The Toronto Raptors have agreed to trade forward Steve Novak and a future second-round draft pick to the Utah Jazz for guard Diante Garrett, according to several reports.
The Raptors will then waive Garrett in a move designed to clear cap space for Toronto, according to Yahoo Sports’ Adrian Wojnarowski, who first reported the trade.
Toronto has traded Steve Novak to the Utah Jazz, league source tells Yahoo Sports.—
Adrian Wojnarowski (@WojYahooNBA) July 04, 2014
The 6-foot-10 Novak, 31, who has played for six teams over his eight-year NBA career, has two years and $7.2 million remaining on his contract, while Garrett has a non-guaranteed deal worth $915,000.
Novak is a 3-point specialist who has shot 43.2 percent from beyond the arc over his career despite averaging just 5.0 points. The 6-4 Garrett was Trey Burke’s primary backup after being called up from the D-League during this past season.
The deal can’t be officially announced until the NBA’s mortarium ends July 10.