So, uh, this might really be happening: Nets, Celtics deal reaches ownership level, presented to Garnett

Marc Stein of ESPN.com adds that the trade has been presented to Kevin Garnett in the hopes that he will waive his no-trade clause:

So the deal as constructed: the Nets would acquire Kevin Garnett, Paul Pierce, and Jason Terry, sending out Gerald Wallace, Kris Humphries, Reggie Evans, a signed-and-traded Keith Bogans, one of Tornike Shengelia, Kris Joseph, or Tyshawn Taylor, and three first-round picks (2014, 2016, 2018).

Deals have gotten blocked at ownership level before, but that’s as serious as a report we’ve gotten yet.

The trade still cannot be officially completed until July 10th, even if the teams agree in principle before that time.