Magic Obtain Vince Carter

The New Jersey Nets dealt Vince Carter and Ryan Anderson to the Orlando Magic for Rafer Alston, Tony Battie and Courtney Lee, ESPN.com reports.

"Every player hopes for an opportunity like this, to just once compete for an NBA championship," Carter said. "This is a dream come true for me. Now I have a chance to win a championship." Carter grew up in Daytona Beach and lives in Orlando.

The eight time All-Star Carter, 32, gives the Magic a perimeter scoring presence who can create his own shot, a skill which the Magic lacked in losing to the Los Angeles Lakers in the Finals. Carter averaged 21 points, 5 rebounds, and 5 assists last year.

For the Nets, the expiring contracts of Alston and Battie can shed $16.5  in payroll and put the team well below the salary cap in 2010. Over the life of the contracts, the Nets save $40 million in the deal. In addition, New Jersey gets a promising young shooting guard in Lee.

Lee, a late first-round pick from Western Kentucky in 2008, started 42 games last year.

Anderson, a 6-foot-10 forward who was the 21st pick overall in last year's draft out of Cal, started 30 games and averaged 7.4 points and 4.7 rebounds.

A few hours after trading Carter, the Nets used the 11th pick in the draft to select Terrence Williams, a versatile 6-foot-6 small forward from Louisville.

Hawks Acquire Crawford

The Atlanta Hawks and Golden State Warriors completed a deal sending guard Jamal Crawford to Atlanta for Acie Law and Speedy Claxton, ESPN.com reports.

The deal was finalized after Crawford signed paperwork stating that he won't opt out of his contract and become a free agent, as he is set to earn nearly $20 million the next two years. According to the NBA collective bargaining agreement a player who has the ability to opt out of his contract cannot be traded until July 1, when the next calendar year in the NBA starts, unless such an amendment stating Crawford won't opt out is signed.

Crawford averaged 19.7 points, 4.4 assists and 3.0 rebounds last season, and Golden State gains payroll relief by unloading his contract.

The 31-year-old Claxton was a bust in Atlanta after signing a four-year, $25.5 million contract in 2006, going more than two years without playing due to multiple injuries.

The following is a round-up of some other trades from the past week, as reported on ESPN.com:

Knicks Land Darko

The Memphis Grizzlies have agreed to send forward Darko Milicic to the New York Knicks for forward Quentin Richardson and cash considerations.

Knicks coach Mike D'Antoni feels he can turn the disappointing Milicic into the promising prospect the Detroit Pistons thought they were drafting with the No. 2 pick in 2002. The Knicks will ask Milicic to  run the floor, shoot jumpers and handle the ball.

The Grizzlies get an athletic wing with Richardson, who can provide shooting and scoring off the bench.

Lawson Dealt to Nuggets

The Denver Nuggets traded a future first-round draft pick to the Minnesota Timberwolves for the rights to North Carolina point guard Ty Lawson.

The Nuggets landed Lawson in exchange for a first-round pick they had acquired from the Charlotte Bobcats last year.

Denver needed a reserve point guard to spell the soon to be 33-year-old Chauncey Billups, who tired toward the end of the Nuggets' run to the Western Conference finals last month.

Mavericks and Oklahoma City Thunder Swap  24th and 25th Picks

The Dallas Mavericks drafted freshman Ohio State center B.J. Mullens for the Oklahoma City Thunder and received the 25th pick, which Dallas used on Rodrigue Beaubois of France. Dallas also received a future second-round draft pick in the deal.