The New Jersey Nets have acquired forward Marc Jackson and cash considerations from the Philadelphia 76ers, Nets President Rod Thorn announced today. In exchange for the five-year veteran, Philadelphia received future draft considerations.

The "considerations" are apparently a conditional second round pick in the 2006 NBA Draft.

An InsideHoops.com source says that Jackson makes between $4.5 million and $5 million per season over the next two seasons before he becomes a free agent after 2006-07.

"We are pleased to add Marc to our roster," said Thorn. "He is a solid frontcourt player who will add length, toughness and depth to our frontline rotation."

In five NBA seasons, the 6-foot-10 forward has played with three different teams: Golden State (2000-02), Minnesota (2002-03) and Philadelphia (2003-05), averaging 9.0 points and 4.7 rebounds in 267 games (71 starts). Last season, Jackson averaged 12.0 points and 5.0 rebounds in a career-high 81 games (23 starts) with the 76ers, while shooting 46.5 percent (340-731 FG) from the field.

Drafted by Golden State in the second round (38th overall pick) of the 1997 NBA Draft after his junior season at Temple University, Jackson played three seasons internationally - Tofas Bursa (Turkey) in 1997-98, Lobos Caja Cantabria (Spain) in 1998-99 and Cantabria Lobos (Spain) in 1999-00. He joined the Warriors for the 2000-01 season, when he earned a selection to the NBA All-Rookie Team and finished third in the balloting for NBA Rookie of the Year.

Earlier today, the New Jersey Nets rescinded their trade with the Portland Trail Blazers for forward Shareef Abdur-Rahim, Nets President Rod Thorn announced today. The Nets and Trail Blazers had agreed on a deal, pending a physical, that would have sent the nine-year veteran to the Nets in exchange for the Nets first round pick in 2006, lottery protected, and the team's trade exception as a result of the Kerry Kittles trade to the Los Angeles Clippers in 2004.

"We were anticipating adding Shareef to our roster," said Thorn. "However, during the course of his normal physical examination, some questions arose that gave us cause for concern. After consulting with several noted specialists, we feel that rescinding the trade is our best course of action. We will now look in other directions for ways to improve our team for the upcoming season."