Kendrick Perkins traded away from the Boston Celtics: Good or Bad?

The Boston Celtics traded Kendrick Perkins and Nate Robinson to the Oklahoma City Thunder for Jeff Green and Nenad Krstic, as well as a first round pick in 2012 that belonged to the Los Angeles Clippers. Is this move by the Celtics beneficial or detrimental? Perkins was an integral part of the Celtics' recent runs in the playoffs that saw them reach the NBA Finals in two of the past three seasons, including one NBA title. In fact, many think that if he hadn't gotten hurt during last year's NBA Finals, the outcome would have been different where the Celtics defeat the Los Angeles Lakers.

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Gallery: Kendrick Perkins traded away from the Boston Celtics: Good or Bad?

Deron Williams traded to the New Jersey Nets

The New Jersey Nets pulled off a coup by trading for Deron Williams of the Utah Jazz for Devin Harris, Derrick Favors, and two first round draft picks. The picks are the Nets' 2011 first round pick and the Golden State Warrior's 2012 first round pick, which the Nets received in the Marcus Williams trade. After a seven-month long serenade of Carmelo Anthony and ultimately failing, the Nets acted quickly in acquiring Williams, the superstar they hope to be the face of the franchise as they move into the Barclays Center in Brooklyn, New York. The hope is that Williams' presence will help lure other superstar free agents, particularly Dwight Howard of the Orlando Magic who can opt out of his contract after the 2011-12 season. The Nets hope that Williams is only the first step in many to come.

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Gallery: Deron Williams traded to the New Jersey Nets

New Jersey Nets owner Mikhail Prokohorov calls off Carmelo Anthony deal

It was bordering on the ridiculous, but finally, New Jersey Nets owner Mikhail Prokhorov put an end to the Carmelo Anthony trade madness. During a meeting with the media, Prokhorov announced that he called off the potential trade between the Nets and Denver Nuggets because the cost for Melo was too expensive and he didn't like the way the trade was being played out in public.

The Nuggets were looking for multiple draft picks, as well as multiple players. However, there were a few reported instances when parameters for a trade were agreed upon, the Nuggets asked for more. It must have been tiring for Nets GM Billy King, but finally, his boss said to forget about it. There must have been a ton of relief by King, who was being looked at as weak and nowhere near former Nets GM Rod Thorn. So, no Melo, but at least there's solid potential for the future for the team.

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Gallery: New Jersey Nets owner Mikhail Prokohorov calls off Carmelo Anthony deal