The Nets have acquired Mikal Bridges from the Knicks in exchange for Shake Milton and Mamadi Diakite, according to reports from Shams Charania of The Athletic and Ian Begley of SNY. This move was made in a sign-and-trade agreement that will see Milton join Brooklyn on a three-year, $9 million contract.

As part of the deal, the Nets are also sending Keita Bates-Diop to the Knicks. This trade helps both teams balance their rosters and make necessary adjustments for the upcoming season.

In addition to acquiring Bridges, the Knicks had other deals lined up to ensure they could avoid hard cap restrictions as they entered free agency. This strategic planning demonstrates the team’s commitment to building a competitive roster for the future.