The Brooklyn Nets took advantage of the Denver Nuggets’ oncoming luxury tax bill, and took on the contracts of Denver’s Kenneth Faried and Darrell Arthur to snag a protected 2019 first-round pick and a future second round pick, per ESPN’s Adrian Wojnarowski . As the functional cap space available around the league dwindled to three teams—Sacramento ($19.5, per spotrac.com), Atlanta ($22.5), and Chicago ($15.4 before they renounced the rights to David Nwaba on Thursday)—the Nets worked to clear cap space in order to secure the deal with the Nuggets.