I've just been told by a source close to the Kings that the Sam Cassell deal is done.
The Kings get the Boston point guard and cash in the neighborhood of $500,000 to pay his salary and then some in exchange for a future second round draft pick. Considering cash is King for the financially-struggling Kings, it is worth noting that - per the numbers crunched by AOL/Sactownroyalty's Tom Ziller - the Kings make about $350,000 in this deal. What's more, the pick is heavily protected and I believe the Celtics won't get it if - as is expected - the Kings waive Cassell (Update: I'm told the Celtics would still get the pick, but it's conditional until 2015). I'm sure I'll be talking to Kings basketball president Geoff Petrie sometime today, but Boston GM Danny Ainge has confirmed the deal.
We should have more later in the day, but for the time being you can listen in on an interview from this morning in which KHTK's Rise Guys and I talked trade chatter.
- Sam Amick