Toronto Raptors forward DeMarre Carroll, along with a future first and second-round pick have been traded to the Brooklyn Nets for center Justin Hamilton.

The biggest catalyst for the trade, according to ESPN’s Adrian Wojnarowski, is a substantial savings from the luxury tax.

Carroll’s remaining salary is set at $14.8 million next season and $15.4 million in the 2018-19 season.

Trading the 6’8″ forward opens extra cap space to securely sign Kyle Lowry to the agreed three-year, $100 million contract without diving into the luxury tax.

Not only does the move save the Raptors money, but it also creates a need to replace Carroll’s three-point shooting and defense at the forward spot.

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For the Nets, coach Kenny Atkinson receives a player that he’s familiar with who played under him with the Atlanta Hawks.

Carroll averaged 8.9 points, 1.0 rebounds, and 3.8 assists last season with the Raptors and struggled to get into a rhythm during the 2017 NBA Playoffs.