Nets sold Korver for what?

Back in 2003, the Nets drafted a 6-7 shooter named Kyle Korver out of Creighton with the 51st overall pick in the second round.

I remember thinking how the Nets could always use shooters with Jason Kidd orchestrating the offense. But not long after the pick was made, Korver was traded to Philadelphia for cash considerations.

If you’ve ever wondered what teams do with cash acquired in a draft night deal, Grantland’s Zach Lowe provides some insight. Actually, he details what the Nets got exactly in return for Korver’s draft rights back in 2003.

In a profile on Korver, Lowe writes that the Nets traded Korver for $125,000 to fund their summer league team. And “with the leftover cash, the Nets bought a new copy machine” according to Lowe.

“We gave away a good player for summer league,” then Nets general manager Rod Thorn said in the story. “It was just one of those things we had to do. At least, that’s how I rationalized it.”

Korver, of course, has gone on to have a very productive 11-year career. He has buried 1,508 three-pointers on 42.5 percent shooting from behind the arc. Last season, he shot 47.2 percent from 3.

Hopefully the Nets got good use out of that copy machine.