Report: Cavaliers trade Jack to Nets, Zeller to Celtics in three-team deal

The Cleveland Cavaliers will trade point guard Jarrett Jack to the Brooklyn Nets in a three-team deal with the Brooklyn Nets and Boston Celtics aimed at clearing cap space to potentially sign LeBron James.

The Cleveland Cavaliers will trade point guard Jarrett Jack to the Brooklyn Nets in a three-team deal aimed at clearing cap space to potentially sign LeBron James, according to ESPN's Marc Stein.

The trade also includes the Celtics. The Cavaliers will send guard Sergey Karasev to the Nets and center Tyler Zeller to Boston, and the Nets will trade guard Marcus Thornton to the Celtics. Boston will also acquire a first-round draft pick from Cleveland, Stein reports.

The deal allows Cleveland to open up more salary cap space as they try to lure James. Jack has three years remaining on his contract at $6.3 million per season.

The Nets find a replacement for point guard Shaun Livingston, who agreed to sign with the Golden State Warriors earlier this month.

- Paul Palladino