Harden blockbuster deal becomes official
Carmen Mandato / Getty Images Sport / Getty

James Harden is officially a member of the Brooklyn Nets.

The Nets formally announced the acquisition of the ex-Houston Rockets star on Thursday in a three-team deal, which also included the Cleveland Cavaliers.

"Adding an All-NBA player such as James to our roster better positions our team to compete against the league's best," said Nets general manager Sean Marks in a statement. "James is one of the most prolific scorers and playmakers in our game, and we are thrilled to bring his special talents to Brooklyn."

Here's a full breakdown of the blockbuster trade:

To Nets To Rockets To Cavs
James Harden Caris LeVert Jarrett Allen
Future 2nd-round pick (via Cavs) Rodions Kurucs Taurean Prince
Dante Exum
Three future 1st-round picks (via Nets)
Four 1st-round pick swaps
Future 1st-round pick (from Cavs via Bucks)

Houston will receive Brooklyn's first-round draft pick in 2022, 2024, and 2026 as well as the right to swap first-round picks in 2021, 2023, 2025, and 2027. The Rockets also acquired a 2022 first-round pick from the Cavs, via the Milwaukee Bucks.

Meanwhile, Brooklyn acquires a second-round pick in 2024 from Cleveland.

The Cavs also waived center Thon Maker and released guard Yogi Ferrell in corresponding moves.

Houston is reportedly trading Caris LeVert and a 2023 second-round pick to the Indiana Pacers in exchange for All-Star guard Victor Oladipo.

To Rockets To Pacers
Victor Oladipo Caris LeVert
2nd-round pick (2023)
Harden blockbuster deal becomes official
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