Nash goes to Lakers in sign-and-trade deal

Nash goes to Lakers in sign-and-trade deal

Steve Nash is going to the Los Angeles Lakers, a Pacific Division rival the two-time MVP point guard tried so hard to beat, with little success, in his eight seasons with the Phoenix Suns.

At Nash's request, the Lakers and Suns reached a sign-and-trade deal, with Los Angeles using the trade exception it got when it sent Lamar Odom to Dallas to facilitate the transaction.



Phoenix Suns guard Steve Nash (R) and Los Angeles Lakers guard Kobe Bryant catch their breath in the first half during Game 4 of the NBA Western Conference finals in Phoenix, Arizona, in this May 25, 2010 file photo. Nash, a two-time MVP, has been traded to the Los Angeles Lakers in a three-year "sign and trade" deal worth an estimated $27 million, according to media reports on July 4, 2012.

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. He agreed to a three-year, $27 million contract. In return, the Suns get four draft picks - first rounders in 2013 and 2015 and second rounders in 2013 and 2014.


Nash's agent Bill Duffy said the deal was finalized on Wednesday night.


In a statement released by the agent, Nash said that after he and the Suns agreed to part ways, he re-approached them to ask to pursue a sign-and-trade deal with Los Angeles "because it is very important to me to stay near my children and family," who live in Phoenix.


"They were very apprehensive and didn't want to do it," Nash said. "Fortunately for me, they reconsidered. They saw that they were able to get assets for their team that will make them better, assets they would not have otherwise had and it made sense for them to do a deal that helps their team get better."

(Associated Press)