BSNDenver The Denver Nuggets have traded Randy Foye, 32, to the Oklahoma City Thunder in exchange for point guard D.J. Augustin, forward Steve Novak and two-second round picks, according to Chris Dempsey of the Denver Post, Adrian Wojnarowski of Yahoo! Sports. Foye was in the final year of his contract with the team and is making $3.1 million this season.
Since the Oklahoma City Thunder traded James Harden to the Houston Rockets in 2012, they have been looking for a guard guard who can run with Kevin Durant and Russell Westbrook. Dion Waiters has struggled in that role, Cameron Payne has shown promise but lacks experience as a rookie, so the team acquired veteran guard Randy Foye. While the 32 year old Foye is only averaging 6 points and 2 assists this season, he is only playing 20 minutes per game, and can still be effective in stretches. His ability to handle the ball and veteran leadership will be a welcomed addition to the Thunder’s back court.
UPDATE: Dumping the contracts of Novak and Augustin for the expiring contract of Foye saves OKC 9.8 million in cap room and luxury tax. That may be the real reason for this deal.