The Sixers will receive a 2015 protected first-round pick that Denver owned via Oklahoma City and the rights to Chukwudiebere Maduabum, a 2011 second-round draft pick of the Los Angeles Lakers who has played in the D-League and Estonia. The Nuggets will get the rights to Turkish professional player Cenk Akyol.
In Denver's two deals today, it has created $18 million in player-trade exceptions.
Denver is unloading the balance of $11.3 million for this season and $12 million for 2015-16 on McGee's contract.
The Sixers and McGee have no plans to discuss a contract buyout, clearing the way for McGee to play for the team this season, league sources told Yahoo Sports.
Neither the Sixers, nor McGee's agent, B.J. Armstrong of Wasserman Media Group, have broached the idea, sources said.
It is unclear how 76ers coach Brett Brown would use McGee on such a young, rebuilding roster.
McGee, in his seventh NBA season, was averaging 5.2 points and 2.8 rebounds in 11 minutes per game for Denver.
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