finalized at the start of the free agent period. That lasts until the 10th.

1:13 pm: If Nets GM Billy King can find a way to get out from under this roster he built, the man deserves a Harry Houdini award.

And he may have found his path — with the Boston Celtics.

The Nets and Celtics are discussing a blockbuster deal that would bring Kevin Garnett and Paul Pierce to Brooklyn, reports Adrian Wojnarowski of Yahoo Sports.

The talks are centering around a package that would include Gerald Wallace, Tomike Shengelia, the expiring deal of Kris Humphries and three future first-round picks, sources told Y! Sports.

Garnett has yet to be approached about waiving his no-trade clause, sources said, but there’s a belief that he could be convinced of agreeing to a deal should the Celtics and Nets be able to reach an agreement on terms. No deal is imminent.

First, this is not going to be done fast — it couldn’t be completed until after the moratorium is lifted on July 10 (because of Pierce’s salary).

Boston certainly wants to try and move Pierce and Garnett together — that way KG is more likely to waive his no-trade clause — but that is a lot of salary to move and few teams would be willing to take it on. Brooklyn apparently will consider it.

Those picks are spread out over a few years and there are complications — the Atlanta Hawks have the right to switch first round picks with the Nets in 2014 or 2015. The Nets can’t trade picks in consecutive years so this would space out for a while.

If it came to pass — and that’s still a big “if” — it would give the Nets Deron Williams at the point, Brook Lopez at center, Garnett at the four and Pierce at the five. There would be a lot of tax to be paid but the team would be a bigger threat (if they can stay healthy) to the elite of the East.

The picks would matter to the rebuilding Boston Celtics, but they would then be trying to move Gerald Wallace and the three years, $30 million still on his deal. That contract is an anchor and would be the hard part of the deal for Boston to swallow.

Whenever they do move Pierce and Garnett, other questions come up for Boston: How far down does the rebuilding go? Do you move Rajon Rondo too? Do the Celtics go all in on the “Woeful for Wiggins” train?

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.

Hawks sign former Michigan State center Matt Costello

ST LOUIS, MO - MARCH 18: Matt Costello #10 of the Michigan State Spartans handles the ball against Darnell Harris #0 of the Middle Tennessee Blue Raiders in the second half during the first round of the 2016 NCAA Men's Basketball Tournament at Scottrade Center on March 18, 2016 in St Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.

The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.

Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.

Terms of the deal were not released.

Watch Jamal Crawford drop an effortless 44, hit game winner at Seattle pro-am

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Jamal Crawford knows how to get buckets.

He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.

Doc Rivers hopes to see a lot of that next season.