NBA trade rumors: Nets acquire Taurean Prince, create cap space to potentially sign Kyrie Irving, 2nd star

Taurean Prince is heading to Brooklyn.

The Nets acquired the 25-year-old forward from the Hawks in exchange for the No. 17 pick in the 2019 NBA Draft, a protected first-round selection in 2020 and Allen Crabbe, according to a report from ESPN, which cites unidentified league sources.

Brooklyn will also receive a 2021 second-round pick in the deal, the report says.

The Nets created an additional $18 million in cap space in the trade and now have room to sign two max players this summer, the report notes.

Star Kyrie Irving “is serious” about potentially joining the Nets this summer, according to the report. Brooklyn is also hoping to be an attractive destination for the “biggest free agents in the marketplace.”

Prince, 25, should be a valuable rotation player for the Nets. He averaged 13.5 points and 3.6 rebounds while shooting 39% from 3-point range for Atlanta in 2018-19, his third season in the NBA.

The Nets exceeded expectations last season and reached the playoffs for the first time since 2014-15. They were topped by the 76ers in five games in their first-round series.

This story will be updated.