Nets waive Rafer Alston, acquire Chris Quinn from Heat

The New Jersey Nets have acquired guard Chris Quinn from the Miami Heat along with the Heat’s second round draft pick in 2012 and cash considerations in exchange for the Nets’ 2010 second round draft pick (protected 31-50), Nets President Rod Thorn announced today.

In a separate transaction, the Nets have requested waivers on guard Rafer Alston.

According to ESPN.com, “the Nets used a trade exception to take on Quinn’s $1 million contract and complete the trade. Two league sources told ESPN.com’s Chris Sheridan that Alston agreed to give back nearly $1 million of his $5.25 million salary to gain his freedom from the Nets.”

“There has never been a better person that has played for the Miami Heat than Chris Quinn,” said Heat President Pat Riley. “He is one of the hardest working, most dedicated people that we’ve ever experienced. We want to wish Chris nothing but the very best as he moves on in his career.”

Quinn, currently in his fourth NBA season out of Notre Dame, holds career averages 5.6 ppg and 2.2 apg in 168 games.  He has been inactive for each of the Heat’s games during the 2009-10 season.

Alston, who was originally acquired via trade on June 25, 2009 from Orlando, has played in 27 games (13 starts) for the Nets this season, with averages of 9.7 ppg, 3.9 apg and 2.8 rpg.  Currently in his 11th NBA season, Alston holds career averages of 10.3 ppg, 4.8 apg, and 2.8 rpg in 646 games.