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Report: Joe Johnson Trade Talks Between Nets, Cavs Are ‘Stagnant’

NEW YORK (CBSNewYork) — Not so fast.

On Sunday, ESPN.com reported that the Cavaliers were interested in trading 35-year-old center Brendan Haywood to the Nets for small forward Joe Johnson.

But on Monday morning, ESPN’s Chris Broussard said that talks between the two teams are “stagnant,” and “there’s nothing happening right now.”

The Nets have reportedly been looking to move Johnson and his $24.9 million salary in 2015-16, and the Grizzlies are another team that has discussed taking the 34-year-old off Brooklyn’s hands. Johnson is the second-highest-paid player in the NBA.

If Haywood is waived before August 1, he’ll have a $10.