According to Adrian Wojnarowski of Yahoo! Sports, the Nets have made a sign-and-trade deal with the Warriors for Anthony Morrow.
Morrow had been a restricted free agent, but the Warriors agreeing to a sign-and-trade means that they have given up their right to match the three-year, $12 million dollar offer sheet Morrow signed with the Nets. In exchange for Morrow, the Warriors will receive a trade exception worth $4 million.
Morrow may be the best catch-and-shoot specialist in the league, but the Warriors feel that signing the more versatile Dorell Wright was a better use of their resources than retaining Morrow’s services would have been.