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.
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.