Sources: Magic trade Dooling to Nets for cash considerations

Updated: July 20, 2008, 4:19 PM ET
ESPN.com news services

Keyon Dooling

Dooling

The New Jersey Nets acquired guard Keyon Dooling from the Orlando Magic for cash considerations, pending league approval, according to sources.

Along with cash, New Jersey is sending to Orlando a $3.3 million trade exception that they acquired from Dallas in the Jason Kidd trade.

Dooling will receive a three-year deal, averaging about $3 million per year. Only the first two years are guaranteed.

ESPN's Stephen A. Smith and ESPN.com's Chris Sheridan contributed to this report.