In a major three-team transaction, the Boston Celtics have sent 7-foot-2 former All‑Star Kristaps Porzingis to the Atlanta Hawks, according to ESPN’s Shams Charania.

It is a three-team trade and the Brooklyn Nets are also involved. This move underscores Boston's aggressive salary-shedding strategy following key injuries and a recent Finals win in 2024.

Porzingis, 29, averaged 19.5 pts, 6.8 reb, 1.5 blk in just 42 games last season and holds the potential to stretch the floor and protect the rim. With him, the Hawks acquire size and shooting necessary for their roster to flourish. Atlanta also adds a second-rounder and addresses its need for a frontcourt upgrade alongside Trae Young and Onyeka Okongwu.

In return, Boston receives Georges Niang and a second-round pick, as the Celtics reduce tax burden clearing approximately $180 million in luxury-tax liabilities and dropping below the second salary-cap apron – a rapid teardown post-Tatum injury, who suffered a tear to his right achilles in their second-round loss to New York.

Brooklyn lands guard/forward Terance Mann and the Hawks' No. 22 pick, boosting their 2025 draft assets to five first-round selections and utilizing cap space for maximum flexibility. The Nets cashed in draft capital with this trade as they now own 5 first round picks in this year’s draft.

The deal is expected to become official on July 6 due to salary-cap timing rules.

ANALYSIS: For the Hawks, this is a high-risk, high-reward move as Porzingis brings elite shooting and defense, though his health remains a concern. For the Celtics, the franchise gains cap flexibility to rebuild or pursue new core pieces after losing both Holiday and Porzingis. For the Nets, they continue accumulating draft picks and cap space, emphasizing long-term strategic positioning.

Atlanta is betting big on Porzingis upside to elevate its playoff prospects; Boston is resetting financially; and Brooklyn is poised for a draft-fueled offseason build. This is a monumental three-team shift that's reshaping Eastern Conference power dynamics.