The Brooklyn Nets will reportedly trade point guard Marquis Teague to the Philadelphia 76ers, Adrian Wojnarowski of Yahoo Sports reported on Thursday.

Sources indicated that the Nets and the 76ers are still finalizing the details of the trade, but initial reports suggested that Brooklyn won't get significant assets in return.

Teague, the brother of Atlanta Hawks point guard Jeff Teague, failed to make an impact in his first two seasons in the league after getting selected by the Chicago Bulls as the 29th overall pick during the 2012 NBA Draft.

The 21-year-old point guard averaged just 2.1 points in 48 games for the Bulls during his rookie season. He played 19 games with Chicago last season where he averaged 2.4 points in 12.7 minutes before being traded to the Nets where he also struggled to increase his playing time.

The former Kentucky standout scored 10 points and four rebounds against the Boston Celtics on Wednesday, which probably made the 76ers decide to acquire the young playmaker. The 76ers have been acquiring young players over the past several months, trying out whether or not those players could make their roster for good.

Meanwhile, Iman Shumpert was mentioned in numerous trade rumors before last season's trade deadline and this offseason, but 24-year-old point guard will likely stay put for now.

Knicks president Phil Jackson said in an ESPN interview that he believes Shumpert will play a big role in the upcoming 2014-15 NBA season despite not getting heavy minutes last season under coach Mike Woodson.

"Even though Iman Shumpert was in Mike Woodson's dog house for much of last season, he's one of my favorites because he's simply our best on-ball defender at the 2 position and also against the bigger 1s," Jackson said.

Aside from being their top perimeter defender, Jackson is confident that Shumpert will be a threat on the offensive end of the floor, saying that the former Georgia Tech standout has the ability to create his own shot and make plays for his teammates.

"Once he learns the intricacies of the offense, Iman will be able to create scoring opportunities for his teammates and, unlike last season, he'll know where his own shots will come from," Jackson added.