Nets get Bulls’ Teague, send Taylor to Pelicans

The Chicago Bulls selected Marquis Teague as the 29th pick in the 2012 NBA Draft. Teague won a national championship with Kentucky before applying for the draft. AP

NEW YORK – A person with knowledge of the deals says the Brooklyn Nets have acquired guard Marquis Teague from Chicago for Toko Shengalia, and also sent guard Tyshawn Taylor to New Orleans in a separate move.

The trades, first reported Saturday by Yahoo Sports, open up a roster spot for the Nets, who sent cash along with Taylor to the Pelicans for a future draft pick.

It also gives Brooklyn another option at point guard, where Deron Williams has been sitting out with ankle problems.

But Teague had appeared in just 19 games for the Bulls, even though they were in need of a point guard after Derrick Rose was lost for the season. Teague was averaging 2.4 points and shooting 24 percent from the field.

Shengalia and Taylor both spent part of the season in the NBA Development League.