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Lakers Make Nash Trade Official
Posted By Sports Talk Florida On July 11, 2012 @ 11:37 AM In Legacy | No Comments
The Los Angeles Lakers officially announced Wednesday their acquisition of two-time MVP Steve Nash from the Phoenix Suns.
As part of the sign-and-trade deal, the Suns received first-round draft picks in 2013 and 2015 as well as second-round draft picks in 2013 and 2014.
Nash received a three-year deal for an estimated $27 million, sources told ESPN.com’s Marc Stein last week. The 38-year-old Nash, who spent the past eight seasons with the Suns, was a free agent but a sign-and-trade agreement was necessary for the Lakers to afford him.
The Lakers said in a statement that they have scheduled a press conference with Nash and general manager Mitch Kupchak for Wednesday at 3 p.m. ET.
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