The Memphis Grizzlies acquired center Jason Collins and cash considerations from the New Jersey Nets in exchange for forward/center Stromile Swift, club General Manager and Vice President of Basketball Operations Chris Wallace announced today.

“Let me first thank Jason Collins for his contribution to the Nets over the past seven years. He was a vital member of the core group of players that went to the playoffs six consecutive years, including two NBA Finals, and we wish him the best of luck for the remainder of his career,” said Nets president Rod Thorn. “With that said, we are pleased to add Stromile to our roster. He is a player who will add athleticism and experience to our frontcourt rotation.”

“We are pleased to add a veteran big man with Jason’s team defensive skills and outstanding intangibles to the Grizzlies,” Wallace said. “He has considerable playoff experience with the Nets and will add depth and a defensive presence at the center position. The entire organization wishes Stromile all the best with the Nets.”

Currently in his seventh season, Collins owns career averages of 4.4 points, 4.5 rebounds and 1.1 assists in 510 games (404 starts). A strong post defender, Collins had spent his entire NBA career with the Nets after they acquired his draft rights (18th selection in the first round of the 2001 NBA Draft) along with Richard Jefferson and Brandon Armstrong from the Houston Rockets for the draft rights to Eddie Griffin on June 27, 2001.

Collins, who attended Stanford with twin brother and current Utah Jazz member Jarron, was the starting center for two NBA Finals teams (2002, 2003) and averaged 3.7 points and 4.4 rebounds in 23.7 minutes in 75 career playoff games (58 starts) with the Nets.

In 43 games (23 starts) this season, the 29-year-old is averaging 1.4 points and 2.1 rebounds in 15.9 minutes. He will wear jersey No. 34 for the Grizzlies.

Swift, who was originally selected with the second pick overall in the 2000 NBA Draft by the Grizzlies when the team was still located in Vancouver, has played all but one of his seven-plus seasons with the Grizzlies (2005-06 with the Houston Rockets).

The 6-9, 220-pound forward/center has appeared in 507 games (97 starts) with the Grizzlies and Rockets, and has posted averages of 8.7 points, 4.8 rebounds and 1.3 blocks in 20.4 minutes per game. In 35 games (four starts) this season, Swift is averaging 6.8 points, 3.7 rebounds and 1.0 blocks in 15.7 minutes.

Swift, 28, ranks among the Grizzlies’ top five all-time franchise leaders in games played (441, 2nd), rebounds (2,128, 5th), free throws made (984, 3rd), free throws attempted (1,387, 3rd), steals (307, 5th) and blocks (607, 2nd).