The Golden State Warriors were looking to bring in free-agent small forward Andre Iguodala from Denver, but the complicated nature of the NBA's salary cap makes it easier for that to happen as part of a sign-and-trade deal. It couldn't be a straight forward two-team move, however, and the teams brought the Utah Jazz into the mix to sign-and-trade free-agent Randy Foye to Denver as part of the transaction. The deal cannot be formalized until later this week when NBA free agency deals are allowed to begin.
The Jazz will get three players, Andris Biedrins, Richard Jefferson and Brandon Rush, who represent $24 million in expiring contracts and will also receive two first round picks and two second-round picks. Villanova alum Foye will sign a three-year deal worth $3 million per year to be traded to Denver, while Iguodala will agree to a four-year, $48 million contract to head to Golden State.
USA Today reported that the deal was agreed upon late on Monday, while Yahoo Sports broke news of the trade talks earlier.
Foye fits the Nuggets' need for a three-point threat, shooting 41% from the perimeter last season, and his ability to handle the ball will fit well in that offense. The Villanova product has been an improving shooter from the outside during the course of his career. He averaged 27.4 minutes per game last season, while playing in 82 games (and starting 82) for the Jazz. Playing primarily off the ball, he averaged 2 assists, 1.5 rebounds, and 10.8 points last season.