Report: Nets finalizing trades with Bulls and Pelicans to free up roster spot

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The Brooklyn Nets are reportedly close to making two separate trades that will be of little consequence to their product on the court, or to the average fan.

But they may be setting themselves up for something bigger in the future.

The Nets are finalizing a trade with the Bulls that would send Tornike Shengalia to Chicago in exchange for Marquis Teague, reports Adrian Wojnarowski of Yahoo Sports.

A separate deal with the Pelicans (also reported by Wojnarowski) has Brooklyn sending Tyshawn Taylor to New Orleans with cash in exchange for a future draft pick.

The latter move is likely of more interest, since it creates a roster spot that could allow the Nets to use the disabled player exception they were granted when Brook Lopez was lost for the season due to injury.

There’s a prohibitive cost associated with using that $5.25 million exception to go out and get some additional talent, likely in the $16-$20 million range when luxury tax penalties are considered. But the team applied for it for a reason, and it would appear they are making these moves in case an opportunity to add another piece presents itself.

Taylor averaged 3.9 points and 1.6 assists in 11.7 minutes per game for Brooklyn this season, while appearing in 23 contests. He had fallen out of the rotation since the middle of December, however, and will be remembered most for his role in the drink-spilling incident involving Jason Kidd that took place earlier this season.

Teague is a player similar in skill set to Taylor, and Shengalia didn’t play much at all for the Nets. But Brooklyn is taking on an additional year of guaranteed salary in order to add Teague to the roster.