Nets trading Doumbouya to Rockets, acquiring Sumner from Pacers

The Nets are making a pair of minor trades Tuesday. Brooklyn will send Sekou Doumbouya (and his $3,613,680 salary) and a second-round draft pick, unprotected in 2024, to the Rockets in exchange for $110,000 per Shams Charania of The Athletic (Twitter link) and Tim MacMahon of ESPN (Twitter link). It’s a cost-cutting move for the Rockets, who will waive Doumbouya, sources inform MacMahon.

In the other deal of the day, the Nets will receive Edmond Sumner and a 2025 Heat second-round draft selection from the Pacers, per Adrian Wojnarowski of ESPN (via Twitter). The Nets will subsequently waive Sumner, set to miss the entire 2021-22 season due to a torn left Achilles tendon.

Both the Rockets and Nets have trade exceptions that will allow them to take on a new player without sending one out in a deal.

Thanks to the Sumner deal, the Pacers will save significant coin in dipping further beneath the luxury tax, according to Bobby Marks of ESPN (Twitter link). Marks notes that the Pacers will save $2.3 million in cap money, dipping them to $2.8 million below the luxury line total.