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Grading the latest NBA transactions, including three moves by the New Jersey Nets

Updated: December 23, 2011, 2:49 PM ET
By John Hollinger | ESPN.com

I'm here to recap all the moves we're hearing about and tell you what it all means, along with my verdict (thumbs up or thumbs down) on each. Let's look at the latest transactions in the final installment of this series: