Spurs trade Richard Jefferson to Warriors for Stephen Jackson

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The Spurs have acquired Stephen Jackson from the Warriors in exchange for Richard Jefferson, according to a report from Marc Spears of Yahoo! Sports. Golden State will also receive a conditional first round draft pick as part of the deal, according to Marcus Thompson of the Bay Area News Group.

Jackson wasn’t with the Warriors for very long at all, having just been sent there Tuesday as part of the deal that shipped Monta Ellis to Milwaukee in exchange for Andrew Bogut.

Spurs head coach Gregg Popovich knows what he’s getting with Jackson, who played in San Antonio for two seasons early in his career, and helped the Spurs win a championship in 2003. A lot has happened with Jackson since then, both on and off the court, and he’s bounced around the league for a variety of reasons while playing for five different teams.

Popovich runs one of the tightest ships in the league, though, and wouldn’t be bringing Jackson into the fold unless he knew he could control the situation. When healthy and dialed-in, Jackson is an above-average defender, and can provide a scoring punch when necessary, as well.

The salaries of Jackson and Jefferson match almost exactly, in the neighborhood of $10 million this season. The reason San Antonio had to throw in the draft pick was likely to entice the Warriors to commit to an extra year of Jefferson at that price; whether or not that actually makes sense for Golden State is questionable at best.

Jackson’s contract expires at the end of this season, making him a low-risk, short-term rental that would appear to immediately improve the Spurs, who currently sit in second place in the Western Conference standings.