Breaking News: Nets Rescind Trade.
Thanks to maxiepi over at Olive.com for providing this breaking news.
"East Rutherford, NJ (August 9, 2005)- The New Jersey Nets have rescinded their trade with the Portland Trail Blazers for forward Shareef Abdur-Rahim, Nets President Rod Thorn announced today. The Nets and Trail Blazers had agreed on a deal, pending a physical, that would have sent the nine-year veteran to the Nets in exchange for the Nets first round pick in 2006, lottery protected, and the team’s trade exception as a result of the Kerry Kittles trade to the Los Angeles Clippers in 2004.
“We were anticipating adding Shareef to our roster,” said Thorn. “However, during the course of his normal physical examination, some questions arose that gave us cause for concern. After consulting with several noted specialists, we feel that rescinding the trade is our best course of action. We will now look in other directions for ways to improve our team for the upcoming season.”
"
"East Rutherford, NJ (August 9, 2005)- The New Jersey Nets have rescinded their trade with the Portland Trail Blazers for forward Shareef Abdur-Rahim, Nets President Rod Thorn announced today. The Nets and Trail Blazers had agreed on a deal, pending a physical, that would have sent the nine-year veteran to the Nets in exchange for the Nets first round pick in 2006, lottery protected, and the team’s trade exception as a result of the Kerry Kittles trade to the Los Angeles Clippers in 2004.
“We were anticipating adding Shareef to our roster,” said Thorn. “However, during the course of his normal physical examination, some questions arose that gave us cause for concern. After consulting with several noted specialists, we feel that rescinding the trade is our best course of action. We will now look in other directions for ways to improve our team for the upcoming season.”
"
posted by Phatguysrule at 2:15 PM
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