ESPN has the details, via Ric Bucher.

Perkins will receive almost $36 million fully guaranteed over the course of the four-year contract, his agent, Bob Myers, told ESPN The Magazine’s Ric Bucher.

As part of the deadline deal that sent Perkins to Oklahoma City, the Thunder trimmed a tiny bit of cap space (a little more than $1 million), which gave them just enough additional wiggle room to help hammer out a contract extension. With Boston over the salary cap, the team couldn’t offer more than $22 million over four years, while Oklahoma City was able to use that sliver of cap space to offer Perkins as much as $13 million more on a four-year deal.

So the Thunder signed Perkins for $9 million a season, which is about the going rate for a starting center. Perkins is widely regarded as one of the best defensive centers in the league, and on-court/off-court numbers at 82games support that. OKC obviously believes he will be good addition to their core of Kevin Durant and Russell Westbrook. One knock on the Thunder is that they aren’t tough enough, and the seasoned Perkins will definitely help in that area.

I highlighted the bit about Boston because it’s a little misleading the way it’s written. It’s not that the Celtics couldn’t offer Perkins a bigger deal, they could, they just elected not to. With a soft cap, a NBA team can re-sign its own players for whatever the two sides can agree on. The Celtics made a financial decision to trade Perkins away because they knew they weren’t going to pay him when his deal was up after the season.

The top two teams in the East just got a little better.

Marc Stein tweeted that Murphy told him personally that he’s going to Boston.

Murphy helps take some of the sting out of the loss of Kendrick Perkins in the Jeff Green trade. Murphy can rebound and shoot the three, so he’ll help space the court for the Celtics and give Doc Rivers another capable crunch time option with a little more length than Glen Davis.

I’m surprised Murphy didn’t pick the Heat, who seemingly have more available minutes at center, though maybe he wanted to get back to his Irish roots. The C’s are also in line to talk to Corey Brewer after his surprising buyout by the Knicks. He’s considered an elite wing defender and his on/off stats at 82games back that up.

Meanwhile, Mike Bibby is reportedly heading to the Heat. He’s well past his prime, but he’s still an upgrade over Mario Chalmers and Carlos Arroyo. I’m not sure why Miami hasn’t played with a Wade/Miller backcourt much this season, though Miller has been pretty bad as he’s been working his way back from injury.

Bibby gives the Heat an experienced player who won’t be afraid of the moment. He’s a good shooter who should be able to take advantage of open shots created by LeBron and Wade’s penetration. Good signing by Pat Riley.

We’ve officially gone down the rabbit hole, folks.

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The trade deadline ended at 3 PM ET Thursday, but that doesn’t mean the news of just-completed trades is going to stop coming in. Here are a few deadline deals that broke just before or after the league cutoff.

Blazers acquire Gerald Wallace. (Ken Berger, CBSSports.com)
The Bobcats get Dante Cunningham, Joel Przybilla and two first round picks. Since Przybilla’s deal is expiring, this is a salary dump for Charlotte. They’ll come away with Cunningham and two first rounders out of the deal. Wallace can play either forward spot, so he could play alongside LaMarcus Aldridge and Nicolas Batum if the Blazers want to play small ball.

Nate Robinson and Kendrick Perkins to OKC for Jeff Green and Nenad Krstic. (Adrian Wojnarowski, Y! Sports)
Interesting trade for the Thunder, who are going to have trouble shooting the ball if they start Perkins, Serge Ibaka and Thabo Sefolosha. They’ll have plenty of size down low and appear to be gearing up for a potential matchup with the Lakers and/or Spurs. Perkins is widely regarded as one of the best defensive centers in the league and Ibaka is no slouch either. The C’s must feel like they have plenty of size with Shaq and Glen Davis, who usually finishes games for Doc Rivers. Green will back up Paul Pierce and/or Kevin Garnett. Krstic is a serviceable center as well, and there are rumors that Boston will be looking to add Troy Murphy if he clears waivers.

Aaron Brooks to Phoenix for Goran Dragic. (Marc Stein, ESPN)
Brooks was thought to be a cornerstone of Houston’s youth movement, but one temper tantrum and one suspension later and he’s on his way to the Suns for Dragic, who was thought to be the point guard of the future in Phoenix once Steve Nash moved on. But Dragic’s three-point shot has disappeared (28% this year after 39% last season) and his numbers are down as a result. If he gets back to form, the 24-year-old could be a steal — and the Rockets got a first round pick to boot.

Rockets send Shane Battier to Memphis for Hasheem Thabeet. (Adrian Wojnarowski, Yahoo! Sports)
The Rockets get another first round pick as part of this deal. Thabeet isn’t ready for prime time, but maybe the Rockets still see potential in him. Battier’s contract is expiring and he obviously wasn’t in Houston’s long-term plans so they got what they could for him. The first round pick should be useful, even if Thabeet is not.

In another trade that “almost-was,” O.J. Mayo was going to be moved to the Pacers for Josh McRoberts and a first round pick, but the NBA didn’t receive the fax in time, so the trade was nullified. Insert Michael Heisley joke here.

The Los Angeles Clippers just pulled off the unthinkable: they managed to trade away Baron Davis’s untradeable contract. But it cost them a lottery pick.

Mary Schmitt Boyer of The Plain Dealer has the details.

An NBA source has confirmed to the Plain Dealer that the Cavaliers are about to send guard Mo Williams and forward Jamario Moon to the Los Angeles Clippers for guard Baron Davis and a No. 1 draft pick in the 2011 draft. That likely will be a lottery selection, although this draft is not considered to be particularly strong.

Below you’ll find a table with each player’s age, ’10-11 Player Efficiency Rating (via John Hollinger of ESPN) as well as their salaries for the next two seasons. Both contracts expire in 2013.

The Clippers are going to save approximately $11.7 million over the next two seasons with this trade. Even though Davis has a higher PER this season, they’re probably getting the better player in Mo Williams, who has battled injuries this year and hasn’t been the same since LeBron left last summer. I suspect he’ll be revitalized playing with Blake Griffin just as Davis was for the first half of the season.

When I first saw the headline about the Cavs trading for Davis, I chuckled, but with the Clippers’ first round pick included in the deal, it makes a lot more sense. The Cavs are basically buying the Clips’ #8 overall pick (which could end up being quite a bit higher or a little lower) in the 2011 draft for around $12 million.

Side note: It just goes to show how out of whack the NFL rookie salaries are for the top picks because it’s almost impossible to find an NFL team that wants to trade into the upper part of the draft. And here the Cavs are spending $12 million for that right because the NBA rookie salary scale is a much better deal for teams drafting in the lottery.

There’s no telling how this trade is going to work out until we see what kind of player the Cavs get with the pick. One thing it does buy the Cavs is hope. Mo Williams wasn’t going to take this team anywhere and neither is Baron Davis. Williams has more value because he’s going to provide about the same production at a fraction of the cost, but by acquiring a lottery pick, the Cavs have another building block for their rebuilding project.

The short-term winner in this trade is definitely the Clips. Not only did they shed themselves of Davis and his terrible contract (which they gave him in the first place), they also freed up enough cash in the summer of 2012 to make a run at a max free agent, assuming the next collective bargaining agreement allows for this. There are already rumors swirling that Deron Williams could join the Clips that summer, and Chris Paul could be a free agent next summer as well.

One thing is certain — the Clips have to sign/acquire a great player to play alongside Blake Griffin before he has an opportunity to sign elsewhere. If they can sign Deron Williams/Chris Paul, re-sign Griffin, and can keep Eric Gordon in the fold as well, the Clippers will really be in business.

Holy surprise blockbuster, Batman! The Nets just acquired Deron Williams.

Al Iannazzone of NorthJersey.com broke the story:

The Nets have acquired All-Star point guard Deron Williams in an out-of-the-blue blockbuster. In the deal, the Nets will send Devin Harris, Derrick Favors and two No. 1 picks to the Utah Jazz. Williams is averaging 21.3 points and is third in the league in assists, dishing 9.7 per game.

The deal has been agreed upon. It’s pending league approval and everyone passing their physicals.

Nets fans should be dancing in the streets. The team missed out on Carmelo Anthony, but I believe that Williams is actually a better acquisition for the franchise, assuming he doesn’t bolt after the 2011-12 season.

This is a curious move for the Jazz, who are giving up a two-time All-NBA 2nd Teamer, and a player who has been jockeying with Chris Paul for best point guard in the league honors for the last couple of seasons. He’s a franchise player, and the Nets just wrestled him away for Devin Harris, a raw prospect, and two first round draft picks. Favors is a nice acquisition, but the Jazz are already set at power forward with Paul Millsap and Al Jefferson. I guess the idea is that Harris isn’t too much of a downgrade from Williams — only he is — while Favors can develop in a supporting role behind Millsap and Jefferson, and eventually turn into a star. For this to work out for the Jazz, Favors needs to develop into an All-Star and Utah has to strike gold with at least one of those draft picks.

Williams clearly burned some bridges this season with his role in the Jerry Sloan resignation along with the rumors that he wanted to join the Knicks in 2012. The Nets are in a good position to add another top tier free agent that summer if they stay the course financially, even with a new collective bargaining agreement. So they have a decent shot at keeping him around for the long-term, especially with their pending move to Brooklyn.

What they don’t need are any more contracts like the one they gave Travis Outlaw last summer that averages $7 million a season. That deal really made me question the Nets’ decision-making, but this trade for Williams more than made up for it. Other than Outlaw, the Nets don’t have any contracts that extend past the 2012-13 season, so there’s an opportunity to quickly remake this roster and turn it into a winner.

After missing out on LeBron James and Carmelo Anthony in the last eight months, it sure looked like the Nets would always be the bridesmaid and never the bride, but today they are the bride, and in a big way.

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In case you haven’t heard, Carmelo Anthony was traded to the Knicks last night. If you haven’t heard, count yourself lucky (and completely oblivious), because all of this “Melodrama” got old a full month ago. A quick search at Twitter shows just how sick everyone was of the speculation.

You see, Carmelo didn’t ask to be traded. Or maybe he did, we don’t really know. He wouldn’t admit to the press that he asked for a trade, instead putting the onus on the Nuggets for wanting to trade him away. After what happened to LeBron’s image last summer, he didn’t want to be painted as the bad guy, but his act has worn thin. Everyone knows he wants to play for the Knicks. He wants to play in New York so badly that he doesn’t care that his new team had to give up the farm to get him. He just wants to be a Knick. Oh, and he wants a three-year, $65 million extension too. Let’s not forget about that.

There was another team pursuing him — the New Jersey Nets. But New Jersey (who will soon move to Carmelo’s hometown of Brooklyn) wasn’t good enough for this guy. The Nuggets and Nets worked out a trade, but the only thing holding up the deal was Carmelo’s unwillingness to sign the aforementioned extension. Who can blame the Nets? Why would they trade for him if he’s just going to leave after the season?

All of this drama would be enough to keep High Life from sponsoring Carmelo. But he recently took his hat off to himself — seriously — for playing through all this speculation. Here’s the mind-bending quote from FanHouse:

“I think it takes a strong-willed person, a strong-minded person, to deal with the stuff that I deal with and still go out there and go to work every day and perform on a nightly basis,” the Denver forward said about trade rumors that have swirled all season as the Feb. 24 trade deadline approaches. “I take my hat off to myself for dealing with all this stuff that’s going on and still be able to go out there and play at the high level that I can play at. I really don’t think an average person can walk in my shoes. I don’t think that.”

Somehow, in Carmelo’s World, he was the victim of circumstance. Not his team of eight years, the Denver Nuggets, who had no leverage and were forced into making a suspect deal because he was only willing to play for the Knicks.

Fortunately for the Common Man living the High Life, this NBA nightmare is now over. We can all go back to our lives and not be inundated with Carmelo rumors on SportsCenter.

Because it’s painful to watch a guy who refuses to live the High Life.

Marc Stein reports that the Nuggets would trade Ray Felton if he’s acquired in the Carmelo trade.

Meanwhile, Chris Broussard is reporting that the Nets and Nuggets are working on a post-Carmelo deal for one or two (former) Knicks.

If the Nets and Nuggets are discussing a post-Carmelo deal, it seems like the writing is on the wall. Carmelo will become a Knick over the next few days, and it sounds like Timofey Mozgov, Ray Felton, Danilo Gallinari and Wilson Chandler could all be included in the deal.

The New York Post has the story:

Carmelo Anthony is expected to inform the Nets by today at the latest whether or not he will accept a trade to New Jersey and sign an extension to play there, sources told The Post last night.

There were reports that the Nets’ meeting with Carmelo didn’t go all that well, but owner Mikhail Prokhorov called the meeting “fantastic” and thinks his team has a shot. (Doesn’t this sound like “The Decision: Carmelo Anthony” at this point?)

Per ESPN, Prokhorov seemed content with having driven up the price for the Knicks.

“I think we made a very good tactical decision to force [the] Knicks to pay as much as they can,” Prokhorov said. “So it’s very good, it’s very interesting, it’s very competitive.”

I mentioned that this might be his strategy in a post from last Thursday.

This could turn out to be a savvy move by Nets owner Mikhail Prokhorov. He felt like his team was getting played by the Nuggets and/or Carmelo, and he ordered management to back off. Now that the trade deadline is quickly approaching, he sees that the Knicks may get Anthony for nearly nothing, and by reentering trade talks, at the very least he should be able to drive the price up on any forthcoming Knicks/Nuggets trade, hurting the rival Knicks long term.

At the very least, Prokhorov’s involvement upped the ante for the Knicks and hurt them long term by forcing New York to give up an extra starter or two.

The Nuggets have a game on Tuesday, and if Carmelo suits up and plays, it means that nothing is close to getting done. I’d expect the Nuggets to hold him out of Tuesday’s game just to be safe. After all, the trade deadline is on Thursday — why take on the injury risk?

The Nets had their chance to pitch Camp Carmelo on their plans for the future when the two sides met at a Los Angeles restaurant, per ESPN.

Nets owner Mikhail Prokhorov and minority owner Jay-Z spent the 40-minute session informing Anthony of the club’s short-term and long-term vision, centered upon their scheduled move to Brooklyn for the start of the 2012-13 season and their confidence in building a championship-caliber team around him, largely through free agency.

Sources said Anthony was noncommittal after hearing the Nets’ presentation, declining to say whether or not he would sign the three-year, $65 million contract extension that New Jersey has established as a prerequisite for completing a trade with Denver.

According to Yahoo! Sports Adrian Wojnarowski, the Nets were not confident after the meeting.

After Carmelo Anthony sit-down with New Jersey ownership, “The Nets didn’t come away very confident,” a source briefed on meeting tells Y!

Wojnarowski also published a column early Sunday morning that outlines the growing influence that Isiah Thomas — yes, Isiah Thomas — has over owner James Dolan, who has taken over the Knicks’ trade negotiations with the Nuggets.

“Isiah is calling the shots for New York,” said one front-office executive with knowledge of the Anthony trade talks. “It’s a disgrace. Donnie should walk.”

Dolan has overruled Walsh in these trade talks and undermined his authority. Walsh has never wanted to give away Raymond Felton for an aging Chauncey Billups and throw Danilo Gallinari into the package, too. This is all Isiah, all his influence.

This all comes down to Carmelo. While most stars wouldn’t want his future team to be gutted in order to acquire him — remember those Kobe-to-Chicago rumors from a few years ago? — Carmelo just wants the Knicks to give the Nuggets enough to get this deal done before Thursday’s trade deadline. He wants to play for the Knicks and he wants his three years and $65 million in security. A supporting cast is a distant third on his wishlist, apparently. Unless he’s suddenly willing to re-up with the Nets, he’ll be a Knick by the end of the week.

As for the reemergence of Thomas as the de facto GM in New York — well, that’s just disturbing. Isiah can evaluate talent and had a pretty good run of drafts when he ran the Knicks, but in every other area of the job he was a complete disaster. Knicks fans have to be troubled by these recent developments.

Ric Bucher says that any deal won’t get done until Monday because the league does not want the awkward situation of Carmelo playing in Sunday’s All-Star Game for the West, when he actually belongs to a team in the East.