The New Jersey Nets are in serious negotiations with the Dallas Mavericks and Portland Trail Blazers about a blockbuster three-way trade that would send Jason Kidd to the Mavericks, league sources said Wednesday afternoon.
In the proposed trade, Dallas and Portland would send the Nets a package that includes the Mavs' Devean George and Jerry Stackhouse and Blazers forwards Travis Outlaw and Channing Frye and guard Jarrett Jack. Mavericks point guard Devin Harris would be sent to Portland. Along with Kidd, the Nets would send reserve forward Malik Allen and center Jamaal Magloire to Dallas.
The Nets would also receive at least one future No. 1 pick and cash. It's expected that New Jersey would work a buyout with Stackhouse and allow him to be a free agent. Other players could be included to balance the exchange of contracts.
The Record (N.J.) first reported Wednesday morning that the three teams were in discussions.
League sources say that Nets president Rod Thorn has been working the phones relentlessly since Kidd went public on Monday with his trade request. Thorn seems determined to get a deal done soon and may be looking to completely remake the Nets. He also has been dangling guard Vince Carter.
Kidd, 34, is making $19.7 million this season, and has one year left in on his contract at $21.4 million. Kidd The addition of Kidd could make the Mavericks sudden favorites in the West, where they have had two straight heart-breaking playoff runs and currently have the third-best record in the conference.