Hawks trade Lou Williams, Lucas Nogueira to Raptors for John Salmons

Adrian Wojnarowski
Yahoo Sports
Hawks trade Lou Williams, Lucas Nogueira to Raptors for John Salmons

The Atlanta Hawks are clearing salary cap space for free agency, trading away Lou Williams and 2013 first-round pick Lucas Nogueira to Toronto Raptors for John Salmons, a leagues sources told Yahoo Sports.

Salmons has a $7 million team option for the 2014-15 season, which the Hawks will terminate with a $1 million buyout on Monday, league sources said.

Williams gives the Raptors a veteran guard and some depth and insurance should they fail to re-sign free agent guard Kyle Lowry. Nogueira, a 7-foot Brazilian, was the 16th overall pick in the 2013 NBA draft, and played in the Spanish ACB League this season. He's a young, active center who's considered a long-term project.

Williams sheds another $5.4 million off the Hawks' payroll for the 2014-15 season.