Update 2:16 p.m. Ken Berger of CBSSports.com confirms the deal is done:
The Nets and Kings have agreed on their deal sending Jason Terry and Reggie Evans to Sacramento for Marcus Thornton, source confirms.— Ken Berger (@KBergCBS) February 19, 2014
Sacramento and Brooklyn have reached an agreement in principle on the three-player trade, league source tells Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) February 19, 2014
Source confirms Nets getting Marcus Thornton from Sac for Reggie Evans & Jason @jasonterry31— Chris Broussard (@Chris_Broussard) February 19, 2014
1:00 p.m. ET
The Nets and Kings are on the verge of completing the Marcus Thornton for Jason Terry and Reggie Evans deal, sources confirm.— Ken Berger (@KBergCBS) February 19, 2014
The Nets would be bolstering the scoring off their bench by replacing Terry with Thornton, and possibly setting themselves up to absorb another contract, probably a big man, either by using their Disabled Player Exception or some other trade chip. Losing the rebounding of Evans would be tough for the Nets but they can find a replacement on the trade market.
The Kings would be freeing up more space for Ben McLemore to play heavier minutes and saving themselves a little over $1 million through the 2014-15 season if they end up keeping Terry and Evans.